DHAHRAN – Saudi Arabian Oil Company (Saudi Aramco) on Monday announced that it has established a Global Medium Term Note Program and will conduct a series of fixed income investor meetings commencing on April 1, 2019. An offering of US dollar-denominated senior unsecured notes under the program may follow, subject to market conditions.

The notes, if issued, will be admitted to the official list of the United Kingdom Listing Authority and admitted to trading on the London Stock Exchange’s Regulated Market.

This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any security and nor shall there be any offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Notes have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States or to US persons absent registration or an applicable exemption from registration requirements.

This communication does not constitute an offer of any securities to the public in the United Kingdom. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom, (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order, and (iv) any other persons to whom it may otherwise lawfully be communicated or caused to be communicated (all such persons in (i) to (iv) together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

MiFID II professionals/ECPs-only – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels).

This release contains forward-looking statements. All statements other than statements of historical fact included in this release are forward-looking statements. Saudi Aramco believes that the forward-looking statements are based upon reasonable assumptions and expectations. However, you are cautioned that any such forward-looking statements are not guarantees of the future and that a number of risks and uncertainties could cause actual events to differ materially from those anticipated in the forward-looking statements. — SG