Abu Dhabi launches $250 million cleantech fund, among world's largest dedicated to sector

About ADFEC:

Abu Dhabi Future Energy Company (ADFEC) is a private joint stock company incorporated in Abu Dhabi and wholly-owned by the government of Abu Dhabi through Mubadala Development Company. ADFEC has been mandated to drive the Masdar initiative, champion the adoption of advanced energy technologies, and contribute to the diversification and sustainable growth of the Abu Dhabi economy. The company will also host a "think tank" that advises the government on the development of new sustainability policies. Within the Emirate of Abu Dhabi, the ADFEC will operate in close coordination with Abu Dhabi National Oil Company (ADNOC), Abu Dhabi Water and Electricity Authority (ADWEA), the Abu Dhabi Environmental Agency, and the Abu Dhabi Education Council, as well as various other government departments.

ADFEC will also host the Masdar Research Network (MRN), a global research network to develop alternative technologies for advanced energy and environmental solutions. The MRN has assembled programs from leading universities and institutes from Asia, Europe, and North America, including RWTH Aachen University, German Aerospace Institute, Columbia University, University of Waterloo, and Imperial College of London, and Tokyo Institute of Technology. The MRN will accelerate innovation in new energy technologies and natural resource-sustaining systems. The research projects will address issues of global importance, affecting the more industrially-developed as well as developing countries.

ADFEC will also develop an innovation center to support the demonstration, commercialization and adoption of sustainable energy technologies, and a special economic zone tailored to hosting institutions that will invest in development and production of renewable energy technologies and products.

For further information, please contact Sultan Al Jaber

About Credit Suisse:

As one of the world's leading banks, Credit Suisse provides its clients with investment banking, private banking and asset management services worldwide. Credit Suisse offers advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50 countries and employs approximately 40,000 people. Credit Suisse's parent company, Credit Suisse Group, is a leading global financial services company headquartered in Zurich. Credit Suisse Group's registered shares (CSGN) are listed in Switzerland and, in the form of American Depositary Shares (CSR), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com

In its asset management business, Credit Suisse offers products across the full spectrum of investment classes, ranging from equities, fixed income, and multiple asset-class products to alternative investments such as real estate, hedge funds, private equity and volatility management. Credit Suisse's Alternative Investments business, part of its asset management business, is one of the largest alternative asset managers in the world with more than $100 billion of assets under management. Credit Suisse's asset management business manages portfolios, mutual funds, and other investment vehicles for a broad spectrum of clients ranging from governments, institutions, and corporations to private individuals. With offices focused on asset management in 18 countries, Credit Suisse's asset management business is operated as a globally integrated network to deliver the Bank's best investment ideas and capabilities to clients around the world.

Credit Suisse has made a strong commitment to combating climate change, as evidenced by its investment in the Fund, and acknowledges that climate change is one of the biggest environmental challenges facing the world, having direct implications for business, politics and society. In addition, the Middle East is one of Credit Suisse's most important growth markets. Credit Suisse has been expanding its presence in the region to cater to clients' investment banking, private banking and asset management needs since 1978, when it established an office in Abu Dhabi.

For further information, please contact Gavin Sullivan, Corporate Communications at
+44 207- 888 8912

About CBG:

CBG is a multi-faceted principal investor in a broad range of synergistic activities. The core business includes structured finance, the acquisition, management and development of commercial and residential real estate and a substantial investment portfolio focused on new technologies and technology start-ups.
CBG has significant shareholdings in property and property related companies and is now one of the UK's largest private property companies with a £4 billion portfolio of commercial and residential properties.
CBG also has an innovative Financial Engineering capability that is coupled with a global banking network to create a structured finance proposition focused on debt solutions with efficient risk/return profile.
The key area of growth for CBG's business has been its expanding £500 million Technology investment program of companies, specialized funds investment, and IP sourcing; coupled with a substantial business development network that provides CBG with an unprecedented level of access to new technologies, new industry models and economic acceleration resources. CBG has recently taken a substantial stake in Imperial Innovations as well as many other IP companies that are commercializing UK technologies in the environmental sector.

CBG's Key sectors of focus are:
 Renewable Energy and clean technologies
 Carbon & Emission reduction / Climate change / Environmental solutions
 Financial Engineering IP
 Medical & Healthcare
 Homeland Security
 Other technologies

CBG's rapidly growing environmental portfolio encompasses a wide range of technologies and companies that help prevent climate change and contribute towards a 'cleaner, renewable' environment. This portfolio is built on the back of a global deal-sourcing network thus ensuring that CBG is exposed early-on to the most innovative and commercially viable environmental technologies. To date the business has made a substantial number of investments ranging from environmental real estate, funds, and technology start-ups to new carbon related services. This platform will provide a global growth acceleration mechanism of unprecedented scale and reach for proven solutions, as countries are increasingly looking for investments and research capacity in the renewable energy and environmental technology space.

CBG's investment approach addresses all stages of the environmental value-chain with a deep focus on the synergies with other parts of CBG's core business to ensure that CBG capitalises on the growth in the Environmental economy while driving the socially responsible agendas of the global corporate markets.

For further information please contact Roger G. Ammoun

Sandra El Rousan
Coordinator
Communications & Administration Department
Mubadala Development Company
PO Box 45005
Abu Dhabi, UAE
Tel: +971 2 6160100
Fax: +971 2 6160098

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