1. AAMAL COMPANY QSC FULL YEAR 2011 RESULTS 1

2. Contents Key Full Year 2011 developments Financial Summary Divisional Review Summary and Outlook Additional information (breakdown by divisions) 2

3. Key FY 2011 developments Impressive performance in a rapidly growing market Group Revenue up 57% to QAR 1,910m, principally driven by strong growth in Industrial Manufacturing (59% of total group revenues (FY 2010: 45%)) Well positioned to benefit from significant infrastructure opportunities in Qatar Through increased exposure to industrial activities, and in particular infrastructure, able to capitalise on the opportunities that will be afforded by the rapid industrialisation of Qatar Upwards of $150bn expected to be spent on infrastructure alone over the next 5 years, driven by the Qatar National Vision 2030 and the 2022 FIFA World Cup Continued focus on growth, diversification and innovation First mover advantage, establishing, developing and consolidating market leading positions across all 4 divisions Aamal continues to be seen as the partner of choice for leading world class multinationals Aamal uniquely positioned to capture the benefits across the whole economic spectrum as the Qatari economy continues to diversify and expand 3

4. Financial Summary QARm FY 2011 FY 2010 % change Revenue1,910.11,217.156.9% Gross Profit441.7383.115.3% Gross profit margin %23.1%31.4%(830) basis points Net profit before fair value 246.0232.85.7% gains on investment properties Net profit margin* %12.9%19.1%(620) basis points Fair value gains on287.6329.0(12.6)% investment properties Net profit533.7561.9(5.0)% Adjusted EPS * (QAR)0.41 0.40 3.5% Reported EPS** (QAR)0.991.06(6.6)% * Adjusted EPS shows the underlying profitability (i.e. excluding fair value gains on investment properties) ** During the period, the Group issued and capitalised bonus shares so FY 2010 EPS has been restated accordingly 4

5. 5 Operations review Revenues up 105.7% to QAR 1,138.8m; net profit up 25.9% to QAR 62.1m Division now makes up 59% (2010: 45%) of Group revenue and is the now the principal engine of growth Rise in the division’s revenue and net profit driven by the Senyar Industries JV (Doha Cables and Elsewedy Cables Qatar) Net margins fell from 8.9% to 5.5%, due to margin pressures at both Aamal Readymix and Aamal Cement Industries Ready mix concrete market in Qatar continues to be highly competitive (oversupply issues and fragmented); however, demand seen picking up in Q4 and continuing into 2012 Aamal Cement Industries occupies a niche area, as one of the few producers of specialist interlocking paving slabs and cement bricks, so less exposed than others to short term margin pressures Doha Cables, the first cables manufacturer in Qatar, continued to win significant new contracts during 2011, including with KAHRAMAA Advanced Pipes & Cast was granted the building permit for its new plant in Mesaieed with trial production expected to commence in the fourth quarter of 2012: will be the sole company in Qatar producing both reinforced concrete and glass pipes Industrial Manufacturing Division

6. 6 Operations review Revenues up 22.1% to QAR 523.6m; net profit up 33.3% to QAR 63.3m Growth in margins due to rise in revenue (Aamal Trading & Distribution and Aamal Medical) vs a relatively fixed cost base Aamal Trading & Distribution won several new tenders across its Automotive, Air Conditioning and Procurement lines: the automotive business also launched its second Qatar tyre showroom in December 2011 Aamal Medical during the year improved its customer targeting through closer identification of customer needs and growth trends, resulting in higher revenue and net profit Ebn Sina Medical continued to sign a number of new exclusive distribution agreements with leading international manufacturers and suppliers, including Labatec, Biopharm Group, Grohe AG, Mendor, and Vitane Trading and Distribution Division

7. 7 Operations review Revenues up 6.7% to QAR 213.7m; net profit (before fair value gains on investment properties) up 3.2% to QAR 161.0m Net margins still very strong at 75.3%; slight fall from 77.9% in 2010 due to a small increase in “wear and tear” expenses to maintain the high level of quality Fair value gains for the year were QAR 287.6m Occupancy at City Center Doha remaining high at 90% Phase 1 of expansion at CCD underway with work commencing on 7,000 sq m of new retail space (equiv. to 60 new retail units) and 400 new parking spaces (25% increase) scheduled to be completed by the end of Q3 2012; Phase 2, due to be completed during 2013, will see the retail complex directly connected to the hotels surrounding it, in addition to new retail units Aamal Real Estate opened the upmarket Markhiya residential complex during the year and which was fully leased out with effect from 1 st April 2011 (45 villa residential compound spanning 55,000 sq m) Property Division

8. 8 Operations review Revenue up 25.8% to QAR 57.5m; net profit down 23.8% to QAR 7.7m Net profit margins fell from 22.1% to 13.4% due to an increase in direct costs at Aamal Services and the one-off costs of opening ECCO Gulf’s new call centre in July 2011 June 2011 saw the JV Johnson Controls Qatar becoming operational, driving the division’s revenue growth for the year Aamal Travel won a number of new major contracts in 2011 and began a significant showroom expansion which is expected to be completed in the third quarter of 2012 Managed Services Division

9. Summary and Outlook Very strong performance, driven by the Industrial Manufacturing Division Aamal now predominantly an industrial company with foundation blocks in place to capture the significant opportunities available as Qatar transforms itself into an advanced and self-sustainable economy, with a particular emphasis on infrastructure development, underpinned by huge hydrocarbon wealth Aamal occupies market leading positions too in areas of the economy other than industrial and has been able to grow, develop and consolidate them during 2011 Part of Aamal’s success is its ability to identify and then seize market opportunities ahead of others: it is this first mover advantage that has made Aamal the “partner of choice” for so many leading multinationals wanting to enter Qatar Aamal places strong emphasis on i) rigorous investment criteria for entry into new business sectors, incl. thorough due diligence on new strategic partners and ii) operational efficiencies, such that there is a clear focus on returns on capital and capital discipline Though its scale and business mix, Aamal is uniquely able to offer investors a quality and balanced exposure to the rapidly developing Qatari economy 9

10. Any further questions? Please contact: Mr. Mohammad Ramahi – Chief Financial Officermohd.ramahi@aamal.com.qa Mrs. Arwa Goussous – Corporate Communications Managerarwa.goussous@aamal.com.qa Aamal Company Q.S.C. P.O.Box 22477 Doha-Qatar T: +974 4422 3888 www.aamal.com.qa Financial PR/IR advisers Nick Cox-Johnsonnick.cox-johnson@citigatedr.com Citigate Dewe Rogerson Level 15, Commercialbank Plaza P.O. Box 27111 Doha-Qatar T: +974 452 8335 www.citigatedewerogerson.com 10

11. BREAKDOWN BY DIVISION 11

12. Group results Revenue by division QARm FY 2011 FY 2010 Change % Industrial Manufacturing1,138.8553.5105.7% Trading and Distribution523.6428.722.1% Property 213.7200.36.7% Managed Services57.545.725.8% less: inter divisional revenue(23.4)(11.1)(110.8)% Total1,910.11,217.156.9% nb. please be aware there may be rounding differences 12

13. Group results Net Profit (before property revaluations) by division QARmFY 2011FY 2010Change %MarginMargin FY 2011 FY 2010% Industrial Manufacturing62.149.425.9%5.5%8.9% Trading and Distribution`63.347.533.3%12.1%11.1% Property 161.0156.13.2%75.3%77.9% Managed Services7.710.1(23.8)%13.4%22.1% less: Head Office costs(48.1)(30.2)(59.4)% Total246.0232.85.7%12.9%19.1% nb. please be aware there may be rounding differences 13