Bupa Arabia for cooperative insurance announces the results of the Forth ordinary general meeting assembly to its shareholders which was held on Monday 16/04/1432H.(Corresponding to March 21, 2011G.) at 04:00 pm at Crown Plaza Hotel in Jeddah , under the chairmanship of Chairman of the Board Eng. Loay Hisham Nazer and reached an attendance of ( 56.51 %) of the total shares of the company's 40 million shares pursuant to article 91 of ministry of commerce regulations and article 32 of the company’s By-laws. The agenda has been thoroughly discussed and the results were a unanimous approval of the following:

Resolution (1): Approve the Board of Directors Report for the year ended 31/12/2010 G. (12 Months)

Resolution (2): Approve the Financial Statements and the report of the external auditors for the year ended 31/12/2010 G. (12 Months).

Resolution (3): Selection and appointment of Ernst &Young and KPMG Al Fozan & Al Sadhan as the external auditors to audit the companys accounts and audit fees for the year ending 2011 , based on the Audit Committee’s recommendation.

Resolution (4): Absolve the Board of Directors of their responsibility for managing the company for the year ended 31/12/2010 G. (12 Months)

Resolution (5): Appointment of Mr. Saleh Nasser Al Jasser as an independent Member, to replace outgoing Dr. Mohammed Akef Al Maghrabi.

Resolution (6): Appointment of Ignacio Iribarren as a Board member, to replace outgoing Board Member Mr. Anthony Cabrelli & appointment of Mr. Dean Allan Holden as a Board member, to replace outgoing Board Member Pablo Juantegui, both representing Bupa Investments Overseas Limited.

Resolution (7): Approval of BODs recommendation to approve Bupa Arabia’s Corporate Governance framework , rules for appointing the members of the Audit Committee and the Nomination & Remuneration Committee, definining the term of their office and the procedure to be followed by the Committees.

Resolution (8): Election of new board members for the board directors for a new cycle starting from 24/4/1432 AH corresponding to 29/03/2011 G. for a period of three years and their names were as follows: Eng. Loay Hisham Nazer , Mr. Tal Hisham Nazer , Mr. Abdulhady Ali Shayif , Mr. Saleh Naser Al Jasser , Mr. Aamer Abdullah Ali reza , Mr. William Steven Ward , Mr. Deal Allan Holden , Mr. Ignacio Iribarren