Saudi Arabian Amiantit Co. - SAAC

To establish own, manage and operate industrial projects as well as to market their products in relation to the company's business and other activities as mentioned in the company by-laws. AMIANTIT has investments in several subsidiaries: Amiantit Fiberglass Industries Ltd. 70%, Amiantit Rubber Industries Ltd. 80%, Ameron Saudi Arabia, Ltd. 69.7%, Bondstrand Ltd. 60%, Saudi Arabian Ductile Iron Pipes Co. Ltd. 75%, Saudi Arabia Concrete Products Ltd. (Sacop) 54.8%, Arabian Fiberglass Insulation Co. Ltd. 51% and Saudi Arabia Plastic Products Ltd. 48.2%.