CLIENT: Zabeel CLIENT: Zabeel CLIENT: Zabeel CLIENT: Zabeel

Investement L.I.CInvestement L.I.CInvestement L.I.CInvestement L.I.C

Planning Departement

Package No. : D0469

Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08

% Early Monthly 0.77% 5.80% 12.56% 14.52% 13.98% 16.75% 15.98% 15.17% 4.46% 0.00% 0.00%

% Accu. Early Monthly 0.77% 6.57% 19.13% 33.65% 47.64% 64.39% 80.37% 95.54% 100.00% 100.00% 100.00%

% Late Monthly 0.00% 0.00% 0.31% 4.23% 7.08% 15.08% 15.23% 15.88% 18.42% 19.88% 3.88%

% Accu. Late Monthly 0.00% 0.00% 0.31% 4.54% 11.62% 26.69% 41.92% 57.81% 76.23% 96.12% 100.00%

% Actual Monthly 0.00% 1.65% 2.23% 5.88% 11.18% 13.87% 2.88% 0.00% 0.00% 0.00% 0.00%

% Actual Accum. 0.00% 1.65% 3.88% 9.76% 20.94% 34.81% 37.69%

Early Planned

Late Planned

Actual

Anantara Palm Jumeirah and Tiara Residences

Overall Progress S-Curve For Facades Works

Progress Status For Period Ending On < 26-January08 >Month :January. 08Month :January. 08Month :January. 08Month :January. 08

19.13%

33.65%

47.64%

0.31%

57.81%

76.23%80.37%

64.39%

0.77%

6.57%

100.00%

100.00%95.54%

41.92%

4.54%

11.62%

26.69%

100.00%

96.12%

0.00%

0.00%

37.69%

20.94%

34.81%

9.76%

3.88%

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%

Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08

Months

% P

rog

res

s

% Early Monthly

% Late Monthly

% Actual Monthly

% Accu. Early Monthly

% Accu. Late Monthly

% Actual Accum.

Data Date: 26Jan08