Global Investment House publishes Global Depositary Receipt Preliminary Prospectus

Notes and media contacts

About Global

Since its founding in 1998, Global has grown rapidly to become one of the leading asset management and investment banking companies in the GCC and the wider MENA region. With an experienced management team, led by Maha Al-Ghunaim, it now has an integrated business offering that comprises five pillars, Asset Management, Principal Investments and Treasury, Investment Banking, Real Estate and Brokerage, which together allow it to provide a comprehensive range of products to its clients.

Global has a pan-MENA platform with a presence in 16 countries including Kuwait, Bahrain, UAE, Oman, Jordan, Tunisia, Qatar, Egypt, Saudi Arabia, Sudan, Yemen, and Iran, as well as Turkey, India, Pakistan and Hong Kong.

Global has one of the largest asset management businesses in the region by reference to assets under management. Global also has one of the largest principal investment and proprietary trading operations in the region by asset size. As an investment bank, Global is a leading manager of private placements and public offerings and acts as a strategic advisor to corporations, governments, institutions and individuals in the GCC region. Global has access to a client base of approximately 6,500 individuals and institutions.

Global's ordinary shares are publicly listed and traded on the Kuwait Stock Exchange, the Bahrain Stock Exchange and the Dubai Financial Market. It trades on all of these markets under the ticker 'GLOBAL'.

Market Reuters Ticker Bloomberg Ticker
Kuwait GLOB.KW GLOBAL.KK
Bahrain GIHB.BH GLOBAL.BI
Dubai GLOB.DU GLOBAL.UH

Global's operations and focus are centred in the GCC and wider MENA region, where the vast majority of its clients are based. These regions, including Saudi Arabia and Qatar, are among the world's fastest growing investable wealth markets, driven by factors such as rising energy prices and strong oil and gas production volumes, significant sovereign investments and population growth.

Contacts

Global Investment House
Moustafa N. Zantout
Head of Marketing & Communications
Tel: (965) 2400551 ext 206

Dalal Al-Radi
Senior Media Relations Executive
Tel: (965) 2400551 ext 325

Brunswick Group LLP
London
Jon Coles / Nigel Prideaux / Eilis Murphy
+44 207 404 5959

Dubai
Alex Blake Milton / Jeehan Dahman Balfaqaih
+971 4 365 8260

Disclaimer
This press release does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefor. The offering and the distribution of this press release and other information in connection with the Offer may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

Any purchase of or application for the securities referred to herein should only be made on the basis of the information contained in the final prospectus to be issued in connection with the Offer. The price and value of, and income from, such securities may go up as well as down. Persons needing advice should consult a professional adviser.

This press release is not being issued in the United States of America and is not for publication or distribution in the United States. This press release does not contain or constitute an offer to sell or a solicitation of any offer to buy securities in the United States. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the 'Securities Act'), and may not be offered or sold in the United States or to US persons unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.

This communication is being distributed only to, and is directed at (a) persons outside the United Kingdom, (b) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order'), or (c) high net worth entities and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as 'relevant persons'). Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons. Any person who is not a relevant person should not act or rely on this communication or any of its contents.

This communication is an advertisement and is not a prospectus for the purposes of EU Directive 2003/71/EC (the 'Directive') and/or Part VI of the United Kingdom Financial Services and Markets Act 2000. A final form prospectus will be prepared and made available to the public in accordance with the Directive. Investors should not subscribe for any securities referred to in this document except on the basis of information contained in the final form prospectus. The final form prospectus, when published, will be available from the offices of Global.

In any EEA Member State that has implemented the Prospectus Directive, this communication is only addressed to and is only directed at qualified investors in that member state within the meaning of the Prospectus Directive.

This communication includes 'forward-looking statements.' All statements other than statements of historical facts included in this communication, including, without limitation, those regarding Global's financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives) are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Global to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding Global's present and future business strategies and the environment in which Global will operate in the future. These forward-looking statements speak only as of the date of this communication. Global expressly disclaims any obligations or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any changes in Global's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

HSBC is authorised and regulated in the United Kingdom by the Financial Services Authority and is a member of the HSBC Group of companies. HSBC is acting for Global and no one else in connection with the proposed offering and will not be responsible to anyone other than Global for providing the protections afforded to clients of HSBC nor for providing advice in connection with the proposed offering.

Deutsche Bank AG is authorised under German Banking Law (competent authority: BaFin - Federal Financial Supervising Authority) and regulated by the Financial Services Authority for the conduct of UK business. Deutsche Bank AG, London Branch is acting for Global and no one else in connection with the offering and will not be responsible to anyone other than Global for providing the protections afforded to clients of Deutsche Bank AG, London Branch nor for providing advice in connection with the offering.

UBS Limited is acting for Global Investment House and no one else in connection with the Offer and will not be responsible to anyone other than Global Investment House for providing the protections afforded to clients of UBS Limited nor for providing advice in connection with the Offer.

J.P. Morgan Securities Ltd (JPMorgan) is authorised and regulated in the United Kingdom by the Financial Services Authority. JPMorgan is acting for Global and no one else in connection with the proposed offering and will not be responsible to anyone other than Global for providing the protections afforded to clients of JPMorgan nor for providing advice in connection with the proposed offering.