Kuwait City, 25 July 2011: The Investment Dar K.S.C.C .is pleased to announce that, in line with
the Company’s voluntary governance structure for the implementation of its restructuring plan,
an Investors’ Coordination and Liaison Committee (“the Committee”) representing its banks and
investors has now been finalized.
The Committee will liaise with the Company at regular face-to-face meetings, establish regular
reporting processes and will appoint a qualified individual to be the first contact point for all TID
banks and investors to disseminate information. The members of this Committee include, Al-Rajhi
Banking & Investment Corporation, Bank of Bahrain & Kuwait, and Arab Banking Corporation.
Abdullah Al Humaidhi, CEO of the Investment Dar commented, “We would like to express our
sincerest gratitude to the previous Coordinating Committee whose hard work and commitment
was instrumental in assisting the Company to navigate the restructuring process. The establishment
of the Investors’ Coordination and Liaison Committee is in line with TID’s commitment to ensure
compliance with international best practice, maximizing visibility and transparency for its banks
and investors. We are grateful to the Banks who have volunteered to become members of the new
Committee and look forward to working with them as we seek the expedite the implementation of
the restructuring plan.”