Kuwait, August 13, 2006 Gulf Bank recently announced the 20th winner of its Al Danah  draw. Mr. Ghaleb Mohammed Naeem's  name was drawn as the fourth Al Danah winner to win an amount of KD  290 000  in 2006 in front of a large crowd in the central dome area at Marina Mall on the 31st July 2006. In addition to the Al Danah draw, Gulf Bank also announced winners for the RED and Freedom student account draws. Exciting monthly draws with valuable prizes are one more reason why Gulf Bank was recently named the Best Retail Bank in the Region by Banker Middle East for the second consecutive year.

Gulf Bank's General Manager for Retail Banking, Mr. Nazem Al-Qenaie commented: "It is always a delight to announce a new Al Danah winner  and change that person's life.  This month's winner is from Lebanon which makes it all the more unique and special. " He added, "We look forward to making many more customer's dreams come true throughout 2006."

The lucky winner, Mr. Ghaleb Mohammed Naeem is a Hawally  Branch  customer. Upon receiving this wonderful prize he said  : "Winning the Al Danah prize means a lot to  me and my family,   who have recently witnessed the destruction of our home in Lebanon.  This prize could not have come at a more opportune time." He  concluded, "We are so thankful to Gulf Bank for this unbelievable prize."

Gulf Bank also announced Mr. Abdulla AlZahameel, a Jaber Al-Ali Branch  RED customer, as the winner of a Toshiba laptop. In addition to providing the highly desirable monthly prize draw for a Toshiba laptop, RED also offers biannual opportunities to win a Hummer H3.

Gulf Bank's Freedom account offers specially selected prizes to suit the needs and interests of typical Kuwaiti students. Ms. Mennatallah Marzuq Mreei , a customer of the Fahaheel   branch, won a highly-desirable I-pod video. The Freedom saving account requires no fees, regardless of the balance in the account. Customers who open an account automatically receive a complimentary value kit that includes a free line from MTC and Xcel co., Internet Card from Fasteleco and a booklet of discount coupons with leading retail stores and restaurants in Kuwait.

The winner of the "Salary for Life" was Mr Owayed Bardan Jaaed Thani, a Jahra Branch customer while the KD150 prize winners were Ms. Khadija Sulaiman Al Sabt, Hawally  Branch and Ms. Suad Albheili Al Rashidi, a customer at the  Central Sales branch.

Gulf Bank's unique Al Danah  account and other targeted accounts offer more opportunities to win than any other financial institution in Kuwait. To open a Gulf Bank account, participate in upcoming draws and gain further value-added benefits, stop by one of the 35 branches throughout Kuwait or call the Bank's hotline 805805. Customers can also log on to www.e-gulfbank.com, Gulf Bank's bilingual website, to get answers for their questions regarding all Gulf Bank products and services.