Reference to the Capital Markets Authority's Regulations concerning Disclosure of Substantial Information and the mechanism for disclosing the same as well as to Chapter 4, Book (10), Article 4-1-1 of the Executive Bylaws issued on 9/11/2015.

 

Date: 29/5/2016

 

Listed Company: Kuwait International Bank

 

Substantial Information: We would like to state that, following obtaining necessary approvals from concerned regulatory authorities, Kuwait International Bank has appointed Mr. Hesham Elsayed Ezzeldin Elsayed as GM-Corporate Support. He commenced his work duties as of Sunday 29/5/2016.

 

Impact of the Substantial Information on the Company’s Financial Position:None