SAUDI ELECTRICITY COMPANY

(a joint stock company incorporated under the laws of the Kingdom of Saudi Arabia on 30/12/1420H

(corresponding to 5/4/2000G)) with Commercial Register Number 1010158683

Joint Lead Managers, Joint Bookrunners and Underwriters

HSBC Saudi Arabia Limited

Saudi Fransi Capital Company

This Prospectus includes information given in compliance with the Listing Rules of the Capital Market

Authority of the Kingdom of Saudi Arabia (the "Authority"). The Directors, whose names appear in the

"Management and Employees" section of this Prospectus, collectively and individually accept full responsibility

for the accuracy of the information contained in this Prospectus, and confirm, having made all reasonable

enquiries, that to the best of their knowledge and belief, there are no other facts the omission of which would

make any statement herein misleading. The Authority and the Saudi Stock Exchange do not take any

responsibility for the contents of this Prospectus, do not make any representation as to its accuracy or

completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance

upon, any part of this Prospectus.

This Prospectus is dated 27/3/1435H (corresponding to 28 January 2014G)

PROSPECTUS - PART 2 OF 2

PROSPECTUS PART 2 OF 2: THIS MUST BE READ IN CONJUNCTION WITH PART 1 OF 2 OF THE

PROSPECTUS OF SAUDI ELECTRICITY COMPANY AND THE SUPPLEMENTARY PROSPECTUS OF

SAUDI ELECTRICITY COMPANY DATED 27/3/1435H CORRESPONDING TO 28 JANUARY 2014G

(BOTH AVAILABLE ON THE WEBSITE OF THE CAPITAL MARKET AUTHORITY

WWW.CMA.ORG.SA)