Retail Subscription for 10% of Alarabia Shares Ends Today

Retail Subscription end today for the one million and five hundred thousand (1,500.000), representing 10% of Arabian Contracting Services Company total offer shares, at a share price of 100 Saudi Riyals determined during the book building process will end today.

The retail subscription period lasted for three days.

GIB Capital, Financial Advisor, Lead Manager, Bookrunner and Underwriter of 30% of Arabian Contracting Services Company shares offered for public subscription earlier announced the successful completion of Alarabia IPO book building process for the participating parties, with a coverage of 126,6 times. As a first stage, participating parties were allocated fifteen million (15,000,000) shares, representing 100% of total offer shares.

For more information and review of the prospectus, please visit the websites of the Saudi Exchange at (www.saudiexchange.sa), Capital Market Authority (www.cma.org.sa), Arabian Contracting Services Company, at www.al-arabia.com, and at GIB Capital at www.gibcapital.com.