21 January 2018

Aamal Completes the Sale of Treasury Shares Owned by Gulf Rocks Company W.L.L.

Doha, Qatar - January 21, 2018: Aamal Company Q.P.S.C. announces that during the trading sessions that took place on January 2nd, 10th, 11th, 14th and 15th of 2018 - The remaining balance of 85,936 treasury shares of Aamal Q.P.S.C. owned by Gulf Rocks Company were fully sold.

On 27th of August 2017, Aamal Company Q.P.S.C. obtained QFMA's approval to sell a total of 157066 treasury shares owned Gulf Rocks W.L.L., a subsidiary of Aamal. The sales process was completed on 15th of January 2018, in accordance with QFMA's rules and regulations regarding listed companies selling their shares.

Further enquiries

Aamal Company

+ 974 4422 3888

Arwa Hamdieh, Investor Relations & Compliance Manager

(fixed # +974 4422 3888 Ext. 2285)

arwa.hamdieh@aamal.com.qa

About Aamal Company Q.P.S.C.

Aamal is one of the GCC's fastest growing diversified conglomerates and has been listed on the Qatar Stock Exchange since December 2007. As of January 16th, 2018, the Company had a market capitalization of QAR 5.5 bn (US$ 1.5 bn).

Focused on self-financed and profitable growth, Aamal's operations are widely diversified and comprise 24 active business units with market leading positions in the key industrial, retail, property, managed services, and medical equipment and pharmaceutical sectors, thereby offering investors a high quality and balanced exposure to Qatar's wider economic growth and development. Over the ten years to end-2016, the Company has delivered a compound annual growth rate in trading net profit (i.e. before fair value gains on investment properties) of almost 19% a year, with minimal financial leverage.

For further information on Aamal Company, please refer to the corporate website:http://www.aamal.com.qa

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Aamal Company QSC published this content on 21 January 2018 and is solely responsible for the information contained herein.
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