Olbia, Sardinia, Italy, May 28, 2015:

Luigi Maria Monti Foundation and Qatar Foundation Endowment ("QFE") are pleased to announce their plans for Mater Olbia Hospital; a specialised hospital and medical research centre in Olbia, Sardinia, Italy.

Following the signing for the acquisition of the site in Olbia by QFE through its European investment platform, Luigi Maria Monti Foundation and QFE plan to complete and fully fit-out the existing property, the first phase of which is scheduled to open at the end 2015. This project represents a significant financial investment in the region.

Commenting on the completion of the investment, H.E. Reverend Cardinal Giuseppe Versaldi, Chairman of the Luigi Maria Monti Foundation, said: "I'm pleased that the Luigi Maria Monti Foundation has been invited to collaborate in the management of this investment, in-line with our commitment in healthcare. This is a landmark investment and a vote of confidence from one of the most respected investors in the world. We look forward to a long and fruitful partnership with QFE."

Dr. Mariella Enoc, President of the Bambino Gesù Children's Hospital, commented: "Mater Olbia hospital will provide significant opportunities to local residents, both from a healthcare & employment perspective. We are glad to be part of this program, with such high-quality partners. As a leading operator of children's hospitals at a national and international level, our duty will be to ensure the clinical management of the pediatric department of the new Mater Olbia hospital".

Mr Rashid Al-Naimi, Chief Executive Officer at QFE, commented: "We are delighted that our investment received overwhelming support from the Italian authorities. This is a great investment opportunity for QFE as we firmly believe Mater Olbia Hospital will become a world-class hospital and medical research centre, benefitting patients in Sardinia and all around the world."

Mater Olbia hospital will provide high-quality care for residents of Sardinia and the wider region, with 290 new hospital beds, serving both public and private patients. Ospedale Pediatrico Bambino Gesù, a world class hospital ‎group, will manage the paediatric department of the hospital.

Mater Olbia Hospital will offer a wide range of services including cardiovascular, neurological, orthopaedic and paediatric specialities, as well as a rehabilitation centre. It is envisaged that Mater Olbia Hospital will be Istituto Di Ricovero e Cura a Carattere Scientifico and Joint Commission International accredited - the first such facility in Sardinia. Studies will also be conducted on certain lifestyle diseases such as diabetes, which are common to the people of both Sardinia and the Middle East.

Furthermore, Mater Olbia Hospital will develop a network of close strategic alliances with a variety of leading hospitals and research centres, including:

- Sidra Hospital, a Centre of Research and Care for Women and Children in Doha, Qatar,

- Hamad Medical Corporation, the principal healthcare provider in Qatar,

- Research centres within Qatar Foundation (including its worldwide research network),

- Research centres of the Universities of Sassari and Cagliari, and

- Research centres within Sardinia and Italy.

-Ends-

Contacts for media
Tasha Young
Brunswick Gulf
QFE@brunswickgroup.com
+971 4 375 1338

Manuela Rafaiani / Alessio Mazzucco
Brunswick Italy
materolbia@brunswickgroup.com
+39 0292886200

About Fondazione Luigi Maria Monti
Fondazione Luigi Maria Monti is an organisation established under Italian law to promote the development of clinical health and scientific research in Italy. The organisation manages several of Italy's hospital centres, endorsing medical specialization in various fields.

The President of Fondazione Luigi Maria Monti is His Eminence Giuseppe Versaldi, the Prefect of the Congregation for Catholic Education, and the Vice President and legal representative of the organisation is Dr. Gianluca Piredda.

About Qatar Foundation Endowment
Qatar Foundation Endowment ("QFE") is a long-term global investor with a broad mandate to make direct and managed investments. QFE was establised in 2010 to provide a sustainable income stream that will ultimately fund Qatar Foundation for Education, Science and Community Development ("Qatar Foundation") operations in perpetuity.

Qatar Foundation is a private, non-profit organisation that is supporting Qatar on its journey from a carbon economy to a knowledge economy by unlocking human potential for the benefit of not only Qatar, but the world. Founded in 1995 by His Highness Sheikh Hamad Bin Khalifa Al-Thani, Father Emir of Qatar, Qatar Foundation is chaired by Her Highness Sheikha Moza Bint Nasser.

About Ospedale Pediatrico Bambino Gesù
Ospedale Pediatrico Bambino Gesù ("Bambino Gesù") is the largest paediatric hospital and research centre operator in Europe, with almost 2,600 staff including physicians, researchers, nurses, clinical technicians and office staff. The hospital has connections to many leading international medical and research centres.

Bambino Gesù provides 1,400,000 healthcare treatments annually to children and adolescents from all over the world. The hospital treats, monitors and supports children within an affordable, comprehensive and high-quality environment.

© Press Release 2015