Investor Presentaiton

140 Dubai Economic Update (cont) Highlights Dubai is the 3rd largest centre for re-exports in the world which itself represents almost 50% of GDP Dubai is a strategically located international trading hub with some of the world's best air and sea ports serving over 205 destinations Very large investment in infrastructure has a highly positive effect on the long-run development and productivity of the emirate • Airport passenger arrivals and tourism data show encouraging trends Dubai's Strategic Location Dubai: Air passenger arrivals and tourism trends 120 100 80 60 - 40 - 20 Jul-09 Oct-09 Jan-10 Apr-10 Jul-10 Oct-10° Jan-12 Apr-12 Jul-12 Oct-12 Jan-13 Apr-13 Jul-13 RevPAR (AED 10s) (lhs) Passenger traffic (mn people) (rhs) Hotel Occupancy (%) (lhs) Source: Emirates NBD Research, Dubai Statistics Centre, Bloomberg 1 0 65432 AED Billion Dubai: External trade growth trends 900 60% 800 50% 40% 700 30% 600 20% 500 10% 400 0% 300 -10% 200 -20% 100 -30% 0 -40% 2006 2007 2008 2009 2010 2011 2012 2013e Imports Source: Emirates NBD Research, Dubai Statistics Centre Exports & Re-Exports 7 y-o-y Growth % Emirates NBD

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