This is the 38th public joint stock company listing on DFM

Trading symbol SALAM assigned for DFM screens and trading systems

DUBAI, July 11, 2006: Dubai Financial Market (DFM) today announced that one of Qatar's biggest business groups, SALAM International Investment Limited (SALAM), would be listed on DFM.

SALAM is the first Qatari company to be listed on DFM and the 38th public joint stock company listing out of 55 securities instruments listed on DFM.

SALAM is classified under "Service" sector which includes 13 public joint stock companies now.  The company's shares would start trading from Tuesday, July 11, 2006 with trading symbol (SALAM) that will appear on DFM screens, trading systems and publications.

The listing of ordinary shares of SALAM incorporated in Qatar has been finalized and approved by DFM in collaboration with ESCA. SALAM is listed on Doha Securities Market and investors would now be able to trade these shares on DFM as well. Foreign investors are allowed to acquire SALAM's shares at maximum of 49 per cent of its total QAR 828,015,000 shares.

Essa Kazim, Director General of DFM, said: "We welcome SALAM International to the DFM and wish them a fruitful presence here. This new listing is another vote of confidence from a well established and profitable growth stock in the

opportunities that DFM brings to the table. With a world-class systems and process DFM is able to attract not just UAE based companies but companies from across the GCC. We welcome SALAM International to our bourse, and look forward to a prosperous future together."

On behalf of Salam International's Board of Directors, Dr. Hamad Al Kawari, Board Member at SALAM International, said: "It is an honor for Salam International to be the first Qatari Public Shareholding company to be listed on DFM and the second listed on regional markets. Salam International will be Qatar's private sector representative in this matter.  The objective from listing SALAM's shares on DFM is based on strategic and long term plans and not on short term basis. This decision came in compliance with the company's strategy that aims to expand, grow and achieve sustainable benefits for Salam shareholders."

Salam International Investment Limited (SALAM), a Qatari shareholding company, owns and manages 25 business units in diverse fields, namely, Consumer Services, Information Technology and Communications, Industrial Engineering, Oil and Gas Services, Technical Services, Fabrication, Style and Furnishing, Contracting, Project Management, Investments and Real Estate development.

As on December 31, 2005, SALAM's revenues stood at QR 567.55 million and net profit stood at QR 75 million. SALAM operations extend to Qatar, United Arab Emirates, Palestine, Kuwait, Saudi Arabia, Oman, Bahrain, Jordan, Lebanon, Syria and is currently considering expansions in the pan-Arab area. SALAM establishes, incorporates and owns enterprises in the commercial, industrial, educational, tourist, real estate, financial and service areas.

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About Dubai Financial Market
Dubai Financial Market was established as a public institution having its own independent corporate body. DFM is operating as a secondary market for trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the Local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the Market. The Market commenced operations on 26th March 2000. About SALAM International Investment Company (SIIL)

Salam International Investment Limited is a listed public Qatari shareholding company, established by Emiri Decree no. 1/1998 with a paid capital of Qatari Riyals 828,015,000 divided into 82,801,500 shares. The company has operations in diverse business sectors: technology and communications, construction and development, luxury and consumer products, energy and industry, and investments.  As one of Qatar's largest and established conglomerates, the company owns and manages over twenty five business units.  Marked by a rich heritage, over half a century old, the name Salam International is a benchmark for integrity, innovation, reliability and total customer satisfaction.

For further information, please contact:
Tim Harrison / Bakul Gala / Tarek Fleihan
Mobile: 5097631 / 2459547 / 5198511
ASDA'A Public Relations
Dubai,
UAE
Tel: +971-4-3344550
Fax: +971-4-3344556
E-mail: t.harrison@asdaa.com, b.gala@asdaa.com, t.fleihan@asdaa.com

© Press Release 2006