QATAR ISLAMIC INSURANCE ANNOUNCES PRELIMINARY 2009 FINANCIAL RESULTS AND RECOMMENDS 25% CASH DIVIDEND DISTRIBUTION

Qatar Islamic Insurance announces the preliminary financial statements for the year ended December 31, 2009. The preliminary financial statements showed a net profit of QR 34.3 million in 2009 versus QR 68.5 million in 2008.

The company EPS amounted to QR 2.28 in 2009 compared to QR 4.57 in 2008.

The company also will recommend to the AGM the distribution of 25% cash dividend, equivalent to QR 2.5/share, expected to take place on March 9, 2010