Kuwait Stock Exchange (KSE) announces that the board of Commercial Real Estate Co. (Altijaria) endorsed today, Wednesday, 16/03/2011, the financial statements for the fiscal year that ended on 31/12/2010, as follows:

1- Current periods:

Item	FY ended 31/12/10	FY ended 31/12/09
Profit  (KWD)	5.551.428	19.056.592
EPS (fils)	3.14	10.79
Total current assets	53.672.669	64.200.693
Total assets	409.577.067	413.035.351
Total current liabilities	117.815.573	81.880.393
Total liabilities	166.742.206	177.760.151
Total shareholders’ equity	242.834.861	235.275.200

Expenses of dealings with related parties totaled KWD 482.323, with no relevant revenue recorded.

2- Proposed dividend:

The board recommended withdrawing FY10 cash dividend. This proposal is subject to the approval of shareholder meeting and competent authorities.