Emaar Properties to hold eleventh AGM on April 29, 2009

Emaar Properties to hold eleventh AGM on April 29, 2009
Emaar Properties PJSC will hold its eleventh Annual General Meeting (AGM) at 5pm on Wednesday, April 29, 2009, in Exhibition Hall No. 1 of the Dubai World Trade Center.
The AGM will discuss the proposal of the Board of Directors regarding the
non distribution of dividends. Also on the agenda are the approvals of the Directors’ Report, Auditor’s Report and financial statements, appointment of auditors for the year 2009 and election of members for the Board of Directors.
In 2008, Emaar recorded net operating profits of AED 5.578 billion (US$1.519 billion), 15 per cent lower than previous year figures of AED 6.575 billion (US$ 1.790 billion). Emaar’s annual revenue for 2008 is AED 16.015 billion (US$4.360 billion), 10 per cent lower than AED 17.869 billion (US$4.865 billion) in 2007.
Emaar will continue to build on our strategy of business segmentation and geographic expansion as we continue to strive to maximise shareholder value.