Source : Press Release

• DFM welcomes 62nd public joint stock company listing
• Trading symbol ‘KFIC’ allotted
• Classified within Investment and Financial Services sector

Dubai, August 3, 2008: Dubai, August 3, 2008: Dubai Financial Market (DFM) today announced the listing of Kuwait Finance & Investment Company (KFIC), incorporated in Kuwait. Company shares began trading on Thursday, August 3, 2008, under the trading symbol “KFIC,” which will appear on DFM screens, trading systems and publications.

ٍMs. Sana Juma, CEO of Kuwait Finance & Investment Company; and Mr. Nasser Al Shaali, Board Member of Dubai Financial Market, attended the listing ceremony along with senior members of DFM and Kuwait Finance & Investment Company.

The listing of ordinary shares of Kuwait Finance & Investment Company was finalised and approved by DFM in collaboration with the Emirates Securities and Commodities Authority (ESCA).

Dual listing the company’s shares on the Kuwait Stock Exchange and DFM will give UAE investors greater access to Kuwait Finance & Investment Company’s shares and enhance their ability to trade them.

The company’s authorised capital and paid-up capital is KWD 41,930,970. The company has issued 419,309,704 shares, with each share valued at a par value of Kuwait 100 fils.

“As a leading regional bourse with a proven track record of successful cross-listings, DFM offers an ideal platform for KFIC to introduce its investors to the active equity markets of the UAE and provide them more avenues to maximize trading opportunities,” Mrs. Juma said. “Dubai and the UAE is home to a sophisticated investor community that values companies with strong fundamentals and a pro-active approach to capital raising activities. The addition of KFIC will surely be welcomed by the investor community in Dubai, while enabling KFIC to tap into liquidity in the region.”

Mr. Essa Kazim, Chairman of DFM, said: “This cross-listing signals a further strengthening of ties between two important bourses in the Gulf, and the economies of the UAE and Kuwait. As the regional bourse of choice among leading companies looking to expand their trading options, DFM continues to offer the best access to the vast investor community of Dubai and the UAE.

“Since the launch of DFM’s initiative to encourage cross-listings, an increasing number of companies have expressed their interest to avail of this opportunity to be a part of the phenomenal economic landscape of the Emirates, which is well reflected in the performance of the DFM. We look forward to more such valuable listings from Gulf’s leading companies.”