Arab Moltaqa Investments Company (AMIC) Announces an expected Increase in its Cash Flows

In light of the decision of Egyptian Financial Supervisory Authority (EFSA) permitting Arab Engineering Industries Company to start the procedures of reducing the issued capital of the company by reducing the nominal value of shares from EGP 10 to EGP 7.5, and retaining the number of shares as is, and also amending of Articles (6, 7) of the Company’s Statute.
AMIC, under its ownership of 50.76% of the Arab Engineering Industries Company, will receive an amount of EGP 3.8 million, through representing EGP 2.5 per share, leading to an increase in AMIC’s cash flows.

For Further Information:
Investor  Relations Contacts
Raghda El-Zahhar
Investor Relations Manager
Tel: +202 25256050
Fax: +202 25256079
E-mail: ir@amic-eg.com
Notes to Editors:
Within this statement, we may make forward-looking statements regarding future events or the future performance of the Company. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should be aware that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. When relying on forward-looking statements, you should carefully consider the political, economic, social and legal environment in which Arab Moltaqa Investment Company (AMIC) operates. Such forward-looking statements speak only as of the time of this release today. Accordingly, AMIC does not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise other than as required by applicable laws, the Listing Rules or Prospectus Rules of the Egyptian Financial Supervisory Authority or the Egyptian Exchange. The documents filed from time to time with these authorities may identify important factors that could cause actual results to differ materially from those contained in any forward-looking statements.