Kuwait Stock Exchange (KSE) announces that the board of Gulf Petroleum Investment Co. (PetroGulf), in a meeting held yesterday, Wednesday, 11/5/2011, endorsed the interim financial statements for the fiscal periods that ended on 31/3/2011 as follows:

Current periods:

Item	3 months ended 31/03/2011	3 months ended 31/03/2010
Profit (Loss) (KWD)	628,992	(827,603)
EPS (LPS) (fils)	2,87	(3,78)
Total current assets	7,269,772	6,778,195
Total assets	51,813,413	55,385,564
Total current liabilities	15,099,660	13,043,436
Total liabilities	29,123,690	32,085,019
Total shareholders’ equity	22,170,067	22,624,355

No revenue or expenses of dealings with related parties were recorded.