To: Jeffrey Epsteinfieevacation©gmail.com] From: Sultan Bin Sulayem Sent: Mon 1/25/2010 12:49:40 PM Dubai World's assets worth more than $120 billion Dubai World is estimated to have debts of around ;57 billion. Related articles: • Dubai can pay its debts, says Sheikh Mohammed Sheikh Mohammed said the government is -not worried' about paying • Dubai world's second worst performing property market Dubai is the second performing property market in the world .. Related news: • Dubai World to present standstill offer in January State-owned conglomerate Dubai World will put forth a standstill proposal... • Dubai World did not request a debt standstill at meeting State-owned Dubai World did not ask its creditors Jan 24th, 2010 print email post a comment Property and investment assets owned by government-owned conglomerate Dubai World were worth more than $120 billion at the end of 2009, reports Reuters, quoting Arabic daily Al Ittihad. The newspaper said that the company' s property assets dropped in value from $157 billion in 2008, a fall of around 35 percent. "The drop in the value of investment and strategic assets for the group did not exceed 20 percent" the paper said. Dubai World is estimated to have debts of around $57 billion, and in November last year, announced that it would ask creditors for a six-month debt standstill in order to restructure $26 billion in debt. P, e\d 01_5 Story Next Story Tagged as: assets, debts, Dubai World Saudi to pass mortgage law soon Dubai Holding makes $100 million bond payments Consumer demand still weak in the UAE Rotana predicts 100 percent occupancy during DSF EFTA_R1_01502718 EFTA02432119