<Mobily has expressed its full commitment and cooperation with the competent authorities to take what it deems necessary to protect its interests and those of its shareholders. The Capital Market Authority (CMA) has written to Mobily to assign a specialized team to examine the company's financial statements and all other relevant documents, and to visit the company's offices in preparation for completing the necessary legal procedures to uncover the causes of the company's loss of 913 million riyals.

The CMA had recently issued a decision to suspend the trading of Mobily's shares. The Capital Market Authority (CMA) recently issued a decision to suspend the trading of Mobily shares in the Saudi market until the company discloses the details of the causes of the loss, in light of the company's announcement of achieving a net profit of 220 million for the initial period ending on 31/12/2014 (12 months), and disclosing any other relevant material developments, confirming that it will then consider whether or not to continue suspending the trading of the company's shares.

The CMA has recently issued a decision to suspend the trading of Mobily's shares in the Saudi market until the company discloses the details of the causes of the loss.