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Prince Alwaleed Chairs Kingdom Holding Investment Committee Meeting to Discuss Company’s Future Investment Plans

January 2, 2012

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), held an investment committee meeting, at the Company’s headquarter in Riyadh. The meeting was attended by the investments committee members that are comprised of Eng. Talal Al Maiman, Executive Director for Development and Domestic Investments, Eng. Ahmed Halawani, Executive Director for Private Equity, International Investments, Mr. Sarmad Zok, Executive Director of Hotel Investments and Mr. Shadi Sanbar, KHC’s CFO.

The meeting was held to outline and to fortify KHC’s diversified investment strategy, long term vision for growth and development, and for future prospective investment opportunities.

Prince Alwaleed commented: “Kingdom Holding enters the year 2012 with strength and will continue to distribute dividends.”

Founded in 1980, KHC is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in 2007. KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player in the Arabian Gulf region, and internationally. KHC’s portfolio has its main interest in landmark hotel properties and hotel management companies, real estate development in Jeddah and Riyadh, financial services, technology and media.