Richard Melson

April 2006

BFA: Saudi Arabia

Bakheet Financial Advisors

Saudi Stock Market Snapshot

As of 11 April 2006

Tadawul All Shares Index :

15,130.76

-6.0%

WWW.BFASAUDI.COM

Contact Details:

Bakheet Financial Advisors

P.O. Box 63762

Riyadh - 11526 Kingdom of Saudi Arabia

Phone : (+966-1) 419-1797 Fax : (+966-1) 419-1899

E-mail: all@bfasaudi.com

Office Hours : 7:30 a.m. to 4:30 p.m (Sat - Wed)
9:00 a.m. to 2:00 p.m (Thursday)

Richard Melson

Bakheet Financial Advisors (BFA)

is glad to announce the addition of new

Web pages/functionality to our website:

WWW.BFASAUDI.COM.

Financial Results - 11 April 2006

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Sincerely,
Bakheet Financial Advisors

About Bakheet Financial Advisors

Bakheet Financial Advisors (BFA) is an independent financial advisory firm established in early 1994 by a group of Saudi bankers who had extensive experience in global asset management. BFA specializes in investment advisory services for the regional stock markets (GCC and the Arab world). Over a period of several years BFA had developed a unique and comprehensive proprietary system covering all the Arab stock markets and listed companies as a tool for its investment advisory services. BFA currently offers the following products and services:

BFA Services, Fund Management:

  • Investment Advisory Service for Saudi and Arab Stock Markets.

  • 1995: Launched and is the Advisor for the First Arab Equity Fund for NCB.

  • 1998: Launched and is the Advisor for the First Middle East Islamic Equity Fund, Al-Rajhi Bank & Invest. Co.

  • 1998: Launched and is the Advisor for the Saudi Trading Equity Fund for NCB.

  • 1998: Advisor for the NCB Saudi Equity Fund.

BFA Services, Financial Information:

  • Weekly Arab Stock Market Review.

  • Weekly Saudi Stock Market Review.

  • Monthly Saudi Mutual Funds Review.

  • Monthly Investment Report.

  • Quarterly Saudi Stock Market Review.

  • Annual Investment Report.

  • Periodic Financial Markets Analysis Reports.

Ereport@BFAsaudi.com

Financial Results - 11 April 2006

Bakheet Financial Advisors

Ereport@BFAsaudi.com

Tuesday, April 11, 2006