The ordinary general meeting of Etihad Etisalat Company (Mobily) shareholders on Tuesday approved the recommendation of the board of directors to distribute a cash dividend of SR885.50 million for the fourth quarter of 2012 (SR1.15 per share), in addition to the already distributed interim dividend of SR2,100 million for the first three quarters of 2012 (SR3.00 per share). Shareholders entitled to receive the dividend are those registered in the company shareholders register at the end of the trading day on which the ordinary general meeting is held. The total dividend for 2012 reached SR2.986 billion. The dividend will be paid on Feb. 27, through direct transfer to the bank accounts linked to the investment portfolios of the shareholders. It also approved United Electronics Co. (eXtra) as a distributor for Etihad Etisalat Company (Mobily). It also authorized Digital & Electronics Solution Development Co. Ltd. (ZONIK) as a supplier for Etihad Etisalat Company (Mobily). The ordinary general meeting of shareholders likewise appointed Price Waterhouse Coopers (PWC) as the company auditors to review the company financial statements for the financial year 2013 and its quarterly financial statements. — SG