In cooperation with KPC, the Company, represented by the Insurance
Team (Financial Systems &Control Group), recently organized a technical
workshop on the terms of the Liability Insurance Policy and
handling claims, at the Hubara Center Assembly Hall in Ahmadi.

DCEO S&EK Mr. Bader Al-Munaifi,
DCEO Commercial & Corporate Services Mr. Abdul Wahab Al-Mithin, Manager
Risk Management (KPC) Bader Al-Shumaimri, Abdulaziz Dashti, Manager Risk &
Insurance Management (KPC), representatives of K-Companies, as well as
representatives of Willis Insurance and Gulf Insurance attended the workshop.

Team Leader
Insurance Khaled Al-Ajmi opened the first of the two-day workshop (the second
day was held at KPC headquarters in Shuwaikh), welcomed the attendees and
thanked them for participating. Then, representatives of concerned insurance
companies delivered presentations, which contain detailed explanation of the
Civil Liability Policy for Higher Management in the oil sector.

The insurance policy covers the decision-making process at
different levels of management, taking action and implementing decisions as well as handling consequent cases filed against K-Companies.