Kuwait, November 2nd 2006: As a Platinum Sponsor of the First Kuwait & Middle East Conference for Combating Money Laundering, Gulf Bank is supporting efforts to address an important global and regional issue.

Held under the patronage of the Prime Minister, H.H. Sheikh Nasser Al Mohammad Al Ahmad Al Sabah, the landmark conference begins on Saturday, November 4th, 2006 at the Arraya Convention Center. The conference will discuss the latest regional risks and trends in money laundering, and ways in which financial institutions and regulatory authorities can work together to combat the problem.

"Money laundering is a potentially serious issue for the banking industry in the Middle East," said Sana Juma, Acting Chief General Manager of Gulf Bank. "All financial institutions have a responsibility to be vigilant and to ensure that effective checks and control systems are in place to prevent this crime. As one of Kuwait's leading banks, Gulf Bank is at the forefront of these efforts and we are proud to sponsor this high-level regional conference on money laundering"