Kuwait Stock Exchange (KSE) announces that the board of Mubarrad Transport Co., in a meeting held today, Monday, 28/03/2011, endorsed the financial statements for the fiscal year that ended on 31/12/2010 as follows:

1) Financial results:

Item	FY ended 31/12/2010	FY ended 31/12/2009
Profit (Loss) (KWD)	(179,028)	(7,859,733)
EPS (LPS) (fils)	(0.89)	(47.08)
Total current assets	12,687,279	13,427,768
Total assets	35,115,269	29,406,912
Total current liabilities	5,600,087	7,756,821
Total liabilities	8,763,727	8,134,399
Total shareholders’ equity	26,241,878	21,263,331

Revenue and expenses of dealings with related parties totaled KWD 409,921 and KWD 452,196 respectively.

2) Proposed dividend:

The board recommended withholding dividend for FY10, pending the approval of shareholder meeting and competent authorities.