DP World share consolidation completed

Press release

Published May 19th, 2011 - 07:54 GMT

DP World is encouraging shareholders to check with their brokers or NIN accounts that they have received the correct number of shares

DP World has successfully completed a 1 for 20 share consolidation for all shareholders on the register prior to the commencement of trading today.

For shareholders with fractional entitlements, those fractions have been sold in the market and the cash proceeds from the sale will be returned to shareholders in the same way dividends are distributed via NIN accounts, Nasdaq Dubai Members, custodians and brokers.

DP World is encouraging shareholders to check with their brokers or NIN accounts that they have received the correct number of shares. Further information can be found on the Company’s website www.dpworld.com within the investor centre or by contacting your broker.

Background Information

DP World

We began life as a local port operator with our first project, the development of Dubai’s Port Rashid, in 1972. Seven years later we opened Jebel Ali Port, the busiest port outside of Asia and a facility that has propelled us on our journey to becoming a leading enabler of global trade.