2. April 2008 Qatar Development Bank

3. BACKGROUND Established as Qatar Industrial Development Bank (QIDB) in 1997, with a Capital (Authorized & Paid-up) of QR 200 million and activities limited only to the Industrial Sector Was Transformed into Qatar Development Bank (QDB) in 2006. Highly Expanded Range of Activities Presently, the only development financial institution in Qatar to serve all sectors of the economy, such as Industry, Tourism & Hospitality, Education, Healthcare, Agriculture, Fisheries & Livestock, and others. Present Authorized Capital: QR 5.0 Billion Present Paid-up Capital: QR 1.5 Billion QDB is fully owned by the Government QDB is an important element in the government’s overall development plan

4. GOALS Basic Goal : Assist in the development of the economy through developing and supporting the manufacturing and services sectors. These are achieved by:  Providing financial assistance to new as well as existing projects in industrial, tourism, healthcare, education, agricultural, animal resources, fisheries sectors  Facilitating JV projects and encouraging foreign direct investment  Encouraging private investment, increasing the investors’ base, developing entrepreneurship  Facilitating development and growth of SMEs  Introducing international best practices in all sectors of the economy, Increasing competitiveness of Qatari businesses  Playing an increasingly larger role in the SME Support  Providing consulting and advisory services

5. FINANCIAL ASSISTANCE Preference for Projects that: Use Locally Available Raw Materials and manufactured products Are Energy Intensive Are high on Automation and less Labor Intensive Integrate with and support the Existing Industries Represent Significant Advancement in Technology or Level of Services Are in line with the government’s economic development strategy

6. OPERATIONS Project Development Department The Project Development (PD) Department evaluates project proposals for financing (both long-term & short- term) Has responsibility for disbursement & recovery Follows up on the assisted projects Helps in obtaining all licenses, approvals, etc. Remains engaged from inception through completion Provides consulting and advisory services that may include preparation of feasibility studies and other project-related services

7. Long-Term Loans : QDB provides financial assistance to Greenfield projects as well as for expansion, diversification and modernization Amount : Depends on the Sector. As an example, for Industrial sector, up to 80% of cost of production equipment, 60% of fixed assets costs, or 10% of the capital & reserves of QDB, whichever is the lowest Tenure : Depends on the expected cash generation and debt servicing capacity of the project. For Industrial Sector, up to 8 years including 2 years’ grace period Short-Term Loans : QDB also provides short term loans for raw material purchase and export financing FINANCIAL SUPPORT

8. QDB provides financial assistance to Greenfield projects as well as to projects for expansion, diversification and modernization to various sectors as shown below: Sector Interest (p.a.) Exposure Limit (% of Loan Outstanding) (% of Paid-up Capital) ------------------------------------------------------------------------------------- Industry 3.0 – 5.0 35.0 Tourism 3.0 – 5.030.0 Healthcare & 2.5 – 4.025.0 Education Agriculture 1.0 – 1.510.0 (incl. Livestock & Fishery) FINANCIAL SUPPORT

9. Maximum Tenure Industry Sector:8 years All other Sectors: 8 years (long), 5 years (medium) or 3 years (short), as needed QDB also provides loans for working capital support and export credit In select cases, the financial assistance could include direct subscription to the equity FINANCIAL SUPPORT

10. Qatar Development Bank