DIC statement

Published June 13th, 2010 - 11:07 GMT

Following the Sunday Times story this morning, Dubai International Capital ("DIC") confirms that its Board was dissolved in January 2010 by its parent company, Dubai Holding, in order to implement a new governance structure. DIC is currently under the direct supervision of Dubai Holding. All sub-committees of the DIC board including investment and audit committees remain in place. 

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