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Emirates NBD Asset Management named 'Best Islamic Wealth Management Service Provider' at 2012 Sukuk Summit

Recognised for leading the way in the field of Islamic asset management

Dubai, UAE, July 8, 2012: Emirates NBD Asset Management Limited, the asset management arm of Emirates NBD , a leading bank in the region, announced today that it received the award for 'Best Islamic Wealth Management Service Provider' at the recent 2012 Sukuk Summit - Islamic Finance Awards of Excellence held in London.

The award ceremony was held alongside the two-day investment summit in London, which brought together leaders and experts from across the world to meet and discuss the Islamic investment space.

The panel of judges was made up of respected industry experts from across the GCC, Europe and South East Asia, who were responsible for nominating those institutions that they deemed to have attained outstanding achievement, success and excellence over the last 12 months. Institutions and the general public were also entitled to submit nominations for those companies that they felt deserved recognition. All of these factors were then taken into consideration during the selection of winners in the various categories.

"We are proud to receive this important award, which recognises our standing as a leading Islamic asset management service provider," said Deon Vernooy, Senior Executive Officer, Emirates NBD Asset Management. "Today's announcement is a reflection of our strong commitment to deliver superior products to our investors, through our disciplined research-driven approach to fund management, whilst adhering to the principles of Shari'a. Our team is one of the most experienced in the Middle East, and as such we have been pioneers in helping to develop the Islamic asset management industry in the region."

This is the second time that Emirates NBD Asset Management has been recognised for leading the way in the field of Islamic asset management by the awards, which recognise the best companies and institutions in the Islamic world. Emirates NBD Asset Management was also the recipient of an award in 2009, for The Emirates Global Sukuk Fund, which was acknowledged as the 'Best New Entrant in the Sukuk Market'.

" Emirates NBD Asset Management manages a range of products delivering investment growth for our customers. As a result of the long-term investment strategy adopted by our experienced fund management team, our funds have managed to weather difficult market conditions to yield satisfactory results. We will continue to work towards delivering sustained returns for our customers," added Vernooy.

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About Emirates NBD
Emirates NBD is a leading banking Group in the region. As at 31 December 2011, total assets were AED 284.6 billion. The Group has a leading retail banking franchise in the UAE, with over 168 branches and over 780 ATMs and SDMs. It is a major player in the UAE corporate banking arena and has strong Islamic banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.

The Group has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, Singapore, the United Kingdom and Jersey (Channel Islands), and representative offices in India and Iran.

The Group is an active participant and supporter of the UAE's main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.

For more information, please visit: www.emiratesnbd.com

About Emirates NBD Asset Management
Emirates NBD Asset Management, which is regulated by the Dubai Financial Services Authority, is the asset management division of Emirates NBD Bank, one of the largest banks by assets in the MENA region. The asset management entity manages a range of products including MENA equity and fixed income funds and portfolios, global risk profiled funds and a complete range of Shari'a compliant instruments. The Emirates NBD Asset Management managed funds are domiciled in Jersey and are regulated by the Jersey Financial Services Commission.

For further information, please contact:
Hala Zamani/ Hassan Al Khuwaildi
Communications
Group Marketing, Emirates NBD
Tel: 971-4--6093458/ 971-4-6093459
Mob: 971 50 8595599/ 971 50 7454454
Email: halaZ@emiratesnbd.com / HassanAl@emiratesnbd.com

Sudha Chandran / Nicholas Nesson
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-4507600 Fax: 971-4-4358040
Email: sudha.chandran@bm.com/ Nicholas.nesson@bm.com

Disclaimers

Information and opinions contained herein have been compiled or arrived at by Emirates NBD Asset Management Limited (" Emirates NBD AM") from sources believed to be reliable but Emirates NBD AM cannot accept liability for any loss arising from the use hereof nor make any representation as to their accuracy or completeness. The opinions expressed herein are not intended to serve as authoritative investment advice. It may not be used or considered as an offer to sell, or a solicitation of any offer to buy, any investment. Emirates NBD AM therefore accepts no liability whatsoever for any direct, indirect or consequential loss arising from the use of this document. The price of units or shares and the income from them can go down as well as up. An investor may not get back the full amount invested. Past performance is not indicative of future performance. It should be noted that investments might not be readily marketable and it may therefore be difficult for an investor to sell his/her investment in any fund.

© Press Release 2012

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