Kuwait Stock Exchange (KSE) announces that the board of Palms Agro Production Co., in a meeting held yesterday, Tuesday, May 10, 2011, endorsed the interim financial statements for the fiscal periods that ended on 31/3/2011 as follows:

Item	3 months ended 31/03/2011	3 months ended 31/03/2010
Profit (KWD)	66,990	361,743
EPS (fils)	1.28	6.91
Total current assets	7,916,737	7,219,620
Total assets	10,597,063	9,753,983
Total current liabilities	1,593,326	861,697
Total liabilities	2,087,315	1,295,624
Total shareholders’ equity	8,509,748	8,458,359

Total expenses of dealings with related parties reached KWD 11.156, with no relevant revenue recorded.