TAQA joins the Global Call to Action against Poverty

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The Abu Dhabi National Energy CompanyAbu Dhabi National Energy Company PJSC (TAQATAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), today announced its participation in this year's "Stand Up" campaign to support the Global Call to Action Against Poverty and Inequality movement.

The Global Call to Action against Poverty (GCAP) movement is a growing alliance of organisations calling for action from world leaders to meet their promises to end poverty and inequality. One of GCAP's leading initiatives is the "Stand Up and Take Action Against Poverty and support the Millennium Development Goals", in which millions of people across the globe stand united for 1 minute to declare their determination and promise to actively ensure that the Millennium Development Goals are reached by 2015.

To begin the process of organizing a company wide Stand Up, TAQATAQA chose to incorporate the 50 Days of Action leading up to this significant event. Beginning on Sept 1^st, TAQATAQA organized a number of initiatives aimed at raising awareness of global poverty and encouraging action from world leaders to meet their promises to end poverty and inequality. Employee initiatives included book and clothing donations for children in Africa and cash donations to buy World Health Organization approved mosquito nets to prevent the spreading of malaria in Ghana. To mark the close of the 50 days and to commemorate the Stand Up campaign, employees will gather and stand united for one minute on October 19th.

Speaking about the campaign, Peter Barker-Homek, Chief Executive Officer of TAQATAQA said: "I am very proud of the efforts and commitment shown by our employees towards this important global initiative; I credit its success to their active participation and desire to change the world in their own small way".

About Abu Dhabi National Energy CompanyAbu Dhabi National Energy Company PJSC (TAQATAQA)
Founded in 2005, TAQATAQA (Abu Dhabi National Energy CompanyAbu Dhabi National Energy Company (PJSC)) is a global energy company with a growing asset base approaching AED 86 billion (USD 23.4 billion). One of the largest companies listed on the Abu Dhabi Securities Exchange (ADX), with 2007 revenues of more than AED 8 billion (USD 2 billion), TAQATAQA is a flagship corporation for the Government of Abu Dhabi.

TAQATAQA's strategic goal is to build and operate a geographically diverse global portfolio of energy businesses across the value chain. It has operations in power generation, water desalination, upstream oil/gas, pipelines, and gas storage.

TAQATAQA has a strong focus on expanding its Upstream activities in Europe and North Africa. In the Netherlands, TAQATAQA acquired BP Netherlands' gas exploration and production assets including onshore, offshore and storage facilities in 2007, located in the Dutch Continental Shelf of the North Sea and in the region of Alkmaar in the North Western part of the Netherlands. TAQATAQA's assets in the North Sea are operated under the subsidiary TAQATAQA Energy B.V. TAQATAQA Offshore B.V. is a wholly owned subsidiary of TAQATAQA Energy B.V.

TAQATAQA employs approximately 2,800 people from 41 different nations and operates from its offices in: Abu Dhabi; Ann Arbor, Michigan; Aberdeen; Amsterdam; Calgary and The Hague. This footprint is further extended through alliances with partners across Africa, the Middle East, Europe, North America and India.

TAQATAQA carries Aa2 and AA- credit ratings from Moody's and S&P respectively.

TAQATAQA

© Press Release 2008