Prime Investments International Group Limited Appointment of New Chief Executive Officer

Prime Investments International Group Limited ("Prime" or the "Company")

Appointment of new Chief Executive Officer

Prime is pleased to announce the appointment of Mr. Muin El Saleh as the Chief Executive Officer of the Company.
 
In his most recent role before joining Prime, Mr El Saleh worked as the General Manager of Abdul Latif Jameel Real Estate Investment Company based in Jeddah, Saudi Arabia. While at Abdul Latif he successfully transformed the company into a major real estate player owning a vast portfolio of land in Makkah, Jabal Al Kaa'bah in close proximity to the Masjid Al Haram.
 
Muin El Saleh completed his higher education studies in the United Kingdom. He holds a Bachelor Degree in Civil Engineering from Liverpool University and a Masters in Business Administration (International Marketing) from Leicester University.

Dr Noor Atatreh, Executive Director commented "The Board is delighted to welcome Muin El Saleh as CEO. He has an excellent track record of professional management in Prime's focus areas and I am confident that he will be an excellent leader of our management team. Muin has a track record of delivering financial success at the companies he has worked at and I am confident he will continue to do the same for our shareholders".
 
The Directors of the issuer accept responsibility for this announcement.
 
- ENDS -
 
For further information please contact:

Gerry Thompson, Nicola Baldwin at City & Westminster Corporate Finance LLP
2nd Floor, Stanmore House, 29-30 St James's Street, London SW1A 1HB
+44 207 766 0080
gthompson@city-westminster.com
nbaldwin@city-westminster.com
 
Or
 
Nicholas Lunt, Mustafa Alrawi at M:Communications in the UAE:
lunt@mcomgroup.com
alrawi@mcomgroup.com
+971 4 325 9675
and Stuart Leasor at M:Communications in London
leasor@mcomgroup.com