The Ferrari Theme Park

*The Yas Island

Project Finance

*The Yas Island

*Yas Island occupies a total land area of 2,500 hectares

*1,700 hectares is claimed for development

*Island will feature attractions such as a world-class motor sports racetrack, signature hotels, the Ferrari theme park, Water Park, and the Abu Dhabi destination retail development of 300,000 sq m retail area

*Unique International tourist destination expected to complete by 2014

*Yas-Marina Circuit

*Work on Yas Marina Circuit began in February 2007, and has included:

*Employing a workforce of 14,000

*Investing 35 million man hours

*Shifting 1.6 million cubic meters of earthwork

*Laying 720,000 square meters of asphalt

*Pouring 225,000 cubic meters of concrete

*Installing 30 kilometres of special electronic ducts

*Installing 25 kilometres of electrical cabling

*Installing 17 kilometres of drainage

*Installing 22 kilometres of irrigation piping

*Landscaping 430,000 square meters of ground

*Planting 5,000 trees

*Setting 40 kilometres of curb-stones

*Outlook

*Value & Financing

*Project Valued at USD 100+ billion

*Categorized sector: Real Estate | Leisure & Entertainment

*Financing Sources: Abu Dhabi Ministry of Presidential affairs, Abu Dhabi Investment Authority, BNP Paribas, Mashreq Bank, and HSBC are the project financiers.

*The Ferrari Theme Park

*A project of records

*The largest indoor theme park and housing the fastest roller coaster in the world it is also the largest standing seam metal roof in the world

*The roof only is over 200.000 m2 whereas the total project volume including aluminum façade covering is approximately 300.000 m2. The equivalent of 50 football pitches!

*Outlook

*Value & Financing

*Project Valued at USD 40 billion

*Categorized sector: Leisure & Entertainment

*Financing Sources: BNP Paribas, Mashreq Bank, and HSBC are the project financiers.

*Investment Break-up

Financers USD in billion

Ministry of Presidential Affairs 55.8

BNP Paribas 10 (7+3)

Mashreq Bank 15.25

Abu Dhabhi Investment Authority 8

Noor Islamic Bank 25.12

HSBC 10

*Finance structure

*Started in 2006 the project called in for a AED 1,452.3 million

*Net asset value moved by 99% to AED 1,566.6 million in a 12-months period of time

*Developments under construction increased in value by 175.3 percent to AED 22,934.3 million from AED 8,332.0 million at end 2007

*Finance Structure

*Post MoU of NIB & Aldar and Sorouh real estate in 2008, 90% of financing to YAS was done by NIB

*By mid-2009, the ferrari theme park was up & running

*The value of developments under construction increased by 119.2% to AED 18,260.1 million (2008: AED 8,332 million)

*Thank You