Dubai Lenders Group announces the results of the Ordinary General Assembly Meetings held on 26/02/2013. The AGM has decided the following:

1. Approved the report of the Board of Directors for the company’s activity and its financial position during the year ended December 31, 2012 and its business plan for the year 2013;

2. Approved the external auditor’s report on the Consolidated Financial Statement  for the year ended December 31, 2012;

3. Discussed and approved the Consolidated Financial Statement for the financial year ended December 31, 2012;

4. Approved the proposal of the Board of Directors to distribute a cash dividend at the rate of 7.5% of the nominal value of share capital, representing QR 0.75 per share;

5. Approved by absolving the members of the Board of Directors from their responsibility and fixing their remuneration for the financial year ended December 31, 2012;

6. Approved the decision of the Board of Directors with regards to the contractor of Lusail project (REDCO CONSTRUCTION-ALMANA) in compliance with Article No (108) of the Commercial Companies law.

7. Approved the appointment of the external auditor KPMG for the fiscal year 2013 and fixing their fees.

8. Discussed and approved the corporate governance report for the year 2012.