Board's Decisions 16/08/2011

1. Approve the registration of the 28th issuance of Jordanian treasury bonds for the year 2011 at a maturity date on July 14.2013, at a value of JD (25) million & address the Securities Depository Center (SDC) to register them.
2. Approve the registration of the 6th issuance of National Electricity Company bonds for the year 2011 at a maturity date on July 20.2013, at a value of JD (70) million & address the Securities Depository Center (SDC) to register them.
3. Approve the registration of the 7th issuance of National Electricity Company bonds for the year 2011 at a maturity date on January 24.2013, at a value of JD (24.3) million & address the Securities Depository Center (SDC) to register them.
4. Approve registration of capital increase in shares of Arab International Union Insurance Company of (2) million shares by capitalizing JD (2) million from all returned earnings & voluntary reserves as on December 31st.2010. Distribute these shares as free shares to shareholders; each shareholder according to his contribution in the capital. Fees must be settled as deemed proper. The Board of Commissioners decided that August 29th.2011 is the date to start distributing shares to shareholders according to their contribution in the capital since the 15 day for registering capital increase in shares; August 30th.2011 is an official holiday.
5. Approve registration of capital increase in shares of Dar Al Dawa Development & Investment Company of (3) million shares by capitalizing JD (3) million from returned earnings. Distribute these shares as free shares to shareholders; each shareholder according to his contribution in the capital. Fees must be settled as deemed proper. The Board of Commissioners decided that August 29th.2011 is the date to start distributing shares to shareholders according to their contribution in the capital since the 15 day for registering capital increase in shares; August 30th.2011 is an official holiday.
6. Approve to grant a license to Awraq Investments Company to conduct Issuance Management/Best Efforts businesses. The fees of JD (1000) must be settled as deemed proper & a bank guarantee of JD (100.000) must be submitted to Jordan Securities Commission (JSC). The company must not conduct any businesses or Issuance Management/Best Efforts businesses prior providing the (JSC) with its organizational procedures & taking (JSC) approval on these procedures.
Impose a monetary fine of JD (1000) on Al-Yasmeen for Securities & Investments Company for violating the Board of Commissioners decision of December 13.2007 for the concluding weeks of May 5, 12, 19 & 26.2011, respectively. For June 23 & 30.2011, respectively & for July 7.2011. Within 2 weeks from notifying the company of the Board of Commissioners decision, this fine must be settled & the violation registered in the company professional record. 
7. Approve registration of capital increase in shares of Al-Tahdith Real Estate Investment Company of (300.000) thousand shares by capitalizing JD (200.415) thousand from returned earnings & all voluntary reserves of JD (99585). Distribute these shares as free shares to shareholders; each shareholder according to his contribution in the capital. Fees must be settled as deemed proper. The Board of Commissioners decided that August 29th.2011 is the date to start distributing shares to shareholders according to their contribution in the capital since the 15 day for registering capital increase in shares; August 30th.2011 is an official holiday.
8. Approve registration of capital increase in shares of Jordan Investment & Finance Bank of (7.750.000) million shares by capitalizing JD (7.750.000) million from returned earnings as on December 31st.2010. Distribute these shares as free shares to shareholders; each shareholder according to his contribution in the capital. Fees must be settled as deemed proper.  The Board of Commissioners decided that August 29th.2011 is the date to start distributing shares to shareholders according to their contribution in the capital since the 15 day for registering capital increase in shares; August 30th.2011 is an official holiday.
9. Approve registration of capital increase in shares of Jordan Wood Industries/JWICO of (0.5) million shares by capitalizing JD (0.5) million from returned earnings as on its financial statements on December 31st.2010. Distribute these shares as free shares to shareholders; each shareholder according to his contribution in the capital. Fees must be settled as deemed proper. The Board of Commissioners decided that August 29th.2011 is the date to start distributing shares to shareholders according to their contribution in the capital since the 15 day for registering capital increase in shares; August 30th.2011 is an official holiday.
10. Approve registration of capital increase in shares of Jordan Clothing Company of (700) thousand shares. Offer these shares to Company shareholders through public offer at an issuance price of JD (1) per share. Affect the relevant prospectus & settle fees as deemed proper. The Board of Commissioners decided that August 29th.2011 is the date to start subscription rights to shareholders since the 15 day for registering capital increase in shares; August 30th.2011 is an official holiday.