Sorouh tees off at Cityscape Abu Dhabi 2008

Notes and media contacts

For more details please visit http://cityscapeabudhabi.com/

For more information, please contact:

Shaza Albein
Assistant Marketing Manager
Sorouh Real Estate P.J.S.C.
Tel: +971 2 6978956

OR
Darren Milner
Account Director
Four Communications Group Abu Dhabi
Tel.: +971 55 985 3374

Sorouh Real Estate PJSC

Abu Dhabi-based Sorouh Real Estate PJSC is one of the UAE's leading real estate companies, with projects worth more than Dhs45bn under development.

Set up in June 2005 with a capital of Dhs2.5bn, we are now one of the largest real estate developers on the Abu Dhabi Securities Market. In March 2008, we had a market capitalization of around Dhs20.7bn and approximately 40,000 shareholders.

The company has more than 200 employees, working in master-planning and master-development and other related fields, and is working on some of the most important developments in Abu Dhabi.

The company will be responsible for developing the master-plan for Lulu Island, the 5.9 square kilometre area of land which will become the city's landmark development. The master-plan for Lulu Island, which was exhibited publicly for the first time at Cityscape Abu Dhabi 2008, includes residential, resort and retail areas, as well as canals, marinas and a public beach.

We are bringing together the world's leading architects, designers and developers to create truly outstanding master-planned communities, and our projects include:

SHAMS Abu Dhabi, our flagship project, is the Dhs25bn landmark development on Al Reem Island. Home to 45,000 residents, SHAMS Abu Dhabi will be a completely new self-sustaining city based around canals and parks, which integrates world-class master planning practices and extends the lush green of Abu Dhabi's landscape.

The Gate District is a cluster of eight towers at the entrance to SHAMS Abu Dhabi, offering architecturally-renowned designs for residential, office and retail space in an Dhs11bn development.

The Gate District includes the 74-storey Sky Tower, which will be a pinnacle of luxury for its residential and commercial occupants, and the 65-storey Sun Tower, which will be home to elegant residential spaces with captivating views of the Gulf and the Abu Dhabi skyline.

Alghadeer is a major new development located in Saih As Sidairah, between Abu Dhabi and Dubai. Expected to be home to more than 18,000 people, the three million square metre site is a complete community offering easy access to the UAE's commercial centres, airports and ports.

Saraya is a waterfront development along Abu Dhabi's Corniche, consisting of 28 residential and commercial towers as well as a hospital. Spread over a vast waterside site covering 136,000 square meters, the Saraya development will enhance the visual appeal of the Corniche and impressive perception of the city.

Our other major projects include Golf Gardens, a development of 391 luxurious villas and townhouses adjacent to the Abu Dhabi Golf Club.

Our recent partnerships with world-class organizations include the signing of an agreement with Metro-Goldwyn-Mayer Studios Inc. (MGM) and Rubicon, Inc. (Rubicon) to explore the development of entertainment opportunities within Sorouh's real estate portfolio.

We currently hold awards for "Best New Business" (Middle East Business Achievements Awards 2007), the "Cityscape Abu Dhabi Best Commercial Project 2007" for the Gate District and the "CNBC Arabian Property Award for Best Development 2007" for Central Park at SHAMS Abu Dhabi. In 2008, we were named the "Best Customer Service Company - Real Estate category" by the Middle East Excellence Awards Institute.