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Monday, November 23 - 2009

Red Sea Housing Services distributes 2007 dividends at rate of 20% of capital

Red Sea Housing Services (Tadawul: 4230), a leading manufacturer of remote site housing solutions, has begun the distribution of dividends to its shareholders for the 2007 fiscal year, at the rate of SR2 per share.

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  • Abdullah Alomeiri and Fouad Alkhulaifi.
    Abdullah Alomeiri and Fouad Alkhulaifi.
Red Sea Housing Services will distribute dividends to shareholders by Saturday, 17th May 2008, in all branches of the Saudi British Bank.

The dividends are for Red Sea Housing shareholders and are as recorded by Tadawul, following close of business on April 19, 2008.

The terms are as follows:

1. Those shareholders that have portfolios with a cash account at any bank will receive their dividends into that account. In case the deposits are unsuccessful, shareholders must download the Shareholder Form from the Red Sea Housing Services Co. website (www.rhs.com.sa). The form should be completed with an official stamp from the bank, and then sent, with an attached copy of their ID, to the Shares Department at the below address.

2. Those shareholders who have updated their records in the Investor Relations Department will have their dividends deposited directly into their current bank account.
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Log in to request more information from Red Sea Housing Services

Notes and media contacts

More information is available at the following address:
Red Sea Housing Services Company
Investor Relations Department
P.O. Box 28121
Riyadh 11323
Telephone No. : (01) 293-7730
Fax No. (01) 293-7684

About Red Sea Housing Services
Red Sea Housing Services, a public company listed on the Saudi Stock Exchange under Red Sea symbol 4230, was established in 1986 and is a world leader in the manufacture of remote site housing solutions for the Middle East, Africa and Asia (www.rsh.com.sa). It has supplied hundreds of turn-key camps and utilities in 56 countries around the world. With three modern manufacturing facilities, all ISO certified and strategically located in Saudi Arabia, United Arab Emirates and Ghana, Red Sea Housing Services is capable of serving its diversified clients with quality products in a timely manner.

For further information please contact
Jacky Freer
MS&L/Dubai
Tel: +971 4 367 6152
Fax: +971 4 367 2615

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