The Board of Directors of the Saudi Investment Bank is pleased to invite the shareholders to the Extraordinary General Assembly Meeting to be held at 06:30 p.m. on Wednesday, February 28, 2007

Agenda

Approval of Board of Directors report to the shareholders on SIB's results for the year ending December 31, 2006.
Approval on SIB's financial statements for the year ending December 31, 2006.
Releasing the Board of Directors from further responsibility for the period from January 01, 2006 to December 31, 2006.
To approve an increase in the Bank’s capital by an amount of SR 1,503,910,000 through capitalizing a part of the Retained Earnings Account by issuing 150,391,000 bonus shares on the basis of 1 share for each 1.6 outstanding shares. The bonus shares to be distributed among the Bank’s shareholders as of the end of the trading on Wednesday, 10/02/1428 H corresponding to February 28, 2007 G.
Amendment of Article (8A) of SIB's Article of Association in respect of a capital increase of SR 1,503,910,000 to become SR 3,910,160,000.
Approval of the board's proposal to select external auditors for the year 2007, and establishing relevant fees