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AL MAlAYA HOLDING COMPANY K.S.C. (HOLDING) AND ITS SUBSIDIARIES

NOTES TO THE INTERIM CONSOLIDATED FINANCIAL INFORMATION (UNAUDITED)

JUNE 30, 2010

(All amounts are in Kuwaiti Dinars)

18.

General Assembly

The shareholders' Annual General Assembly held on May 26, 2010 approved not to distribute any cash

dividends or bonus shares as of General Assembly dated for the year ended December 31, 2009.

The Shareholders' Annual General Assembly held on May 17, 2009 approved the distribution of 10 bonus

shares for every 100 shares held as of the General Assembly date for the year ended December 31, 2008.

19.

Fiduciary accounts

The Group manages projects on behalf of others, and maintains cash balances and notes receivable in

fiduciary accounts, which are not reflected in the interim consolidated financial information. Assets under

management at June 30,2010, amounted to KD 8,244,459 (December 31,2009 - KD 12,060,967 and June

30,2009 - KD 68,920,295).

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