Kuwait Stock Exchange (KSE) announces that the board of Mashaer Holding, in its meeting held on Thursday, 31/3/2011, endorsed financial statements for the FY that ended on 31/12/2010, as follows:

1- Current periods:

Item	FY ended 31/12/10	FY ended 31/12/09
Profit  (Loss) (KWD)	(24.947.475)	4.644.275
EPS  (LPS) (fils)	(139)	29
Total current assets	29.007.895	15.371.281
Total assets	74.008.341	100.358.812
Total current liabilities	25.629.332	32.892.931
Total liabilities	32.185.417	32.952.031
Total shareholders’ equity	41.463.552	66.981.833

Total expenses of dealings with related parties reached KWD 156.829, with no relevant revenue recorded.

2- Proposed dividend:

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