SOUTHERN PROVINCE CEMENT COMPANY ANNOUNCES ITS INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED 30/9/2012 (NINE MONTHS)

1. The net profit for the third quarter reached SR 200 millioncompared to SR 180 million for the same quarter of previous year, an increase of 11.11%, against SR 262 millionfor the second quarter of 2012, representing a decrease of 23.66%.

2. The gross profit during the third quarter was SR 206 million compared to SR 197 million for the corresponding quarter last year, an increase of 4.57%.

3. The operating profit during the third quarter was SR 197 million compared to SR 185 million for the corresponding quarter last year, an increase of 6.49%.

4. The net profit during the nine months was SR 746 million against SR 645 million for the corresponding period last year, an increase of 15.66%.

5. The earnings per share (EPS) for the nine months amounted to SR 5.33 against SR 4.60 for the same period of the previous year.

6. The total profit during the nine months was SR 776 million against SR 690 million for the corresponding period last year, an increase of 12.46 %.

7. The operating profit during the nine months was SR 747 million against SR 654 million for the corresponding period last year, an increase of 14.22%.

8. The reason behind the rise in net profit for the third quarter and for the nine months compared to the same period of the previuos year was due to the increase in the demand for cement in the local markets. As for the decrease of the profits of the third quarter compared to the second quarter, it was because of the sales decrease during the month of Ramadan and Eid Al-Fitr holidays.