Jumeirah Group Sign Management Agreement for Venu Bilgah Hotel, Baku

DUBAI, UAE, November 30, 2010 - Jumeirah Group and Azinco Holding Company have announced the signing of a
new management agreement for the Venu Bilgah Hotel, Baku.

Jumeirah Group, the Dubai-based luxury hotel company and member of Dubai
Holding, has signed an agreement with Azinco Holding Company to manage Venu
Bilgah Hotel, Baku. The new contemporary lifestyle hotel on the shores of the
Caspian Sea is scheduled to open in 2011.

The hotel has been constructed in a wave-like structure reflecting the
style of the Jumeirah Beach Hotel in Dubai. Designed by local architect Nazim
Valiev, the hotel will consist of 176 sea-facing guestrooms and suites, an
all-day dining restaurant and bar, a further two rooftop restaurants and
bars, a 300msq spa with traditional Turkish and Finnish bath areas, indoor
and outdoor swimming pools and a 1500msq conference centre. The hotel complex
will also include 14 villas.

Venu Bilgah Hotel, Baku, is the second hotel to be announced in the
rollout of Venu as a collection of contemporary lifestyle luxury hotels. Each
hotel offers the promise of 'Local Soul' connecting guests with the location
and providing a platform for discovery and enriching experience. The service
philosophy of Venu (www.venu.com/) is designed to be intuitive and
engaging, a philosophy reinforced by the quality of people attracted to work
for the brand.

Venu Bilgah Hotel, Baku is the first management agreement signed by
Jumeirah Group in Azerbaijan. This agreement brings the total number of
properties under development or in operation by Jumeirah globally to 49.

Notes to Editors:

About Jumeirah Group:

Jumeirah Group, the Dubai-based luxury hospitality company and a member
of Dubai Holding, operates a world-class portfolio of hotels and resorts.
Jumeirah Hotels & Resorts includes the Burj Al Arab, Jumeirah Beach Hotel,
Jumeirah Emirates Towers, Madinat Jumeirah, Jumeirah The Meydan and Jumeirah
Bab Al Shams hotels in Dubai (
www.jumeirah.com/en/Hotels-and-Resorts/Destinations/Dubai/); Jumeirah
Carlton Tower and Jumeirah Lowndes luxury hotels in London (
www.jumeirah.com/en/Hotels-and-Resorts/Destinations/London/); and
Jumeirah Essex House luxury hotel in New York (
www.jumeirah.com/en/Hotels-and-Resorts/Destinations/New-York/).
Jumeirah Group also runs the luxury serviced residences brand Jumeirah
Living; the spa brand Talise; Jumeirah Restaurants; Wild Wadi Waterpark; The
Emirates Academy of Hospitality Management; and Sirius, its global loyalty
programme. Jumeirah Group has recently unveiled Venu Hotels, a contemporary
lifestyle hotel brand.

    For further media information please contact:

    Mia Hedman
    Director Corporate Communications
    Jumeirah Group Corporate Communications
    PO Box 214159
    Dubai
    United Arab Emirates
    +971-4-364-7962

    www.jumeirah.com

For further media information please contact: Mia Hedman, Director Corporate Communications, Jumeirah Group Corporate Communications, PO Box 214159, Dubai, United Arab Emirates, +971-4-364-7962