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Damas Bid

Company: Mannai Corporation
Release Date: March 28, 2012

OFFER FOR THE SHARES IN DAMAS INTERNATIONAL LIMITED BY GOLDEN INVESTMENTS LIMITED (A COMPANY CONTROLLED BY MANNAI CORPORATION QSC AND EFG CAPITAL PARTNERS MANAGEMENT LIMITED).

Access to this section of the website may be restricted under securities laws in certain jurisdictions. This notice requires you to confirm certain matters (including that you are not resident in such a jurisdiction), before you may obtain access to the information on this section of the website. These materials are not directed at or accessible by persons resident in any jurisdiction where to do so would constitute a breach of any legal or regulatory requirement.

IMPORTANT INFORMATION

This area of the website (the “Micro Site”) contains announcements, documents and information (together the “Information”) relating to the bid by Golden Investments Limited (a company controlled by Mannai Corporation QSC (“Mannai”) and EFG Capital Partners Management Limited (“EFG Hermes”)) (“BidCo”) for the entire issued share capital of Damas International Limited (“DIL”), a company incorporated in the Dubai International Financial Centre (the “DIFC”) (the “Bid”). The Information is made available in good faith and for information purposes only and is subject to the terms and conditions set out below.

The Information has been made available in order to comply with Rule 2.6 of the Takeover Rules Module issued by Dubai Financial Services Authority. The Information disclosed may not be the same as that which would have been prepared in accordance with the laws outside the DIFC. The Information is not intended to, and does not, constitute or form any part of an offer to sell or an invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities in any jurisdiction, pursuant to the Information or otherwise.

The Bid will be made solely by the Bid Document which, when issued, will contain the full terms and conditions of the Bid, including details of how the Bid may be accepted by DIL shareholders. For all enquiries relating to the Bid, please contact Alex Blake-Milton on +971 4 446 6273.

Mannai reserves the right to amend or update this notice at any time and you should therefore read it in full each time you visit the Micro Site. In addition, the contents of the Micro Site may be amended at any time in whole or in part at the discretion of Mannai.

Overseas Persons

As a consequence of legal restrictions, the release, publication or distribution of the Information in certain jurisdictions or to certain persons may be restricted or unlawful. All persons resident or located outside the DIFC, the United Kingdom or the United States who wish to view the Micro Site must inform themselves of, and observe, any legal or regulatory requirements applicable in their jurisdiction.

If you are resident or located in a country that renders the accessing of the Micro Site or parts thereof illegal, whether or not subject to making certain notifications or taking other action, you should not view the Micro Site.

Unless otherwise determined by Mannai and permitted by applicable law and regulation, it is not intended that the Information be accessible by persons resident or located in any jurisdiction where to do so would constitute a breach of any legal or regulatory requirements of such jurisdiction.

It is your responsibility to satisfy yourself as to the full observance of any relevant laws and regulatory requirements of the relevant jurisdiction in connection with the Bid. If you are in any doubt, you should not continue to seek to access the Micro Site.

The Information may not be downloaded by any person either in whole or in part where to do so would or may constitute a breach of any legal or regulatory requirements of such jurisdiction, or subject any person connected with the Bid to any registration or licensing requirement in that jurisdiction.

The Information does not constitute an offer to sell or an invitation or solicitation of any offer to purchase or subscribe for any securities in any other jurisdiction in which such offer or solicitation may constitute a breach of any legal or regulatory requirements of such jurisdiction.

Forward looking statements

The Information may contain certain “forward looking statements” concerning BidCo, Mannai, EFG Hermes or DIL or DIL’s group of companies. Generally, the words “will”, “may”, “should”, “could”, “would”, “can”, “continue”, “opportunity”, “believes”, “expects”, “intends”, “anticipates”, “estimates” or similar expressions identify forward-looking statements. The forward looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in them. Many of these risks and uncertainties relate to factors that are beyond BidCo’s, Mannai’s, EFG Hermes’ or DIL’s abilities to control or estimate precisely, such as future market conditions and the behaviours of other market participants, and therefore undue reliance should not be placed on such statements which speak only as at the date of the relevant document. None of BidCo, Mannai, EFG Hermes or DIL assume any obligation to, and do not intend to, update any forward looking statements, except as required pursuant to applicable law.

No statement in this Micro Site is intended, or is to be construed as, a profit forecast or to be interpreted to mean that earnings per DIL share for the current or future financial years will necessarily match or exceed the historical published earnings per DIL share.

Responsibility

In relation to the Information, the only responsibility accepted by the directors of BidCo (the “Directors”) is for the correctness and fairness of its reproduction or presentation unless the responsibility statement in any relevant document expressly provides otherwise.

The Directors are responsible in the terms set out above solely for the Information and not for any other information on the website which you may visit on leaving the Micro Site.

None of the Directors, BidCo, Mannai or EFG Hermes or any of their affiliated companies have reviewed, and none of them is responsible for, or accepts any liability in respect of, any information on any other website that may be linked to this website by a third party.

The Information speaks only at the specified date of the relevant document and none of the Directors, BidCo, Mannai or EFG Hermes has, or accepts, any responsibility or duty to update such documents (other than to the extent such duty arises as a matter of law).

If you are in any doubt about the contents of the Micro Site or the action you should take, you should seek your own financial advice from an appropriately authorised independent financial adviser.

THE DOCUMENTS MAY NOT BE DOWNLOADED EITHER IN WHOLE OR IN PART BY ANY PERSON IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF ANY LEGAL OR REGULATORY REQUIREMENTS OF SUCH JURISDICTION.

The Information is not directed at or accessible by persons resident in any other jurisdiction where to do so may constitute a breach of any legal or regulatory requirement of such jurisdiction.

If you are resident or located in any jurisdiction into which distribution of the Information may constitute a breach of any legal or regulatory requirement of such jurisdiction, you must click on the relevant box below and exit the Micro Site. You may only access the Micro Site if you can provide the following confirmations:

  • I certify that I am not (nor do I act on behalf of someone who is) resident in any country that renders the accessing of the Micro Site or parts thereof illegal;
  • BidCo, Mannai and EFG Hermes are lawfully entitled to make the Information available to me under all applicable laws;
  • I certify that I will not print, download, or otherwise seek to copy, forward, transfer or distribute the Information to any other person at any time;
  • I represent and warrant to BidCo, Mannai and EFG Hermes that I intend to access the Micro Site for information purposes only; and
  • I have read and understood this notice, I understand that it may affect my rights or responsibilities and I agree to be bound by its terms.

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<span style="text-align:left"> Tel: (+974) 4455 8888 </br> Fax: (+974) 4455 8880</br> Email: info@mannai.com.qa </span>

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