1. Panel V: Investment Opportunities in Real Estate and Tourism 14 April 2008

2. Presentation titlePage 2 Drivers for Real Estate Market in Oman Commercial ► Increasing Private Investment and Foreign Direct Investment ► Increasing number of registered enterprises ► Increasing returns on commercial property ► Shortage of quality properties Residential ► Demographic demand drivers ► Shortage of quality properties ► Increasing levels of income ► Increasing rentals Tourism ► Increasing role of tourism in the economy ► Successful launch of ITC projects (4 launched and many more expected) ► Significant demand for hotel rooms (highest growth in RevPar for past 2 years) Retail ► Shortage of quality properties ► Estimated supply of additional 200,000 square meters till 2010 ► High per capita annual spending of local population increasing focus on development of retail space

3. Presentation titlePage 3 Tourism Attraction Culture & Tradition Vision Tourism Action Plan Six Priority Development Region Action Plan  Infrastructure Development  Investment Attraction  Private Sector Role and Participation  Human Resource Development  Muscat  Al-Batina  Dhofar  Al-Sharqia  Musandam  Al-Wusta  Integrated Marketing  Development Initiatives

4. Presentation titlePage 4 Announced Projects ProjectsDevelopersLocation Al Aqeer ResortAbdul Nasser Al QayatShinas, Batinah The Wave Majid Al Futtaim Inv, Gov Of OmanWest of Muscat Journey Of LightAlfa International Holdings10 Km North Of Muscat Al Alargan ResortAl Argan InternationalSeeb, Muscat Al Inshirah Tourism CentreOmranMuttrah,Muscat Al Qurum Tourism And Commercial CentreOrascom And OmranQurum, Muscat Al Sauda Boutique HotelOrascom And OmranDhofar Bandar Al-khairanAl- Khairan CompanyBandar Khairan, Muscat Blue CityAl Sawadi Inv And TourismAl Sawadi Ziggi BayAl Marsa CompanyDibba, Musandam

5. Presentation titlePage 5 Announced Projects ProjectsDevelopersLocation Convention centreOmranSeeb Green Acres Radiance,Transmit NanyangMuscat Jebel SifahOrascom & OmranSifah, Muscat Mibrat Tourism VillageDhofar Tourism CompanyMibrat,Salalah Muscat Hills H H Sayyid Talal bin Tarik Al Said H H Sayyid kais bin Tarik Al SaidSeeb, Muscat Ras al Hadd Resort Qatari Diar Real estate Inv GroupRas Al Hadd, Sur Salalah Resort Muriya Tourism DevelopmentSalalah Shinas ResortSama Dubai & OmranShinas, Batinah Salam Resort and Spa-YittiSama Dubai & OmranYitti,Muscat Yenkit Majid al futtaim Inv, Yenkit Tourism Development LLCYenkit, Muscat