Cairo, Egypt; 30 June 2015

Emaar Misr for Development S.A.E. ("Emaar Misr") announces today that it currently expects to obtain listing approval from the Egyptian Stock Exchange on Thursday 2 July 2015, and accordingly trading of its ordinary shares on the Egyptian Stock Exchange is now expected to occur on or around Sunday 5 July 2015.

-Ends-

ENQUIRIES
Emaar Misr
Ahmed Fathallah                                                        
+201200000669
Chief Investment Officer &
Head of Investor Relations

Emaar Properties PJSC
Heba El Beleidy                                                          
+ 97143673856

Joint Global Coordinators and Joint Bookrunners

EFG Hermes
Mohamed Ebeid                                                                    
+20 (0)2 3535 6054 

Ahmed El Guindy                                                                   
+20 (0)2 3535 6429

Maged El Ayouti                                                                    
+20 (0)2 3535 6403

J.P. Morgan
Ahmed Salem                                                             
+971 4428 1726

Yuri Babin                                                                  
+44 207 134 3254

Safae Damir                                                               
+971 4428 1757

Lead Manager

Emirates Financial Services PSC
Asar Mashkoor                                                           
+9714 303 2831

Prasad Chari                                                              
+9714 303 2897

Connel Pinto                                                               
+9714 303 2849                     


Financial Public Relations
Brunswick Group

Heather Salmond                                                       
+971 4 446 6270

Jade Mamarbachi                                                      
emaarmisr@brunswickgroup.com

IMPORTANT DISCLAIMER

This announcement does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any shares or any other securities nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with or act as an inducement to enter into, any contract or commitment whatsoever. The IPO and the distribution of this announcement and other information in connection with the IPO in certain jurisdictions may be restricted by law and persons into whose possession this announcement, any document or other information referred to herein comes should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

In particular, this announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States, Australia, Canada or Japan, or in any jurisdiction to whom or in which such offer or solicitation is unlawful. The Shares will be offered and sold only outside the United States in offshore transactions in reliance on Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), to institutional investors in a number of countries, including Egypt, and in the United States only to "qualified institutional buyers" as defined in Rule 144A under the Securities Act, in reliance on Rule 144A or another exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The offer and sale of the Shares has not been and will not be registered the applicable securities laws of the United States, Australia, Canada or Japan. There will be no public offer of the Shares in the United States.

This announcement has been prepared on the basis that any offers of the Shares in any Member State of the EEA will be made pursuant to an exemption under the Prospectus Directive from the requirement to publish a prospectus for offers of the Shares. Accordingly any person making or intending to make any offer of the Shares within the EEA which are the subject of the IPO may only do so in circumstances in which no obligation arises for Emaar Misr or any of the Managers to publish an offering memorandum pursuant to Article 3 of the Prospectus Directive or supplement an offering memorandum pursuant to Article 16 of the Prospectus Directive, in each case, in relation to such offer. Neither Emaar Misr nor the Managers have authorised, nor do they authorise, the making of any offer of Shares in which an obligation arises for Emaar Misr or the Managers to publish or supplement an offering memorandum for such offer. The expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive), and includes any relevant implementing measure in the Member State, and the expression 2010 PD Amending Directive means Directive 2010/73/EU.

None of Emaar Misr, the Managers or any of their respective subsidiary undertakings, affiliates or any of their respective directors, officers, employees, advisers, agents or any other person accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to the truth, accuracy, completeness or fairness of the information or opinions in this announcement (or whether any information has been omitted from the announcement) or any other information relating to Emaar Misr or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

This announcement contains "forward looking" statements, beliefs or opinions, including statements with respect to the business, financial condition, results of operations, liquidity, prospects, growth, strategy and plans of Emaar Misr, and the industry in which Emaar Misr operates. These forward looking statements involve known and unknown risks and uncertainties, many of which are beyond Emaar Misr's control and all of which are based on the directors' current beliefs and expectations about future events. Forward looking statements are sometimes identified by the use of forward looking terminology such as "believes", "expects", "may", "will", "could", "should", "shall", "risk", "intends", "estimates", "aims", "plans", "predicts", "continues", "assumes", "positioned" or "anticipates" or the negative thereof, other variations thereon or comparable terminology or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward looking statements include all matters that are not historical facts. Forward looking statements may and often do differ materially from actual results. They appear in a number of places throughout this announcement and include statements regarding the intentions, beliefs or current expectations of the directors or Emaar Misr with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to Emaar Misr 's business, concerning, amongst other things, the results of operations, financial condition, prospects, growth and strategies of Emaar Misr and the industry in which it operates.

These forward looking statements and other statements contained in this announcement regarding matters that are not historical facts involve predictions. No assurance can be given that such future results will be achieved; actual events or results may differ materially as a result of risks and uncertainties facing Emaar Misr. Such risks and uncertainties could cause actual results to vary materially from the future results indicated, expressed or implied in such forward looking statements. The forward looking statements contained in this announcement speak only as of the date of this document. Emaar Misr and the Managers expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward looking statements contained in this document to reflect any change in its expectations or any change in events, conditions or circumstances on which such statements are based unless required to do so by applicable law.

© Press Release 2015