Kuwait, November 25, 2007: Gulf Bank was the first company in Kuwait to start the private sector involvement in actively supporting and sponsoring the National Union of Kuwaiti Students in 2000, and the bank is very proud to be continuing that tradition for the seventh year with its support of the forthcoming conference in Los Angeles, where Gulf Bank will be the Gold Sponsor.

The sponsorship will help NUKS organize their 24th annual conference for Kuwaiti students in the US, which this year will be held from 22st " 25th of November in Los Angeles, with the theme of "Countdown".towards a Kuwait of Tomorrow".

"We are very proud to sponsor Kuwaiti students anywhere in the world and have been doing so since the year 2000," said Bassam Y. Alghanim, Chairman and Managing Director of Gulf Bank. "Gulf Bank is committed to supporting the education and development of young Kuwaitis as they make their way in the world.".

"By assisting Kuwaiti students, who have travelled abroad to study at some of the world's best universities, NUKS performs a highly important role for Kuwait. NUKS students benefit from high-quality academic learning and unique life experiences which will be invaluable in their future professional careers. They are also wonderful young ambassadors for Kuwait in the US and other countries.

"Gulf Bank already supports Kuwaiti students through our summer internship programmes and our Red programme is the leading banking service for university students in Kuwait. The NUKS sponsorship is an extension of our investment in the development of Kuwaiti talent," Mr. Surour Alsamerai, GM Human Resources added.

"Gulf Bank has also sponsored Injaz, a non-profit organization that teaches Kuwait's students the fundamentals of business and economics and gives them the skills and confidence to achieve success in the real world of business. This reinforces the Bank's ongoing support for this outstanding group of young Kuwaitis," Mr. Alghanim concluded.