The Petrochemical and Refining Rabigh Company (Petro-Rabigh) today announced the floatation of 219 Million Shares for subscription that represent 25% of the Company's total capital. The subscription price for each share is fixed at SR 21 including SR 10 as nominal value and SR 11 for issuance allowance. The following is the general Information about the Company: Capital: SR 8, 760 Million. Shares number: 876 Million shares. Number of shares set for floating for subscription: 219 Million shares. Its percentage to the Capital: 25%. Floating price:SR21 Floating dates: January 05-12,2008. The minimum limit for subscription is ten shares while the Maximum limit are Million Shares. The Company will collect from this floating operation SR 4,599 Billion. --More