First Investment Company

Recommendations

Date	Research Firm	Action	From	To
17/03/08	Global	Maintain	Outperform	Outperform
10/02/08	Global Investment House	Maintain	Outperform	Outperform
16/12/07	Global Investment House	Maintain	Outperform	Outperform
20/11/07	Global Investment House			Outperform

	2007	2008	2009
Outperform	2	2	0

NCBC - KSA Deal Monitor: November 08 Saudi Arabia - NCB Capital - 04 December 2008
abu dhabi private equity fund to acquire orasinvest UAE - Al Bawaba News - 24 November 2008
Abu Dhabi private equity fund to acquire Orasinvest UAE - Al Bawaba News - 22 November 2008
SHUAA Capital - GCC Morning Brief Oman - SHUAA Capital - 18 November 2008
Univest - Kuwait Monthly Economic Brief Kuwait - Univest Group - 11 November 2008
$200m Islamic bank launched in Bahrain Bahrain - Gulf Daily News - 09 November 2008
NCB - Market Review & Outlook Saudi Arabia - National Commercial Bank - 02 November 2008
NCBC - KSA Deal Monitor: October 08 Saudi Arabia - NCB Capital - 02 November 2008
First Investment Bank launches in Bahrain Bahrain - AME Info - ME Company Newswire - 28 October 2008
US$200 million Islamic Investment Bank launched Bahrain - Press Release - 28 October 2008