Kuwait Stock Exchange (KSE) announces that the board of Ajwan Gulf Real Estate Co. (Ajwan) ratified, on Thursday, 03/03/2011, the financial statements for the FY that ended on 31/12/2010, as follows:
1- Financial results:

Item	FY ended 31/12/10	FY ended 31/12/09
Profit (Loss) (KWD)	(1.605.484)	(361.867)‏
EPS (LPS) (fils)	(16.05)	(4.43)
Total current assets	2.906.376	7.699.239
Total assets	8.298.287	13.426.597
Total current liabilities	172.690	3.696.657
Total liabilities	208.427	3.731.253
Total shareholders’ equity	8.089.860	9.695.344

Total revenue and expenses of dealings with related parties reached KWD 830.271 and KWD (260.367) respectively.

2- Proposed dividend:
The board recommended freezing FY10 dividend, pending the approval of shareholder meeting and competent authorities.