Cancelling of GDR from UKLA and LSE

RNS Number: 2691G

Arab Insurance Group (B.S.C)

19 November 2015

Arab Insurance Group (B.S.C)

CANCELLATION OF LISTING AND TRADING OF

GLOBAL DEPOSITARY RECEIPTS ("GDR") FROM THE LONDON STOCK EXCHANGE AND INTENTION TO TERMINATE GLOBAL DEPOSITARY RECEIPTS PROGRAM

Arab Insurance Group (B.S.C) (headquartered in Kingdom of Bahrain) announces that it has applied for the cancellation of its Global Depositary Receipts (ISIN: US0384572063) representing Common Stock from admission to the Official List of the UK Listing Authority and from trading on the London Stock Exchange, with such cancellation of listing and trading expected to be effective on 31 December 2015.

Reasons for the Proposed Cancellation of Listing

Taking into account the costs and benefits associated with maintaining the listing of the GDRs and further considering the small proportion of the share capital held in the form of GDRs and significantly low trade volume for a considerable period of time, Arab Insurance Group (B.S.C) decided to submit a request to cancel the listing and trading of its GDRs, with such cancellation of listing and trading expected to be effective on 31 December 2015.

Arab Insurance Group (B.S.C) also intends to terminate the GDR program by terminating the depository agreements entered into with Deutsche Bank, as depositary of the GDR program. The Depositary will notify the GDR holders of the scheduled termination at least 30 days prior to the date fixed for termination. GDR program termination is expected to be effective on 31 December 2015.

For additional information, please contact:

Mani Lakshmanamoorthy

Compliance Officer

Arab Insurance Group (B.S.C)

Telephone: +973 17544362

E-mail: [email protected]

Nagarajan Kannan

GENERAL MANAGER - FINANCE & ADMINISTRATION