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Aldrees Company announces the method of dividends distribution for the Financial Year 2017

ALDREES 4200 49.48% 172.20 57.00

Reference to the announcement of Aldrees Petroleum Services and Transport Company (ALDREES), on 18 January 2018 and 06 March 2018, on the recommendation and the approval of the distribution of cash dividends for the year 2017, Aldrees Petroleum Services and Transport Company (ALDREES) announces to the shareholders of the company that the dividends distribution for the Financial Year 2017 , will be on Monday 19 March 2018 of which (1) SAR per share according to the approval of the General Assembly held on 05/03/2018. The entitlement of profits to the shareholders of the Company registered in the Companys records with the Securities Depository Center (The Deposit Center) will be at the end of the date of the Extraordinary General Assembly meeting held on 05/03/2018. The Company has agreed with Riyadh Bank to deposit the profits of the Company's shareholders directly to their current accounts relating to their investment portfolios, which are deposited with ALDREES in any of the local banks. Any shareholder of the Company in the event of failing to deposit in the deposit process, can coordinate with any branch of Riyadh Bank or can contact the banks telephone nos. 0114865996 , 0114865993 , 011486957 , 0114865989 or communicate with the shareholders' relations of the company on e-mail : [email protected] , and we would like to draw the attention of non-resident foreign investors that the cash dividends transferred by the financial intermediary are subject to a deduction tax at the rate of 5% in accordance with the provisions of Article (68) of the Taxation Law and Article (63) Implementation .

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