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AL MAZAYA HOLDING COMPANY K.S.C. AND ITS SUBSIDIARIES

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL INFORMATION

(UNAUDITED)

For the period from 1 January to 30 June 2011

20.

CAPIT AL COMMITMENTS

(Audited)

30 June

3 I December

30 June

2011

2010

2010

KD

KD

KD

Letters of guarantee

23,478,000

Capital commitments

57,084,288

35,880,362

92,719,039

57,084,288

35,880,362

116,197,039

21.

ISSUANCE OF SHARE CAPITAL

During the period, the Parent Company completed the issuance of shares pertaining to the subscriptions

received in advance during the year 2010.

22.

GENERAL ASSEMBLY

On 9 June 201 l, the Shareholders'

Annual General Assembly approved not to distribute any dividends for the

year ended 31 December 2010.

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