Tadawul and J.P. Morgan to Support the Development of Investor Relations in the Kingdom of Saudi Arabia

Saudi Arabia, October 4, 2011  – J.P. Morgan and Tadawul, the Saudi Stock Exchange, jointly hosted a training workshop this week to  develop investor relations (IR) expertise in Riyadh.   

J.P. Morgan and Tadawul have developed a first of its kind workshop designed to promote international IR best practices by providing a professional development platform for listed company executives and investor relations departments. Forty one listed companies were represented in the workshop from the corporate community, based in Riyadh. The workshops covered a multitude of investor relations topics, including investor presentations, the important role played by investor relations officers and the communication tools available to them.

Mr. Abdullah Al-Suweilmy, CEO, Tadawul said: “We are very pleased with the launch of the investor relations initiative. The objective is to raise awareness of the IR role in the Saudi capital market. The workshops attracted senior participation from listed companies which demonstrates the priority of the topic. We will continue to work with our listed companies to promote the quality of the market and its constituents.”    

Mr. Abdulaziz Al-Helaissi, Senior Country Officer of J.P. Morgan in Saudi Arabia commented: “This is a significant event for J.P. Morgan in Saudi Arabia and we are very pleased to be working with Tadawul to help support the development of investor relations in the region.  We are proud to be instrumental in addressing the educational needs of the country’s major corporations and welcome this opportunity to add value in the Saudi market.”

About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, WSS leverages the firm’s global scale, leading technology and deep industry expertise to service investments around the world. It has $16.6 trillion in assets under custody and $7.5 trillion in funds under administration. For more information, go to www.jpmorgan.com/wss.  
 
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small-business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

About the Saudi Stock Exchange
The Saudi Stock Exchange (Tadawul) was established in 2007 as an independent corporate body. Tadawul is the sole stock exchange of Saudi Arabia and is the leading stock exchange in the middle east with a market capitalization of SR 1,214 Billion (USD 323.8 Billion). Tadawul provides trading, clearing and settlement services for listed securities (Equities, Bonds, Sukuk and ETFs). Tadawul also operates the securities depository and provides registrar services. The Saudi Stock Exchange licenses real-time and historical market data to a wide range of local and global distributors.  For more information, please visit www.tadawul.com.sa .

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