Kuwait Stock Exchange (KSE) announces that the board of Kuwait Resorts Co. (Muntazahat) approved, on Tuesday, 27/03/2012, financial statements for the FY that ended on 31/12/2011, as follows:

1- Financial results:

Item	FY ended 31/12/11	FY ended 31/12/10
Profit (Loss) (KWD)	429,645	(3,939,148)
EPS (LPS) (fils)	2,40	(21,65)
Total current assets	31,202,336	34,283,683
Total assets	54,387,531	59,085,444
Total current liabilities	23,777,386	24,941,486
Total liabilities	39,234,394	44,120,887
Total shareholders’ equity	15,153,136	14,964,557

Total revenue and expenses of dealings with related parties reached KWD 98,980 and KWD (93,770)respectively.

2- Proposed dividend:

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