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Viewing this information may not be lawful in certain jurisdictions. In other jurisdictions only certain categories of person may be allowed to view this information. Any person who wishes to view this site must first satisfy themselves that they are not subject to any local requirements which prohibit or restrict them from doing so. Any securities of Kuwait Projects Company (Holding) KSC (Closed) ("KIPCO") discussed or referred to in the materials you are seeking to access have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Accordingly, any such securities may not be offered or sold in the United States or to U.S. persons (as such terms are defined in Regulation S under the Securities Act) unless such offer or sale is registered under the Securities Act or an exemption from registration is available. Hedging transactions involving such securities may not be conducted unless in compliance with the Securities Act. Such securities also have not been registered under the applicable securities laws of Australia, Canada, the United Arab Emirates and Japan and may not be offered or sold there or in any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration thereof in, such jurisdiction. If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this web page.

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KIPCO - Work And Beyond

Kuwait City, July 12th, 2010:
KIPCO - the Kuwait Projects Company - has announced the successful completion of a US$500 million (KD 144 million) bond issue under its US$2 billion Euro Medium Term Note (EMTN) Programme.

This pioneering transaction marks the first international bond issue by a private sector corporate from the MENA region in 2010, as well as the first US$ denominated offering from a Kuwaiti institution since 2009. This transaction followed on the back of a highly successful US$500 million 7-year offering from KIPCO in 2009.
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