Stock Market Highlights. MARKET WATCH Market Performance

Transcription

1 MARKET WATCH Market Performance The Amman Stock Exchange General Index started off the week positively, rising by 1.14% compared to last week as the market entered the dividend distribution phase. However, this was not to last, as investors, watchful of the restructuring of capital by many companies, and awaiting the first quarter of 2008 financial results, preferred to realise profits, exerting downward pressure on a number of blue-chip stocks. Wednesday saw the market pick up again, with a diversion of investor trading towards the relatively smaller stock, with Union Land Development and Union Investment Corporation positioning themselves in our list of most active stocks in terms of number of shares traded. This concentration on cheaper stock brought about a 12.4% decline in value traded compared to last week, despite a rise in the volume traded. The recovery of the market led the General Index to rise once more above the 8,700 point threshold, to register at 8, points. The number of advancers fell short of decliners, at 86 to 95 out of a total of 198 companies traded. The market registered at times, while the market cap reached JD billion. Block trades were active, reaching a total of thirty, five of which were on the stock of the Arab German Insurance Company, helping to rank it as our top gainer for the week. The Arab Potash Company entered our most active list in terms of value traded, following the announcement of its financial results and distribution of dividends, while the Jordan Electric Power Company continued to dominate both lists of most active stocks. Shareco Brokerage registered as our top decliner for the week, as its owners struggled to offload their holdings, finding limited demand at the Company s current price. Sector Performance The Services Sector continued to lead the sectors in terms of both value and volume traded, claiming the lion s share of the total value traded at 56%, equivalent to million shares, for a value of JD million. The Industrial Sector followed with a traded value of JD million and a volume of million shares. The Banking Sector contributed a trading value of JD million with a total of 3.82 million shares, while the Insurance Sector brought in the rear, with 3.15 million shares traded for JD 6.19 million. Meanwhile, the Industrial Sector Index was our top climber this week, rising by 1.43%, while the Services Sector Index Stock Market Highlights This Week Week YTD General Index 8, , % 16.22% This Week Week Value Traded (JD millions) (12.42%) Volume Traded (millions) % Index The Week s Top Gainers and Losers General Market Index Performance Index Weekly Index 20/04/08 21/04/08 22/04/08 23/04/08 24/04/ /04/07 24/06/07 24/08/07 24/10/07 24/12/07 24/02/08 24/04/08 Company Current Close Close % Arab German Insurance (AGICC) % Specialized Trading and Investment (SPTI) % Industrial Industries & Match / Jimco (INMJ) % Arab for Investment Projects (APCT) % Al-Zarqa Educational & Investment (ZEIC) % Century Investment Group (CEIG) (10.76%) Rum Tourist Transport (RUMM) (11.54%) Al Qaria Food & Veg. Oil Industries (UCVO) (11.56%) Emmar Investment & Real Estate Dev. (EMAR) (13.27%) Shareco Borkerage (SHBC) (21.69%) The Week s Most Active Stocks in Number of Shares Traded* Company Volume of Shares Jordan Electric Power (JOEP) 10,622,158 Royal Jordanian (RJAL) 9,389,529 Union Land Development Corporation (ULDC) 6,434,022 Union Investment Corporation (UINV) 5,651,475 Ad Dulayl Ind. Park Co. & Real Estate (IDMC) 5,375,644 The Week s Most Active Stocks in Value of Shares Traded* Company Value of Shares (JD) Jordan Electric Power (JOEP) 80,411,056 Jordan Phosphate Mines (JOPH) 56,955,224 Royal Jordanian (RJAL) 35,970,552 Jordan Steel (JOST) 27,078,484 Arab Potash Company (APOT) 25,720,646 * excluding block deals Weekly Index 1

2 increased by 0.88% compared to last week s closing. The Insurance Sector Index was the sole index to end in the red, falling by 1.51% to 4, points. New Sector Classification Indices Index This Week Week % Block Trades Block deals were carried out on ten companies shares this week with million shares traded for a total value of JD million. The largest of these blocks included one deal on the stock of the Jordan Islamic Bank (JOIB) with 1.00 million shares traded at JD 6.2 per share, 7 block deals on the Middle East Complex s (MECE) stock, with 2.6 million shares traded for a total value of JD 5.95 million. Tameer Jordan Holdings (TAMR) had 5 block deals whereby 2.25 million shares were traded for JD 4.95 million, and the Arab German Insurance Company (AGICC) experienced 5 block deals, with a total of 2.2 million shares at a price of JD 1.85 per share. The Arab Corp (ARED) had two block deals executed for a total value of JD 3.08 million, which United Arab Investors (UAIC) had four blocks for a total value of JD 3.38 million. CORPORATE NEWS The Industrial Development Bank (INDV) announced its financial results for 2007 with net profits of JD 8.74 million, an increase of 11.1% compared to the previous year. Total assets registered at JD million, while shareholders equity reached JD 59.9 million. The Bank s General Assembly approved the distribution of JD 2.12 million to holders of preferred stock. The Euro Arab Insurance Group s (AMMI) General Assembly approved the distribution of 12% cash dividends. Banks 5, , % Insurance 3, , % Financial Services 8, , % Real Estate 8, ,371.0 (0.59%) Financial 5, , % Health Care Services 1, % Educational Services 3, , % Hotels & Tourism 2, ,199.3 (1.08%) Transportation 1, , % Tech. & Communications 2, , % Media 3, ,846.7 (5.57%) Utilities & Energy 8, ,358.5 (0.08%) Commercial Services 1, ,768.2 (0.33%) Services 3, , % Pharm. & Medical Industries 2, , % Chemical Industries 1, ,838.6 (1.47%) Paper & Carton Industries 1, , % Printing & Packaging 2, , % Food & Beverage 2, ,355.4 (0.79%) Tobacco 1, ,998.1 (2.25%) Mining & Extract. Industries 7, , % Engineering & Construction 3, ,359.4 (1.87%) Electric Industries 8, ,629.5 (0.29%) Textiles, Leather & Clothing 2, ,701.5 (3.51%) Glass & Ceramic Industries 1, ,174.6 (1.50%) Industries 4, , % United Financial Investment (UCFI) announced its financial results for 2007 with net profits amounting to JD 1.04 million and total assets registering at JD million. The Company s General Assembly approved the distribution of 16% cash dividends. General Index 4, , % The Arab Potash Company (APOT) announced its financial results for 2007 with net profits after tax amounting to JD million compared to JD 39.1 million in Total assets and shareholders equity registered at JD million and JD million respectively. The Company s General Assembly approved the distribution of 70% cash dividends, equivalent to JD 62.5 million. The General Assembly of Jordan Phosphate Mines (JOPH) approved the distribution of 20% cash dividends, equivalent to JD 15 million. The Jordan Cement Factory s (JOCM) General Assembly approved in their extraordinary meeting the distribution of JD million as cash dividends, in addition to acquiring 51% of three of the Al Aloul s limited liability companies for JD 8.9 million. Rum-Aladdin for Engineering Industries Co. (IENG) announced its financial results for 2007 with net profits amounting to JD 192,763. Total assets and shareholders equity registered at JD million and JD 8.57 million respectively. The Amman Stock Exchange announced that the 20 million shares of the Comprehensive Multiple Transport Company (ABUS) will be listed on the exchange on Monday of next week at a floating price. The Islamic International Arab Bank resolved, in its extraordinary meeting, to raise its paid-up capital from JD 40 million to JD 73 million. The Bank s net profits for 2007 amounted to JD 16.1 million. Total shareholders equity reached JD 74 million while total facilities and deposits registered at JD million and JD million respectively. 2

3 MACROECONOMIC NEWS According to a study by the International Finance Corporation (IFC), finance leasing in the Kingdom faces major obstacles that prevent it from reaching its potential, despite the developments it achieved during the past three years, where the cumulative size of the finance leasing portfolio stands at JD 229 million. According to statistics issued by the Amman Chamber of Industry, the volume of national exports holding certificates of origin issued by the Chamber increased during the first quarter of 2008 by 11% to register at JD million compared to JD million during the same period of According to the Department of Statistics, the Wholesale Index increased by an average of 6.71% in the first quarter of 2008 compared to the last quarter of This increase was primarily due to a 3.41% increase in the price of machines with engines and their spare parts, which have a weighting of 19.42%, a 7.18% increase in the prices of agricultural raw materials, beverages and tobacco, which have a 45.73% weighting, alongside the 4.07% increase in prices of personal and household items, which have a weighting of 20.67%. The American Ambassador to Jordan has confirmed that the U.S. Government has allocated financial grants of USD 363 million for the current year to support the economical development in Jordan in various sectors, and another USD 300 million for the financing of programs such as training, exchange and purchasing equipment. The Jordan Post announced that it has adopted a Model for, which is intended to develop and improve the working environment, enhance the qualifications of its employees in order to increase efficiency. Moreover, a Government source has confirmed that the Jordan Post is executing its privatisation plan, with the likelihood of it taking place through a strategic partner. The sales price of the additional Egyptian gas supplied to the Kingdom tripled in accordance with a recent agreement signed between the two countries to reach USD 4.5 per 1 million British thermal unit compared to the USD 1.5 per 1 million British thermal unit paid for the initial quantity agreed upon. In accordance with Government instructions, the Civil Service Consumer Corporation decreased the prices of 554 commodities so that profit margin on these items is zero. The Minister of Industry and Trade confirmed expectations of that prices of commodities in the Corporation will drop by 25% in the coming few days. Importers and traders of sugar and rice agreed to unify the sales price to the consumer of both commodities across the Kingdom so as not to exceed a profit margin of 8%. The Minister of Industry and Trade resolved that the re-export of all types of rice and sugar will be prevented, unless an export license has been obtained from the Ministry. s of vegetables, excluding tomatoes and lemons, declined by 50-70% during March, following the improved weather conditions boosting the quantities offered for sale in the domestic market. The Ministry of Agriculture announced it will offer incentives and support to farmers across the Kingdom during this year in a bid to increase the area of land planted with wheat and barley. A national campaign sparked by the Government, which entails enhancing the planting of these two types of fodder to cover domestic demand, will offer farmers JD 2.5 per 1 dunum of land planted with wheat and barley, in addition to providing them with farming tools and quality seeds. The National Electricity Company s General Manager announced that the Kingdom s purchases of gas during the past year increased by 22.6% compared to 2006, while purchases of electricity rose by 14.5% over the same period. The number of passengers travelling with Royal Jordanian Airlines increased by 17% during the first quarter of 2008, reaching 550 thousand passengers. According to the Central Bank of Jordan, travel payments representing expenditures by Jordanian residents who travelled abroad in 2007 amounted to JD 626 million compared to JD 594 million in

4 The Government denied the alleged news of deals to sell government lands, stating that these are merely rumors and that it has not signed any sales agreements of land or any of its premises. Experts in the oil derivatives market confirmed that the Government s delay in establishing fuel marketing companies is hindering the true liberalization of the sector. The Ministry of Industry and Trade held a meeting to discuss methods of strengthening the economic and trade relationships between the Jordan and Palestine, in addition to removing all obstacles that hinder trade exchange movement between the two countries. The Amman Chamber of Commerce along with the Jordan Chamber of Commerce discussed with the Ambassador of Thailand the need to enhance trade and investment opportunities between the two countries. 4

5 ARAB BANKING CO. ABCO 2007 Q4 56,062, ,180,052 77,344,767 10,557, % 14.8% % 119,973, ,338 26,096 ARAB JOR/INV/BANK AJIB 2007 Q4 100,000, ,778, ,745,698 6,977, % 7.4% % 189,000, ,901 36,583 ARAB BANK ARBK 2007 Q4 356,000,000 21,220,031,000 3,547,994, ,656, % 10.1% % 9,608,440, ,390 13,266,809 BANK OF JORDAN BOJX 2007 Q4 100,000,000 1,455,719, ,205,938 24,384, % 16.2% (3.0%) 262,000, , ,390 CAIRO AMMAN BANK CABK 2007 Q4 75,000,000 1,219,245, ,043,672 20,909, % 14.8% % 234,750, , ,283 CAPITAL BANK EXFB 2007 Q4 132,280, ,639, ,141,627 13,508, % 8.6% (4.0%) 288,370, , ,244 INDSTRL DEV BANK INDV 2008 Q1 24,000, ,448,302 61,396,379 1,732, % 11.4% (2.0%) 82,320, ,976 1,101,755 JOR INV FIN BANK JIFB 2007 Q3 55,000, ,868,195 80,280,589 7,645, % 13.2% (0.7%) 146,300, , ,259 JCBANK JOGB 2007 Q4 63,250, ,360,650 81,227,983 12,420, % 15.8% (0.4%) 166,980, , ,759 JOR ISLAMIC BANK JOIB 2007 Q4 65,000,000 1,596,832, ,475,836 22,988, % 18.5% % 421,850, , ,173 JOR KUWAIT BANK JOKB 2007 Q4 100,000,000 2,016,727, ,946,670 45,396, % 22.4% % 666,000, ,084 1,239,841 JORDAN AHLI BANK JONB 2007 Q4 110,000,000 1,976,151, ,834,145 10,810, % 5.3% % 272,800, ,661,263 4,115,639 SOCGEN BK - JORDANIE MEIB 2007 Q4 40,455, ,921,355 27,312,443 2,206, % 8.4% % 131,481, N/A N/A HOUSING BK TRD FIN THBK 2007 Q4 250,000,000 5,020,071, ,478, ,463, % 13.4% % 2,000,000, ,915 2,278,024 UNION BK SAV/INV UBSI 2007 Q4 95,000,000 1,068,090, ,999,181 13,776, % 8.7% (1.4%) 332,500, , ,199 Banking Sector 1,622,048,330 39,362,065,853 6,076,427, ,433, % 11.4% 14,922,765, ,815,219 24,559,054 ALNISR ALARABI AAIN 2007 Q4 10,000,000 28,450,949 17,778,963 2,063, % 11.6% % 63,000, ,245 ARAB ORIENT INS AALI 2007 Q4 10,000,000 27,755,715 12,523,505 1,462, % 11.9% % 24,500, N/A N/A ARAB GERMAN INS AGICC 2007 Q4 10,400,680 41,219,600 12,768,728 1,036, % 8.6% % 21,633, ,201 1,579,110 ARAB INT UNI INS AIUI 2007 Q4 4,000,000 10,078,026 5,037,202 1,373, % 31.7% % 8,440, , ,993 EURA ARAB INS. AMMI 2007 Q4 6,000,000 16,399,646 7,476,389 1,343, % 23.3% (0.7%) 8,940, ,440 2,114 BARAKAH TAKAFUL ARAI 2007 Q4 5,944,797 9,899,246 5,457, , % 11.9% (4.2%) 6,836, , ,934 ARAB ASSURERS ARAS 2007 Q4 8,000,000 18,223,368 9,245, , % 11.8% (1.9%) 12,400, ,328 54,050 ARAB JOR INSURANCE ARGR 2007 Q4 8,775,000 15,747,657 10,772,957 1,903, % 19.4% % 18,339, N/A N/A ARAB INS ARIN 2007 Q4 8,000,000 25,758,171 10,272, , % 9.1% % 17,600, ,314 7,271 ARABIAN SEAS INS ARSI 2007 Q4 21,000,000 18,755,736 14,723,582 (5,710,963) (0.272) (28.4%) (32.7%) (5.1%) 19,740,000 Negative 3,533 3,321 DELTA INSURANCE DICL 2008 Q1 5,000,000 11,225,481 7,785, , % 22.0% % 14,200, N/A N/A DARKOM DRKM 2007 Q4 10,000,000 9,191,628 9,132,044 (867,956) (0.087) (9.4%) (9.5%) % 11,500,000 Negative 160, ,026 FIRST INSURANCE FINS N/A N/A 24,000,000 N/A N/A N/A N/A N/A N/A % 25,200,000 N/A 83,173 85,781 GENERAL ARAB INS GARI 2007 Q4 7,722,504 19,335,252 12,244, , % 9.9% (0.8%) 9,962, ,750 11,265 GERASA INSURANCE GERA 2007 Q4 3,981,840 6,042,804 1,801,234 (644,068) (0.162) (10.0%) (33.1%) % 5,932,942 Negative N/A N/A HOLY LAND INS HOLI 2007 Q4 4,000,000 9,215,566 3,912, , % 18.0% % 7,440, N/A N/A JERUSALEM INS JERY 2007 Q4 5,460,000 18,527,357 9,227,311 1,537, % 18.2% % 23,478, ,192 JOR INT INSUR CO JIJC 2007 Q4 16,500,000 36,684,857 21,624,909 2,611, % 12.7% (1.9%) 25,080, , ,551 JOR FRENCH INS JOFR 2007 Q4 9,100,000 20,707,079 3,445,875 (2,607,609) (0.287) (11.8%) (52.8%) (4.8%) 9,100,000 Negative 10,390 10,474

6 JORDAN INSURANCE JOIN 2007 Q4 30,000,000 61,458,769 35,690,138 (5,399,565) (0.180) (9.8%) (16.8%) (2.7%) 87,000,000 Negative 11,495 33,433 MED GULF-JORDAN MDGF 2007 Q4 10,000,000 14,069,879 10,095,730 95, % 0.9% (3.4%) 22,700,000 > ,051 2,293,896 MIDDLE EAST INS MEIN 2007 Q4 18,000,000 66,285,046 39,601,120 3,695, % 9.6% % 50,400, N/A N/A NATIONAL INSURANCE NAAI 2008 Q1 3,500,000 9,353,587 4,706,206 99, % 8.5% % 5,670, N/A N/A OASIS INSURANCE OASI 2007 H1 5,000,000 9,658,978 1,748,878 (1,588,062) (0.318) (34.5%) (121.8%) % 3,250,000 Negative 50,429 30,710 PHILADELPHIA INS PHIN 2007 H1 4,000,000 8,023,441 4,124,938 (215,640) (0.054) (5.4%) (10.6%) % 4,800,000 Negative N/A N/A ISLAMIC INSUR CO TIIC 2008 Q1 8,000,000 24,020,895 15,543,718 2,335, % 67.8% % 20,720, ,186 1,000,811 UNITED INSURANCE UNIN 2007 Q4 7,000,000 18,636,007 12,312, , % 3.1% (0.5%) 12,810, ,060 7,418 YARMOUK INS YINS 2007 Q4 5,000,000 12,381,818 7,165,943 (220,715) (0.044) (1.9%) (3.0%) % 10,700,000 Negative Insurance Sector Total 268,384, ,106, ,219, % 4.7% 551,372, ,152,212 6,192,184 AL-AMIN FOR INV AAFI 2008 Q1 8,940,090 21,758,696 19,242,259 4,919, % 114.2% % 29,144, ,508 1,816,255 NAT L COM CENTER ABLA 2007 Q4 6,000,000 7,321,456 5,616,810 (320,530) (0.053) (4.5%) (6.8%) (4.5%) 6,420,000 Negative 1,500 1,605 AL-BELAD MED SRV ABMS 2007 Q4 15,000,000 22,439,391 17,887, , % 1.5% % 21,000, ,281 73,147 ARAB EAST INVST. AEIV 2007 Q4 35,000, ,213,866 60,242,738 18,976, % 39.7% (0.5%) 136,150, ,222 1,586,809 ARAB INT INV EDU AIEI 2007 Q4 40,500,000 93,306,355 57,635,431 4,642, % 8.1% % 145,395, ,409 78,118 ISRA EDUE AIFE 2007 Q4 15,000,000 37,714,059 20,987,806 2,805, % 14.6% (3.2%) 45,750, ,020 9,224 ARAB INTL HOTEL AIHO 2007 Q4 25,000,000 71,861,670 62,822,586 3,513, % 5.7% % 65,500, ,455 3,809 AL SHARQ INV AIPC 2007 Q4 16,000,000 20,466,000 19,198,188 1,493, % 7.8% (10.4%) 20,640, ,258 82,436 JOR INV.&TRSM ALFA 2007 Q4 7,500,000 8,206,763 6,925,123 (461,882) (0.062) (5.5%) (6.5%) (2.9%) 10,200,000 Negative 17,175 22,887 AMAD REAL ESTATE INV. AMAD 2007 Q4 6,000,000 10,143,626 9,541,507 2,141, % 24.6% % 12,960, ,206 36,486 AL-AMAL INV. AMAL 2007 Q4 7,500,000 10,719,907 8,937,032 1,226, % 14.7% (4.1%) 21,225, ,988,412 5,650,594 AMMAN FOR DEV.& INV AMDI 2007 Q4 7,000,000 11,691,662 (1,177,983) (1,075,388) (0.154) (9.0%) 168.0% % 46,760,000 Negative N/A N/A AMWAL INVEST AMWL 2007 Q4 42,500,000 72,749,551 59,881,740 5,146, % 9.0% % 93,500, , ,936 ARD ANNOMOW ARDN 2007 N/A 500,000 N/A N/A N/A N/A N/A N/A % 2,405,000 N/A N/A N/A ARAB REAL EST ARED 2007 Q4 25,000,000 77,721,049 32,253,230 5,125, % 18.6% % 56,000, ,567,330 3,441,454 AWTAD INVESTMENTS A 2007 Q4 1,000,000 1,237, ,522 2, % 0.2% % 4,100,000 >100 1,943 7,417 B. AL-MAL/BEITNA BAMB 2007 Q3 28,600,000 71,121,609 58,607,506 9,855, % 23.6% % 54,340, , ,246 OFFTEC INVESTMENTS BDIN 2007 Q4 42,000,000 46,302,863 42,582, , % 2.2% % 41,580, , ,463 BINDAR BIND 2007 Q4 13,000,000 28,854,138 14,802,904 1,379, % 12.3% (0.3%) 41,600, ,837 BILAD INVESTMENTS BLAD 2007 Q4 10,000,000 12,082,256 10,534, , % 5.9% % 13,700, ,890 24,507 AL-FARIS NATIONAL CEBC 2007 Q4 25,000,000 33,816,486 25,547, , % 1.9% (4.1%) 46,750,000 >100 2,180,152 4,240,264 CENTURY INV.GRP CEIG 2007 Q4 5,191,560 9,220,062 6,222, , % 9.2% (10.8%) 7,320, , ,316 CONSULTANT AND INV GR CICO 2007 N/A 22,000,000 N/A N/A N/A N/A N/A N/A % 28,380,000 N/A 10,270 12,556 CONTEMPRO COHO 2008 Q1 6,000,000 9,081,061 8,647, , % 6.8% (1.8%) 9,600, , ,591 D-KHALILI & SONS DKHS 2007 Q4 7,500,000 43,555,212 6,711,362 79, % 1.2% % 7,125, , ,405

7 DAMAC REAL ESTATE DMAC 2007 Q4 5,000, ,190, , % 3.7% (1.3%) 14,700, , ,238 EMMAR INV. DEV. EMAR 2007 Q4 11,970,000 31,974,530 15,190,448 8,207, % 61.4% (13.3%) 32,079, ,544 1,672,253 FIRST FINANCE FIFI 2007 Q4 50,000,000 56,707,560 52,442,415 3,063, % 5.8% % 58,000, , ,130 FALCON INV &FIN FIFS 2007 Q4 4,125,000 3,825,676 1,256,516 (271,920) (0.066) (6.1%) (12.5%) (5.4%) 4,372,500 Negative 10,277 11,066 MODEL RESTAURANTS FOOD 2007 N/A 25,000,000 N/A N/A N/A N/A N/A N/A % 32,500,000 N/A 472, ,200 FIRST JORDAN FRST 2007 N/A 150,000,000 N/A N/A N/A N/A N/A N/A (2.8%) 156,000,000 N/A 2,592,668 2,742,254 BATELCO JORDAN FTGR 2007 Q4 1,870,018 11,251,553 1,659,973 (356,333) (0.191) (3.2%) (19.4%) % 8,583,383 Negative N/A N/A FUTURE ARAB FUTR 2007 Q4 15,500,000 16,426,496 16,268, , % 3.8% (1.7%) 18,290, ,380 65,840 JOR HIMMEH MINERAL HIMM 2007 Q4 500,000 1,634,405 1,618,443 (10,186) (0.020) (0.6%) (0.6%) N/A N/A % 1,065,000 Negative N/A N/A HIGH PERFORMANCE HIPR 2007 Q4 12,000,000 12,445,598 12,387, , % 3.1% (5.0%) 25,080, ,823 1,733,906 INT L BROKERAGE IBFM 2007 Q4 21,295,117 39,648,921 23,949,597 1,294, % 5.6% % 24,276, , ,521 INT CO MED INV ICMI 2007 Q4 4,500,000 5,190,586 4,502,493 (19,285) (0.004) (0.4%) (0.4%) % 15,705,000 Negative 349,001 1,163,841 INVEST ESTATE INDUST IEAI 2007 Q4 30,000,000 53,091,578 31,453,279 1,041, % 3.4% (2.3%) 103,800, , ,250 IHDATHIAT CO. IHCO 2007 Q4 3,000,000 3,835,081 3,431, , % 12.6% (5.1%) 7,200, , ,628 ARABIAN DEV CO INMA 2007 Q4 7,000,000 17,318,497 15,659,753 1,079, % 7.1% (1.4%) 14,700, ,011 79,947 INV. & INTEG INDUS INTI 2007 Q4 7,000, ,789, ,207 (3,679,952) (0.526) (2.9%) (825.0%) N/A N/A - N/A - N/A N/A N/A INV HOUSE INVH 2007 Q4 12,000,000 24,097,142 13,260,955 1,148, % 11.6% % 23,280, ,512,009 2,927,669 IRBID DISTRICT ELEC IREL 2007 H1 4,000,000 89,194,484 6,535, , % 8.2% % 23,320, N/A N/A ITTIHAD SCHOOLS ITSC 2007 H1 10,617,815 15,635,461 10,878,823 80, % 1.5% (1.2%) 17,413,217 > , ,535 JOR DUTY FRE SHP JDFS 2007 Q4 5,000,000 18,383,395 15,414,000 4,152, % 28.0% (4.4%) 43,000, ,462 55,618 DIMENSIONS JEDI 2007 Q4 10,000,000 9,885,863 9,799,169 (200,831) (0.020) (2.0%) (2.0%) (0.9%) 10,500,000 Negative 112, ,229 JORDAN EXPAT.INV JEIH 2007 Q4 15,000,000 20,063,206 19,850, , % 3.9% (7.8%) 24,900, ,603,903 2,763,409 JORDAN EXPRESS JETT 2007 Q4 10,800,000 19,409,949 17,511,478 1,729, % 10.0% (0.8%) 25,380, ,405 36,695 INTERNATIONAL INV. JIIG 2007 Q4 10,000,000 12,686,239 9,577,184 (292,915) (0.029) (2.3%) (3.0%) % 10,600,000 Negative 40,528 43,153 JORDAN INTL TRAD JITC 2007 Q4 3,400,000 5,902,207 4,190, , % 7.1% % 7,820, ,988 6,588 JOR LOAN GRNT.CO JLGC 2007 Q4 10,000,000 25,328,525 17,012, , % 4.3% % 11,900, ,796 63,624 JOR MORTGAGE REFIN JMRC 2008 Q1 5,000, ,302,939 7,182, , % 12.2% N/A N/A - N/A - N/A N/A N/A TAJCATERINGHOUSING JNTH 2007 Q4 10,000,000 13,120,545 11,196,983 12, % 0.1% (4.6%) 29,000,000 >100 2,978,222 8,827,254 JORDAN CENTRAL JOCE 2007 Q4 4,500,000 8,719,373 5,102,016 (6,949) (0.002) (0.1%) (0.1%) % 11,430,000 Negative 52, ,000 JOR ELECTRIC PWR JOEP 2007 Q4 66,000, ,291,674 95,932,316 11,530, % 12.3% % 483,780, ,622,158 80,411,056 JOR HOTEL TOURS JOHT 2007 Q4 10,000,000 29,048,520 20,711,045 2,959, % 15.0% % 60,500, JOR INV TRUST JOIT 2007 Q4 29,513,889 63,818,238 49,886,339 4,333, % 8.9% % 83,819, ,672 4,667 RESOURCES INVEST JOMA 2007 Q4 11,000,000 11,009,388 10,979,558 (23,462) (0.002) (0.2%) (0.2%) % 19,140,000 Negative 278, ,129 JORDAN CONSULTING JOMC 2007 Q4 1,400,000 1,739, ,664 76, % 10.9% (3.1%) 2,198, ,621 7,432 JOR PRESS/ PUBLISH JOPP 2007 Q4 4,000,000 18,262,414 11,693,808 1,298, % 11.3% (7.0%) 15,920, ,186 16,825 JOR TRADE FAC JOTF 2007 Q4 15,000,000 31,976,579 17,829,394 1,710, % 9.9% % 36,750, N/A N/A JOR PROJ TOUR DEV JPTD 2007 Q4 17,000,000 57,035,057 31,678,426 3,493, % 11.7% % 144,500, ,955 16,618

8 JO REALESTATE JRCD 2007 Q4 30,000,000 44,035,613 38,665,531 7,953, % 22.4% (1.0%) 60,000, ,819 1,097,630 JORDAN TELECOM JTEL 2007 Q4 250,000, ,791, ,204,409 93,745, % 23.1% % 1,575,000, ,981 4,007,947 KAFA`A INVESTMENTS KAFA 2007 N/A 4,000,000 N/A N/A N/A N/A N/A N/A % 12,160,000 N/A 8,182 24,424 AL-DAWLIYAH H&M MALL 2007 Q4 43,200,000 65,901,008 56,228,399 2,236, % 4.0% % 54,000, , ,513 MEDITER. TOURISM MDTR 2007 Q4 45,000,000 51,919,647 49,169,210 3,097, % 6.4% (4.8%) 98,550, MIDDLE EAST DIV MEDI 2007 Q4 2,000,000 3,402,672 2,183, , % 6.3% % 8,980, , ,830 METHAQ MEET 2007 Q4 7,500,000 11,466,232 7,814,196 (333,353) (0.044) (3.9%) (5.1%) % 10,950,000 Negative 1,941,009 2,759,331 TAJ TOURIST PROJ MERM 2007 Q4 40,000,000 48,291,080 44,969, , % 0.8% % 77,200,000 > , ,071 MASAFAT TRANSPORT MSFT 2007 Q4 12,000,000 14,764,665 13,182, , % 6.6% % 13,800, , ,521 TRANSPORT BARTER NAQL 2007 Q4 11,000,000 17,286,741 13,833, , % 6.1% (4.5%) 23,100, ,276 1,598,866 NOPAR FOR TRADING NOTI 2007 Q4 500, , ,373 15, % 3.2% % 1,345, ,071 5,432 NATL PORTFOLIO NPSC 2007 Q4 15,000,000 31,570,294 20,211,073 2,595, % 12.8% % 46,500, ,796,218 5,686,828 PETRA EDUCATION PEDC 2007 Q4 16,000,000 26,417,735 19,941,016 2,296, % 11.6% % 48,320, ,000 9,020 REAL ESTATE & INV PORT PETT 2007 Q4 15,000,000 11,493,580 11,289, , % 2.3% % 17,250, ,547,978 3,111,606 PHILADELPHIA UNI PIEC 2007 Q4 15,000,000 24,304,883 18,954,227 3,014, % 16.2% % 49,350, ,550 25,318 PALACES PRED 2007 Q4 4,000,000 4,439,613 3,918,238 (80,468) (0.020) (1.8%) (2.1%) % 20,320,000 Negative 26, ,320 J. PRESS FOUNDAT PRES 2007 Q4 7,500,000 39,223,822 33,407,056 11,524, % 38.6% (5.3%) 139,875, , ,631 PROFESSIONAL PROF 2007 N/A 55,000,000 N/A N/A N/A N/A N/A N/A (1.9%) 57,750,000 N/A 216, ,172 EAST REAL ESTATE REAL 2007 Q4 9,996,082 50,980,427 39,694,663 6,930, % 17.9% (4.8%) 93,663, , ,426 REAL ESTATE DV REDV 2007 Q4 50,000,000 91,405,170 46,881,948 (1,298,405) (0.026) (1.6%) (2.7%) % 78,500,000 Negative 1,250,117 1,969,577 REAL ESTATE INV REIN 2007 Q4 7,500,000 8,573,630 7,677,675 (681,562) (0.091) (7.6%) (8.9%) (1.0%) 14,850,000 Negative 93, ,446 AL RAKAEZ RICS 2007 Q4 10,000, ,941,420 (58,580) (0.006) (0.6%) (0.6%) % 8,100,000 Negative 188, ,324 ROYAL JORDANIAN RJAL 2007 Q4 84,373, ,319, ,098,000 20,363, % 20.6% % 313,025, ,389,529 35,970,552 RUM TOURIST TRAN RUMM 2007 N/A 7,000,000 N/A N/A N/A N/A N/A N/A (11.5%) 19,320,000 N/A 209, ,393 AL-SALEM FOR INV SALM 2007 Q4 500, , , , % 30.2% (5.0%) 1,610, ,871 18,905 AL-SANABEL INT L SANA 2007 Q4 20,000,000 20,904,739 20,335, , % 2.3% (2.7%) 21,400, , ,212 SOUTH ELECTRONICS SECO 2007 Q4 50,000, ,779,213 50,458, , % 2.8% (4.8%) 40,000, ,718,411 1,441,801 SHARECO BROKERAGE SHBC 2007 N/A 12,000,000 N/A N/A N/A N/A N/A N/A (21.7%) 23,400,000 N/A 1,870,057 3,963,973 SHIPPING LINE SHIP 2007 Q4 12,075,000 23,739,036 15,016,896 3,167, % 23.2% % 28,497, ,982 88,451 SPEC.INV JOR SIJC 2007 Q4 4,500,000 14,442,691 10,978,512 3,929, % 44.9% % 16,290, , ,455 SALAM INT TRN TD SITT 2007 Q4 13,200,000 39,286,127 20,657,460 1,655, % 8.1% % 36,432, ,683 1,329,428 SPCZ.INVST.COMD SPIC 2007 Q4 23,000,000 70,291,176 30,149,635 2,906, % 10.5% (3.9%) 220,800, ,031 8,134,550 SPCZ.TRDG&INVST SPTI 2007 Q4 3,075,000 5,113,140 3,628, , % 9.2% % 9,471, ,758 2,638,636 TAAMEER JOR HLDGS TAMR 2007 Q4 211,982, ,524, ,619,320 (3,200,557) (0.015) (1.2%) (1.6%) % 476,959,664 Negative 2,691,309 6,070,338 AL-TAHDITH THDI 2007 Q4 2,000,000 2,243,681 1,994,419 (10,023) (0.005) (0.4%) (0.5%) (3.7%) 3,160,000 Negative 190, ,527 TUHAMA INVESTMENTS THMA 2007 Q4 9,000,000 9,003,729 8,850, , % 5.5% % 18,810, , ,570 TRUST INT L TRANSPORT TRTR 2007 Q4 3,434,750 4,344,233 2,442, , % 5.1% N/A N/A % 2,473, N/A N/A

9 UNI ARAB INVEST UAIC 2007 Q4 147,500, ,852, ,962,178 (100,797) (0.001) (0.0%) (0.0%) % 336,300,000 Negative 4,898,962 11,143,827 UN FOR FINCL INV UCFI 2007 Q4 5,000,000 11,302,916 9,060,632 1,042, % 12.0% % 15,500, , ,398 UNION INV UINV 2007 Q4 50,000,000 88,932,512 67,203,327 6,332, % 9.9% % 74,000, ,651,475 8,076,271 UNION LAND DEV ULDC 2007 Q4 45,000,000 72,912,311 56,096,214 4,007, % 7.4% % 90,000, ,434,022 12,744,178 ARAB INV. UNION UNAI 2007 Q4 3,000,000 2,850,801 2,840,721 (79,721) (0.027) (2.8%) (2.8%) % 4,680,000 Negative 150, ,369 UNIFIED CO UNIF 2007 Q4 6,511,057 17,673,753 7,838,793 (2,429,150) (0.373) (12.8%) (24.8%) % 8,464,374 Negative 93, ,816 AL SHAMEKHA REAL VFED 2008 Q1 1,200,000 2,615,993 2,273,613 (80,181) (0.067) (13.0%) (15.5%) (8.1%) 3,000,000 Negative 750 1,907 WINTER VALLEY TOUR WIVA 2007 H1 1,500,000 1,632,148 1,469,670 (26,975) (0.018) (3.4%) (3.6%) (4.0%) 1,800,000 Negative 47,694 57,716 ZAHRAT ALURDON ZAHI 2007 Q4 500, , ,462 (11,946) (0.024) (2.3%) (2.4%) (5.7%) 1,400,000 Negative 609 1,751 ZARA INVESTMENTS ZARA 2007 H1 125,000, ,832, ,893,173 3,049, % 5.5% (8.1%) 227,500, ,274 ZARQA EDUC ZEIC 2008 Q1 8,475,000 18,643,471 12,160, , % 21.5% % 29,069, ,528 77,696 Services Sector Total 2,530,745,801 5,143,488,480 2,944,454, % 11.0% 7,101,972, ,737, ,450,056 ARAB ALUM IND AALU 2007 Q4 6,750,000 19,297,230 13,004, , % 3.0% (1.2%) 11,475, ,277 56,752 PREMIER ACDT 2007 Q4 1,330,008 9,223,625 5,404,464 (169,490) (0.127) (1.6%) (3.2%) % 11,571,070 Negative 345 2,881 ARAB ELECT IND AEIN 2007 Q4 6,000,000 10,646,893 7,175, , % 7.0% (1.7%) 7,080, ,234 28,900 AFIA INT CO-JORDAN AICG 2007 Q4 8,000,000 6,534,688 2,800,544 (2,978,165) (0.372) (33.6%) (69.4%) % 19,680,000 Negative N/A N/A ARAB INT L FOOD AIFF 2007 Q4 10,500,000 23,479,544 33,222,776 1,233, % 4.4% % 66,885, N/A N/A AL-JANUOB FLT MF AJFM 2007 Q4 1,514,627 3,266,906 1,831, , % 13.1% % 5,422, N/A N/A AMANA AGRICULT. AMAN 2007 Q4 7,000,000 6,022,928 4,032,240 43, % 1.1% (3.5%) 3,850, , ,268 ARAB INVEST PROJ APCT 2007 Q4 20,000,000 5,851,672 4,491, , % 2.6% % 25,200,000 >100 2,362,459 2,972,271 ARAB PHARMA CHEM APHC 2007 Q4 5,000,000 8,267,285 7,696,968 82, % 1.1% % 9,500,000 > , ,866 ARAB PHARMA COM APMC 2007 Q3 20,000,000 70,213,966 57,850,485 5,128, % 11.9% % 90,200, N/A N/A ARAB POTASH CO APOT 2007 Q4 83,318, ,224, ,961, ,191, % 45.7% % 5,832,260, ,460 25,720,646 AL-QUDS READY MIX AQRM 2007 Q4 14,000,000 18,804,891 15,357,514 (562,319) (0.040) (3.0%) (3.6%) % 13,860,000 Negative 166, ,097 ARAB ENGINEERING IND. AREN 2007 Q4 7,117,236 12,741,860 1,066,990 (1,276,500) (0.179) (10.0%) (72.9%) N/A N/A % 12,811,025 Negative N/A N/A ARAB STEEL PIPES ASPMM 2007 Q4 9,000,000 18,823,343 15,217,515 1,236, % 8.4% (2.5%) 17,550, ,755 COMPLAND DEV&INV ATTA 2007 Q4 12,000,000 17,264,413 15,091,823 1,200, % 11.2% (0.8%) 14,640, , ,839 BATON FOR BLOCKS BLOK 2007 Q4 12,000,000 14,373,566 12,210, , % 1.7% % 12,960, ,565 54,590 DAR ALDAWA DV/IV DADI 2007 H1 20,000,000 60,838,898 52,466,047 4,361, % 16.7% % 94,000, ,886 64,797 EKBAL PRINT CO. EKPC 2007 Q4 5,000,000 8,698,011 6,137, , % 5.0% % 6,300, , ,429 EL-ZAY READY WR ELZA 2007 Q4 11,500,000 19,398,171 10,354,488 (1,434,423) (0.125) (7.6%) (12.9%) (2.8%) 8,050,000 Negative 197, ,956 FIRST NAT VEG OIL FNVO 2007 Q4 4,500,000 6,647,994 2,914,443 (1,303,868) (0.290) (16.2%) (36.6%) % 4,500,000 Negative 533, ,486 GENERAL INVESTMENT GENI 2007 Q4 10,000,000 29,944,692 27,133,709 2,007, % 7.9% N/A N/A % 60,600, N/A N/A GENERAL MINING GENM 2007 Q4 1,500,000 2,883,362 2,449, , % 12.9% % 11,445, N/A N/A LIGHT CONCRETE GLCI 2007 Q4 8,500,000 10,057,037 8,806,757 (67,466) (0.008) (0.5%) (0.8%) (10.5%) 12,325,000 Negative 175, ,799 HAYAT PHAR. IND. HPIC 2007 Q4 9,500,000 13,001,882 11,134, , % 6.4% % 11,780,

10 INDSTRAL/COMM/AGR ICAG 2007 H1 14,396,942 16,205,198 12,667,462 (1,094,712) (0.076) (12.0%) (18.1%) (6.1%) 8,926,104 Negative 1,026, ,554 INDL CERAMIC ICER 2007 Q3 6,000,000 8,230,658 6,534,996 11, % 0.3% (3.7%) 4,740,000 >100 67,636 54,518 AD-DULAYL INDUS. PARK IDMC 2007 Q4 21,000,000 65,497,499 57,843,203 (431,349) (0.021) (1.0%) (1.2%) (4.1%) 29,610,000 Negative 5,375,644 7,784,446 RUM ALADDIN IND. IENG 2007 Q4 7,175,097 24,988,504 8,572, , % 2.3% % 28,700,388 > IND./MATCH JEMCO INMJ 2007 Q4 1,800,000 1,208,746 1,113,638 (16,186) (0.009) (1.3%) (1.4%) % 4,356,000 Negative 1,547,862 3,531,847 COMPREHENSIVE INOH 2007 Q4 4,250,000 12,868,386 6,005, , % 12.6% % 10,497, , ,388 INTERMED PETRO CHEM IPET 2007 Q4 5,000,000 8,491,471 6,169,469 (377,815) (0.076) (4.5%) (5.9%) N/A N/A % 1,000,000 Negative N/A N/A INT TOBACCO ITCC 2007 Q4 20,000,000 74,105,605 39,348,475 5,156, % 13.7% % 50,600, ,626 41,094 JOR NEW CABLE CO JNCC 2007 Q4 13,500,000 91,940,785 32,308,151 8,895, % 32.3% % 106,650, ,770 84,787 JOR CERAMIC FAC JOCF 2007 Q4 7,500,000 12,123,078 10,306,360 (937,448) (0.125) (7.4%) (8.7%) % 4,050,000 Negative 60,322 33,259 JOR CEMENT FACT JOCM 2007 Q4 60,444, ,720, ,307,897 48,200, % 28.5% (4.9%) 674,560, ,664 1,036,625 JORDAN DAIRY JODA 2007 Q4 4,000,000 9,182,308 7,128, , % 4.1% (5.0%) 7,600, JOR INDSTR CHEM JOIC 2007 Q4 1,799,624 5,093,124 2,426, , % 22.4% (4.9%) 6,262, JORDAN IND.RES. JOIR 2007 Q4 13,250,000 21,548,528 15,702,456 55, % 0.4% (1.4%) 9,672,500 >100 1,273, ,450 JOR PAPER & CARD FACT JOPC 2007 Q3 7,500,000 20,007,990 10,686, , % 7.4% (2.9%) 17,850, ,200 2,846 JOR PHOSPHATE MN JOPH 2007 Q4 75,000, ,294, ,530,914 46,110, % 26.5% (1.2%) 2,322,000, ,904,049 56,955,224 JOR PIPES MANFACT JOPI 2007 Q4 3,575,000 9,565,462 7,282,639 74, % 1.0% % 6,721, ,956 32,723 JOR PETROLM REF JOPT 2007 Q4 32,000, ,648,179 61,277,276 4,397, % 7.3% (0.5%) 456,960,000 >100 1,557,757 22,658,092 JOR SELPHO CHEM JOSL 2007 Q4 4,000,000 9,015,350 4,484,698 (77,942) (0.019) (1.0%) (2.1%) (0.5%) 16,320,000 Negative 753 3,034 JOR STEEL JOST 2007 Q4 23,075,000 58,856,953 47,084,566 5,666, % 12.2% % 146,757, ,372,536 27,078,484 JORDAN TANNING JOTN 2007 Q4 1,500,000 2,429,888 1,957,282 (442,601) (0.295) (16.7%) (20.4%) % 2,730,000 Negative 644 1,175 JOR ROCK WOOLID JOWL 2007 H1 3,000, ,877 2,412,949 (92,743) (0.031) (39.4%) (7.6%) (4.3%) 2,640,000 Negative 179, ,755 JOR WORSTED MILL JOWM 2007 Q4 12,500, ,437, ,214,946 5,819, % 6.3% (3.1%) 96,625, ,175 93,211 JORDAN PHARMA JPHM 2007 Q4 20,000,000 54,531,097 34,266,490 1,648, % 4.9% % 33,800, ,434 7,372 JORDAN POUL PROC JPPC 2007 Q4 14,888,874 20,580,042 4,837,391 (2,998,106) (0.201) (15.8%) (50.6%) % 8,486,658 Negative 138,783 77,657 JOR VEG OIL IND JVOI 2007 Q4 3,000,000 15,973,690 5,196, , % 6.8% (1.4%) 6,150, ENJAZ LIPO 2007 Q4 3,335,942 3,426,083 3,286,540 (68,113) (0.020) (3.2%) (3.6%) % 6,571,806 Negative 68, ,991 ARAB PESTICIDES MBED 2007 Q4 9,000,000 17,288,036 11,830,924 1,212, % 10.5% % 12,240, , ,779 MID EASTCOMPLEX MECE 2007 Q4 100,000, ,730, ,715,291 6,172, % 3.8% (1.3%) 227,000, ,254,956 5,151,791 MID PHARMA IND MPHA 2008 Q1 9,869,583 22,519,111 12,458,232 (404,630) (0.041) (7.1%) (12.8%) % 32,767,016 Negative NATIONAL STEEL NAST 2007 Q4 4,000,000 10,368,444 5,218,831 (350,926) (0.088) (4.0%) (6.6%) % 5,400,000 Negative 32,663 43,820 NAT L ALUM IND NATA 2007 Q4 9,000,000 18,736,861 12,554, , % 6.7% (4.4%) 13,590, ,411 58,787 NAT CHLORINE NATC 2008 Q1 9,000,000 12,221,481 11,105, , % 8.8% (3.8%) 11,340, ,990 16,252 NAT L POULTRY NATP 2007 Q4 30,000,000 73,013,124 53,050,192 6,374, % 12.8% (0.5%) 63,000, ,336 NUTRI DAR NDAR 2007 Q4 10,000,000 16,015,340 10,531, , % 4.2% (0.7%) 15,100, PEARL SAN P CONV PERL 2007 Q4 2,500,000 3,888,866 3,305, , % 4.8% % 5,225, N/A N/A READY MIX CONCRT RMCC 2007 Q4 15,000,000 34,439,333 16,693,939 3,129, % 19.5% (1.1%) 69,750, , ,761

11 SILICA INDUSTR. SLCA 2007 Q4 2,366,815 2,489,416 2,388, , % 5.4% % 8,047, ,306 TRAVCO TRAV 2007 Q4 4,600,000 2,795,570 5,112, , % 5.5% (9.0%) 5,106, ,576 38,412 UNION ADV INDST UADI 2008 Q1 3,000,000 12,274,485 6,741, , % 19.0% % 10,410, UNITED CABLE IND UCIC 2007 N/A 40,000,000 N/A N/A N/A N/A N/A N/A (1.5%) 51,600,000 N/A 271, ,631 AL-QARIA UCVO 2007 Q4 4,500,000 13,122,029 5,121, , % 13.3% (11.6%) 8,955, , ,747 UNIV MOD INDCO UMIC 2007 Q4 6,000,000 8,567,664 8,499, , % 8.1% % 7,740, ,460 58,262 UNIV CHEM IND UNIC 2007 Q4 1,500,000 3,269,961 2,918,295 28, % 1.0% (8.6%) 2,700, ,650 3,050 UNION TOBACCO UTOB 2007 Q4 15,000,000 67,217,208 36,669,488 4,582, % 11.8% (6.1%) 48,750, ,180 58,210 NAT/CABL/WIRE/MF WIRE 2007 Q4 12,500,000 28,400,784 20,343,837 1,945, % 17.5% % 31,875, , ,146 JOR WOOD INDUSTR WOOD 2007 Q4 3,500,000 10,922,453 6,982,192 1,888, % 29.1% (5.0%) 18,060, WOOLEN INDUSTRIES WOOL 2007 Q4 1,200,000 1,301, ,498 (401,423) (0.335) (27.3%) (40.1%) (4.6%) 1,488,000 Negative 1,280 1,607 Industrial Sector Total 970,057,208 3,424,624,898 1,957,807, % 12.7% 11,084,924, ,342, ,008,196 Market Total 5,391,236,160 48,497,285,789 11,284,909, ,433, % 12.1% 33,661,034, ,046, ,209,490 Financial figures in the tables above represent those for 2007, except where highlighted, which represent Q financial results. Earnings per Share () indicated above represents the basic. The Arab Bank represents the Arab Bank Group. Return on Average Assets () and Return on Average () are based on annualised earnings. Where no financials have been issued by the Company for either 2006 or 2007, the figures indicated represent the Return on Assets (ROA) and Return on (ROE). is based on last closing price and annualised earnings per share. The Arab Bank is based on the Arab Bank Group financials. Negative and s greater than 100 have been excluded from the calculation of the sector. N/A - Information not Available/Applicable

12 Research Department Tanya Khammash Head of Research Department Zein Alkhas Research Analyst Brokerage Tel (ext. 301) Disclaimer This document has been issued by ABC Investments for informational purposes only. The information contained herein is based on sources we believe to be reliable, but its accuracy is not guaranteed and such information may be incomplete or condensed. This document is not, and should not, be construed as an offer or the solicitation of an offer to buy or sell any security. ABC Investments accepts no liability for any loss or damage of any kind arising from the use of all or any part of this document. ABC Investments has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein changes or subsequently becomes inaccurate. This document may not be reproduced or circulated without the written consent of ABC Investments.