ANHAM FZCO, LLC Completes Transition to Prime Vendor

By Anham Llc, PRNE
Monday, December 13, 2010

ANHAM At Full Performance Level Servicing $2.2 Billion Contract with U.S. Government

WASHINGTON, December 14, 2010 - On November 16, 2010, ANHAM FZCO, LLC became fully responsible for the
Prime Vendor contract with the U.S. Government, providing full-line food and
non-food distribution and support services in Kuwait and Iraq. This marks the
end of the seven-month transition from the previous vendor, as outlined in
the original contract awarded in April 2010, in which ANHAM became the Prime
Vendor for the contract.

The contract requires ANHAM to provide a range of food products - from
fresh fruits and vegetables to Meals Ready to Eat (MRE's) and other
operational rations. The contract is estimated at a total aggregate dollar
value of $2.16 billion, including options if exercised, with a maximum
contract dollar value of $6.47 billion. The initial contract period is 18
months, with options to renew the contract up to six years.

"Serving as the Prime Vendor provides us with the opportunity to build on
our track record of performing beyond our clients' expectations," said David
Braus
, managing director of ANHAM. "We have a long history of conducting
large scale, successful operations in the most demanding conditions around
the world - consistently on time and within budget."

"ANHAM will streamline our services by working with partner companies
that are best suited to meet the needs of the contract. These will include
our more than 100 local partners in Kuwait and Iraq," Braus added.

This announcement comes after a pair of news reports have mistakenly
claimed that the transition was no longer continuing as planned. As has been
true since November 16, 2010, ANHAM is fully responsible for the contract and
will continue to meet the needs of the United States government.

About ANHAM FZCO, LLC

ANHAM, LLC (www.anham.com) is a leading contracting firm working
throughout the Middle East and North Africa ("MENA"), Central Asia, and
Europe. With more than a century's worth of experience between its principal
founding companies, ANHAM is able to efficiently, effectively, and affordably
deliver products and services throughout the world. Headquartered in Dubai,
UAE, ANHAM has international offices that specialize in providing local
support and services to its initiatives, projects, and investments across
diverse regions of the globe.

Trish Wexler, twexler at voxglobal.com, for ANHAM, LLC

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