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Kuwait Financial Centre “Markaz” Kuwait Watch Market Commentary The Kuwait Market Price Index closed on a negative note at 5,791 points, a loss of 0.74%. The Weighted Index closed at 398.01, a gain of 0.21%. The KSE 15 Index closed at 969.47, a gain of 0.67%. 34 stocks advanced while 64 declined. The Financial Services Index witnessed highest volume traded at 120.4 Mn and the highest value traded at KD 4.5 Mn. Indices were mixed. Technology Index was the top gainer, up 3.31%. Consumer Services Index was the top loser, down 1.4%. Blue chips were mixed too. NBK was the top gainer, up 1.96%, closing at KD 1.04. CBK was the top loser, down 5.06%, closing at KD 0.75. Kuwait Indices Index M. Cap Last % WTD MTD YTD 11 PE PB Kd Bn Close Change (%) (%) (%) (%) KSE Index 27.76 5,791 -0.74 -1.87 -6.50 -0.40 -16 21 2 Oil & Gas 0.39 479 -0.63 0.29 -0.42 -4.27 15 1 Basic Materials 0.59 472 0.23 -1.06 -6.41 -5.70 11 1 Industrials 2.23 450 -0.16 -1.40 -3.63 -10.00 10 1 Consumer Goods 0.58 458 2.60 2.60 -1.61 -8.42 9 2 Healthcare 0.22 546 -0.73 0.36 -1.80 9.17 25 3 Consumer Servic’s 0.77 458 -1.40 -2.04 -3.12 -8.32 12 2 Telecom 4.23 479 0.73 2.01 3.79 -4.20 14 2 Banking 13.51 484 0.30 0.24 -1.42 -3.14 28 2 Insurance 0.33 458 -0.09 -0.09 -5.70 -8.46 9 1 Real Estate 1.99 487 0.18 -0.77 -1.32 -2.66 32 2 Financial Services 2.82 438 -0.71 -2.37 -7.30 -12.43 7 1 Technology 0.07 515 3.31 1.40 -5.49 2.91 59 1 Volume & Value Index Volume (Mn) % Change Value (Mn) 216.0 0.2 0.9 13.4 0.1 0.0 1.1 7.2 0.0 14.7 0.0 57.5 120.4 0.0 0.4

KSE Index Oil & Gas Index Basic Materials Index Industrials Index Consumer Goods Index Healthcare Index Consumer Services Index Telecommunications Index Utilities Index Banking Index Insurance Index Real Estate Index Financial Services Index Investment Instruments Index Technology Index Most Active Most Active Volume

Volume % Chg Traded in Price (Mn)

AL SAFWA GRP 53.9 MANAZEL HOLDING 24.0 INJAZZAT RE EST 22.0 INVESTORS HLDING 13.9 GULF FIN HOUSE 12.9 NATL RANGES CO 9.1 ITHMAAR BANK 7.5 ALDAR NAT R.E. 5.2 MUNSHAAT REAL ES 5.2 ALMADINA FIN&INV 5.2 Corporate Earnings Watch

-8.3 -7.8 0.0 -5.7 -1.4 0.0 -6.2 -8.9 -3.6 -5.3

-0.74 -0.63 0.23 -0.16 2.60 -0.73 -1.40 0.73 0.00 0.30 -0.09 0.18 -0.71 0.00 3.31

15.3 0.0 0.3 0.8 0.0 0.0 0.2 1.9 0.0 4.5 0.0 3.0 4.5 0.0 0.0 Value Traded % Chg in (Kd Price Mn) 2.0 1.4 1.5 1.4 1.3 0.0 0.9 2.0 0.9 1.2 0.9 -8.3 0.8 -1.8 0.6 -7.8 0.5 -2.9 0.5 -1.4

Most Active Value KWT FIN HOUSE ZAIN INJAZZAT RE EST NATIONAL BANK KT BURGAN BANK AL SAFWA GRP AL SALAM GRP HLD MANAZEL HOLDING NAT IND GROUP GULF FIN HOUSE

Total number Number of Number of of companies Un-changed Advances Declines Indicators listed Kuwait Stock Exchange 205 34 64 107 Oil & Gas Index 7 2 3 2 Basic Materials Index 5 1 1 3 Industrials Index 39 6 10 23 Consumer Goods Index 7 1 1 5 Health Care Index 3 0 1 2 Consumer Services Index 17 3 6 8 Telecom Index 3 1 1 1 Banking Index 12 4 5 3 Insurance Index 9 0 1 8 Real Estate Index 39 8 16 15 Financial Services Index 59 6 19 34 Technology Index 4 2 0 2 Top Gainers Last % Gain Companies MTD (%) YTD (%) Close 1 Day KUWAIT FOUNDRY 0.300 9.09 -11.8 -28.3 AL SAFAT TEC HLD 0.067 6.35 -8.2 15.5 AL-MASSALEH R.E. 0.088 6.02 -8.3 7.3 CITY GROUP 0.570 5.56 20.0 7.5 AQAR REAL EST 0.099 5.32 0.0 10.0 FUTURE COMMS 0.222 4.72 -4.3 -26.0 ARABI HOLDING 0.134 4.69 0.0 45.7 SOOR FUEL MKT 0.224 4.67 4.7 -8.7 AL MAZAYA HLDING 0.070 4.48 -9.1 12.9 KWT HOTELS CO 0.200 4.17 31.6 -28.6 Top Losers Last % Loss Companies MTD (%) YTD (%) Close 1 Day KWT GYPSUM 0.140 -12.50 6.1 9.4 ALDAR NAT R.E. 0.026 -8.93 -1.9 75.9 AL SAFWA GRP 0.017 -8.33 -19.5 13.8 STRATEGIA 0.057 -8.06 -12.3 -16.2 MANAZEL HOLDING 0.024 -7.84 -27.7 46.9 OULA FUEL 0.305 -7.58 5.2 6.8 EKTTITAB HLDG CO 0.063 -7.35 -29.2 43.2 NAT INTL HOLDING 0.034 -6.85 -23.6 -33.3 AAYAN REAL EST 0.072 -6.49 -15.3 30.9 JAZEERA AIRWAYS 0.360 -6.49 -10.0 -13.0 Derivatives Top Five Strike Premium Avg Traded Volume Expiry Options Traded Price(KD) Bid(KD) Ask(KD) Price (KD) (000’s) ACICO(Purch) 27-Dec 0.242 0.026 0.029 0.234 20 ACICO(Purch) 27-Sep 0.242 0.016 0.018 0.234 20 MABANEE(Purch) 27-Sep 1.06 0.09 0.1 1.04 10 CBK(Purch) 27-Dec 0.75 0.084 0.093 0.77 10 CBK(Purch) 27-Sep 0.75 0.059 0.065 0.75 10 Source: Forsa fund, an open ended fund managed by Markaz, is the sole market maker for Options in Kuwait Interest Rate (Deposit Rate) Diff FY11 Diff Period Kuwait rate US Rate (US – KW) (US – KW) 1M 0.35 0.24 -0.11 -0.08 2M 0.50 0.22 -0.28 -0.06 3M 0.65 0.40 -0.25 -0.04 6M 0.85 0.68 -0.17 0.02 Last FOMC Meeting Date: Jun19-20 Next FOMC Meet Date: Jul 31-Aug 1 Blue Chips (Top 10)

Earnings Company Name

25 June, 2012

Market Breadth

Type

Country

Currency

LFY

PFY

% Chg

Companies Kuwait (KWD) ZAIN NATIONAL BANK KT KWT FIN HOUSE GULF BANK NAT IND GROUP COMMERCIAL BANK AGILITY NAT MOBILE TELE AUBK BAHRAIN AL AHLI BANK

M. Cap Pct Last Kd Bn Chg %

3.06 4.40 2.03 1.08 0.27 1.00 0.40 1.12 0.86 0.85

0.720 1.040 0.710 0.415 0.200 0.750 0.375 2.200 0.164 0.570

1.41 1.96 1.43 1.22 -2.91 -5.06 -1.32 -0.90 -2.38 0.00

% M T D 2.86 0.00 -5.33 0.00 -9.09 -1.32 -5.06 6.80 -1.20 0.00

% Y T D -20.00 -7.14 -21.11 -18.63 -23.08 -5.06 0.00 13.40 -12.77 -13.64

11 %

-40.79 -14.44 -16.21 -10.53 -24.64 -14.13 -27.88 2.11 -6.00 -5.71

P P / / E B (TTM) (TTM) 9.66 14.58 25.77 37.55 0.00 0.00 14.42 10.57 9.92 18.46

1.63 1.96 1.60 2.47 0.64 1.94 0.44 1.42 1.22 1.75


Kuwait Stock Statistics

Name Large Caps AHLI UNITED BANK AUBK BAHRAIN AL AHLI BANK BOUBYAN BANK BOUBYAN PETROCH. BURGAN BANK COMMERCIAL BANK GULF BANK KWT FIN HOUSE KWT FOOD CO KWT PROJECTS CO MABANEE CO NAT MOBILE TELE NATIONAL BANK KT P WARE H-AGILITY ZAIN Mid Caps AVIATION LS &FIN COM. FACILITIES COMMERCIAL R.E. E K HOLDING GULF CABLE IND KUWAIT INT BANK KWT CEMENT CO NAT IND GROUP QURAIN PETRO IND UNITED GULF BANK Small Caps AAYAN LEASING AAYAN REAL EST ABYAAR REAL EST ACICO INDUSTRIES ADV TECHNOLOGY AHLEIA INS CO AJIAL REAL EST AL ARGAN INTL AL DEERA HLDG CO AL ENMAA REA EST AL MADAR FIN&INV AL MASAR LEASING AL MAZAYA HLDING AL MOWASAT CO AL MUDON INTL AL NAWADI HOLD AL QURAIN HLDG AL SAFAT ENERGY AL SAFAT INV AL SAFAT TEC HLD AL SAFWA GRP AL SALAM GRP HLD AL TAMDEEN INV ALAHLEIA HLD CO AL-AMAN INV CO ALDAR NAT R.E. ALIMTIAZ INV CO ALKOUT IND PROJ ALMADINA FIN&INV AL-MAL INV CO AL-MASSALEH R.E. ALRAI MEDIA AMWAL INT INV AQAR REAL EST ARAB INS GROUP ARAB REAL EST CO ARABI HOLDING AREF ENERGY HLDG AREF INVEST GRP ARKAN ALKWT R.E. AUTOMATED SYS CO BAH KW INSURANCE BAYAN INVEST CO BOUBYAN INTER BURGAN DRILLING

Market Cap Last Value % Price % Price ( Mn Closing % Traded Volume Change Change Dollars) Price Change (Kd Mn) (Mn) MTD YTD

PE (x)

3,719 3,088 3,026 3,871 1,022 2,345 3,589 3,856 7,260 1,752 1,551 2,226 3,996 15,746 1,421 10,938

0.870 0.164 0.570 0.620 0.590 0.430 0.750 0.415 0.710 1.260 0.325 1.040 2.200 1.040 0.375 0.720

-1.14 -2.38 0.00 0.00 0.00 1.18 -5.06 1.22 1.43 3.28 0.00 1.96 -0.90 1.96 -1.32 1.41

0 0 0 0 0 1 0 0 2 0 0 0 0 1 0 1

0 0 0 0 0 2 0 0 3 0 0 0 0 1 0 2

0.0 -1.2 0.0 3.3 -6.3 2.4 -1.3 0.0 -5.3 -1.6 0.0 7.2 6.8 0.0 -5.1 2.9

15.6 -8.4 -9.3 5.1 5.4 -5.0 -5.1 -14.6 -14.8 -14.9 11.9 33.0 13.4 2.1 0.0 -20.0

28.49 9.92 18.46 NM 11.54 11.28 0.00 37.55 25.77 9.90 13.44 29.49 10.57 14.58 14.42 9.66

4.1 1.2 1.8 4.4 1.0 1.5 1.9 2.5 1.6 1.7 0.7 4.1 1.4 2.0 0.4 1.6

1.7 5.0 2.7 0.0 5.9 2.4 0.0 0.0 2.1 5.3 6.2 1.0 2.3 3.9 7.9 9.2

14-Sep-11 27-Jul-11 25-Mar-12 20-Jun-12 2-Jun-12 29-Jun-11 3-Aug-11 20-Oct-11 27-Jun-11 4-Jul-11 27-Jun-11 24-Jun-12 23-Apr-12 7-Mar-12 5-Mar-12 6-Jul-11

0.952 0.198 0.650 0.630 0.630 0.486 0.920 0.524 0.944 1.580 0.352 1.020 2.480 1.109 0.435 1.040

29-Jun-11 18-Jun-12 9-Jun-12 4-Apr-12 11-Aug-11 21-May-12 20-Mar-12 3-Jun-12 16-Jun-12 23-Jun-12 11-Jan-12 22-Aug-11 28-Nov-11 22-Aug-11 15-Aug-11 18-Jun-12

0.733 0.164 0.540 0.530 0.520 0.405 0.700 0.390 0.680 1.220 0.271 0.700 1.880 0.900 0.246 0.680

0.56 1.06 0.46 0.66 1.34 1.31 0.29 0.79 0.97 1.04 1.44 1.55 0.44 0.85 1.17 1.01

780 537 524 873 855 926 865 953 739 518

0.280 0.280 0.079 0.295 1.140 0.250 0.385 0.200 0.186 0.154

0.00 0.00 -1.25 1.72 0.00 0.00 0.00 -2.91 -1.06 -6.10

0 0 0 0 0 0 0 1 0 0

0 0 2 0 0 1 0 3 0 0

-3.4 3.7 -4.8 1.7 -6.6 -5.7 -4.9 -9.1 -13.1 -18.1

-11.1 7.7 2.6 18.0 -19.7 -2.0 -16.3 -23.1 -13.1 -21.4

5.52 9.36 14.84 7.42 6.12 19.70 16.18 0.00 13.84 86.81

1.4 1.0 0.6 1.2 1.4 1.3 1.6 0.6 0.8 0.9

3.6 7.9 6.3 4.8 6.4 2.0 3.9 0.0 6.4 0.0

27-Oct-11 26-Jul-11 14-Apr-12 4-Jul-11 14-Sep-11 27-Jun-11 4-Jul-11 14-Nov-11 10-Oct-11 26-Jun-11

0.355 0.345 0.097 0.365 1.620 0.320 0.590 0.280 0.228 0.335

9-Jan-12 31-Jan-12 18-Jul-11 14-Jan-12 24-Jun-12 17-Jan-12 24-Jun-12 14-Aug-11 24-Jun-12 12-Jun-12

0.270 0.250 0.069 0.248 1.100 0.234 0.375 0.192 0.186 0.146

1.06 0.49 0.79 1.37 1.19 1.23 1.16 1.98 1.10 0.33

166 109 154 211 450 261 93 163 82 143 67 25 155 82 79 46 23 127 276 90 84 187 183 38 45 42 336 131 69 71 70 97 41 79 91 57 62 354 197 70 72 105 46 66 139

0.071 0.072 0.039 0.234 0.840 0.385 0.138 0.174 0.029 0.090 0.051 0.043 0.070 0.238 0.220 0.099 0.022 0.059 0.100 0.067 0.017 0.214 0.164 0.013 0.026 0.026 0.079 0.415 0.045 0.036 0.088 0.110 0.064 0.099 0.110 0.030 0.134 0.130 0.052 0.090 0.500 0.325 0.034 0.057 0.180

0.00 -6.49 -1.28 -1.68 0.00 0.00 0.00 1.16 -6.45 1.12 0.00 0.00 4.48 0.00 0.00 -1.00 0.00 0.00 0.00 6.35 -8.33 -1.83 0.00 0.00 0.00 -8.93 -4.82 0.00 -5.26 -4.00 6.02 -5.17 0.00 5.32 0.00 -4.76 4.69 -1.52 0.00 2.27 0.00 0.00 3.03 0.00 -3.23

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 2 2 0 0 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0 54 4 0 0 0 5 1 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0.0 -15.3 -15.4 -1.7 0.0 -1.3 -14.8 -8.4 -22.7 -3.2 0.0 0.0 -9.1 0.0 0.0 -2.9 0.0 -20.3 0.0 -8.2 -19.5 -11.6 -5.7 0.0 -23.5 -1.9 -25.5 0.0 -26.2 -22.6 -8.3 -6.8 0.0 0.0 -11.3 -18.9 0.0 1.6 0.0 -2.2 -3.8 0.0 -8.1 -12.3 -5.3

0.0 30.9 45.8 9.7 31.3 -22.3 6.2 20.8 5.5 -6.3 -41.8 0.0 12.9 83.1 0.0 13.0 15.8 31.1 33.3 15.5 13.8 105.8 5.1 4.0 -8.8 75.9 -40.2 25.8 18.4 -29.4 7.3 -11.3 0.0 10.0 -16.7 -1.6 45.7 22.6 0.0 23.3 117.4 10.0 7.9 -35.2 -15.1

0.00 0.00 NM 22.37 34.65 9.37 0.00 7.00 0.00 32.96 0.00 0.00 0.00 10.29 0.00 7.86 0.00 0.00 0.00 0.00 0.00 11.64 12.83 0.00 0.00 NM 4.12 9.37 0.00 0.00 4.30 14.83 0.00 0.00 0.00 0.00 9.30 22.11 0.00 23.85 5.35 10.09 0.00 0.00 26.92

0.0 0.4 0.4 0.8 3.6 0.9 0.2 0.7 0.4 0.7 0.9 0.5 0.5 1.3 1.4 0.8 0.3 0.7 1.3 0.7 1.2 1.7 0.6 0.5 0.6 0.8 0.4 1.8 0.3 0.4 0.4 1.0 0.6 1.0 0.4 0.2 0.8 1.6 0.4 0.8 1.7 1.4 0.4 0.4 0.7

0.0 0.0 0.0 2.1 1.8 6.5 0.0 5.8 0.0 0.0 0.0 0.0 0.0 4.2 0.0 7.0 0.0 0.0 0.0 0.0 0.0 2.3 4.3 0.0 0.0 0.0 12.0 8.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 5.7 5.0 0.0 0.0 0.0 0.0

NA 21-May-12 5-Mar-12 4-Jul-11 28-May-12 24-Mar-12 2-Jun-12 2-Jun-12 24-Mar-12 1-Nov-11 NA NA 20-Mar-12 27-May-12 10-Jul-11 23-May-12 15-May-11 7-May-12 20-Mar-12 8-May-12 8-May-12 8-May-12 25-Apr-12 28-Feb-12 5-May-12 8-May-12 5-Jul-11 4-Apr-12 15-Feb-12 28-Jun-11 8-May-12 18-Jan-12 9-Mar-11 8-May-12 22-May-12 29-Feb-12 16-May-12 23-Jun-12 13-Feb-11 16-Jun-12 5-Jun-12 NA 5-Mar-12 26-Jul-11 29-Jun-11

0.000 0.095 0.053 0.286 0.950 0.514 0.164 0.190 0.049 0.116 0.000 0.000 0.093 0.238 0.240 0.110 0.040 0.087 0.110 0.081 0.026 0.285 0.204 0.019 0.044 0.044 0.194 0.415 0.102 0.079 0.134 0.164 0.074 0.102 0.134 0.053 0.166 0.134 0.070 0.108 0.530 0.000 0.045 0.112 0.415

NA 28-Jan-12 5-Feb-12 18-Jan-12 8-Sep-11 5-Jun-12 18-Aug-11 18-Dec-11 11-Aug-11 18-Jun-12 NA NA 24-Aug-11 14-Nov-11 28-Dec-11 5-Dec-11 22-Nov-11 11-Aug-11 28-Apr-11 19-Jul-11 23-Aug-11 28-Aug-11 29-Sep-11 18-Jul-11 14-Jan-12 15-Aug-11 24-Jun-12 24-Mar-12 14-Aug-11 18-Jun-12 20-Jul-11 29-Aug-11 28-Mar-11 9-Apr-12 19-Jun-12 17-Jan-12 25-Feb-12 12-Oct-11 31-Mar-11 10-Aug-11 15-Sep-11 NA 29-Aug-11 23-Jun-12 19-Jun-12

0.000 0.052 0.022 0.181 0.590 0.380 0.097 0.106 0.019 0.087 0.000 0.000 0.051 0.130 0.220 0.067 0.019 0.032 0.055 0.048 0.013 0.029 0.146 0.011 0.022 0.013 0.083 0.340 0.028 0.037 0.064 0.063 0.064 0.073 0.102 0.027 0.084 0.085 0.049 0.051 0.204 0.000 0.026 0.053 0.158

1.70 0.88 2.34 1.24 -1.06 0.34 0.75 1.38 0.33 0.71 1.34 0.00 1.50 0.22 0.00 0.00 1.86 1.74 2.65 2.19 2.35 2.19 1.33 1.24 1.18 1.93 0.00 0.00 2.01 2.33 1.29 0.00 0.00 0.22 0.19 2.08 1.45 1.99 1.53 0.52 1.89 0.00 1.61 0.00 0.64

Dividend 52 Week 52 Week 52 Week 52 Week PB (x) yield (%) High Date High Price Low Date Low Price Beta


Kuwait Stock Statistics

Name Small Caps CITY GROUP COAST INV & DEV COMBINED GROUP CONSUMER INDUST CREDIT RATING DANAH ALSAFAT EDU HLDING GROUP EKTTITAB HLDG CO EQUIPMENT HLDING EYAS EDUCATION FIRST DUBAI R.E FIRST INVESTMENT FIRST TAKAFUL FUJAIRAH CEMENT FUTURE COMMS FUTUREKID GLF FRANCHISING GLOBAL INVEST GRAND REAL EST GULF CEMENT GULF FIN HOUSE GULF GLASS CO GULF INS CO GULF INV HOUSE GULF NOR AFR HLD GULF PETROL INV HAYAT COMMS HEAVY ENG & SHIP HILAL CEMENT CO HITS TELECOM HLD HOUSING FIN CO HUMAN SOFT HLDNG IFA HTLS&RESORTS IKARUS PETRO IND INDEPEN. PETROL INDUST INVEST CO INJAZZAT RE EST INOVEST BSC INT FIN ADVISORS INTL FINANCE CO INTL RESORTS INVESTORS HLDING ITHMAAR BANK JAZEERA AIRWAYS JEERAN HLDING CO KGL LOGISTICS CO KIPCO ASSET MGMT KME FINANC. INV. KOUT FOOD GRP KT AND GULF LINK KUWAIT CHINA INV KUWAIT FOUNDRY KUWAIT INS CO KW BAH INTL EXCH KW CO PROC PLANT KW SLAUGHTER HSE KWT BLD MAT MFG KWT BUS TOWN KWT CABLE VISION KWT COM. COMPLEX KWT FIN & INV KWT GYPSUM KWT HOTELS CO KWT INVEST CO KWT NAT CINEMA KWT PACKING MAT KWT PIPES IND KWT R.E.HOLDING KWT REAL EST KWT REINSURANCE KWT RESORTS KWT SYRIAN HLDG LIVESTOCK T.T CO

Market Cap (Mn Dollars) 218 92 440 33 26 86 88 56 72 94 139 293 30 87 61 46 10 227 23 291 285 82 334 39 20 40 38 105 57 178 41 102 486 488 174 40 75 64 93 238 22 67 379 333 43 232 222 49 159 84 177 144 194 38 77 28 24 49 5 51 32 17 40 193 321 45 87 39 155 87 30 31 142

Last Value % Price % Price Closing % Traded Volume Change Change Price Change (Kd Mn) (Mn) MTD YTD 0.570 0.041 1.200 0.102 0.042 0.080 0.102 0.063 0.148 0.240 0.037 0.130 0.084 0.073 0.222 0.106 0.025 0.049 0.018 0.086 0.035 0.570 0.500 0.024 0.036 0.050 0.116 0.180 0.218 0.069 0.039 0.248 0.300 0.184 0.325 0.025 0.061 0.045 0.036 0.083 0.038 0.017 0.031 0.360 0.084 0.214 0.234 0.053 0.560 0.090 0.061 0.300 0.275 0.238 0.320 0.250 0.214 0.018 0.047 0.052 0.026 0.140 0.200 0.098 0.920 0.300 0.108 0.081 0.047 0.182 0.048 0.027 0.184

5.56 -1.22 3.45 0.00 0.00 -3.61 0.00 -7.35 0.00 0.00 -6.41 3.17 0.00 -3.95 4.72 -3.64 0.00 0.00 0.00 -3.37 -1.41 0.00 0.00 -2.04 -2.70 3.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.56 0.00 0.00 -2.17 0.00 0.00 -3.85 -5.71 -6.15 -6.49 0.00 0.00 -0.85 1.92 0.00 1.12 -1.61 9.09 0.00 0.00 -1.54 0.00 0.00 0.00 0.00 0.00 0.00 -12.50 4.17 0.00 3.37 0.00 0.00 0.00 -2.08 0.00 0.00 0.00 0.00

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 3 0 0 0 0 0 3 0 0 0 1 0 0 0 0 0 0 0 0 13 0 0 2 0 0 0 0 0 5 0 0 0 0 0 0 22 0 1 0 0 14 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 0 0 0 0

20.0 -15.6 -9.1 6.3 -40.7 -9.1 -5.6 -29.2 -12.9 0.0 -6.4 -9.7 -13.4 -19.8 -4.3 8.2 -9.3 0.0 0.0 -9.5 -21.3 -18.6 1.0 -26.2 -24.2 -19.4 -3.3 -14.3 0.0 -8.0 0.0 -0.8 -14.3 0.0 6.6 0.0 -6.2 -16.7 -15.3 -15.3 -29.2 -13.2 -31.5 -10.0 0.0 -22.2 -1.7 -8.6 3.7 -16.7 -7.6 -11.8 0.0 2.6 -4.5 4.2 0.0 0.0 -3.1 0.0 0.0 6.1 31.6 -2.0 2.2 17.6 -3.6 134.8 -11.3 0.0 -10.4 -14.5 0.0

7.5 -25.0 -16.5 9.7 -70.4 -16.7 -7.3 43.2 179.2 -7.7 43.1 16.1 -37.3 55.3 -26.0 -7.0 32.4 0.0 0.0 38.7 -13.6 -53.3 -6.2 9.1 -22.6 61.3 43.2 -47.1 0.9 27.8 6.9 -11.4 -36.8 8.2 -5.8 -30.6 -19.7 13.9 -10.0 -18.6 -1.3 32.0 60.5 -13.0 -1.2 -1.9 18.4 6.0 7.7 -11.8 10.9 -28.3 -15.4 -6.7 10.2 -3.8 -5.3 -38.6 -30.9 0.0 -37.8 9.4 -28.6 -7.5 -7.1 0.0 -16.9 -3.8 -2.1 -5.4 2.2 -3.6 -17.1

PE (x) 0.00 3.53 11.66 0.00 0.00 0.00 31.55 9.87 0.00 8.57 0.00 19.00 0.00 0.00 23.48 14.10 0.00 0.00 0.00 0.00 0.00 8.85 12.71 0.00 0.00 12.26 NM 8.92 14.77 NM 0.00 9.68 0.00 12.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.68 16.09 6.73 0.00 0.00 11.36 0.00 0.00 0.00 12.20 14.16 8.71 13.38 23.27 0.00 0.00 0.00 0.00 20.15 0.00 25.52 16.22 5.82 0.00 0.00 NM 0.00 32.27 0.00 0.00

Dividend 52 Week 52 Week 52 Week 52 Week PB (x) yield (%) High Date High Price Low Date Low Price Beta 2.8 0.5 2.9 1.3 0.4 0.6 0.8 0.6 1.3 1.2 0.8 0.9 1.0 0.0 1.1 0.6 0.8 6.3 1.7 0.9 1.1 1.7 1.3 0.6 0.4 0.5 1.1 0.9 1.0 0.5 0.8 1.3 2.8 0.8 0.7 0.4 0.4 0.0 0.2 0.6 0.5 0.6 0.6 3.4 0.5 1.2 0.8 0.6 1.5 0.4 0.6 0.8 1.1 1.7 1.2 2.2 1.4 0.2 1.0 0.3 0.0 1.1 2.0 0.5 1.9 1.1 1.2 0.7 0.4 0.7 0.5 0.3 0.9

0.0 0.0 6.0 0.0 0.0 0.0 0.0 0.0 0.0 8.3 0.0 0.0 0.0 0.0 5.9 4.5 0.0 0.0 0.0 0.0 0.0 7.0 4.0 0.0 0.0 0.0 0.0 5.6 6.6 0.0 0.0 0.0 0.0 4.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 9.3 12.7 0.0 4.9 0.0 0.0 6.6 7.1 4.8 3.1 7.2 2.2 0.0 0.0 0.0 0.0 4.4 0.0 0.0 4.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

23-Nov-11 18-Sep-11 31-Jul-11 23-Jun-12 12-Sep-11 6-Mar-12 27-May-12 14-Feb-12 2-May-12 14-Jan-12 7-May-12 25-Apr-12 29-Dec-11 5-Mar-12 24-Jul-11 29-Dec-11 9-May-12 2-May-11 15-Feb-11 15-Feb-12 21-Feb-12 28-Jan-12 29-Feb-12 2-May-12 24-Mar-12 9-Apr-12 2-May-12 10-Aug-11 16-Jun-12 15-Feb-12 14-Mar-11 29-Dec-11 8-Dec-11 19-Mar-12 11-Jul-11 30-Nov-11 11-Jul-11 28-Apr-12 21-Feb-12 19-Jun-11 21-Apr-12 6-May-12 8-May-12 25-Mar-12 13-Nov-11 9-Apr-12 6-May-12 2-Apr-12 16-Jun-12 27-Jun-11 20-May-12 29-Jun-11 14-Dec-11 8-Apr-12 28-May-12 15-Nov-11 24-Apr-11 25-Apr-11 8-Jun-11 24-Apr-11 16-Feb-11 12-Jun-12 13-Oct-11 13-Oct-11 25-Aug-11 13-Jul-11 6-Jul-11 16-May-12 7-Mar-12 NA 27-Mar-12 28-Jun-11 10-May-11

0.630 0.091 1.636 0.102 0.160 0.116 0.130 0.136 0.198 0.260 0.046 0.164 0.134 0.130 0.325 0.114 0.037 0.057 0.020 0.112 0.077 1.500 0.581 0.039 0.062 0.079 0.128 0.380 0.228 0.136 0.078 0.290 0.510 0.214 0.470 0.049 0.102 0.077 0.069 0.132 0.069 0.026 0.073 0.441 0.114 0.282 0.285 0.102 0.610 0.142 0.073 0.536 0.325 0.310 0.375 0.260 0.236 0.039 0.073 0.110 0.046 0.200 0.290 0.124 1.520 0.350 0.188 0.041 0.063 0.000 0.062 0.038 0.300

13-Jun-12 16-Jun-12 24-Jun-12 20-Nov-11 18-Jun-12 21-Aug-11 21-Jul-11 8-Jan-12 13-Nov-11 18-Jun-12 22-Aug-11 14-Aug-11 18-Jul-11 3-Jan-12 20-Jun-12 11-Mar-12 4-Dec-11 14-Aug-11 31-Mar-11 15-Jan-12 11-Aug-11 9-Jun-12 29-Dec-11 10-Jan-12 24-Jun-12 18-Jul-11 13-Feb-12 24-Jun-12 16-Jun-12 23-Aug-11 14-Sep-11 16-Jun-12 13-Jun-12 26-Jun-11 24-Nov-11 6-Feb-12 24-Jun-12 18-Feb-12 11-Aug-11 16-Jun-12 21-Aug-11 24-Aug-11 23-Jan-12 29-Jun-11 18-Oct-11 11-Feb-12 3-Nov-11 20-Jun-12 23-Aug-11 24-Jun-12 16-Aug-11 24-Jun-12 4-Sep-11 4-Jun-12 29-Aug-11 30-May-12 8-Feb-12 31-Mar-12 2-Jun-12 21-Jan-12 20-Feb-11 28-May-12 30-May-12 9-Aug-11 9-Jun-12 3-Mar-12 16-Jun-12 29-Sep-11 21-Aug-11 NA 11-Aug-11 12-Jun-12 27-Mar-12

0.430 0.041 1.160 0.083 0.039 0.061 0.095 0.038 0.048 0.240 0.020 0.092 0.065 0.046 0.192 0.098 0.015 0.018 0.013 0.053 0.030 0.510 0.476 0.020 0.037 0.027 0.069 0.180 0.178 0.041 0.028 0.230 0.248 0.146 0.285 0.021 0.059 0.036 0.028 0.083 0.025 0.011 0.018 0.176 0.072 0.198 0.186 0.048 0.345 0.086 0.048 0.275 0.265 0.214 0.238 0.236 0.226 0.018 0.049 0.040 0.039 0.086 0.162 0.096 0.800 0.275 0.102 0.028 0.044 0.000 0.034 0.022 0.172

-0.23 2.05 1.19 1.11 0.00 1.86 0.94 1.80 1.98 0.00 2.11 0.65 1.02 0.58 -0.18 0.01 1.05 2.61 2.04 0.77 1.89 0.65 0.22 0.50 1.71 1.42 0.85 0.47 0.29 1.30 0.54 0.25 0.70 1.25 0.23 0.93 0.83 1.19 2.23 0.27 2.08 2.08 1.66 0.93 1.31 2.42 0.33 0.30 0.73 1.70 1.67 0.50 0.20 0.64 0.94 0.00 1.42 -0.00 0.93 1.17 0.65 0.00 0.57 1.24 -0.11 0.00 1.95 1.19 1.56 0.00 0.85 1.01 0.67


Kuwait Stock Statistics

Name Small Caps MANAFAE INVEST MANAZEL HOLDING MARINE SRVC IND MARKAZ MASHAER HOLDING Mena Hold MENA REAL ESTATE METAL &RECYCLING MUBARRAD TRANS MUNSHAAT REAL ES MUSHRIF TRD&CONT NAFAIS HLDING CO NAT CLEANING NAT INTL HOLDING NAT SLAUGHTER HS NATIONAL INV CO NATL IND CO NATL PETRO SVC NATL RANGES CO NATL REAL EST NOOR FIN INV OSOUL INVST CO OULA FUEL PALMS AGRO PROD PEARL REAL EST PORTLAND CEMENT PRIVATIZATION RAS AL KH CEMENT REAL EST ASSET REAL EST TRADE REFRIG IND CO REMAL REAL EST SAFWAN TRD &CONT SALBOOKH TRADING SALHIAH REAL EST SANAM REAL EST SECURITIES GROUP SECURITIES HOUSE SHARJAH CEMENT SHUAIBA IND CO SOKOUK HLDING SOOR FUEL MKT STRATEGIA SULTAN CNTR FOOD TAIBA KWTI HLD TAMDEEN REAL EST TAMEER R.E. INV THE INT INVESTOR THEMAR TIJARA& REAL EST UMM ALQAIWAIN UNION REAL EST UNITED INDUST. UNITED POULTRY UNITED PROJ CO UNITED REAL EST UTD FOODSTUFF WARBA INS CO WETHAQ TAKAFUL YIACO MEDICAL CO ZIMA HOLDING CO

Market Cap Last Value % Price % Price ( Mn Closing % Traded Volume Change Change Dollars) Price Change (Kd Mn) (Mn) MTD YTD 42 65 119 201 156 77 26 39 38 32 59 159 82 28 13 319 328 67 66 343 78 43 408 19 12 279 182 196 37 16 50 298 107 24 467 27 106 324 108 42 80 252 33 207 67 301 35 44 307 53 82 65 156 52 122 450 29 67 17 262 35

0.058 0.024 0.156 0.108 0.240 0.033 0.036 0.122 0.047 0.027 0.081 0.102 0.108 0.034 0.130 0.102 0.265 0.325 0.019 0.116 0.029 0.060 0.305 0.096 0.033 0.850 0.067 0.102 0.095 0.037 0.156 0.335 0.600 0.034 0.260 0.056 0.114 0.130 0.074 0.188 0.023 0.224 0.057 0.100 0.097 0.216 0.041 0.025 0.085 0.037 0.058 0.085 0.088 0.126 0.415 0.104 0.234 0.100 0.042 0.435 0.106

0.00 -7.84 -2.50 1.89 -1.64 0.00 -1.37 0.00 -5.10 -3.64 -2.41 0.00 1.89 -6.85 0.00 0.00 0.00 0.00 0.00 -1.69 0.00 0.00 -7.58 0.00 -2.94 -1.16 -2.90 -1.92 0.00 -6.41 0.00 1.52 0.00 1.52 0.00 0.00 0.00 0.00 2.78 0.00 0.00 4.67 -8.06 0.00 0.00 0.00 0.00 0.00 0.00 -3.90 0.00 0.00 0.00 0.00 0.00 -1.89 0.00 0.00 -5.68 -2.25 0.00

0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 24 0 0 0 0 0 0 1 5 0 0 1 0 0 1 0 0 9 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0

7.4 -27.7 23.8 -5.3 -9.4 0.0 -12.2 1.7 -25.0 -19.7 -9.0 -1.9 -12.9 -23.6 -11.0 -15.0 8.6 -7.1 -11.9 -7.9 0.0 -11.8 5.2 -5.9 3.1 -1.2 -10.7 -10.5 -26.9 -27.0 -3.7 -5.6 0.0 4.7 -1.9 -6.7 -6.6 0.0 -9.8 1.1 0.0 4.7 -12.3 -2.0 -6.7 -3.6 -4.7 0.0 0.0 -2.6 -10.8 -11.5 2.3 0.0 16.9 -1.9 0.0 -23.1 -53.4 -5.4 8.2

-3.3 46.9 -29.7 -6.9 31.9 0.0 14.3 5.2 -19.8 8.2 -20.6 2.0 3.1 -33.3 -15.6 -40.7 -5.4 0.4 32.1 -9.4 0.0 -11.8 6.8 11.6 -12.0 19.7 1.5 -17.7 -29.1 -39.2 -1.3 42.7 9.1 -29.5 25.0 -24.3 -50.4 0.0 68.2 4.4 32.4 -8.7 -16.2 -16.7 -14.9 -6.1 -30.5 0.0 -6.6 19.4 34.9 -21.3 -13.7 0.0 38.3 4.0 -31.2 -15.3 2.5 13.0 -3.6

PE (x) 0.00 0.00 22.32 15.84 9.33 0.00 0.00 0.00 0.00 0.00 8.20 0.00 7.69 52.14 6.86 0.00 18.16 8.93 0.00 0.00 0.00 18.93 28.30 9.94 0.00 14.30 28.99 12.09 23.92 0.00 0.00 12.26 13.75 0.00 15.91 0.00 0.00 0.00 0.00 10.44 0.00 15.72 78.48 0.00 7.55 19.40 0.00 0.00 NM 0.00 13.14 11.76 23.47 5.64 8.28 5.05 30.35 10.88 19.91 13.58 0.00

Dividend 52 Week 52 Week 52 Week 52 Week PB (x) yield (%) High Date High Price Low Date Low Price Beta 0.5 0.5 0.8 0.6 1.0 0.1 0.4 0.6 0.4 0.3 0.6 0.9 0.7 0.2 1.0 0.5 1.1 1.4 0.6 0.6 0.5 0.6 2.6 0.6 0.7 1.2 0.5 1.0 0.7 0.2 0.9 1.9 2.7 0.7 1.0 0.7 0.6 0.0 0.3 0.8 0.4 1.6 0.7 1.5 1.0 0.9 0.4 1.1 0.9 0.4 0.6 0.6 0.4 1.0 1.1 0.6 1.6 0.4 0.4 2.3 0.0

0.0 0.0 0.0 0.0 5.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 4.7 0.0 0.0 0.0 3.8 7.7 0.0 0.0 0.0 0.0 0.0 9.8 0.0 7.6 7.2 9.1 5.0 0.0 0.0 0.0 4.5 0.0 5.9 0.0 0.0 0.0 4.7 5.0 0.0 0.0 0.0 0.0 0.0 3.5 0.0 0.0 4.7 0.0 9.1 7.8 0.0 4.0 7.2 4.7 2.0 4.6 0.0 3.4 0.0

1-Dec-11 8-May-12 24-Aug-11 16-Oct-11 18-Apr-12 10-Feb-11 29-May-12 16-May-12 27-Jun-11 5-Jul-11 7-Sep-11 2-Oct-11 21-Apr-12 19-May-12 2-Jun-12 10-Jul-11 14-Mar-12 16-May-12 8-May-12 13-Nov-11 10-Feb-11 27-May-12 23-Jun-12 27-May-12 27-Jun-11 26-Jul-11 18-Mar-12 29-Apr-12 23-Nov-11 20-Jul-11 30-Oct-11 22-Jan-12 11-Sep-11 27-Jun-11 12-Jun-12 27-Dec-11 27-Sep-11 NA 21-Feb-12 23-Apr-12 22-Feb-12 31-May-11 19-Mar-12 3-Nov-11 9-Oct-11 6-Jul-11 18-Apr-12 NA 27-Dec-11 13-Mar-12 11-Mar-12 13-Feb-12 6-Jul-11 20-May-12 6-Jun-12 18-Mar-12 13-Mar-12 28-Jan-12 29-May-12 5-Sep-11 4-May-11

0.073 0.044 0.230 0.138 0.305 0.108 0.043 0.144 0.082 0.045 0.136 0.220 0.164 0.072 0.285 0.236 0.325 0.385 0.026 0.172 0.041 0.077 0.370 0.140 0.069 1.220 0.085 0.128 0.134 0.140 0.224 0.422 0.900 0.064 0.275 0.078 0.230 0.000 0.097 0.216 0.036 0.278 0.089 0.140 0.116 0.270 0.070 0.000 0.095 0.047 0.074 0.122 0.138 0.146 0.430 0.120 0.415 0.148 0.095 0.490 0.138

9-Apr-12 14-Jan-12 4-Jun-12 15-Aug-11 21-Aug-11 31-Mar-11 20-Nov-11 19-Feb-12 24-Jun-12 24-Jan-12 13-Feb-12 9-Apr-12 22-Aug-11 17-Aug-11 13-Jun-12 24-Jun-12 13-Jun-12 13-Jul-11 15-Aug-11 22-Aug-11 7-Mar-11 16-Aug-11 13-May-12 28-Dec-11 13-Jun-12 22-Jan-12 19-Jul-11 24-Jun-12 23-Jun-12 24-Jun-12 14-Apr-12 14-Dec-11 7-Jan-12 28-May-12 8-Jan-12 1-Nov-11 4-Jun-12 NA 17-Nov-11 26-Oct-11 4-Jan-12 14-May-12 29-Feb-12 23-Aug-11 2-Jun-12 5-Oct-11 24-Jun-12 NA 14-Nov-11 2-Oct-11 21-Aug-11 16-Jun-12 15-Apr-12 30-May-12 28-Jan-12 9-Aug-11 24-Jun-12 8-Jan-12 23-Jun-12 7-Jan-12 2-Apr-12

0.049 0.015 0.114 0.091 0.154 0.033 0.029 0.102 0.049 0.022 0.079 0.084 0.096 0.028 0.126 0.102 0.244 0.286 0.011 0.056 0.026 0.050 0.242 0.081 0.026 0.640 0.048 0.104 0.100 0.036 0.122 0.200 0.510 0.031 0.200 0.049 0.102 0.000 0.043 0.162 0.015 0.198 0.058 0.093 0.104 0.212 0.039 0.000 0.079 0.030 0.040 0.089 0.079 0.116 0.265 0.074 0.232 0.100 0.040 0.345 0.094

1.19 2.60 0.45 1.69 1.79 2.41 1.45 1.74 1.69 2.12 0.45 0.33 1.44 0.27 0.00 1.28 0.93 0.23 1.59 1.56 1.94 1.14 0.27 1.50 0.83 1.38 1.62 0.92 0.00 0.00 0.88 0.00 0.50 0.98 1.10 0.99 0.63 1.07 1.15 0.53 1.67 0.49 2.01 1.18 1.39 0.60 0.95 1.59 0.50 0.63 1.51 -0.03 1.51 0.08 0.43 1.14 0.19 0.52 1.09 0.63 0.00

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