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NOTICE OF MERGER OF KAMCO INVESTMENT COMPANY (K.S.C.) PUBLIC AND GLOBAL INVESTMENT HOUSE (K.S.C) CLOSED

Reference is made to the captioned subject. As you are aware, the manager of the GMFA, Global Capital Management Ltd. (the "Manager"), is a wholly owned subsidiary of Global Investment House (K.S.C.) Closed ("Global"). The purpose of this notice is to inform you that the Capital Markets Authority and the Ministry of Commerce & Industry of the State of Kuwait has approved a merger of Global and KAMCO Investment Company (K.S.C.) Public and the merger has been completed. Therefore, the legal name of the Manager's parent is now KAMCO Investment Company (K.S.C.) Public. Please note that this notice is for the information of GMFA shareholders only and accordingly no action is required to be taken in relation to the above.

Contact Information:
Jarvis Investment Management Ltd
78 Mount Ephraim
Tunbridge Wells Kent TN4 8BS
Tel: +44 (0) 1892 510515
Email:
deal@jarvisim.co.uk

For further information please contact:
Nick Crabb
Jarvis Investment Management
Tel: 01892 700 814

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