M Dubai, April 17th, 2007 (WAM) -- The Dubai Financial Market (DFM)has announced the listing of Gulfa Mineral Water and Processing Industries,incorporated in Ajman. The company shares began trading today underthe trading symbol "GULFA" that will appear onthe DFM screens, trading systems and publications.

The listing of ordinary shares of Gulfa was finalised and approved bythe DFM in collaboration with Emirates Securities and Commodities Authority.

Ownership of the company's shares is allowed to UAE and GCC nationalsup to 100 per cent, while foreigners are allowed to own the company'sshares at maximum of 49 per cent.

Gulfa Mineral Water and Processing Industries Co. (PLC) was establishedin Ajman by an Emiri decree number 13 issued on March 28, 1977.

The company's authorised capital is AED40,000,000, while its paid-up capitalis AED25,000,000. The company has issued 25,000,000 shares, with eachshare valued at a par value AED1.

Essa Kazim, Chairman of DFM, said: "Gulfa is the 51st company to listits shares on the DFM and the 5th within the 'Consumer Staples' sector.

The company will add depth to the Consumer Staples sector as well as tothe market. We welcome Gulfa Company and its investors to DFM. This listingreaffirms the market's pole position as we offer unique investment opportunitiesfor a vast spectrum of investor segments."On behalf of Saif Hamarein, Chairman, Gulfa, Adnan Borsly, Vice Chairman,Gulfa, thanked Dubai Financial Market for listing Gulfa's shares on themarket. "DFM is a leading stock market and we are extremely pleased withour listing. This decision came in compliance with the company's strategythat aims to achieve sustainable benefits for our shareholders."