ALDAR Properties announces the launch of up to USD1.5 billion exchangeable Sukuk

Notes and media contacts

Contact Details

Aldar +971 2696 4718
Shafqat Ali Malik

Barclays Capital
+44 20 7773 8302 / +971 4362 1001
Doug Decker / Jean Marc Lejeune

Credit Suisse Securities (Europe) Limited
+44 20 7888 8888
Nick Williams
Mark Hammarskjold

National Bank of Abu Dhabi
+971 2692 5427
Emma Primarolo / Stuart Henrickson

Information on Aldar

Aldar is the leading property development company in terms of its development projects and size of the land bank in Abu Dhabi. Aldar's developments include the construction and management of offices, residential properties, retail sites, hotels, tourist attractions, leisure facilities, luxury resorts and schools. Aldar's involvement in the property development process ranges from sourcing land, carrying out feasibility studies, developing a master development plan, the development of land, leasing and sales, holding completed developments as investment properties, asset management and facility management.

Aldar was incorporated as a public joint stock company on 23 February 2005 and was listed on the Abu Dhabi Securities Market (ADSM) on 4 April 2005 following an initial public offering.

The information contained herein is not for publication or distribution to persons in the United States. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold without registration there under or pursuant to an available exemption there from. Neither this document nor the information contained herein constitutes an offer to sell or the solicitation of an offer to buy any securities.

In the United Kingdom this announcement is directed exclusively at persons who fall within Article 19 or 49 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and within Article 14 or 22 of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes)(Exemptions) Order 2001 or to whom this announcement may otherwise be directed without contravention of sections 21 or 238 of the Financial Services and Markets Act 2000. The investments referred to in this announcement shall be issued only to such persons.

This announcement is not an offer of securities or investments for sale nor a solicitation of an offer to buy securities or investments in any jurisdiction where such offer or solicitation would be unlawful.