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AGM to be held 22 May 2011

First Bahrain announces that the Annual General Meeting of the shareholders for the year ended
31 December 2010 is scheduled for 22 May 2011. The meeting will be held at 11:00 at its offices which are located on the 15th floor of the Al Khaleej Tower on Abu Baker Al Sadeeq Street in Al Qibla, just north of the Sheraton Hotel.

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First Bahrain Repays $1.5 Million Loan

First Bahrain, an innovative regional real estate developer, announced today it has repaid in full a US $ 1.5 million loan to Kuwait Finance House (KFH). Maintaining its solid liquidity, the company repaid on the maturity date the three year term loan issued by KFH in 2008 to provide the initial funding for First Bahrain’s flagship project Majaal, an SME-focused warehousing facility.