AL-BABTAIN SIGNS SUPPLY AGREEMENT WITH SAUDI ELECTRICITY COMPANY

01/08/2012 Tadawul

Al-Babtain Power and Telecommunication announces the signing of supply agreement with Saudi Electricity Company on 01/08/2012 for manufacturing and supply electrical distributes steel Poles. The agreement is valued at SAR 125,150,675 by self-financing and the agreement period is 12 month Starting from the date of signature. The financial impact of this agreement is expected to be in the start of 4th quarter of year 2012. Where this agreement will contribute to the achievement of the expected companys plan 2012-2013.

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