Reference to the Capital Markets Authority's Regulations concerning Disclosure of Substantial Information prescribed at Chapter 4, Book (10), Article 4-1-1/ 14, and subsequent to our previously-sent letter on 06/12/2016, please find attached form No. (8) concerning lawsuits and judicial verdicts.
  
Date : 27/03/2017
 
Listed Company : Kuwait International Bank
 
Lawsuit No. : 216/2010, 248/2010, 81/2011 Sales/1
  
Subject matter of the Lawsuit : Sale of foreclosed real estates at public auction for settlement of debt
 
 
Date of Court  Verdict : The lawsuit to be heard on today’s session 27/03/2017. The court decided to adjourn the case to be heard on the session of 12/06/2017 awaiting the Experts Department’s report.
  
Competent Court : Sales Court (Preliminary Judgment)

A KIB customer : Litigants
 
Court verdict issued in favor of : ــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ
 
Verdict  of First Degree Court : ــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ
 
Verdict  of the Court of Appeal : ــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ
 
Verdict of Court of Cassation : ــــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ
  
Impact of the Substantial Information on the Company’s Financial Position : None.