Dubai Holding to consolidate all back-office operations for its real estate entities

DUBAI, 16 February 2009: Dubai Holding has announced that it will merge the back-office operations of three of its real estate entities, Dubai Properties Group, Sama Dubai and Mizin (a member of Tatweer) under one consolidated operation.

While the ownership and core activities of the three companies will not change, this will lead to closer working relationships, by realizing efficiencies through the consolidation of their back-office operations.

This will not impact the legal relationship that the companies have with their current partners including their suppliers, contractors and their investors.