RIYADH, 4 July 2006 — Chairman of SABB Sheikh Abdullah Bin Mohammed Al-Hugail, has announced that the bank’s board of directors has approved the distribution of a net interim dividend of SR1.5 per share (after deduction of Zakat) subject to obtaining the official approvals of the authorities. This will result in a total gross interim dividend payment of SR609.4 million before deduction of Zakat, representing an increase of 15.9 percent over the same period last year.After having obtained the official approval of the authorities, the dividends will be credited on July 23, to the accounts of SABB shareholders who hold accounts linked to their investment portfolios and who are registered in the bank’s share registry as on July 15, 2006.