Kuwait - June 3, 2010: Global Investment House (Global) and Gulf Bank announced today in a joint press release that they have signed an agreement whereby the Bank acts as a sales agent for selected investment funds managed by Global and investing in the Kuwait and GCC Equity markets. The agreement, which was signed by Mr. Bader AL-Sumait, Chief Executive Officer of Global and Mr. Michel Accad, Chief General Manager & CEO of Gulf Bank, will see Gulf Bank offering its Priority Banking clients the opportunity to invest in Global GCC Large Cap Fund and Global GCC Islamic Fund . Mr. Michel Accad said, "We are pleased to sign this agreement with Global as we are constantly seeking to offer our clients extra services and quality investment products. Our Priority Banking clients now have the opportunity to invest in some highly-rated funds, which we have selected after conducting extensive due diligence.'Mr. Bader AL-Sumait stated, 'We are delighted by Gulf Bank's decision to offer two of our funds as a start to their Priority Banking clients as this reflects their belief that our products will add value to their elite clients' investments. We are happy to offer Gulf Bank Priority Banking clients Global's value-added products and services in addition to the high-level services they are accustomed to receiving from Gulf Bank.' The Global GCC Large Cap Fund offers diversified exposure to large cap stocks listed on the GCC exchanges. It invests in multiple sectors and growth/ value categories and adopts a disciplined investment approach that depends on a research-intensive investment process. The Global GCC Islamic Fund invests in Shari'ah-compliant securities listed on the GCC stock exchange markets. Both Global GCC Large Cap Fund and Global GCC Islamic Fund have recently been awarded Standard & Poor's (S&P) 'A' fund management rating in recognition of their solid performance relative to their respective benchmarks and peers. Global has a long history of being recognized as one of the leading asset management firms in the region with a highly experienced team of professionals offering a wide spectrum of investment services for institutional and retail clients. The total assets under management stands at USD 6 billion through portfolios and funds in various asset classes and strategies. Global adopts a disciplined and well thought-out investment process supported by proven research methodology and risk management philosophy. The pro-active initiatives coupled with prudent investment policies have allowed Global to generate superior risk-adjusted returns for its clients across various investment products. Gulf Bank Priority Banking is a premium banking service offering personalized and preferential treatment coupled with a suite of banking products and services designed to meet the customers'financial needs. Priority Customers are assigned a dedicated Priority Personal Banker who manages all their banking requirements and provides them with financial solutions to grow their wealth. The Personal Banker is available on Priority floors at the following branches: Adan, Audiliya, Dahiyat Abdullah Al Salem, Fahaheel 2, Farwaniya, Jabriya, Mubarak Al Kabeer (Head Office), Nuzha, Salmiya (Co-op), Shaab, Sharq, Surra, Shuwaikh Main and Shuwaikh Port. Personal Bankers can even pay customers a visit at their convenience in their office or home.