Jarir Marketing Company announces that Jarir Board of Directors resolves on 19/10/2015 to increase the capital of Jarir Egypt Financing Leasing Company, (a Closed Joint-Stock Company incorporated in Egypt, totally owned by Jarir Marketing), to 15,900% (namely from EGP 500,000 to EGP 80,000,000.

This Capital Increase will be financed from the same finance that Jarir deserved to that subsidiary. The purpose of capital increase is to support and develop the company business activities, on the condition that, to get the final approval of the Egyptian governmental bureaus. Kindly be informed that any development will be announced at the time.