Kuwait Stock Exchange (KSE) announces that the board of Kuwait Co. for Process Plant Construction & Contracting (KCPC), in its meeting held on Tuesday, 22/3/2011, endorsed 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 (KWD)	1,259,724	1,956,051
EPS (fils)	22,68	35,25
Total current assets	19,500,627	25,908,326
Total assets	32,342,992	38,726,977
Total current liabilities	13,154,235	19,098,640
Total liabilities	17,507,799	24,610,807
Total shareholders’ equity	14,835,193	14,116,17

Total revenue and expenses of dealings with related parties reached KWD 22,151 and KWD 35,134 respectively.

2- Proposed dividend:

The board recommended paying cash dividend at 5% of par value, or 5 fils a share, and distributing bonus shares at 10% of paid-in capital, or 10-for-100 for the FY that ended on 31/12/10. Shareholders of record on the general meeting date are entitled to this dividend, which is subject to the approval of shareholder meeting and competent authorities.