Invitation to Ordinary and Extraordinary General Assembly

Invitation to the Ordinary and Extra Ordinary General Assembly, to be held on Monday March 10, 2008 at 6:00 pm, in Simsima Ballroom-Millennium Hotel, Doha-Qatar

The Board of Directors of SALAM INTERNATIONAL INVESTMENT LIMITED (Q.S.C) is pleased to invite you to the Ordinary and Extra Ordinary General Assembly, to be held on Monday March 10, 2008 at 6:00 pm, in Simsima Ballroom-Millennium Hotel, Doha-Qatar to discuss attached Agenda.


In case the quorum is not met, second meetings will be held on, Wednesday March 19, 2008 at 6:00 pm, in Simsima Ballroom-Millennium Hotel, Doha - Qatar.

Remarks:

  1. In case you are unable to attend for any reason, please authorize another shareholder to attend the meetings on your behalf, using the proxy form attached. Please sign the proxy form and return to the Investor Relation Department.
  2. All shareholders are kindly requested to arrive at meeting venue by 5:00 pm.
  3. Please bring proper identification to the meeting and this invitation.


Issa Abdulsalam Abu Issa
Chairman

Agenda of the Ordinary General Assembly:

  1. Hearing the Chairman's Statement and the report of the Board of Directors on the company's activities and its financial position for the financial year ended on 31/12/2007 & future business plans.
  2. Hearing & approving the Auditors report on the company's financial statements for the financial year ended on 31/12/2007.
  3. Discussing & approving the Company's balance sheet and income statement for the financial year ended on 31/12/2007.
  4. Approving the BOD recommendation to distribute bonus shares of 12.5% of paid up capital (one share for every eight shares).
  5. Absolving the board of directors from responsibility & approving their remuneration for the financial year ended on 31/12/2007.
  6. Authorizing the BOD to buy, sell, mortgage & lease, and to obtain the necessary loans & banking facilities to operate the company and its subsidiaries.
  7. Appointing external auditors for the financial year 2008 and determine their fees.

Agenda of the Extra- Ordinary General Assembly:

  1. Approving the increase of the company's paid up capital by 12.5% from QR 828.015.000 to QR 931.516.875, and amending article 7 of the company's bylaw to increase the paid up capital to QR 931.516.875.
  2. Waiving the rights of shares' fractions, and authorizing the BOD to take the appropriate action concerning the shares' fractions resulted from the distribution of bonus shares.

Proxy Form:

Shareholder No/
No of shares/

I, the undersigned,--------------------------------------

As a shareholder of SALAM INTERNATIONAL INVESTMENT LIMITED. (Q.S.C)

hereby appoint:-----------------------------------------

who is a shareholder in the company, as my proxy and authorize him/her to attend and vote on my behalf at the Ordinary and the Extra Ordinary General Assembly to be held on Monday March 10, 2008 at 6:00 pm. at Simsima Ballroom-Millennium Hotel, Doha-Qatar or on any other day if this meeting is postponed.

Date:----------------------------------------------------------------
Name:----------------------------------------------------------------

Signature:---------------------------------------------------------

Notes:

  1. Please note that Board Members may not be your proxy, and in all circumstances, the number of shares held by a proxy should not exceed 5% of the company's shares; (4,140,075 shares).
  2. Any markings or changes in the proxy letter will void the proxy letter.
    3- It is not permitted to proxy a vote to a non-shareholder of the company and to a Board Member as well.