Jeddah, Kingdom of Saudi Arabia- 09 April 2015

SEDCO Holding Group won three awards at Jeddah's 6th Urban Development and Real Estate Investment Event (Cityscape Jeddah) among 15 competing projects under 5 categories which was highly attended by the Kingdom's biggest developers, architects, investors and real estate players

The unique Al-Fareeda residential project developed by Ewaan Residential Group - an affiliate company of SEDCO Holding Group - won the 'Future Residential Project' award as well as the 'Culture and Community' award under the real estate categories. The Galleria project developed by SEDCO Development also won the 'Leisure and Hospitality' award.

Al-Fareeda project aims to provide a uniquely developed residential environment and includes more than 1,800 villas. Its strategic location in the Northern part of Jeddah provides the middle-class income households fully integrated services that are convenient and answer their demands. This project will grant its residents an elegant lifestyle and a special environment which offers tranquility and serenity in addition to a beautifully crafted architectural structure on the external façade which enriches the building's astonishing panoramic view.

The Galleria project is operated by Elaf Group - an operating company of SEDCO Holding Group - and located on Al Amir Mohammad Ibn Abdul Aziz (Tahlia) Street in Jeddah. The 52,332 sqm insulated façade of the project is a distinct blend of the contemporary design which is inspired and themed around the Galleria Vitoria Emmanuelle II in an exquisite haute couture lifestyle setting of the Italian Milano city. The building consists of twelve floors and encloses 365 luxurious and high-end hotel rooms, not to mention the exquisite selection of retail stores, F&B outlets, ballrooms and conference rooms.

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About SEDCO Holding:
Founded in 1976 by the Bin Mahfouz family, one of the leading banking families in Saudi Arabia, SEDCO has become recognized as a leading Shari'ah-compliant organization, responsible for a diverse spectrum of operating companies in industries such as, real estate development and management, travel and tourism, hospitality, automobile leasing and casual dining, in addition to managing private and public equity holdings in Saudi Arabia and around the world. SEDCO Holding was established to consolidate the various business

activities of SEDCO in which the wealth of the Bin Mahfouz family is invested. SEDCO Holding applies the highest standards of corporate governance in accordance with by-laws of international standards that ensure the longevity and growth of the business. Based in Jeddah, SEDCO Holding is headed by a board of directors comprised of eight members, five of which are from outside the family and are chosen from prominent local and international experts. SEDCO Holding is dedicated to responsible and ethical corporate practices through strong leadership and strategies that have enhanced SEDCO's position as a prominent Saudi group with global investments. SEDCO Holding is committed to supporting the welfare and development of individuals and communities across Saudi Arabia and invests in a range of corporate social responsibility activities, recognizing that business success brings a responsibility to contribute to the advancing economic and social development of communities where it has a presence. SEDCO's social responsibility efforts focus on serving its employees, the sectors it operates in, the environment, and the broader community.

More information at www.sedco.com

For more information:
Hussein Nasrallah
Senior Media Relations Manager
Memac Ogilvy PR
Tel: +966 12 651 0704
Mob: + 966 50 466 3187
E-mail: Hussein.nasrallah@ogilvy.com

© Press Release 2015