Any listed shareholding company may request to delist its Shares from an Exchange in pursuant to the following terms and conditions: 1. Disclosing on the Exchange about the company’s Board of Directors recommendation to delist from the Exchange and providing reasons for such a decision. 2. Obtaining the approval of the general assembly to delist. 3. Providing the Authority with the reasons of delisting. 4. Obtaining the approval of the Authority. 5. Specifying the date of delisting from the Exchange at least six months in advance after the approval of the Authority without including the period of suspension of trading the shares within this period. 6. The company shall provide the Authority with an undertaking guaranteeing payment of any amounts or liabilities due from the company to all the relevant parties throughout the period of listing the company on the Exchange. 7. Arranging with a Clearing Agency for payment of any liabilities on the company towards the shareholders including cash profits and Shares dividends.