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AL RAJHI BANKING AND INVESTMENT CORPORATION

AL RAJHI BANKING AND INVESTMENT CORPORATION

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Income and expenses pertaining to transactions with related parties are as follows:(SR’000)(Unaudited)For the nine-month periodended September 30,2008 2007Income from investments 134,302 191,563Other operating income 892 1,058Salaries and employee related benefits (air tickets) 8,757 6,781Rent and premises related expenses 1,797 1,749Board of Directors’ remunerations 2,060 2,056The amounts of compensations recorded in favor of or paid to the executive managementpersonnel are as follows:(SR’000)(Unaudited)For the nine month periodEnded September 30,2008 2007Short-term benefits 20,107 14,772Provision for end of service benefits 819 670The executive management personnel are those persons having authority andresponsibility for planning, directing and controlling the activities of the Corporationdirectly or indirectly.10. EARNING PER SHAREEarnings per share for the periods ended September 30, 2008 and 2007 have beencalculated by dividing the net income for the period by 1,500 million shares toretroactively reflect the effect of the change in number of shares increased as a result ofissuance of bonus shares (Note 8) in accordance with the requirements of IAS 33 -earnings per share.11. CAPIT<strong>AL</strong> ADEQUACYThe Corporation maintains an actively managed capital base to cover risks inherent in itsbusiness. The adequacy of the Corporation’s capital is monitored using, among othermeasures, the rules and ratios established by the Basel Committee on BankingSupervision and adopted by SAMA.- 13 -

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