4 / 29
-2-
Public Accountants
AL-WAHA ~
AUDITING OFFICE
6.
ALI OWAID RUKHAEYE! ~
RSM
Albazie
&
CO.
Opinion
In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of
AI Mazaya Holding Company K.S.C. (Holding) and its subsidiaries as of December 31, 2010, and of its financial
performance and its cash flows for the year then ended in accordance with International Financial Reporting
Standards.
Report on other legal and regulatory requirements
Also in our opinion, the consolidated financial statements include the disclosures required by the Commercial
Companies Law and the Parent Company's Articles of Association, and we obtained the information we required
to perform our audit. In addition, proper books of account have been kept, physical stocktaking was carried out in
accordance with recognized practice, and the accounting information given in the Director's Report is in
agreement with the Parent Company's books. According to the information available to us, there were no
contraventions during the year ended December 31,2010 of either the Commercial Companies Law or of the
Parent Company's Articles of Association which might have materially affected the Group's financial position or
results of its operations.
Ali Owaid Rukheyes
Licence No. 72 - A
Member of the International Group
of Accounting Firms
"Shuaib A. Shuaib
Licence No. 33-A
RSM Albazie
&
Co.
State of Kuwait
March
3D,
2011