Dubai International Capital appoints Mark Lunn as Managing Director, Corporate Communications

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Dubai International Capital LLC (DIC), the international investment arm of Dubai Holding, today announced it has appointed Mark Lunn as Managing Director, Corporate Communications.

Lunn, aged 42, has over 16 years experience in financial and corporate communications and is a specialist in the financial services sector. He joins DIC from Gavin Anderson & Co, an international financial PR consultancy, where he was a London based Managing Director with an international client portfolio and responsibility for the Middle East.

He has advised a number of global financial institutions in the UK and the Gulf on corporate reputation, media relations and public affairs as well as providing strategic advice on transactions. Prior to this, Mark spent over 10 years in advertising, principally with WPP, in roles based in London, China and Japan.

Sameer Al Ansari, Executive Chairman and CEO of DIC said: "I am delighted to welcome Mark, who has the experience and skills to help us build on the positive reputation of DIC and communicate our strategy to our stakeholders as we expand our operations and investments around the world."

Lunn commented: "I am excited to be joining such a unique and dynamic company. DIC has experienced exceptional growth since it was established in 2004 and has become a leader in its field. The company already manages an international portfolio of diverse assets and has exciting growth plans. I look forward to supporting DIC's ambitions globally."

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About Dubai International Capital LLC www.dubaiic.com

Established in 2004, DIC is an international investment company focused on both private equity and public equity.  A wholly-owned subsidiary of Dubai Holding, DIC manages an international portfolio of diverse assets that provide its stakeholders with value growth, diversification, and strategic investments. Assets under management total over US$12 billion.

DIC Private Equity invests mainly in secondary buyouts in developed markets and has acquired businesses in a range of sectors in Europe and North America. Acquisitions include the UK leisure company Tussauds Group for £800m (later merged with Merlin Entertainments; DIC retains a 20% stake), the UK engineering company Doncasters for £700m, the US engineering company FastenTech for $492m, the UK hotel chain Travelodge for £675m, the German industrial packaging manufacturer Mauser for €850m, the UK healthcare company Alliance Medical for £600m, and the German producer of specialty alumina Almatis.

DIC Global Equities makes structured investments in large-cap, global equities, either directly or via DIC's US$2 billion Global Strategic Equities Fund (GSEF). The GSEF has acquired substantial stakes in HSBC, EADS, and Sony Corporation. DIC has directly invested in a 2.87% stake in the Indian financial services firm ICICI Bank. DIC has also taken a strategic 9.9% stake in Och-Ziff, an alternative asset management firm based in New York.

DIC Emerging Markets invests in a range of asset classes in emerging markets. Private equity investments include significant stakes in the UAE-based luxury retailer Rivoli Group and Singapore-based True Group, a leading provider of wellness services in South East Asia in addition to a US$200 million investment in Oger Telecom, a leading regional telecom conglomerate.

DIC has also established sector or country-specific investment funds such as Ishraq, a US$150 million investment company bringing the Holiday Inn Express brand to the Middle East; the US$500 million MENA Infrastructure Fund, which invests in infrastructure projects in the Middle East and North Africa, Jordan Dubai Capital, a US$300 million investment company that targets private equity opportunities in Jordan and most recently China Dubai Capital, a US$1 billion fund that will target opportunities in China's growing economy.

DIC is a founding shareholder of Dubai Aerospace Enterprise and has a joint venture with CBRE that provides real estate asset management services. DIC Asset Management (DICAM) arranges and promotes the investment funds. DICAM is regulated by the Financial Services Authority and holds a Category 4 licence. DIC contributes to filling the equity gap faced by regional entrepreneurs through its fully-owned subsidiary, the Arab Business Angels Network (ABAN).

ABAN acts as a link between entrepreneurs and Angel Investors and aims to complement the economic development objectives of the Arab world by facilitating the development of creative and productive entrepreneurial ventures. Additional information about the Arab Business Angels Network is available at: www.aban.ae.

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