Kuwait Stock Exchange (KSE) announces that the board of Credit Rating & Collection Co. (Tahssilat), in its meeting held yesterday, Monday, Feb. 13th, endorsed financial statements for the fiscal year that ended on Dec. 31, 2011, as follows:

1- Financial results:

Item	FY ended 31/12/11	FY ended 31/12/10
Profit (Loss) (KWD)	(1,988,774)	(157,162)
EPS (LPS) (fils)	(12,05)	(0,95)
Total current assets	17,598,271	17,473,670
Total assets	17,623,854	19,721,602
Total current liabilities	121,241	116,505
Total liabilities	143,078	252,282
Total shareholders’ equity	17,463,693	19,469,320

Neither revenue nor expenses of dealing with related parties were recorded.

2- Proposed dividend:

The board recommended withholding dividend for FY11. This proposal is pending the approval of the shareholder meeting and competent authorities.