YANBU NATIONAL PETROCHEMICAL COMPANY (YANSAB) ANNOUNCES THE INTERIM FINANCIAL RESULTS FOR THE PERIOD ENDED AT 30/6/2012 (SIX MONTH) 15/07/2012

1.Realized net profit of SR 649.61 Million for the 2Q2012 compared to SR 963.67 Million for the same quarter last year with a decrease of 32.6% and compared to SR 720.27 Million for the previous quarter with a decrease of 9.8%

2.Realized gross profit of SR 824.89 Million for the 2Q2012 compared to SR 1,139.46 Million for the same quarter last year with a decrease of 27.6%

3.Realized operating profit of SR 764.85 Million for the 2Q2012 compared to SR 1,083.66 Million for the same quarter last year with a decrease of 29.4%

4.Realized net profit of SR 1,369.87 Million for the 6 month period compared to SR 1,681.51 Million for the same period last year with a decrease of 18.5%

5.The earning per share for the 6 months period was SR2.435 compared to SR2.989 for the same period last year

6.Realized gross profit of SR 1,731.88 Million for the 6 month period compared to SR 2,030.91 Million for the same period last year with a decrease of 14.7%

7.Realized operating profit of SR 1,610.35 Million for the 6 month period compared to SR 1,930.71 Million for the same period last year with a decrease of 16.6%

8.The decrease in profits for 2Q2012 and the 6 month period compared to the same quarter and period last year is due to lower products sale price despite the increase in production and sales volumes which resulted from continuous operational improvement.

The decrease in profits for 2Q2012 compared to the previous quarter is due to lower products sales price.

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