National Industries Group to list on DFM

Dubai Financial Market today announced the listing of ordinary shares of National Industries Group Holdings, the industrial group incorporated in Kuwait.

United Arab Emirates: Tuesday, June 20 - 2006 at 17:00
PRESS RELEASE

Essa Kazim, Director General of the DFM.

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National Industries Group has finalised the listing procedures with the market in collaboration with ESCA, and its stock begins trading today. The company is listed on Kuwait Stock Exchange and now on Dubai Financial Market. Foreign investors are allowed to trade the company's shares freely.

The company's shares (trading symbol NIND) shall appear on DFM screens, trading systems and publications.

Essa Kazim, Director General of the DFM, said:

'We are delighted to welcome National Industries Group to the DFM. This is another vote of confidence from a well established and profitable growth stock in the opportunities that DFM brings. We welcome them to our bourse, and look forward to a prosperous future together.'

NIG has been operating for more than 45 years, and is today the leading industrial group in Kuwait, and one of the largest industrial companies in the Middle East. The company has been awarded a rating of A in January 2006 by Capital Intelligence (bank analysis and rating agency) based on its financial strength, strong management, international diversification of projects and excellent earnings record. NIG is one of the few industrial companies in the Middle East to achieve such an accomplishment.

This recent listing brings the total number of listings on DFM to 36 public joint stock companies out of 53 securities instruments. The company is classified within the Industrials sector bringing the total to three 3 public joint stock companies.

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About Dubai Financial Market
Dubai Financial Market was established as a public institution having its own independent corporate body. DFM is operating as a secondary market for trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the Local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the Market. The Market commenced operations on 26th March 2000.

For further information, please contact:
Tim Harrison / Bakul Gala / Tarek Fleihan
Mobile: 5097631 / 2459547 / 5198511
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3344550
Fax: +971-4-3344556

Posted by Anne-Birte Stensgaard, Senior News Editor
Tuesday, June 20 - 2006 at 17:00 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

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