SOURCE: Dar Al-Arkan International Sukuk II

March 06, 2012 10:13 ET

DarAlArkanÂ's properties valued 53% over book value

SAUDI ARABIA--(Marketwire - Mar 6, 2012) -


Independent valuation of majority of Dar Al-Arkan's real estate
portfolio shows market value is 53% above book value.

Dar Al-Arkan Real-Estate Development Company's Board of Directors
Report for 2011 contains some additional disclosures in regards to
independent valuation of amajority of the Company's real-estate
portfolio as well as the geographicaldistribution of the Company's
Sukukholders.

For details please refer to the attached report and for any further
inquiries please contact the Company's InvestorRelations team on
 ir@alarkan.com 

 http://www.rns-pdf.londonstockexchange.com/rns/7925Y_-2012-3-6.pdf 

                    This information is provided by RNS
          The company news service from the London Stock Exchange

END

Contact Information