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09 March 2008

Dubai,United Arab Emirates,09 March 2008: Diva Priyra Jathin, a three years old kid, makes an entry to the list of millionaires after being announced MahsreqMillionaire's lucky winner of the February 2008 draw. Adding more excitement, this month also witnessed the announcement of yet another 1000 winners of AED 1000.

"My daughter is a Millionaire, what more could a parent ask for?" said the father of Deva Priyra Jathin. "Today, Mashreq opens a host of possibilities to my child; this is indeed a dream coming true."

Following hours of excitement and anticipation, the 1001 lucky winners were announced at Mashreq's head office in the presence of Moza Matar, Department of Economic Development, Government of Dubai to ensure the transparency and accuracy of the raffle.

"Dubai is the land of dreams and Mashreq has helped 1001 winners today," said Douglas K. Beckett, Head of Retail Banking, Mashreq. "At mashreq, we believe in giving people the chance to live their dreams by opening a host of opportunities and MashreqMillionaire is the perfect example of our ongoing commitment."

MashreqMillionaire is a unique saving scheme that allows customers to enter a monthly prize draw of at least AED1 million every month. The investment is totally risk free and is open to both residents and non residents of the UAE. The more certificates you own the more chances you have to win. Certificates are carried over every month and can be en-cashed anytime for their full value for no extra charge.

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About Mashreq

Mashreq is the largest private bank in the UAE and also the second oldest. Founded in 1967 as Bank of Oman, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts it was the first to launch such products as travellers’ cheques, credit cards and ATMs.

It is invariably among the highest performing banks in the region. Last year it recorded a Net Profit of over US$470 million from a Total Operating Income of $844 million. At the end of last year its Total Assets stood at $15.2 billion

Mashreq has received numerous international awards, particularly for quality management. According to independent research it has more ISO certifications than any bank in the region by a wide margin.

As a leading financial Institution in the UAE Mashreq aims to be world class in every facet of its business, including its social responsibility to the community it serves. Towards this goal the bank pays particular attention to recruiting, training, developing and retaining UAE National employees.

For further information, please contact:

Saad Hakim

PR Manager, Mashreq
Tel: 04 6083707
Email: SaadHa@mashreqbank.com

Iman Issa & Rania Helmy

Gulf Hill & Knowlton
Tel: 04 334 4930
Email: iman.issa@hillandknowlton.com
Rania.Helmy@hillandknowlton.com