Kuwait Stock Exchange (KSE) announces that the board of Mobile Telecommunications Co. (Zain), endorsed on Thursday, 03/03/2011, the annual financial statements for the fiscal year that ended on 31/12/2010, as follows:

1- Financial results:

Item	FY ended 31/12/01	FY ended 31/12/09
Profit (KWD)	1.062.805.711	195.008.478
EPS (fils)	275	51
Total current assets	1.137.507.881	712.626.596
Total assets	3.709.936.807	5.696.757.988
Total current liabilities	718.153.924	1.476.415.459
Total liabilities	962.020.174	3.218.280.356
Total shareholders’ equity	2.747.916.633	2.478.477.632

Revenue from dealings with related parties totaled KWD 14.490.119, with no expenses incurred.

2) Proposed dividend:

The board recommended paying cash dividend at 200% of par value, or 200 fils a share for FY10. Shareholders of record on the general meeting date are entitled to this dividend. This proposal is pending the approval of shareholder meeting and competent authorities.