DUBAI, United Arab Emirates/ London, UK, 25 May 2011:- DP World Limited ('DP World' or 'the Company'), one of the largest marine terminal operators in the world, is pleased to announce that it has today published its Prospectus containing details of the admission of Ordinary Shares to listing on the Official List and to trading on the main market of the London Stock Exchange. It is anticipated that, subject to the approval of the UK Listing Authority, the first day of trading will be Wednesday 1 June 2011.

DP World believes that a dual listing between the London Stock Exchange and Nasdaq Dubai will help attract a broader range of investors.

DP World's operational performance has been very strong since listing in 2007, outperforming the industry, in part because 75% of its container volumes come from the faster growing emerging markets led by a strong performance in flagship terminal Jebel Ali in the UAE.

On 11 May 2011, DP World announced that the return to sustained container volume growth which was seen in 2010 had continued into the current year. In the first quarter of 2011, gross volumes grew by 12% to 12.6 million TEU across its 49 operational terminals.

With a track record of over three years as a listed Company, DP World already supports Corporate Governance standards that are required for a Premium listing on the London Stock Exchange.

Sultan Ahmed Bin Sulayem, Chairman, DP World, commented:

"We are delighted that DP World will be listed on the London Stock Exchange from 1 June 2011 providing access to its shares for a larger number of investors.  As the only listed global port operator, DP World provides investors with a unique opportunity to invest in the long term growth opportunities in the industry, exposure to faster growing emerging markets and to invest in a Company at the heart of global trade."

Mohammed Sharaf, Chief Executive Officer, DP World, commented:

''The listing on the London Stock Exchange is a major milestone in the evolution of DP World positioning us alongside some of the world's leading companies, and we very much look forward to the opportunities that may bring."

A copy of the Prospectus will today be submitted to the National Storage Mechanism and will shortly be available for inspection at www.Hemscott.com/nsm.do and also on DP World's website at www.dpworld.com.   DP World's registered address is Level 5, LOB 17, Jebel Ali Free Zone, PO Box 17000, Dubai, UAE.

An expected timetable of principal events is set out below:

Event

Timing

Prospectus published

 Wednesday 25 May  2011

Admission and expected commencement of unconditional dealings in Ordinary Shares on the London Stock Exchange

8.00 a.m. on Wednesday 1  June 2011

CREST accounts available to be credited in respect of Depository Interests

8.00 a.m. on Wednesday  1 June 2011

Each of the times and dates in the timetable set out above is subject to change without further notice. References to a time of day are to the time in London (UK).

-Ends-

For further information
investors
fiona piper
dp world
tel: +44 (0) 7919 175602

media
sarah lockie / natasha bukhari
dp world
tel: + 971 (0) 4 8080 741

jon coles / chris blundell
brunswick
tel: + 44 (0) 20 7404 5959

joint sponsor to dp world
deutsche bank
iain macleod / ben lawrence
tel: +44 (0) 20 7545 8000

joint sponsor to dp world
citi
david james / simon lindsay
tel: +44 207 986 4000

financial advisor to dp world 
hsbc
giles lambert / michael bevan
tel: +44 (0) 20 7991 8888

This announcement is not an offer of securities.   Within the United Kingdom this announcement is directed only at investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005)) or any other person to whom it may otherwise lawfully be made under such Order (all such persons together being referred to as "relevant persons").  Accordingly, in the United Kingdom, this announcement must not be acted on or relied on by persons who are not relevant persons and any investment or investment activity to which this communication relates is available to, and will be engaged in with, only relevant persons. Within the Dubai International Financial Centre this announcement is directed only at professional clients (as defined in rule 2.3.2(2) of the Conduct of Business Module of the Dubai Financial Services Authority's Rulebook) or any other person to whom it may otherwise lawfully be made under the Rulebook; no person who does not qualify as a professional client under this definition should act upon it.

© Press Release 2011