Kuwait Stock Exchange (KSE) announces that A'ayan Leasing & Investment Co. (ALIC) will hold its ordinary and extraordinary shareholder meetings on Sunday, 11/9/2011, 11:00 a.m. at the Ministry of Commerce and Industry (MOCI). Shareholders will discuss the board’s recommendation for the FY that ended on 31/12/2010 on:

- Withholding dividend;

- Cancelling a capital increase by KWD 10.000.000 through issuing 100.000.000 shares; The capital top-up was approved by the ordinary and extraordinary shareholder meetings for the FY that ended on 31/12/2009;

- Approving a capital hike by KWD 10.000.000 through issuing 100.000.000 shares, at 100 fils par value each with no issue premium. Shareholders of record one day prior to the capital call are entitled to this increase;

- Approving a capital increase by KWD 46.000.000 through issuing 460.000.000 shares at 100 fils par value each to new shareholders;

- Electing a new board for the coming three-year term;

- Discussing other agenda items.

These recommendations are subject to the approval of shareholder meeting and competent authorities. Trading is halted on the stock as the company failed to submit financial statements for the period that ended on 31/3/2011.