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26/06/2008 Al Mal Capital PSC announced the quarterly rebalance of Al Mal UAE FALCON Index
Posted on 26 Jun 2008

Al Mal Capital PSC announces the quarterly rebalance of the Al Mal UAE FALCON Index

United Arab Emirates, June 26th - Al Mal Capital PSC, the UAE Investment Company, today

announced the quarterly rebalance Al Mal UAE FALCON Index (Following All Liquid

COmpany Names) for the third quarter of 2008.

In line with the Index rules, Al Mal Capital will rebalance the Index on the close of the

business on the last Thursday in March, June, September and December taking into account

the trading data of the prior 100 trading days.

The Al Mal UAE FALCON Index is a unique benchmark designed to provide a real-time,

liquid and tradable representation of the performance of the UAE equity markets and due to

its characteristics as a tradable basket, will be used as a practical benchmark for investors in

the UAE, as well as international investors from the GCC, Europe, Asia and North America.

Al Mal Capital is a leading Dubai-based Investment Company, licensed and regulated by the

UAE Central Bank, with paid-up capital of Dh. 333 million. The Company provides its

prestigious list of clients with Investment Banking, Brokerage and Asset Management

services.

Index Characteristics

The Al Mal UAE FALCON Index accounts for the special characteristics of the UAE equity

markets: a significant portion of market liquidity and trade linked to a series of companies

with large market capitalization, contrasted with closely-held positions in some companies of

size, rendering them difficult to trade. The FALCON addresses this anomaly by identifying

the stocks that are both largest and most liquid, as it’s rational for inclusion.

The index contains 20 members from both the ADSM and DFM that as of the current

rebalance account for over 75% of 100 day average traded value on both exchanges and for

over 35% of combined market capitalization as of June 26th 2008.

The following companies that were previously in the index no longer have a weighting:

EMIRATES INTEGRATED TELECOMM, ISLAMIC ARAB INSURANCE CO &

FIRST GULF BANK. They will be replaced with the following: ARABTEC HOLDING

CO, RAS AL KHAIMAH CEMENT CO & ABU DHABI NATIONAL ENERGY CO.

The weightings are based on (1) Average traded value; (2) market capitalization; and (3)

length of time that a company has been listed. Individual company weightings are capped at

25% and sectors are capped at 35%.