Global Inv House GLOB Appointment of New Directors

  Global Inv House (GLOB) - Appointment of New Directors

RNS Number : 6070N
Global Investment House KSC (c)
01 October 2012

                         Appointment of New Directors

Kuwait - 1 October 2012 - Global Investment House ("Global" or the  "Company") 
announced that Mr. Abdullah Soud AL-Bader and Mr. Khalid Nasser AL-Shamsi have
joined the Company's board effective today. Mr. AL-Bader was nominated on the
Company's board  by  AL-Ofoq  AL  Arabia Real  Estate  Company.  Whereas,  Mr. 
AL-Shamsi was nominated by AL-Bareeq Holding Company to assume the board  seat 
made vacant recently by the resignation of Mr. Alan H. Smith who served on the
Company's board since 2007.

The Chairperson & Managing Director, Maha Al Ghunaim thanked the outgoing
member of the board for their valuable contribution, especially during the
recent period of turbulence, and welcomed the new members of the board and
expressed utmost confidence in the new board to provide strategic leadership
and direction, considering their experience and background.

For further information:

Moustafa Zantout

Senior Vice President

Marketing & Communications

Global Investment House

Tel: (965) 2295 1615

Fax: (965) 2295 1638


                                   - End -


                     This information is provided by RNS
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BOALLFLFIILLIIF -0- Oct/01/2012 12:12 GMT
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