QATAR ISLAMIC INSURANCE COMPANY ANNOUNCES ALL ITEMS LISTED ON THE BOARD OF DIRECTORS AGENDA EXPECTED MARCH 9, 2010

Qatar Islamic Insurance Company announced the agenda of the ordinary Annual General meeting (AGM) that will take place on Tuesday, March 9, 2010 at Simsima Hall of the Millennium Hotel, at 4.00 p.m. ( or on Sunday 21.3.2010 at the same time and venue in case the desired quorum for the Meeting is not achieved). The AGM will discuss following agendas

The Agenda of the Ordinary AGM:

  1. To hear the report of the Board of Directors on the activities of the Company and the financial position for the Year ended Dec 31, 2009 and future plans of the Company.
  2. To hear and approve the report of the Sharia Supervisory Board for the Financial Year ended Dec 31, 2009.
  3. To hear and approve the Independent Auditors report on the Companys financial statements presented by the Board of Directors for the Financial Year ended Dec 31, 2009.
  4. To discuss and approve the Company Policyholders and Shareholders financial statements for the Year ended Dec 31, 2009.
  5. To approve the recommendation made by the Board to Distribute cash dividend of 25 % of the shares nominal value, i.e. QR 2.5 for each share held, to the shareholders for 2009.
  6. To absolve the Board of Directors from responsibility for the Financial Year ended Dec 31, 2009 and to determine their remuneration for the year 2009.
  7. To appoint the Independent Auditors for the Financial Year 2010 and to determine their fees.