One Emirati national winning a unique prize in UAE with an "Income for 15 years" worth AED 2.7 Million

One million Dirhams for MDSA and 550,000 for EMSA lucky winners

Abu Dhabi, 17 January 2013: ADCB Islamic Banking announced the first winner for the year 2012 of the grand prize of AED 2.7 million, as a monthly payment for 15 years. Mr. Mohamed Al Zarooni, the first lucky Emirati winner living in Sharjah had been presented with the prize in a ceremony held in ADCB's head office last December 2012. The prize was presented by Mr. Amr Al Menhali, Head of Islamic Banking.

Commenting on his win, Mr. Mohamed Al Zarooni who opened his Emirati Millionaire Saving Account "EMSA" in Feb 2012, after being customer with ADCB since 2001, said: "I gratefully thank ADCB for such an amazing product and I wish the bank all best and success in the coming future."

Along with the grand prize winner for EMSA, the bank celebrated the monthly draw where 31 Emiratis had won a total of AED 550,000, in the denominations of 1 prize for AED 250,000, 10 prizes each for AED 15,000, AED 10,000 and AED 5,000.

Mr. Hussain Al Jabri the winner of the AED 250,000 and who's been banking with ADCB since 2001 said: "I'm extremely happy and satisfied with ADCB's products and services and I would like to recommend ADCB to all UAE Nationals and expats for their excellent service and innovative products offered to their customers"

Additionally, the Millionaire Destiny Saving Account "MDSA" winner of the AED 1 million who was a UAE national living in Abu Dhabi, Mr. Hadef Al Shehhi,16 years old and is still studying commented : "I'm very glad for winning such a impressive award and I thank ADCB for making it possible for their account holders to benefit in such a remarkable way".

Amr Al Menhali, Head of ADCB Islamic Banking, said: "On behalf of the bank, I would like to congratulate all of our winners who were very excited to have won such a great gift from the bank. Both our EMSA and MDSA savings accounts have become very popular amongst our customers. At ADCB Islamic Banking, we encourage all of our customers to actively plan for the future and it is with this in mind that we have created savings accounts like the EMSA and MDSA, to help our customers realize their ambitions and plan for tomorrow. "           
About ADCB:   
ADCB was formed in 1985 and as at 30 September 2012 employed over 3,600 people from 54 nationalities, serving approximately 470,000 retail customers and over 36,000 wholesale clients in 49 branches, 4 pay offices in the UAE and 2 branches in India and 1 branch in Jersey.  It is the third largest bank in the UAE and second largest in Abu Dhabi by assets, at AED 182 bn as at 30 September 2012.

ADCB is a full-service commercial bank which offers a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate, currency, derivative and Islamic products, project finance and property management services.

ADCB is owned 58.08% by the Abu Dhabi Government through the Abu Dhabi Investment Council.  Its shares are traded on the Abu Dhabi Securities Exchange.  As at 30 September 2012, ADCB's market capitalisation was AED 18 bn.

About EMSA:  
ADCB's Shari'ah compliant EMSA is available exclusively for UAE nationals and their families. One of the unique features of the EMSA is that ADCB pays AED 25 to charity for each account opened. To be eligible for the draw a minimum average balance of AED 5,000 should be maintained in the account, for every AED 1,000, EMSA customer gets one chance in the draw. ADCB gives three additional chances to family members when one or more family members open EMSA. 31 monthly cash prizes worth a total of AED 550,000 are awarded, along with yearly prizes of AED 2.7 Million (AED 15,000 monthly for 15 years) and 5 Umrah Packages every quarter.   
  
EMSA customers earn competitive quarterly profits on their account balances and TouchPoints are also awarded on account balances and transactions.

About MDSA:
ADCB's Shari'ah Compliant MDSA is one the fastest growing product of the bank with more than 60,000 customer base from across UAE. MDSA enjoys good mix of the three segments available in the bank, namely Aspire, Privilege and Excellency, catering to retail, mass affluent and high net worth consumer banking customers. All ADCB branches, Excellency RMs, Direct Sales and TeleSales staff offer MDSA to customers.

MDSA customers can earn competitive quarterly profits on their account balance and TouchPoints are also awarded on account balances and transactions.

Customers also have easy access to the funds in their MDSA through internationally accepted debit card, coupled with free internet banking and mobile banking services. One of the unique features of the MDSA is for every additional AED 1,000 above the minimum average balance of AED 5,000, ADCB will give that customer one additional chance of winning in the prize draw. Also, for every additional month an MDSA customer maintains the minimum average balance of AED 5,000, they get one more additional chance in the prize draws. The monthly prize is AED1,000,000 and there are ten monthly cash prizes of AED 10,000 each.

For more information, please contact:   
Corporate Communications                                                        
Majdi Abd El Muhdi                                                        
E: majdi.a@adcb.com

Press Release 2013