Taiba Holding invites shareholders to attend the 24th Ordinary General Meeting – Second Time (Reminder)

Due to the absence of a quorum for the 24th ordinary general meeting of shareholders of Taiba, which was scheduled to be held on 04/04/2011 corresponding to 04/04/2011 in Madinah, the Board of Directors of Taibah Holding is pleased to invite shareholders to attend the 24th Ordinary General Meeting to be held At the fifth hour of the afternoon of Tuesday, 15/05/1432 H corresponding to 19/04/2011 at the headquarters of Taibah Holding in Madinah – the intersection of King Abdullah Road (the second ring) with the new road of Sayed Shuhadaa to consider the following: Approve the report of the 21st Board of Directors. Ratification of the balance sheet, profit and loss account and auditor’s report as at 31/12/2010. Release of directors from their management during the financial period ended 31/12/2010. Approval of the distribution of the periodic profits for the first quarter of 2010 equivalent to 3% of the capital by RO 45 million from the balance of retained earnings and profits achieved as at 31/12/2010 and approval of the Board of Directors’ (10) million riyals per share shall be paid within one month from the date of the general meeting of the shareholders of Taibah Holding registered with the Tadawul Records as at the end of the trading day of the Assembly to become the total amount of the profits Distributed and those proposed for distribution for the fiscal year 2010 amounted to SR (150) million At a rate of (1) riyals per share and 10% of the capital. Approval of the selection of the auditor from among the candidates by the Audit Committee to review the financial statements for the fiscal year 2011 and the quarterly financial statements and determine the fees. The shareholder may, by virtue of the power of attorney, prepare for the appointment of other shareholders to attend the said meeting provided that the agent is not a member of the Board of Directors or a member of the Board of Directors of Taiba. The power of attorney is also required to be in writing and certified. From one of the chambers of commerce or industry, or one of the local banks to which the shareholder is an accountant or the employer. In case of being a civil authority, the signature of the official should be authenticated by one of the Chambers of Commerce and Industry and accompanied by a copy of proof of ownership of the shares. Counting the meeting at least three days, knowing that each shareholder or his representative to bring proof of the official character and proof of ownership of its shares and the audience before the date of the meeting at least one hour to be completed registration procedures with the briefing that the meeting mentioned take place whatever the number of shares represented therein.