Dubai Group Statement in Response to Announcement by Bank Islam Malaysia Berhad

DUBAI, United Arab Emirates - “Following an earlier announcement by BIMB Holdings Berhad BHB (”Bank Islam”) with regards to its April 2009 offer for the capital increase, Dubai Group confirms that it is in the process of reviewing its strategic options relating to its stake. Bank Islam boasts strong attributes across the Asian banking sector, and the capital raise offer came in reflection of the successful transformation plan implemented by Bank Islam since 2006. However, following the reassessment of its investment strategy, Dubai Group has redirected its competitive advantage closer to home, namely the GCC and greater Middle East regions. Malaysia does remain a key market for future investments.”

About Dubai Group:

Dubai Group is the leading diversified financial services company of Dubai Holding. The company’s active investments include banking, financial exchanges, hospitality, real estate, insurance and Islamic finance. Dubai Group is headquartered in Dubai, with offices in Pittsburgh, New York, London, Istanbul, Hong Kong and Kuala Lumpur. Through its subsidiaries and affiliates, the Group’s areas of operation span the Middle East & North Africa (MENA) region, the European Union (EU), North America and Asia. For more information please visit www.dubaigroup.com

Contact Mohamed Tahboub Senior Account Manager, Financial Practice JiWin Public Relations Direct: +971-4-361-3598 Mobile:+971-50-157-6868 Email: mohamed.tahboub@jiwin.ae

Source: Dubai Group

Mohamed Tahboub, Senior Account Manager, Financial Practice JiWin Public Relations, Direct: +971-4-361-3598, Mobile:+971-50-157-6868, Email: mohamed.tahboub at jiwin.ae