Kuwait, May 5, 2010:  Gulf Bank announced the lucky winner of the first Al Danah quarterly draw prize of KD125,000 at the draw held on April 29 2010 at Gulf Bank's Head Office. Mohamed Hamdalla Mohamed Ahmed, Gulf Bank's Farwaniya 1 branch customer was the winner of the KD125,000 Al Danah first quarterly draw prize.

Gulf Bank's new Al Danah offers weekly draws of KD 1,000 each to ten winners. Quarterly draw winners are eligible to win KD 250,000 in the second quarter draw, KD 500,000 during the third quarter draw, and finally KD 1 million during the fourth quarter.

Opening an Al Danah account is simple and easy. You need to deposit a minimum of KD200 to open an Al Danah account.  Maintaining this minimum balance will automatically allow Al Danah account holders to enter the weekly and quarterly draws as well as the annual draw.  To increase the chances of winning, customers are encouraged to continue saving with Al Danah for the long term.  The more you deposit and the longer you save, the more chances you have to win.

Aly Shalaby, General Manager, Consumer Banking Group at Gulf Bank said, "We congratulate our first quarterly winner, Mr. Mohamed Hamdalla Mohamed Ahmed. It's always exciting to announce our winners' names, and this winner is evidence that everyone stands a chance to win. We are encouraging our customers to keep or increase their money in their accounts so that they can be part of this renowned draw prize. No other bank in Kuwait or across the Middle East is offering its customers the opportunity to win KD1 million in one single draw prize and the Bank is delighted to be rewarding its loyal and growing customer base in Kuwait through the draw."

Mr. Mohamed Hamdalla Mohamed Ahmed said, "I am so happy to have won this prize. I intend keeping the whole amount in my Al Danah account.   This was such a surprise, I have not really thought of what I"m going to do with the money as yet, but it will be used in good faith."

Customers have a choice of several channels to open and / or deposit money into the Al Danah account, either through branches, online, through Telebanking's 24/7 service by simply calling 1805805 or they can even use the Al Danah ATM deposit card to deposit money directly into their Al Danah account at any of Gulf Bank's 24/7 deposit ATM machines.

You can also log on to www.e-gulfbank.com, Gulf Bank's bilingual website, for more information regarding Al Danah or any of the Bank's other products and services or directly link through for information on the Al Danah account and the names of the winners through

www.e-gulfbank.com/aldanah,

Farwaniya Branch Manager Mr. Ali Berjaoui congratulating the

Al Danah first quarterly winner Mr. Mohamed Hamdalla Mohamed

Ahmed