Construction on 148-metre tower ahead of milestone program

Dubai - September 28, 2009, Construction of TAMEER's exclusive 31-storey Silver Tower, located in Dubai's prestigious Business Bay, is progressing well, and according to company officials, the 22nd typical floor of the superstructure has now been completed and the firm is expected to deliver the completed project in 2010.

The development is advancing well and construction passed the 60% mark some time ago. Sources in TAMEER confirmed that the slab for the 26th floor has been completed and the core wall has reached the 28th floor. TAMEER is looking forward to handing over the completed units to owners and investors.

At a height of 148 meters, the tower, with its silver aluminum facade and ultra-smart glass architecture, TAMEER's Silver Tower is set to become one of Dubai's leading landmarks. Once completed, the building will comprise 260 offices of varying sizes, all characterized by the highest standards of design and construction.

In addition to offering premium office space, Silver Tower will also be home to a fully-equipped health club, 748 private parking spaces, retail and commercial outlets, a cafeteria and more, spread across a total area of around 700,000 sq. ft.

Silver Tower is ideally situated in Business Bay, offering residents easy access to Sheikh Zayed Road, Burj Dubai Downtown, Dubai Airport, Dubai Media City, Dubai Internet City and the Jebel Ali Free Zone.

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About TAMEER
Dedicated to the meticulous creation of comfortable living spaces and inspirational work environments, Tameer Holding Investment L.L.C. (TAMEER) emerged with an ambitious vision of developing as one of the most trusted brand name in real estate. TAMEER's commitment to pursuing perfection and its relentless search for innovation, distinguished it as one of the early pioneers in the fast expanding regional market.

TAMEER has experienced rapid exponential growth, increasing from a handful of dedicated individuals in 2005 to a multitalented team of professionals today, simultaneously cultivating its project portfolio to several landmark developments in the UAE, the GCC and the greater MENA region.

Selecting the most prestigious and premium locations, TAMEER's landmark developments include the iconic Tameer Towers, at Shams Abu Dhabi on Al Reem Island and Princess Tower in Dubai Marina, one of the world's highest residential structures.

For more information, please contact:
Tameer Holding Investment L.L.C.
Marketing Department
Tel: 00971 - 4 - 60 10 600
Fax: 00971 -4 - 60 10 611

TRACCS
Lama Khayer
Tel: 00971 - 4 - 3672530
Email: lama.khayer@traccs.net
24/7 Media Hotline: 00971 -50- 4998389

© Press Release 2009