Kuwait, August 1, 2007: Gulf Bank has announced its latest Salary for Life winner, Mr. Othman Thawab Alsebae, who is a customer at the Sabhan Branch.

Othman is the fourth of six Gulf Bank customers to win a guaranteed Salary for Life in 2007, and is the first Sabhan branch customer to win this year. He works at the Ministry of Public Works and has been a Gulf Bank customer since the end of 2006.

Gulf Bank's Sabhan Branch Manager, Nawal Al-Khaldi congratulated Othman on his success:  "I am delighted to know that the fourth Salary for Life winner for this year is a customer of the Sabhan branch. Our customers are very important to us here at Gulf Bank and I wish the very best to Othman and look forward to looking after him for many years to come."

"Customers who transfer their monthly salaries to Gulf Bank will automatically be entered into the draw to win a Salary for Life as well as receive all the other benefits of being a Gulf Bank customer," added Mahmoud Sadek, Consumer Segment Manager for Gulf Bank. "We are happy to provide comprehensive financial advice and a secure banking service to our customers. In addition, Gulf Bank is offering the American Express Gold card to our salary customers. This is why we are seeing an influx of new salary customers, whether they are first time banking clients or have transferred from another bank."

Gulf Bank will hold the next Salary for Life draw on September 16, 2007. To find out more about Salary for Life or any of Gulf Bank's products, services and exciting prize draws, visit one of the 38 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, for more information.