ADIC inks agreement to acquire stake in Gornaya Karusel resort in Russia

Notes and media contacts

About Abu Dhabi Investment Company
Abu Dhabi Investment Company was founded in 1977 by decree of the late H.H. Sheikh Zayed Bin Sultan Al Nahyan, ruler of Abu Dhabi and President of the U.A.E.

Owned by the Abu Dhabi Investment Council, Abu Dhabi Investment Company is at the centre of Abu Dhabi, U.A.E. and M.E.N.A. financial networks. Abu Dhabi Investment Company is closely aligned with the long-term growth objectives of the authorities of the capital of the U.A.E., and plays a key role in the diversification of regional economies, most clearly expressed in Abu Dhabi's 2030 Vision plan.

Since its establishment, Abu Dhabi Investment Company has acted as an investment arm for the Abu Dhabi government. Today Abu Dhabi Investment Company also offers its investment expertise to institutional and high net-worth investors. The company signed an agreement earlier this year to advise German private bank BHF Bank on its Middle East equities funds, and announced last month the $250m first close of a M.EN.A. infrastructure fund run jointly with Switzerland's UBS A.G.

About Sberbank
Sberbank is the largest bank in Russia and Central & Eastern Europe, with about 30% of the aggregate national banking assets. It is the key lender to the national economy. The founder and major shareholder of Sberbank is the Central Bank of the Russian Federation with over 60% of the voting stock. Sberbank's shareholders include more than 200,000 individuals and corporates. The bank operates the widest branch network in Russia with 17 regional head offices, over 20,000 branches and outlets as well as subsidiary banks in Kazakhstan and Ukraine.

About Krasnaya Polyana and its environment
The mountain resort of Gornaya Karusel is located in the Krasnaya Polyana district of the Krasnodarsky krai region of Sochi national park, 40 kilometres north of Sochi's international airport. Sochi, located in the north of the southern Russian border is hosting the XXII Winter Olympic games in 2014. Boasting a unique positioning between the Caucasus mountains and the Black Sea, Sochi is Russia's premiere winter and summer resort, attracting 10m visitors each year. The Krasnodarsky krai region in which Sochi lies, is one of the most dynamic in Russia, both in terms of the sustainable tourism that is developing there, as well in terms of the multiculturalism of its inhabitants. Over 140 different ethnic groups inhabit the region, which is esteemed for its lush forest and lake complexes and favorable Mediterranean climate. Sochi is less than 3 hours' flight from Moscow and from the international airports of the U.A.E.

For further information, please contact:

Sweety Darwish
ADIC Corporate Communications
Tel. +971 2 6296451
Fax +971 2 6655835