SAVOLA COMPLETES THE PROCEDURES OF AL-MUHAIDIB ACQUISITION

With reference to the Savola Group (Savola) announcement on the Saudi Stock Exchange (Tadawul) on 5th November 2013 and 7th November 2013 regarding the results of the Extraordinary General Assembly Meeting (EGM) held on 4th November 2013 with regard to the acquisition transaction and capital increase, Savola would like to announce the completion of the statutory procedures related to the acquisition transaction and the Savola capital increase, where the commercial registration certificate of Savola has been amended to reflect the new Savola capital. The new shares of 33,980,684 have been deposited in the investment portfolio of Al-Muhaidib Holding Company by Tadawul.