| CHAIRMAN'S MESSAGE |
Mr. Essa Al Essa
Chairman & CEO
Dear Shareholders,
It is my pleasure to present to you the 32nd Annual Report
of the UIC for the financial year ended December 31,2010, and to review major developments and events during the year...... |
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UIC Shafafiyah (Transparency) Investorâ s Forum 2011
UICâs 2011 Shafafiyah (Transparency) presentation was released on March 9th, 2011. It has a review of last year
and financial guidance for this year to shareholders, partners, financial analysts and institutional investors.
Click here to download an English copy of UIC 2011 Investor presentation.

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| Invester Relations
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| UIC's Investment Portfolio |
| With an eye on diversification of income sources and risk distribution, the Company opted to capitalize on its capabilities and expertise in establishing a portfolio of shares of industrial companies listed on Kuwait Stock Exchange. This choice resulted in manifest positive effects on the operating results in terms of generating additional revenues. |
| At this stage, this activity is viewed as a source of an additional stable and consistent income stream. |
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