Fast Limo announces 24 million dirham fleet expansion

- Adds 150 Mercedes-Benz Sedans to fleet -
- Targets 35% growth in revenues in 2005 -

Abu Dhabi, March 2, 2005: Fast Limo, the UAE's premier luxury limousine service today announced that it has invested 24 million dirhams in fleet expansion and added 150 Mercedes-Benz E- Class sedans to its fast expanding fleet of luxury vehicles.

Ahmed Abood Al Boasy, General Manager, Emirates National Group, the parent company of Fast Limo, said, "Our investment re-emphasizes our continued efforts to upgrade and expand Fast Limo's operations to enable us to emerge as the limousine service of choice in the UAE and target a 35% growth in revenues for the year. The investment will be channeled towards fleet expansion, training, quality initiatives and increasing staff strength".

"The Emirates National Group, by virtue of the world class transportation solutions that we provide, is keen to play an enabling role in positioning the UAE as the leading hub in the region for both tourism and business. We will continue to make investments in our services to ensure we contribute to the growth of these sectors" added Mr. Al Boasy.

"The addition of these luxury cars to our Fast Limo fleet reflects our intention to provide the best possible value proposition to discerning customers in need of high-quality limousine services. As the safety and comfort of our customers is of paramount importance, we continually upgrade our fleet to assure our customers that their well being is of great concern to us. We will continue to invest in the expansion of our fleet and operations to serve our customers with an unmatched service offering," said Mr. Ahmed Ghalban, Executive Manager, Fast Limo.

"Fast Limo 's choice of Mercedes - Benz was based on two factors - the car's reputation for comfort, safety and durability, and because EMC can provide reliable, efficient and comprehensive service support essential for a successful limo service" said Richard Siemicki, General Manager of Emirates Motor Company.

"We are also delighted to provide Fast Limo customers with the opportunity to enjoy the unrivalled luxury of a Mercedes - Benz" added Mr. Siemicki.

The cars will be available 24 hours a day, seven days a week for transfers to and from Abu Dhabi, Al Ain, and Dubai International Airports as well as for inter-city services. Of the 150 new Mercedes-Benz E- Class sedans, 125 were supplied by Emirates Motor Company, the general distributor for Mercedes-Benz in the Abu Dhabi emirate and the rest by Gargash Enterprises in Dubai.

-Ends-

Editor's note:
Fast Limo is a sister concern of Fast Rent a Car, a total transportation solutions company and is the sole transport operator serving Abu Dhabi and Al-Ain international airports. Established in 1990, Fast Rent a Car offers a range of transportation related services including automobile rentals, leasing and chauffeur-drive services.

FOR MORE INFORMATION:
Rania Kakos Yazbeck
Fast Rent a Car
T: +971 2-6220088
F: +971 2-6223321
Email: rania @fastuae.com

Brian Carvalho
ASDA'A Public Relations
T: +971 2-6816811
F: +971 2-6816802
Email: b.carvalho@asdaa.com