The Minister of Commerce and Chairman of the Exchange's Board of Directors:

After perusal of Decree Law No. (23) of 1973 establishing the Bahrain Monetary Agency and its Amending Laws;

And Decree Law No. (28) of 1975 regarding the Commercial Companies Law and its Amending Laws;

And Decree Law No. (4) of 1987 pertaining to the establishment and organization of the Bahrain Stock Exchange;

And the Minister of Commerce and Agriculture's Resolution No. (13) of 1988, pertaining to the Internal Regulations of the Bahrain Stock Exchange;

And upon the submission of the Director of the Bahrain Stock Exchange;

And after the consent of the Exchange's Board of Directors.

RESOLVED AS FOLLOWS: