Press Release

Wednesday 15th December, 2004

Abu Dhabi Property Company to Sponsor Al Ain Airshow with Al Jimi Mall

Silver Sponsors of this year's Al Ain Air Show in January 2005 are Al Jimi Mall of Al Ain developed by, ADDAR Real Estate Services LLC. The event, which showcases the Al Ain Aerobatics Show as well as the FAI World Grand Prix, takes place at the Al Ain International Airport from January 24 to 28, 2005.

As the first modern shopping centre built in Al Ain in May 2001, Al Jimi has always taken a keen interest in supporting the community of Al Ain. "We look forward to this extraordinary event coming once again to Al Ain and would like to thank the Abu Dhabi Tourism Authority for making such an attractive flying exhibition possible" said Khalid Pasha, Manager of Al Jimi Mall.

Al Jimi Mall prides itself on delivering a one stop-shopping destination for its visitors, continuously expanding and improving its shopping, food and entertainment portfolio. ADDAR Real Estate Services LLC -- recently completed the newly opened 3,100 sqm expansion to Carrefour at Al Jimi Mall, and will be undertaking the forthcoming 24,000 sqm expansions of the mall's East and West Wings. Both are already substantially pre- let to leading retailers.

Al Jimi Mall was the first modern shopping facility in Al Ain, built in May 2001. ADDAR Real Estate Services, LLC- developed Al Jimi Mall in conjunction with the Al Ain Municipality and Town Planning Department from the old Al-Khabisi fruit and vegetable market, into the shopping and entertainment oasis it is today. This development was awarded a certificate of merit, as a role model for public-private partnerships, by the prestigious International Council of Shopping Centres in May 2002.