National Bonds slated to post record returns for 2008

Notes and media contacts

About National Bonds Corporation:
National Bonds is everyone's favorite place to save because of the unique, Shari'a compliant simple and safe savings scheme based on the principles of Mudaraba which gave Sharia' compliant profit of 6.03% in 2007 to the bondholders.

In addition, NBC, at its sole discretion, offers, from its own sources, Dhs5m monthly prizes to the bondholders through monthly draws

A private shareholding company, National Bonds Corporation (NBC) is a Dubai-based entity that was launched in March 2006. The Government of Dubai holds a 50% ownership in the company with each of its local shareholders, comprising Dubai Bank, Dubai Holding and Emaar Properties, holding 16.6% ownership respectively. National Bonds Corporation is Sharia- compliant, with a dedicated Sharia Board to oversee all financial aspects, including product-related operations and investments.

Since its launch in 2006, National Bonds has come up with various successful initiatives in community development. In December 2006, it launched "Skycourts," the elegant and affordable freehold residential community in the heart of Dubailand Residence Complex.
National Bonds has also launched Taaleem, an initiative aimed at raising quality standards in the Gulf region's education sector.

About National Bonds:
National Bonds is the National Saving Scheme of the UAE that provides UAE nationals, UAE residents and non-residents over the age of 16 with a credible, safe and Sharia-compliant savings scheme based on the principles of Shari'a. Minors can also own National Bonds, provided the bonds are purchased by the parents/guardians. Each bond costs AED 10, with a minimum purchase of AED 100; bonds are available in over 320 outlets across the UAE.

Each National Bond holder is eligible to win one of the more than 26.000 prizes every month, amounting to total prize money of over Dhs5m with a grand prize of Dhs1m.
The fund is based on the principles of Mudaraba, whereby the NBC, in its capacity as the fund manager, and the bondholders, in their capacity as the fund providers, share the generated profit as per the agreed ratio.

For more information please contact:
Naomi Yorks
Account Manager
Memac Ogilvy PR
04-3050328