Abu Dhabi Investment House announces:

• Final exit of Al Arabi Investment Fund 30 month earlier than expected date
• 20.2% achieved Internal Rate of Return from this partial third exit
• ADIH offers a diversified portfolio that provides numerous investment opportunities

Abu Dhabi – UAE; Abu Dhabi Investment House announced today the final exist of Al Arabi Investment Fund, generating an annual Internal Rate of Return (IRR) of 20.2%, compared to a projected 20% promised to the Fund’s subscribers when the fund was launched in 2005. This announcement comes 30 months earlier than the expected date of exit. Two partial exits for Al Arabi Investment Fund were already announced during the year: first partial exit achieved an IRR of 25% (31 December 2007); second partial exit achieved an IRR of 22% (30 April 2008). The Fund is a diverse range of GCC private equity positions, including underlying investments in a variety of economic sectors. The steady stream of deal opportunities ADIH has access to, has allowed the Fund to select from a wide range of investment alternatives enabling it to achieve a balanced portfolio with optimized returns and diversified risks. ADIH, the fund manager, set a target IRR of 20% per annum over the fund’s five-year life. The final exit is a result of exiting three key investments in: energy, real estate and industrial sectors. The successful realization of these investments was translated into an IRR of 20.2% per annum; a gross distribution of US$ 8.63 per share which includes a profit distribution of US$ 3.1 per share and partial capital repayment of US$ 5.53per share