Riyad Bank announces the commencement of the offer of its U.S. dollar denominated tier 2 capital sustainable notes under its medium term note programme

The Notes will be listed on the London Stock Exchange's International Securities Market. The Notes may be sold in reliance on Regulation S under the US Securities Act of 1933, as amended.

The Offering End Date referred to above is the expected date of the end of the offering, subject to market conditions.