May 21 (Reuters) -Following are terms and conditions

of a bond priced on Tuesday.

Borrower Dar Al-Arkan Sukuk Company Ltd

Guarantor Dar Al-Arkan Real Estate Development Company

4300.SE

Issue Amount $450 million

Maturity Date May 24, 2018

Coupon 5.75 pct

Reoffer price 99.465

Reoffer Yield 5.875 pct

Spread 486.5 basis points

Underlying govt bond Over Mid-swaps, equivalent to 502.8bp

over the 0.625 pct april 2018 UST

Payment Date May 24, 2013

Bookrunners (s) Bank Alkhair, Deutsche Bank, Emirates NBD Capital &

Goldman Sachs International

Lead Manager(s) Masraf Al Rayan & QInvest

Ratings B+ (S&P)

Listing Ireland

Full fees Undisclosed

Denoms (K) 200-1

Governing Law English & Saudi

Notes Launched under issuer's Trust Certificate

Issuance Programme

ISIN XS0937237831

Security details and RIC, when available, will be

on ZHYB

Customers can right-click on the code for

performance analysis of this new issue

For ratings information, double click on RRS0001

For all bonds data, double click on BONDS

For Top international bonds news TOP/DBT

For news about this issuer, double click on the issuer RIC,

where assigned, and hit the newskey (F9 on Reuters terminals)

Data supplied by International Insider.

((EMEA Fixed Income Desk Bangalore; bharat.katal@thomsonreuters.com;

Reuters Messaging bharat.katal.reuters.com@reuters.net;

+91 80 4135 5666, fax +44 20 7542 5285))