ANNOUNCEMENTS AND DISCLOSURES

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There are no recent updates that could affect the company in a way that results in the unusual activity in trading

With reference to the above mentioned subject and Article 4-5 of Chapter 4 of Book 10 of the executive regulation of Law No.7 of 2010 regarding the establishment of the Capital Markets Authority and regulating securities’ activities and to the email received from Boursa Kuwait about unusual trading on First Dubai real estate development shares on 22/1/2018, kindly find our comment in that regard.