Press Release Press Release Press Release Press Release Press Release Press Release Press Release Press Release For Immediate Release 15 June, 2010 Aldar awards major infrastructure contracts for Al Falah development Abu Dhabi, June 15 2010: Aldar Properties, Abu Dhabi's leading property development, management and investment company, today announced the award of three contracts to deliver key infrastructure at Al Falah, one of the new UAE National Housing Communities which form part of the government housing initiative as set out in Plan Abu Dhabi 2030. The development, launched in 2009, will provide 5,000 homes for UAE families across five villages, each with approximately 970 villas plus three schools, mosques, and neighbourhood retail, health and leisure facilities. Located to the east of Abu Dhabi International Airport and the Abu Dhabi-Dubai highway, Al Falah has been designed as a practical and sustainable community within a development area of approximately 12 million square metres. Infrastructure Contracts for the residential villages have been awarded to Hilal Bil Badi & Partners (Hilalco) for Village 1, Ghantoot Transport & General Contracting Establishment for Villages 2 and 3 and Al Jaber Transport and General Contracting LLC for Villages 4 and 5. The infrastructure required to serve the Al Falah community includes over 178 kilometres of roads, 198.5 kilometres of water networks, 149.5 kilometres of sewer networks, a medium and low voltage power network and up to 100km of Fibre Optic communication cable Commenting on the news, Talal Al Dhiyebi, Director of Planning & Infrastructure, said: “We are delighted to announce the award of these three major contracts to deliver the key infrastructure for the Al Falah project, which we are developing in partnership with the government of Abu Dhabi. This is a further step forward in our mission to build sustainable communities to cater to the growth needs of the Emirate of Abu Dhabi, and in particular, increase housing availability for UAE families. Aldar is committed to providing world-class infrastructure for all of its developments from the outset, and will continue to work with best-in-class partners to deliver this.” - Ends- Notes to editors: For more information, please contact: Mona Zayati Tel: +971 2 696 4729, Mob: 050-4108400 Email: [email protected] About Aldar - www.aldar.com Aldar Properties PJSC is Abu Dhabi’s leading property development, management and investment company. It listed on the Abu Dhabi Securities market in 2004. Aldar was established to support Abu Dhabi’s infrastructure through the creation of high quality, attractive and sustainable communities equipped with residential, commercial, retail, leisure, hospitality, education and medical facilities. Aldar’s diverse property portfolio includes major developments and re-developments within Abu Dhabi including Yas Island, Al Raha Beach, Central Market, Al Falah, Nareel Island, Motor World, and Noor Al Ain in Al Ain City. The company owns over 50 million square metres of land in strategic locations throughout the Emirate.