On behalf of KAMCO’s Board of Directors, I am pleased to announce that as economies worldwide show signs of recovery, we are poised to continue offering value to our clients and returns for our shareholders as we enter 2010.

Since our inception, we have upheld best practices and business ethics – principles considered crucial by global markets for continued growth. 2009 was a year in which market normalization, risk management and corporate governance became subjects of international scrutiny and public dialogue. These factors contribute greatly to ensuring that products and services are in the best interests of all stakeholders. In this regard, I am pleased to report the success of our financial products and services, which are based on prudent structuring and ethical marketing.

As always, our business decisions were motivated by growth potential in investment opportunities and by how well we can prepare ourselves to meet the needs of our stakeholders. These decisions enabled us to emerge as one of the few investment companies in Kuwait to progressively report a net profit quarter after quarter last year.

KAMCO owes its success to the contribution and confidence of our management, staff and stakeholders.  On behalf of the board, I would like to express my gratitude for their hard work. Such success, however, cannot be achieved without the trust our clients continue to maintain in KAMCO.

Sheikh Abdullah Nasser Sabah Al-Ahmed  Al-Sabah
Chairman
KAMCO