DP World seeks dual listing on London Stock Exchange


Wednesday, January 6, 2010

In March 2009 the Board of DP World stated it would evaluate all available options to address its continued disappointment with the markets valuation of the company.

After an extensive period of review with advisers, and discussions with shareholders, the Board of DP World has decided to seek a premium listing on the London Stock Exchange whilst maintaining the existing primary listing on Nasdaq Dubai. It is currently envisaged that we will seek admission for listing in the second quarter of 2010.

The Board remains committed to our shareholders in the region and believe that they will also benefit from this move.

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Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum