The Board of Directors of the National Commercial Bank has recommended the distribution of dividend to the shareholders For The first half of 2016

The Board of Directors of National Commercial Bank has recommended the distribution of dividend to the shareholders for the period The first half of 2016 as following:

1.Total amount of distribution of dividend SAR 1,200 Millions
2.Divided per share SAR 0.60
3.Divided represent 6% of the Face value.
4.The eligibility of dividends shall be for the shareholders registered in the registers of the Securities Depository Center (Tadawul) on 02-08-2016
5.Details of dividend distribution date : 17-08-2016

We would like to draw the attention to the following regulation regarding the payment of dividend: for foreign non-resident investors the dividend paid by the company is subject to a withholding tax of 5.0% upon transfer to the non-resident investor or credit to its account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.