In reference to The National Petrochemical Company (Petrochem) previous announcement on 11/11/2012 on Tadawul's website, regarding the temporary shutdown of its joint venture project, the Saudi Polymers Company. Petrochem announces that it expects the shutdown to be extended due to ongoing maintenance work being done. And although it is still difficult to give an accurate date for the restart of the project, it is anticipated that the project will be back in production during the month of January 2013. Petrochem will announce once the project is back in production.
Additionally, Petrochem would like to inform its shareholders that its initial results for the months of October and November of this year show loses of around SR264 million.

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