Due to the amendment of Article No. 16 in respect to the membership of the Board of Directors  in the company's Articles of Association, SABIC is pleased to announce the opening of nominations for two additional independent members to represent private sector shareholders in the Board of Directors, to complete the office term  of the private sector's representatives for the period 2010 - 2012. Anybody who finds in himself the ability and competence may apply for nomination to the Nomination and Remuneration Committee at the addresses set forth below, no later than  17/4/1433H (10/3/2012), subject to the conditions contained in the Ministry of Commerce's Circular No. 3245/9362/222 dated 18/06/1412H, the most important of which:

1. A notification duly signed by the candidate shall be submitted to the company including introduction in terms of his biography, qualifications and experience in the field of business.
2. The candidate who has already held membership of the Board of Directors of one of the joint stock  companies must indicate the number and date of his membership in the boards of joint stock companies, along with the committees in which he was a member.
3. A statement of the joint stock companies in which he is still a member.
4. A statement of companies or institutions in which he participates in management or ownership and are engaged in similar business of the company.
5. The candidate shall not hold membership of the Board of Directors of more than five joint stock companies listed on the stock market at one time
6. If the candidate has previously served as member of the Board of Directors of the Saudi Basic Industries Corporation (SABIC), he shall be required to attach a statement of candidacy from the company's management for the last session during which he took over membership of the BOD, including the following information:
A) The number of board meetings that took place during each year of the office term and the number of meetings attended by the member and the percentage of attendance to the total meetings.
B) Standing committees, in which the member has participated and the number of meetings held by each committee of these committees during each year of office term as well as the number of meetings attended and the percentage of the total attendance of meetings.
C)  A clean and clear copy of Personal status ID card and contact numbers of the candidate shall be attached with the application for membership
The candidate shall fill out form # (3) issued by the Capital Market Authority per Circular No. 04/2359 dated 12/04/1431H using this link: http://www.cma.org.sa/Ar/FormsSite/Documents/f3.doc  and shall sign and send it to the Nomination and Remuneration Committee. He shall provide a certified Arabic translation of any documents written in foreign language.

For inquiries please contact the following addresses:
Saudi Basic Industries Corporation (SABIC)
Investors Department
Box 5101 Riyadh 11422
Tel: 2258000-01 Ext (2)
Fax: 2259766-01
Nomination and Remuneration Committee.
Fax: 2259766-01
E-mail: shares@sabic.com