Global Strategic Equities Fund ('GSEF') buys substantial stake in HSBC Holdings plc.

Notes and media contacts

About Dubai International Capital LLC:
Established in 2004, Dubai International Capital LLC (DIC) is a Dubai-based international investment company. It is a wholly owned subsidiary of Dubai Holding. DIC manages an international portfolio of diverse assets that provide its stakeholders with value growth, diversification, and strategic investments and relationships.

DIC's investments have included: US$ 1.5 billion acquisition of The Tussauds Group (UK), one of the largest operators of visitor attractions in Europe and its subsequent partnership with Merlin Entertainments Group "Merlin" which positioned the combined Group as the world's second biggest visitor attractions operator after Disney. DIC retained a 20% stake in the combined company. DIC's investments also included US$ 1.23 billion acquisition of Travelodge (UK), Britain's fastest growing budget hotel company, US$ 1 billion stake in DaimlerChrysler, one of the world's leading carmakers; and the US$ 1.2 billion acquisition of Doncasters Group (UK), an industrial manufacturing firm that produces precision engineering components across various industrial sectors.

DIC is a substantial investor in the Middle East. Investments include Ishraq, a US$150 million investment company that was formed to bring the Holiday Inn Express brand of hotels to the Gulf Co-operation Council (GCC) countries except Saudi Arabia; and MENA Infrastructure Fund, a US$ 500 million fund targeting investment opportunities in infrastructure projects in the Middle East and North Africa region. In 2005, DIC launched Jordan Dubai Capital, a $300 million investment company that targets private equity opportunities in the Jordanian economy.

For media queries, please contact:

Hazar Al-Zaki
Dubai International Capital LLC
Or
Reem Sadek
JiWin
The Public Relations arm of Dubai Press Club
+971 4 3616666