EMAAR DEVELOPMENT PJSC — Earnings Release 2018

Feb 14, 2018

7 +971 4 3673333 T +971 ف . . . ٣٦٧٣ ٤ ١٧١

Emaar Development PISC إعمار للتطوير ش.م.ع
P.O.Box 9440, Dubai F+97143673000 enquiry@emaar.ae emaar.com

Issuance & Disclosure Department

Preliminary Results of Public Joint Shareholders Company (Final Result Brief for the year ended 31 December 2017)

First - General Information:

Name of the company: Emaar Development PJSC

Date Establishment: 02 April 2003

Paid up capital: AED 4,000,000,000.

Subscribed capital: AED 4,000,000,000.

Authorized capital: AED 8,000,000,000.

Chairman of the Board: Mohamed Ali Alabbar

Managing Director\Chief Executive Officer\General Manager: Christopher O' Donnell

Name of the external auditor: Ernst & Young

Mailing address: P.O Box 9440, Dubai, United Arab Emirates

Tel: +971 4 3673333

Fax: +971 4 3673000

E - mail: investor-relations@emaar.ae

Second - Preliminary Results (000 AED):

	2017	2016
1-Total Assets	24,173,308	19,119,900
2- Shareholders Equity	5,083,579	6,752,222
3- Revenues	8,862,968	6,898,599
4- Net profit for the period 1	2,742,621	2,112,403

5-Summary of the company's performance for the last fiscal year.

(a) The Group has recorded an annual net profit of AED 2,743 million for the year 2017.

(b) The Group has recorded revenues of AED 8,863 million for the year 2017.

1. Profit represents attributable to Equity holders of the Parent.

Chairman or authorized person signature:............

Company stamp:....