AL-KHODARI WINS CONTRACT TO BUILD STORM WATER DRAINAGE NETWORK WORTH SAR 12505 MILLION

Abdullah A. M. Al-Khodari Sons Company announces receipt of award letter from the Ministry of Municipal & Rural Affairs (Riyadh Municipality) that has been accepted by the Company on 18/08/2013 for Construction of Storm Water Drainage Network in Murooj, Massif and Nakhil Districts in Riyadh in 30 months from the date of site handing over valued at SAR 125,532,601 (One Hundred twenty Five Million Five Hundred Thirty Two Thousand Six Hundred One Riyals). A further announcement will be made upon contract signing including the expected start of the financial impact.