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United Bank issuing 300% paid up shares

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See the following from Warka Bank:

Dear Warka Investors, United Bank will be issuing 300% paid up shares at the price of IQD (1) per share for those shares owned prior to holding its general assembly meeting. Investors are kindly requested to submit their signed authorization letters to purchase the paid up shares by May 26th 2009 and any request received after this date will be considered null and void by our bank.

Best regards,

ISX Department Warka Bank for Investment and Finance

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