Amman - April 9th, 2007 - In a move that reaffirms its community centered values, Abdali Investment and Development psc (Abdali psc.) is proud to announce its gold sponsorship of the Dead Sea Ultra Marathon, which will take place on Friday April 13th 2007 under the patronage of H.R.H. Prince Raad Bin Zeid. The annual event in Jordan has already gained an important following over the years for its support of the Society for Care of Neurological Patients, headed by HRH Prince Firas Bin Raad. Founded in 1986, under the honorary patronage of HRH Prince Hassan Bin Talal, the society assists needy neurological patients by providing financial help for necessary surgical procedures, as well as increasing awareness about neurological diseases and traumas.

The gold sponsorship comes in line with Abdali psc's long term strategy to tactically heighten its social responsibility and strengthen its relations with the local community. Unquestionably, it is a sponsorship for Abdali in what is to be a chain of similar endorsements promoting general social wellbeing and benefiting disadvantaged individuals through fundraising activities that truly affect and change lives for the better.  Since its inception 14 years ago, the Dead Sea Marathon has aimed to do just that, with all proceeds from the Marathon going for the support of the Society for Care and Neurological Patients.

In addition, the Dead Sea Ultra Marathon has helped place Jordan on the international athletes' map, by providing such a unique opportunity for athletes to participate in a challenging marathon that takes them across Jordan, down to the lowest point on earth, the Dead Sea.

Mr. Jamal Itani, CEO of Abdali Psc commented by saying: "Abdali prides itself on nurturing the community on every level from the economic level to the grass root, community one. Therefore, we are very proud to announce our support for the Society for Care and Neurological Patients through sponsoring this year's Dead Sea Ultra Marathon. As Amman's premier real estate project, we recognize that our role as community developers comes hand in hand with social responsibility. This year's gold sponsorship is only the beginning of a series of communal and social activities which we, at Abdali, will strive to nurture more and more as our vision comes closer to life and we truly become an integral part of society."

Approximately 2000 runners are expected to participate in the unique run through the Dead Sea valley, comprising of Jordanian, regional and international participants. So far, the Society has contributed 600,000 JDs to the treatment of 940 neurological cases.

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About Abdali Investment and Development PSC
Abdali Investment and Development psc is a land-development private shareholding company established in Jordan though the successful public-private partnership between the National Resources Investment and Development Corporation (MAWARED), a government owned investment corporation and Oger Jordan, a Jordanian a subsidiary of Saudi Oger Ltd., an international construction conglomerate specialized in investment and development of large scale real estate and construction projects. A strategic partner has since followed, United Real Estate Company, under the group of Kuwait Projects Company (Holding) - KIPCO, bringing a wealth of experience as one of the premier investment companies in the Middle East and North Africa region with substantial interests in real estate and management advisory service.

About Abdali Urban Regeneration Project
Comprising an area of 350,000m2 of prime land, the Abdali development area is the largest contiguous, single-owned, vacant plot in the centre of Amman, opportunely bordered by King Hussein street to the north, Nabulsi Street to the south, the existing Parliament building to the east and Queen Noor Boulevard to the west; and is surrounded by more than 25 banks and financial institutions, 16 public institutions, 12 major hotels, 9 major hospitals in addition to numerous clinics and medical centres, 4 commercial centres and key civic landmarks of the city. The new downtown will be developed by Abdali psc as well as local & regional investors with a commitment to creating this unique and sophisticated mixture of public and private usages.

Contact:
Abdali Psc
Luna Madi  - Marketing Manager              
Email: lmadi@abdali.jo
Website: www.abdali.jo

Jo Chemali
Manning Selvage & Lee (MS&L)
Communication Director Levant
Jo.chemali@beirut.mslpr.com

© Press Release 2007