Phoenician Funds

RAK Real Estate Ltd - Annual Accounts

RAK REAL ESTATE LTD (the “Company”)

The Company regrets to announce a delay in its final results for the period ending 31 December 2010 due to incomplete and late data transmission which have to be incorporated into the body of the results.  The Company expects to have his problem rectified forthwith and will announce the results as soon as possible.
 
"THE DIRECTORS TAKE RESPONSIBILITY FOR THIS STATEMENT"
 
For further information, please contact:
 
Corporate Adviser:
City & Westminster Corporate Finance LLP
Gerard Thompson & John May 
2nd Floor, Stanmore House 
29-30 St. James's Street 
London 
SW1A 1HB 
Telephone: 0044 20766 0080
 
RAK Real Estate Ltd
c/o  Al-Khorafi National Group For General Trading & Constructions
Mohammed Nour
Rakan Tower
25th Floor
Fahad Al Salem St.
Kuwait City
Kuwait
Tel: (+965) 22496031/5

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