We would like to inform you that the Board of Directors meeting of Gulf International Services (GIS) was held on Tuesday, April 24, 2012 at 1:30 pm.

Besides other routine matters, the Board of Directors of GIS discussed the following agenda:

1. Update on the proposed acquisition of Amwaj Catering Services Limited.
2. Approval of the equity injection of GDI by the addition of US$70 million in two installments in 2012 & 2013 respectively.