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Al Aqaria suffers KWD 387 thousand loss in 3 months till 31/03/2011

ALAQARIA ALAQARIA 4.67% 31.40 1.40

Kuwait Stock Exchange (KSE) announces that the board of Kuwait Real Estate Holding Co. (Al Aqaria) ratified today, Sunday, May 15, 2011, the interim financial statements for the fiscal period that ended on 31/03/2011 as follows:

1) Current periods:

Item

3 months ended 31/03/2011

3 months ended 31/03/2010

Profit (Loss) (KWD)

(387,718)

146,577

EPS (LPS) (fils)

(1.26)

0.475

Total current assets

9,515,349

12,333,152

Total assets

60,173,612

66,019,611

Total current liabilities

28,984,891

32,020,219

Total liabilities

34,527,070

38,147,205

Total shareholders’ equity

25,619,364

27,830,884

Total revenue and expenses of dealings with related parties reached KWD 18.209 and KWD 436 respectively.

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