1 ETA ASCON STAR A Growing Global

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ETA ASCON STAR A Growing Global Conglomerate Local Mission, Global Vision • Quality is our single-minded pursuit in the application of new technologies. In our wide-ranging diversity, we innovate continuously as we strive to provide complete satisfaction to our customers and shareholders. • Built on Trust • Power of Partnership • Strength in Diversity 2

ETA Ascon Star Group • Multi-interest, multi-dimensional, multinational conglomerate • Partnership between the respected Al Ghurair Group of Dubai and Amana Investments of Hong Kong • Set up in 1973, among the most well-known names in the region • Expertise covers – 16 broad industry verticals • Integration across sectors 3

Some Basic Figures • Turnover: USD 5 billion plus • People: Over 73, 000 in the UAE • Network: 140 entities, 22 countries • Spread: 16 industry verticals 4

The many facets of ETA Ascon Star Group • • Contracting & Engineering Trading Shipping Manufacturing & Assembly Oil & Natural Gas Facilities Management Automobiles Real Estate • • Retail Services Travel & Leisure Healthcare Aviation Learning & Education Insurance Hospitality 5

Pillars of the Group Contracting and Engineering 6

Contracting and Engineering Ascon : Civil Engineering • Flagship of the Group • Among the most respected construction companies • Unmatched technical and engineering capabilities • Swift, smooth and integrated execution of turn key projects Related companies: Ascon Road Construction, Ascon Marble and Granite, Ascon Leisure Division, ETA Construction India (P) Ltd, Ascon Construction 7

Contracting and Engineering ETA M&E - Electromechanical Works • Frontrunner in electromechanical contracting • Wide range of MEP services including design, supply and installation of air -conditioning, electrical, sanitary, plumbing, fire protection, ELV and BMS systems • Fully computerized design facilities and advanced skills • Executed environmental control for projects including hotels, shopping malls, banks, cinemas, hospitals, universities, airports, railway/metro stations, IT parks and communications and industrial Related companies: Gulf District Cooling, ETA Engineering (P) Ltd 8

Contracting and Engineering ETA MELCO - Elevator and Escalator Engineering & Products Division • Largest elevator company in the Gulf • Highest market share in vertical transportation • JV between ETA and Mitsubishi Electric Corporation, Japan – one of the most innovative names in elevators and escalators • Network: 17 countries covering UAE, Qatar, Kuwait, Oman, Turkey, Azerbaijan, Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, Bangladesh, India, Iran, Sri Lanka, Maldives, Seychelles, Mauritius • Products Division caters to the specialized need for engineering products in the construction industry-Aluco Bond 9

Contracting and Engineering ETA POWER Power Projects – Internationally renowned EPC company • Experts in power generation, transmission, distribution and desalination projects. • ISO 9001 certification • The division has an in-house testing and commissioning wing ETA Star International LLC • An established EPC contractor in major industries including Power, Oil and Gas, Extra High Voltage Transmission, Industrial and Commercial projects and Specialized Architectural projects, with proven global credentials. 10

Contracting and Engineering ETA ZENATH Zenath Horizontal Directional Drilling • One of the biggest HDD contractors in the Middle East having a fleet of 11 rigs • ISO 9001 certification • Servers the utility industry including oil, gas, water, telecom and electrical underground network. Zenath Water Treatment Division • Advanced and accepted technology is used to test, purify and recycle water for reuse. • Has a technology agreement with Sekisui Chemical Ltd of Japan 11

Pillars of the Group Trading 12

Trading ETA Trading & Shipping • • • Multi-faceted global enterprise Largest dealer of dry bulk cargo in the region Deals in a variety of agro products, minerals, raw materials, fertilizers and chemicals 13

Trading Other Companies • • Timber & Surface Material Division – Offers wood and coating solutions worldwide Zenath General Land Transport Co LLC – Involved in earthworks and leasing of construction machinery 14

Pillars of the Group Shipping 15

Shipping • • • Owns 26 vessels Charters over 200 vessels every year Carries over 450 million tonnes of cargo Deadweight/capacity: 1 million tonnes Placed orders for 28 additional vessels (investment: USD 1. 68 billion) Network: Shanghai, Hong Kong, Bangkok Target: Fleet of 100 ships, chartered and owned JV with Mitsui OSK Lines (MOL) for operating VLCC vessels Expertise in developing and implementing innovative concepts for onshore and offshore bulk handling Related companies: West Asia Maritime Ltd, Emirates Port Services, ETA Ship Sale and Purchase Division 16

Shipping • Ship Management – ISM certified for bulk carriers, oil tankers, chemical tankers and other vessel types – ISO 9001 -2000 certified – Excellent, efficient and professional ship management services 17

Shipping Other Companies • West Asia Maritime Ltd – An ISO certified ship owning and operating company in India • Trading & Shipping LLC – Multifaceted global enterprise handling over 15 million tonnes of various commodities • ETA Ship Sale & Purchase – Manages ship trading including techno-commercial aspects • Emirates Port Services – Joint venture with Ajman to manage the Ajman Port and Customs • Star Maritime Pte Ltd – Singapore-based, involved in transportation of petroleum products 18

Pillars of the Group Manufacturing and Assembling 19

Manufacturing and Assembling • Star Cement – Among the foremost cement manufacturers in the Middle East – Installed capacity: 2. 5 million metric tonnes per annum (MTPA) – State-of-the-art cement manufacturing facilities in UAE, Bahrain, Bangladesh and Sudan – Production capacity of Ajman plant: 1 million MTPA – Produces a range of cement products like Portland Cement, Sulphate Resistant Cement, Pozzolona, Fly Ash Cement and White Cement 20

Manufacturing and Assembling • ETA Joinery – Provides wood joinery services to Royal Residences, Hotels, Government Buildings, University Buildings, Banks, Conference Rooms, Museums/Heritage structures etc • Ascon Marble and Granite – Imports top-quality marble and granite from Italy, Spain, India, Brazil, etc – Processing center at its factory in Dubai • ETA Windows – Innovates and introduces new building materials to the construction industry – Enters into foreign collaborations to offer added value to customers 21

Manufacturing and Assembling • ETA PCS Manufacturing – Designs, develops and manufactures a range of top quality lowvoltage switchgear and control equipment • ETA Mechanical Engineering – Leader in steel fabrication – Member of the Steel Construction Institution (SCI), UK • ETA Profile – Set up in 1995 – ISO certified – Manufactured and supplied over 3. 5 million roof and wall cladding material • Emirates Duct – Capacity: 40, 000 sq ft air distribution per day – Manufactures a range of ducts 22

Manufacturing and Assembling • ETA General (P) Ltd – JV with Fujitsu General Limited, Japan – Plant in Pondicherry, South India • Zenath Metal Industries – Experts in alternative garbage disposal methods – Garbage chute manufacturing specialists • ETA Engineering P Ltd – Based in India, offers complete range of control plant equipment – Manufactures air handling units – Manufactures Fujeta ductable split air conditioners • Zenath Power Systems – Leader in diesel generator sales and rentals – Conforms to international emission norms 23

Manufacturing and Assembling Star Steel International LLC • • Investing US$ 80 million Equipment purchased from Italian suppliers Steel Rolling Mills - one to produce Steel Rebars Produce Steel Structural Sections Expected production of Steel Rebars is 360, 000 TPA Expected Steel Structural Sections is 240, 000 TPA Estimated annual turnover of US$ 420 million target contribution will be approx 5% of UAE‘s total demand • employing more than 250 people to support this development 24

Manufacturing and Assembling Star Steel International LLC The Steel Rolling Mill – Sharjah and Steel Melt Shop – Abu Dhabi Could be considered as the biggest and pioneering private sector venture in UAE. STEEL INITIATIVE OF THE GROUP Trading of Steel In Oman/UAE 2006 Onwards Rolling Mills Rebar – 368000 T/Y Sechmo – 240000 T/Y Steel Melt Shop 0. 85 Million/T/Y 25

Manufacturing and Assembling Star Steel International LLC TRADING • • Sales of Rebar in 2007 – 50000 tones Sales of Rebar & other steels – 150000 tones ROLLING MILLS HAMRIYA FREE ZONE – Sharjah • • • Rebar Plant Trials – December 2008 Commercial Production – January 2009 Structural Mill Trial – February 2009 Commercial Production – March 2009 Equipments imported from Italy Project Cost – USD 80 Million STEEL MELT SHOP – Abu Dhabi • • • Likely Commissioning in 2010 Equipments imported from Austria Project Cost – USD 100 Million 26

Pillars of the Group Oil and Natural Gas 27

Oil & Natural Gas • Star Petro Energy – Vision: To become a new generation independent energy company – Focus on acquiring and exploiting proven reserves – Upstream business concentration in Middle East & North Africa, the subcontinent and other regions • Zenath Oil Derivatives LLC – Supplies international quality petroleum products to major bulk consumers – Represents prestigious petroleum companies like ADNOC – Offers competitive rates – Official distributor of ADNOC for Dubai and Northern Emirates 28

Oil & Natural Gas • Star Oil fields Services – Part of ETA Star Holding Group – Leading service provider of drilling and allied services in MENA and the subcontinent – Upstream solutions in Oil and Gas sector 29

Pillars of the Group Facilities Management & Environment 30

Facilities Management & Environment • Modern Building Maintenance Co (MBM) – Established in 1977 – Provides reliable, efficient and high-quality services in cleaning, administrative support, pest control, landscaping, maintenance, security and waste management – MBM has over 10, 000 dedicated and motivated employees • Emirates Security Services: – – Operates with military precision from central control room Managed by ex-army personnel In-house training center equipped with patrol vehicles and wireless radio Provides 24 -hour security solutions across UAE 31

Facilities Management & Environment • Zenath Recycling and Waste Management LLC – 2, 300 containers of sizes ranging from 1. 1 cubic meters to 30 cubic meters – 50 heavy trucks on the roads of Dubai – 24 x 7 x 365 services • Zenath Vacuum Sewerage System – Wastewater collection solutions for urban, residential, agricultural and fishery housing areas, resort and recreational areas – Specialization in flat topography with high water table and/or soft ground conditions • EMCO An established leader in air-conditioning, electrical, mechanical and civil construction projects, maintenance, refurbishment works and interior fit-out works 32

Pillars of the Group Automobiles 33

Automobiles Companies: • CARS Workshop and Rental Service • CARS Taxi Services • Exim Star Auto • Western Auto • Zenath General Land Transport 34

Pillars of the Group Real Estate 35

Real Estate ETA Star Properties - Property Development – Offers a whole gamut of services in property development and hospitality – Develops commercial, residential and hospitality properties – Launched over 5 million sq ft of premium properties in freehold areas of Dubai and northern emirates – Overseas developments in India and Sri Lanka – Another division, ETA Star Projects (Dubai Lifestyle City), also caters to high-end lifestyle projects in property and hospitality 36

Real Estate • Dubai Lifestyle City – Multi-faceted development that makes life complete and fulfilling – World-class sports academy with multi-sports venues – 5 -star luxury hotel, 4 -star sports hotel – Shopping center, green house, residential condominiums, duplexes, apartments, villas – Partners with JW Marriott, IMG Academies, Microsoft, Tony Ashai 37

Pillars of the Group Retail 38

Retail Giordano Fashions • Giordano International was founded in Hong Kong in 1981 • Present network of over 2, 000 stores in the Middle East, Asia, Australia, India, Eastern Europe and North America. Star Fashions • • Tied up with Duchamp of London Duchamp is a 20 -year-old London-based company 39

Retail Food Outlets • • Star Retail, Zenath Food, Barista, Star Fast Consumer Electronics • Kitchen House (Brands offered: Fujeta, TCL, Titan) Jewelers • Al Haseena Jewellery 40

Pillars of the Group Services 41

Services • Human Resources – HRM team involved in manpower recruitment, visa processing, labor management. – HRD-Sources, trains, develops and retains a highly competent workforce in the Group – Corporate Communications-Primarily PR driven, works for corporate image enhancements and communicates to the internal and external publics. • Corporate Accounts – Professional chartered accountants’ team – Expertise in corporate finance, accounts, banking and internal audit – Computerized and integrated accounting systems • IT Services – Managed by qualified, experienced specialists – Provides communication network throughout the organization – Speedy, efficient transactions and timely information flow to hundreds of users 42

Services ETA Info Tech – An end-to-end IT solutions company – Based in Dubai with branches in India, USA, Middle East, South East Asia, and Africa – Development centers in India and Dubai • Star Portal LLC – Incorporated in 2001 – E-business solutions company offering varied web based development services – Offers web design, e-commerce enabled solutions, e-sourcing and spend management solutions 43

Travel & Leisure • • • ANTA - Corporate and Leisure Travel Management Services ALMAHA Travel & Tours – Represents Air China & Air India Express MAJESTIC Travel & Tours (L. L. C) – Represents Thai Airways ETA Travels - Dubai Ascon Travels - Chennai, India 44

Pillars of the Group Healthcare 45

Healthcare • ETA STAR Healthcare – Established in 2003 – Launched various projects to offer comprehensive healthcare services in the UAE • RAK Hospital – A subsidiary of Arabian Healthcare, a JV between the Government of Ras Al Khaimah under the guidance of His Highness Sheikh Saud Bin Saqr Al Quassimi, and the ETA Ascon Star Group – JVs have also been set up with India’s Metropolis and Trivitron for hospitals, clinical laboratories and trading in medical and diagnostic imaging equipments 46

Pillars of the Group Aviation 47

Aviation • Star Aviation Services – A 100% subsidiary of ETA Star set up in 2005 – Maintenance, repair, overhaul or aircrafts, aircraft dismantling, stock and sales of spare parts and ground support equipment – Also involved in trading and leasing of classic range of aircraft engines to various airlines – Maintains stringent quality control requirements governed by the European Air Safety Agency 48

Pillars of the Group Learning and Education 49

Learning & Education • Meets the demand for quality higher education in professional disciplines in the UAE by bringing in premier Indian institutions. • Some of the Group’s prestigious learning centers: • School Education – Star International School, Al Twar – Star International School, Sharjah – Star International School, Mirdif – Star International School, Umm Al Sheif 50

Learning & Education • Higher Education – BITS Pilani-Dubai – Al Ghurair University – MAHE Manipal – Dubai Institute of Business Management 51

Pillars of the Group Insurance 52

Insurance • Pearl Insurance Brokers – Provides value addition by analyzing insurance requirements – Evaluates existing insurance program vis-à-vis the needs – Helps to close the gap between needs and insurance coverage • Star Health Insurance India – JV between Oman Insurance Company, ETA Ascon Group and a host of insurance veterans from India – Provides dedicated, affordable and quality health insurance that preserves and values human life 53

Pillars of the Group Hospitality 54

Hospitality • ETA Star Hospitality LLC – Dedicated hotel management organization based in Dubai – Undertakes contracts to operate hotels and hotel apartments • Brands operating under ETA Star Hospitality – Star Grand Hotel Apartments Deluxe Hotel Apartments – Star Metro Hotel Apartments Standard Hotel Apartments – Star Metro Hotels 3 & 4 Star City Hotels 55

ETA Ascon Star Group A deep rooted past, a blooming present and a sustained future 56

Thank You 57