Project Apron Construction Project - King Khalid International Airport Name Territory Saudi Arabia Client General Authority of Civil Aviation - GACA (Saudi Arabia) Description Construction of a new apron at King Khalid International Airport. Budget ($) Tender Cost ($) Post Date February 2, 2012 Invitation Date Closing Date Period Last February 2, 2012 Updated Status New Tender Remarks This project is in Riyadh. Scope of work involves construction of an apron at the existing Terminal 3 and the future Terminal 4. Terminal 3 is currently used for domestic flights by national carrier Saudi Arabian Airlines and budget airlines Sama Air and Nas Air. The contract is part of an overall expansion plan for Riyadh airport. This expansion is expected to increase the airport's annual capacity to about 24 million passengers from the current 14 million. It is understood that bids have been submitted for the main construction contract. Local Al-Mabani General Contractors has submitted the lowest bid of $58.5 million. Other bidders include a joint venture of Turkey's TAV and local Al-Arrab Contracting at $76 million; local Unimac at $60 million; local Shibh Al-Jazira at $73 million; local Al-Khodari at $91 million; and local Al-Yamama, with Nassir Hazza al-Subaei at $75 million. Evaluation of bids is expected to take about two months before the contract is awarded. Netherlands Airport Consultants (Naco) is acting as the consultant on this scheme. Main Netherlands Airport Consultants - NACO (Netherlands) Consultant Tender Airport Categories Housing Projects

Project Name Territory Client Description

Crude & Gas Production Increment Project Saudi Arabia Al Khafji Joint Operations - KJO (Saudi Arabia) Engineering, procurement and construction (EPC) contract for upgrading of facilities to increase crude and gas production. 230,000,000

Budget ($) Tender Cost ($) Post Date May 5, 2011 Invitation Date Closing Date August 1, 2011 Period 2014 Last February 1, 2012 Updated Status Current Project Remarks Updated On : February 1, 2012

It is understood that the client is expected to soon award the offshore package, worth $106.5 million, to US' McDermott; and the onshore package, worth $124.5 million, to South Korea's Daewoo Engineering & Construction. Updated On : January 9, 2012 Client opened and evaluated the technical and commercial bids for the EPC packages in final quarter of 2011. US' J Ray McDermott and South Korea's Daewoo Engineering & Construction have emerged as lowest bidders. McDermott is understood to be lowest bidder for the offshore work, while Daewoo is lowest bidder for the onshore package. Updated On : June 20, 2011 It is understood that the deadline for submission of bids for the EPC contract has been extended from the previous deadline of June 12, 2011. This project is in the Neutral Zone, shared between Saudi Arabia and Kuwait. Work has been divided into two packages - onshore and offshore. The onshore package includes construction of a crude and gas treatment plant, gas and natural gas liquids (NGL) collection and distribution facilities, with associated onshore gas facilities. The offshore package includes demolition and replacement of some existing offshore platforms, laying of a 50-kilometre pipeline to the onshore facilities, as well as monitoring stations. Client has released the tenders for the EPC contract. At least 12 EPC contractors are understood to be bidding on the packages, with some bidding for both and others just bidding on either the offshore or onshore section. Companies looking to bid include: - South Korea's Daelim - onshore package. - South Korea's GS Engineering & Construction - onshore package.

Tender Categories

- South Korea's Hyundai Heavy Industries - both packages. - US' J Ray McDermott - offshore package. - India's Larsen & Toubro - both packages. - UK's Petrofac - both packages. - Italy's Saipem - both packages. - South Korea's Samsung Engineering - both packages. - China's Sinopec - onshore package. - Canada's SNC Lavalin - both packages. - Italy's Techint - onshore package. - France's Technip - both packages. Contract awards are expected in the third quarter of 2011. Work is expected to take (36) months, with completion due by the end of 2014. Oilfield Development Hydrocarbon Processing, Storage & Distribution

Project Name Territory Client Description

Dammam ERW Steel Pipe Plant Project - Phase 2 Saudi Arabia Abdel Hadi Abdullah Al-Qahtani & Sons Company (Saudi Arabia) Construction of an ERW steel pipe plant with capacity of 200,000 tonnes a year (t/y) in Dammam. 53,000,000

Budget ($) Tender Cost ($) Post Date February 1, 2012 Invitation Date Closing Date Period 2014 Last February 1, 2012 Updated Status New Tender Remarks This project is in Saudi Arabia. Client has signed a joint venture agreement with China's Panyu Chu Kong Steel Pipe Company to build the plant. Both the companies will hold a 50% share in the scheme. It is understood that the project is currently under planning. The schedule is expected to be revealed in first half of 2012. Tender Industrial & Special Projects Categories

Project Name Territory Client Description

Dammam LSAW Steel Pipe Plant Project - Phase 1 Saudi Arabia Abdel Hadi Abdullah Al-Qahtani & Sons Company (Saudi Arabia) Construction of a Longitudinal Submerge-Arc Welded (LSAW) steel pipe plant with capacity of 300,000 tonnes a year (t/y) in Dammam. 53,000,000

Budget ($) Tender Cost ($) Post Date February 1, 2012 Invitation Date Closing Date Period 2014 Last February 1, 2012 Updated Status New Tender Remarks This project is in Saudi Arabia. Client has signed a joint venture agreement with China's Panyu Chu Kong Steel Pipe Company to build the plant. Both the companies will hold a 50% share in the scheme. It is understood that the project is currently under planning. The schedule is expected to be revealed in first half of 2012. Tender Industrial & Special Projects Categories

Project Fuel & Feedstock Pipeline Expansion Project - Jubail 2 (Stage 2) Name Territory Saudi Arabia Client Royal Commission for Jubail & Yanbu (Saudi Arabia) Description Carrying out a second stage expansion of the fuel and feedstock pipeline at Jubail 2. Budget ($) Tender Cost 8935 ($) Post Date February 1, 2012 Invitation Date Closing Date April 7, 2012 Period Last February 1, 2012 Updated Status New Tender Remarks Tender No. 204-C51 This project is in Saudi Arabia. Scope of work involves the procurement and construction of a pipeline network. This will include the procurement of carbon steel pipes for methane and ethane gas along with installation of a fibre-optic network, emergency shutdown system and a control system. Construction work will include building scraping facilities, electrical buildings and a dedicated fuel gas and feedstock pipeline corridor. Tender documents can be obtained from: Supply Management Department, Contracts Section, Royal Commission for Jubail & Yanbu Saudi Arabia. Tel No: (+966-3) 341 4127 / 63 Fax: (+966-3) 341 2201 A pre-bid meeting will be held on March 06, 2012. Tender Hydrocarbon Processing, Storage & Distribution Categories Oilfield Development

Project Name Territory Client Description Budget ($) Tender Cost ($) Post Date Invitation Date Closing Date Period Last Updated Status Remarks

Intersection Construction Project - Phase 2 Saudi Arabia Qassim Municipality (Saudi Arabia) Construction of intersection on King Abdullah Road Junction with Tageera Road. 935 February 2, 2012 February 21, 2012

February 2, 2012 New Tender This project is at Buraidah in Saudi Arabia. Tender documents can be obtained from: Alqassim Municipality Alqassim, Saudi Arabia. Tender result date will be on February 22, 2012. Tender Categories Bridges Public Works, Roads & Earthworks

Project Name Territory Client Description Budget ($) Tender Cost ($) Post Date Invitation Date Closing Date Period Last Updated Status Remarks

Intersection Construction Project - Phase 2 Saudi Arabia Qassim Municipality (Saudi Arabia) Construction of intersection on King Abdullah Road Junction with Nahdah Road Phase 2. 1600 February 2, 2012 February 26, 2012 February 2, 2012 New Tender This project is in Saudi Arabia. Tender documents can be obtained from: Alqassim Municipality Alqassim, Saudi Arabia. Tender result date will be on March 27, 2012. Bridges Public Works, Roads & Earthworks

Tender Categories

Project Name Territory Client Description

Jubail PBT Plant Project Saudi Arabia Saudi International Petrochemical Company (SIPCHEM) Engineering, Procurement and Construction (EPC) contract to build a Polybutylene Terephthalate plant in Jubail. 500,000,000

Budget ($) Tender Cost ($) Post Date March 15, 2011 Invitation Date Closing Date Period 2014 Last Updated February 1, 2012 Status New Tender Remarks Updated On : February 1, 2012

This project has been delayed by over six months, as the client prioritised other packages of a larg petrochemical complex. Contractors have now been asked to submit revised bids by mid-February the EPC contract. Bidding contractors include South Korea's eTEC Engineering & Construction, Engineering & Construction, Hyundai Engineering & Construction, Samsung Engineering; an Germany's Uhde. Germany's Uhde has carried out the front-end engineering and design (FEED) fo scheme.

This project is in Saudi Arabia. Scope of work includes the construction of a PBT unit, catalyst sy driers, extruders, pellet blenders and other associated facilities. Client has issued the invitation to b for the EPC contract. Contact Person: Ahmad Shehri (Project Manager) Tel: (+966-3) 8010111 ext. 9738. FEED Consultant Tender Categories Uhde GmbH (Saudi Arabia) Industrial & Special Projects

Project Name Territory Client Description

Budget ($) Tender Cost ($) Post Date Invitation Date Closing Date Period Last Updated Status Remarks

Kingdom Riyadh Land Mixed-use Development Project Saudi Arabia Kingdom Holding Company (Saudi Arabia) Development of a multi-purpose scheme, focusing on tourism and housing involving construction of mixed-use residential and commercial buildings, hotels, retail spaces, parks, car parks, private leisure and equestrian clubs, and serviced bungalows. 7,000,000,000

December 19, 2011

February 2, 2012 New Tender Updated On : February 2, 2012 It is understood that the client is set to commence work on this development. Local Omrania, an architectural and engineering consulting firm based in Saudi Arabia, has been awarded the master plan design and infrastructure contract. The contract also includes provisional sums for traffic and environmental studies. As part of their service, Omrania's contract will include the coordination and approval of all master planning elements, as well as liaison with local authorities. The consultancy will also supervise all the infrastructure work on site. This project will be developed on Riyadh - Dammam highway in the northeastern outskirts of Saudi Arabia and cover an area of 1,600 hectares. It is understood that the serviced bungalows are expected to be managed by Fairmont Hotels & Resorts. The scheme is currently in concept design stage. US' Booz Allen & Hamilton has been appointed to carry out a study.

Main Consultant Master Plan Consultant Specialist Consultant-1 Tender Categories

Omrania & Associates Architecture & Engg. Consultants (Saudi Arabia) Omrania & Associates Architecture & Engg. Consultants (Saudi Arabia) Booz Allen & Hamilton (USA) Hotels Housing Projects Leisure

Project Name Territory Client Description Budget ($) Tender Cost ($) Post Date Invitation Date Closing Date Period Last Updated Status Remarks

Landbridge Railway Project Saudi Arabia Saudi Railways Company (SRC) Construction of 950-kilometre-long Landbridge project comprising a passenger and cargo railway line. 7,000,000,000 October 17, 2004 January 31, 2009 2016 January 29, 2012 Current Project Updated On : January 29, 2012 The client is understood to be in the process of deciding on which consortia will be awarded the main contract on this scheme. Updated On : October 12, 2011 Saudi Arabia's Council of Ministers has approved plans to build this mega project. It will be financed by the state-owned Public Investment Fund. As yet, it has not been disclosed when the successful contractor will be appointed. The scheme is expected to be completed in four years. Updated On : September 27, 2011 It is understood that the client is expected to make a decision soon on how to proceed with this stalled project. It has not yet been confirmed whether the client will award the contract on a BOT basis or if it will re-tender the scheme using a simpler engineering, procurement and construction (EPC) contract. No official announcement has been made, but most likely the landbridge will be a government project. Updated On : March 22, 2011 The project is still on hold. Client has completed reviewing the financial bids from four pre-qualified consortiums, which are headed by Kuwait's Agility Logistics, local Mada consortium, local Saudi Binladin Group and Al-Muhaidib/ACWA (Tarabot). It is not yet confirmed whether the client will award the contract on a build, operate and transfer (BOT) basis or if it will re-tender the project using a simpler engineering, procurement and construction (EPC) contract. Updated On : April 6, 2010 State-owned Saudi Arabian Railways (SAR) has become the sole owner of this development. The stalled project is expected to move ahead this year. The client, which handed over operations to SAR, was originally scheduled to award construction contracts in the first quarter of 2010.

Updated On : August 27, 2009 It is understood that the project has been put on hold, while it moves from build-operatetransfer (BOT) to engineering, procurement and construction (EPC) contract. Updated On : August 10, 2009 The BOT contract is now expected to be awarded in October 2009. Updated On : July 6, 2009 This project is being delayed as speculation mounts that the government will step in to fund the scheme. Contractors hoping to work on the project are not expecting any progress before early 2010. The government may now convert this project, originally proposed as a 50-year BOT deal financed through debt, into a state-funded public procurement scheme, which has long been called for by the banks. Updated On : June 25, 2009 The BOT contract is yet to be awarded. Updated On : March 8, 2009 Saudi Arabia's Shura Council has approved plans to close Saudi Railways Organisation (SRO) and replace it with a new regulatory body to oversee the Kingdom's rail programme. The move paves way for an award on this scheme. SRO is being wound up to avoid a conflict of interest arising from its dual status as a client on the project and owner of the existing section of track between Riyadh and Dammam, which will form part of the route. SRO will hand over ownership of the rail line to a new joint stock company, the Saudi Land-Bridge Company, which will run the project once a contract is awarded. Updated On : February 26, 2009 A joint bid by the consortium led by local firms ACWA Power and Saudi Binladin Group is poised to win the much-delayed contract on this scheme. The group submitted lowest of three bids, which is understood to be worth $7 billion-$9 billion. The bid is now undergoing a technical and financial assessment by the Saudi government, although no timetable for a formal contract award has been put forward. Updated On : January 27, 2009 The two leading consortiums, Tarabott and Tracc, have opened merger discussions to launch a joint bid for this project. It is understood that talks are still at an early stage, with no firm decision taken on the formation of a new group. Updated On : January 19, 2009 Contractors have been invited to submit revised bids for the BOT contract by the end of this month. Updated On : December 24, 2008 The client has re-opened the bidding process on this scheme and asked all four original consortiums to submit revised financial proposals. This move has been initiated in the light

of global financial crisis and falling raw material costs, in a move designed to achieve more accurate costs for completing the railway. Updated On : September 7, 2008 This project is facing delays because of deteriorating relationship between the client and the Tarabot consortium. The client and its adviser UBS are in final stages of choosing between rival bids submitted by Tarabot group and the second-placed Tracc consortium, which is led by Saudi Binladin Group. An award is expected in the fourth quarter of this year. Updated On : March 15, 2008 Tarabot consortium, led by Arabian Company for Power & Water Development (Acwa Power), has been selected as preferred bidder for the BOT contract. Official signing of the contract is expected soon. Updated On : December 7, 2007 It is understood that the main BOT contract will be awarded in the beginning of 2008. Updated On : December 4, 2007 It is understood that the client has signed a $21 million contract with US Freight Car America to supply 200 double stacking railcars. Updated On : November 15, 2007 Four pre-qualified consortiums have submitted bids for a contract to build the Land bridge. Local Mada, Kuwait's Agility Logistics and local Saudi Binladin Group head three of the bidding teams. The fourth, the Tarabot consortium, includes Korea's Samsung Corporation and Australian rail group Pacific National. Technical and financial analysis of the four bids has now begun. The client aims to announce a winning bidder in the first quarter of 2008. Updated On : August 31, 2007 Bids for the Land-bridge scheme are to be submitted in the first week of November 2007, after a series of delays. Final consultations are now underway between the client, its advisers UBS and the four consortiums bidding on the project. A meeting is to be held in Al-Khobar on September 03, 2007 to clear up final technical questions. Four consortiums have been invited to bid. The first three are led by local group Mada; Kuwait's Agility Logistics; and Saudi Binladin Group, with El-Seif Group. The fourth consortium includes Korea's Samsung Corporation and Australian rail group Pacific National. Updated On : May 10, 2007 This project has been postponed indefinitely, as the client is experiencing difficulties to co-ordinate between the Ministry of Transport & Municipalities and local authorities to acquire the corridor of land required. Updated On : March 10, 2007

The client has invited four groups to submit proposals by December 2007 for the BOT contract, as the project moves forward after a series of delays. The groups are local Mada; PricewaterhouseCoopers; Saudi Binladin Group, with local El-Seif Group; and France's Bouygues, with UK's Lazard. Updated On : July 27, 2006 Request for proposals (RFPs) on this scheme will be issued by the end of 2006. Meetings have been held to start work on recourse and revenue clarification with each of the four pre-qualified consortiums. Updated On : June 22, 2006 Meetings have been held with the four consortiums pre-qualified for the BOT contract. At the meetings, pre-qualifiers were invited to review details of the BOT contract in advance of the release of tender documents. Updated On : June 14, 2006 The client has finalised the list of pre-qualifiers for the BOT contract on this scheme. Four consortiums have been pre-qualified to submit technical and commercial proposals. They are Saudi Binladin Group comprising El-Seif Engineering Contracting, Deutsche Bahn, Mitsui & Company; France's Bouygues with Consolidated Contractors International Company (CCC), Athens-based CMA CGM, France's Orascom Construction Industries, Egypt's Abdullatif & Mohammed al-Fozan Development Company and Omran alOmran & Partners; local Mada Company for Industrial & Commercial Investment (AlRajhi Investment Group) comprising Canada's SNC Lavlin and Kuwait-based United Arab Shipping Company; and Kuwait's PWC Logistics with Gulf Investment Corporation, local Al-Faisaliah Group and Almunajem Group. The 30-year concession was due to be awarded by the third quarter of 2006, although this is now likely to be towards the end of 2006. Updated On : March 22, 2006 A decision is still pending by the government on the pre-qualification short-list for this project. Updated On : December 23, 2005 The RFP documents plus an announcement on the pre-qualification list were scheduled to be issued in late November 2005, but have been delayed. Evaluation of pre-qualification applications is still underway. The release of RFP has now been put back until early next year. Updated On : October 8, 2005 The client has announced names of the nine consortia, which submitted pre-qualification applications for the BOT contract. They are: Group 1 - France's Bouygues, CMA CGM; Athens-based Consolidated Contractors International Company (CCC); Egypt's Orascom Construction Industries; local Abdullatif & Mohammed al-Fozan Development Company and Omran al-Omran &

Partners. Group 2 - Local Haif Trading & Contracting Company and Italy's Valente. Group 3 - Kuwait's PWC Logistics, Gulf Investment Corporation; local Al-Faisaliah Group and Almunajem Group. Group 4 - Saudi Binladin Group; local El-Seif Engineering Contracting; Germany's Deutsche Bahn, Siemens; and Japan's Mitsui Corporation. Group 5 - Russia's CJSC Association - ENGEOCOM. Group 6 - Local ASTRA Group and Japan's Sojitz Corporation. Group 7 - Spain's Obrascon Huarte Lain (OHL), US' Kellogg Brown & Root and UK's DHV International. Group 8 - Local Al-Shola Group, Germany's Philipp Holzmann International, Singapore's Omnico Group and South Korea's Young Lim. Group 9 - Local Al-Rajhi Investment Group, Canada's SNC Lavalin and local United Arab Shipping Company. Updated On : September 22, 2005 Nine international and local consortia have submitted applications for pre-qualification on this scheme. Under the client's schedule, a short-list for the BOOT contract will be drawn up in October 2005, which will be followed by the release of request for proposals (RFP) in November 2005. Updated On : August 7, 2005 The client has extended the deadline to September 04, 2005 for receiving pre-qualification applications from international consortia. This extension is in response to demands by companies intending to bid for the project. Updated On : May 16, 2005 More than (100) local and international companies have expressed interest to the request for pre-qualification (RFP) on this project and are due to submit their RFQ documents on August 15, 2005. Under the client's schedule, a short-list on the BOT scheme will be drawn up in October 2005, which will be followed by the release of request for proposal (RFP) documents to pre-qualified firms in November 2005. Bids are due to be received by the client in May 2006, with a concession to operate the land-bridge rail link to be awarded in the third quarter of 2005. Updated On : February 20, 2005 The client plans to appoint a private sector concessionaire on this scheme in the third quarter of 2005. Under the current updated schedule, pre-qualification on the BOT scheme will now be launched by April 2005, which will be followed by the release of tender documents to pre-qualified firms in the third quarter of 2005. Bids are due to be received by the client in the first quarter of 2006, with the concession to be awarded in the third quarter of 2006. Updated On : February 9, 2005 A team of US' Parsons Brinckerhoff (PB) and Saudi Consulting Services (SaudConsult)

has been awarded the contract to carry out a route alignment study on this planned landbridge project. Under the $3 million contract, the US/local team will study environmental and geological aspects of the planned railway expansion, as well as options on upgrading the existing passenger rail track running between Riyadh and Dammam. The study is due to be completed within six months. Updated On : December 25, 2004 The client is preparing to launch the pre-qualification process in January 2005 for the first of two railway concessions to be tendered in 2005. A meeting with potential bidders and investors for the land-bridge project - connecting the industrial city of Jubail in the Eastern Province with Jeddah in the west via Dammam and Riyadh - is scheduled to be held in London in the same month. The pre-qualification process will be followed later in the year by the award of the concession to a private consortium, which could include construction and rail operating companies, equipment suppliers, shipping lines, financial institutions and passive investors. The so-called land-bridge railway will eventually provide a seamless connection between Jubail and Jeddah. It will be largely dedicated to freight transport, although limited passenger services will be offered. The concession will be granted for an agreed period of time, which could be anywhere between 20 years and 50 years. A second concession for a new 570-kilometre rail network in the west, which will link Jeddah, Makkah, Medina and Yanbu, could also be tendered in 2005. The western network will largely be dedicated to passenger services, with the Jeddah-Makkah link to be served by a high-speed train system. Updated On : August 17, 2004 The advisory team on this project has been completed following the appointment of London-based Linklaters as legal adviser. It will work in partnership with the Saudi Law Office of Abdulaziz H Fahad. The client plans to invite consortia to pre-qualify for the BOT contract on the two railway concessions in late 2004. Updated On : March 15, 2004 French railway operator Societe Nationale des Chemins de Fer (SNCF) has been awarded the mandate to provide technical advisory services on this scheme. The appointment of SNCF, which had been expected for some time, has already been approved by the Supreme Economic Council (SEC). SNCF joins the financial advisory team comprising NCB and UBS. Under the advisory mandate, SNCF, NCB and UBS will provide services on two components of the railway expansion programme - the east-west railway, linking Riyadh with Jeddah, and the western railway, which will connect Jeddah, Makkah, Medina and Yanbu. Updated On : December 25, 2003 National Commercial Bank (NCB) and UBS Warburg have been awarded the joint mandate to advise the client on how to proceed with this project. The financial advisers will form a consortium together with a technical adviser, which has yet to be appointed. It is understood that French railway operator Societe Nationale des Chemins de Fer (SNCF) is in line to win the technical advisory mandate. An award is expected in early 2004. The client also plans to invite pre-qualification in the second half of 2004 for the two railway

concessions from consortia comprising construction companies, equipment suppliers, shipping lines, rail operators and financial investors. Invitations to bid (ITBs) are due to be released to pre-qualified consortia in late 2004. Construction is expected to take three-four years. Updated On : November 29, 2003 The client has recommended a team of three international advisers to the Supreme Economic Council (SEC) to advise on how to proceed with the expansion of the railway network. Under the programme, two concessions will be awarded to foreign consortia covering two components - the east-west railway, linking Riyadh with Jeddah, and the western railway, which will interconnect Jeddah, Makkah, Madinah and Yanbu. The consortium in line for the technical and financial advisory mandate is understood to comprise National Commercial Bank (NCB), UBS Warburg and French railway operator Societe National des Chemins de Fer Francais (SNCF). The selected team has still to be approved by the SEC. Bidding is also underway for the legal mandate on this project, with an appointment expected by February 2004. The successful legal adviser will make recommendations on changes to the legal and regulatory environment to allow private sector involvement in the railways, and advise on the merger of Saudi Railways Organisation (SRO) with the future concessionaire of the east-west link. Updated On : January 2, 2003 The client has short-listed eight international groups to bid for the consultancy contract on this project. They are Citigroup, Saudi American Bank and Kellogg Brown & Root; Credit Agricole Indosuez, Banque Saudi Fransi, WS Atkins, Fleischmann Consulting and Consulting Centre for Finance & Investment; Ernst & Young, Jacob Gibb Engineering and Jacobs Consultants; Macquarie Bank, Saudi Hollandi Bank, IBI Group and Aecom Technology Group; PricewaterhouseCoopers and Parsons Brinkerhoff; Gulf International Bank, Royal Bank of Scotland, Booz Allen Hamilton, Fluor Corporation and Fluor Daniel; Sumitomo Mitsui Corporation, Norton Rose, Merchant Bride and Steer Davies Gleave; UBS Warburg, National Commercial Bank and SNCF International. Updated On : November 17, 2002 The client has extended the bid deadline to December 21, 2002 for EOI from international law firms. This project is in Saudi Arabia. Scope of work involves construction of a railway line between Riyadh and Jeddah, plus another line between Dammam and Jubail. The scheme also covers expansion of the existing Riyadh to Dammam Railway. Once completed, the nation's first link between the Red Sea and Arabian Gulf will see freight speed between Jeddah and King Abdul Aziz Port in Dammam. It is seen as a vital transport link between east Asia and Europe, and will dramatically cut cargo transit times between Asia, Europe and America via Jeddah's Red Sea port. The design speed of passenger trains is expected to be 250 kilometres per hour and 140 kilometres per hour for freight trains, making the trip between Dammam and Jeddah around 12 hours for cargo.

Several studies on the project covering technical, financial and legal issues have been conducted by highly reputable organisations on behalf of the Government of Saudi Arabia. The client has invited Expressions of Interest (EOI) by November 10, 2002 from reputed world-class International Law Firms with necessary experience of providing legal advice for comparable railway transactions. The adviser will be required to conduct due diligence, suggest new decrees, rules and regulations and amend existing ones for regulating the operation of the railway in the private sector, suggest laws governing safety regulations, suggest constitution of bodies for monitoring the enforcement of rules and regulations, help in the preparation of tender documents, draft legal documents and assist in negotiations with the selected investors. It is required that the International Law Firm engages or have an on-going association with a reputed and qualified local Saudi Law Firm to perform jointly the required services. Detailed Terms of Reference will be supplied to the shortlisted advisers that would be invited to submit financial proposals. Specialist Consultant-3 Financial Consultant Specialist Consultant-1 Specialist Consultant-2 Master Plan Consultant-1 Master Plan Consultant Specialist Contractor(1) Tender Categories Saudi Consulting Services (SaudConsult) - Saudi Arabia National Commercial Bank - NCB (Saudi Arabia) Linklaters (UK) Parsons (Saudi Arabia) Zuhair Fayez Partnership Consultants (Saudi Arabia) German Corporation for Technical Cooperation (Saudi Arabia) Freight Car America (USA) Housing Projects Bridges Municipal Services Industrial & Special Projects

Project Name Territory Client Description

Budget ($) Tender Cost ($) Post Date July 3, 2010 Invitation Date Closing Date June 5, 2011 Period Last Updated January 30, 2012 Status Current Project Remarks Updated On : January 30, 2012

Medina International Airport Expansion Project - Phase 1 Saudi Arabia General Authority of Civil Aviation - GACA (Saudi Arabia) Expansion of Medina International Airport to develop airside and landside facilities, including the construction of a new terminal with capacity of 14 million passengers a year, renovation of an existing runway and construction of a second runway. 1,500,000,000

It is understood that the financial consultant The International Finance Corporation (IFC) has decided to reach financial close with banks by April 2012 or May 2012 and the construction will commence in summer 2012 once the financial close has been reached. The banks involved are the local National Commercial Bank, Japans Sumitomo Mitsui Banking Corporation and the Saudi British Bank. Updated On : November 9, 2011 It is understood that work on this development will commence once the contracting consortium and the banks reach financial close. It is expected to take between six and nine months to reach financial close. Some of the banks thought to be involved include local National Commercial Bank (NCB), Arab National Bank, Saudi British Bank; Japan's Sumitomo Mitsui Banking Corporation Europe and potentially the Islamic Development Bank. Updated On : August 9, 2011 A consortium led by Turkey's TAV Airports Holding Company has been appointed as the main contractor on this scheme. Other members in the consortium include local Saudi Oger and Al-Rajhi Holding Group. TAV, Saudi Oger and Al-Rajhi will design, finance, build and operate the airport for a concession period of 25 years. Phase 1 of the expansion will take place from 2011 to 2014. Phase 2 of the expansion will take place between 2021 and 2024 and involve the possible construction of a new runway. Phase 2 will be executed according to demand and will further increase capacity to 14 million passengers a year. Updated On : July 3, 2011 Client has revealed the names of four bidding groups on this scheme. They are: - Local El-Seif Engineering Contracting Company, Houston-based ADC & HAS Airports, Dubai-based Emirates Financial Services/Emirates NBD Capital, local Abdulaziz Alsaghyir Commercial Investment Company and local Mohammed Al-Sheikh.

- Local Bakri International Energy Company, Malaysian Airports Holding Berhad, Malaysia's Lembaga Tabung Hajii and local Mohammed & Abdullah Al-Subeaei Investment Company. - Local Saudi Binladin Group, France's Bouygues Batiment International, Aeroports de Paris Management, Turkey's Limak Investment and MAPA Construction. - Turkey's TAV Airports Holding Company, local Saudi Oger and Al-Rajhi Holding Group. Updated On : June 8, 2011 It is understood that four groups have submitted bids for the main contract. Names of bidders are yet to be disclosed. Updated On : May 11, 2011 Only five bids are expected to be submitted for the main contract on this scheme. Two bids are expected to be stronger than the others. The first is local Saudi Binladin Group, France's Aeroports de Paris Management, Bouygues Batiment International. The second is Turkey's TAV Airports Holding, local Saudi Oger and Al-Rajhi Holding Group, and Athens-based Consolidated Contractors Company. Both groups have managed to put together fully funded bids, with Oger having support from local Sabb, National Commercial Bank (NCB), Arab National Bank and Japan's Sumitomo Mitsubishi Banking Corporation. Binladin has support from France's Credit Agricole, its local affiliate Banque Saudi Fransi and NCB. Local Bakri International Energy Corporation, with Malaysia Airports Holdings Berhad has appointed Riyad Bank to act as financial adviser on its bid, but is not understood to have a fully funded proposal. Nor is a consortium led by local El-Seif Engineering & Contracting Company, which is being advised by Dubai-based Emirates NBD. The Badr consortium is being advised by UK's Standard Chartered. Other bids may materialise before the bid deadline. Updated On : April 26, 2011 It is understood that the client has further extended the deadline to submit bids for the main construction contract from the previous deadline of May 02, 2011 in order to provide bidders with sufficient time to finalise their bids. Updated On : March 22, 2011 Client has once again extended the tender closing date from the previous deadline of February 28, 2011 for pre-qualified companies to submit bids for the main construction contract. An award is now expected in the summer of 2011. Updated On : January 16, 2011 It is understood that the main construction contract will be awarded by the end of February 2011. Updated On : November 20, 2010 Client has extended the deadline for pre-qualified firms to submit bids for the first phase development from the previous deadline of December 15, 2010. This extension has been

granted in order to give more time for the consortiums to do their due diligence on site. Updated On : September 1, 2010 Banks in Saudi Arabia have started talks with pre-qualified bidders on the first phase of this development. Client has given the eight pre-qualified bidders until September 04, 2010 to submit first round questions on the bidding documents. According to the request for proposals (RFP), opening of the financial bids is expected in January 2011, followed by the selection of a preferred bidder and the notification of an award by early February 2011. Updated On : August 23, 2010 Client has set a deadline and invited pre-qualified firms to submit bids for the main contract. This project is in Saudi Arabia. It will be developed in two phases on a public-private partnership (PPP) basis. The airport currently handles about 3.5 million passengers a year. Later expansion plans involve the construction of a new passenger terminal, the renovation of existing runway, the possible construction of a second runway. Client has pre-qualified eight consortiums to bid for the main contract. They include: - South Africa's Airports Company - Turkey's YDA, Spain's Aena Desarrollo Internacional and OHL - Badr Consortium comprising local Integrated Transportation Company, South Korea's Incheon International Airport Corporation, Central Japan International Airport and South Korea's Samsung. - Local Saudi Binladin Group, France's Aeroports de Paris and Bouygues. - The Saudi airplex consortium comprising local El-Seif Engineering, Canada's MMM Group, US' Airport Development Corporation & Houston Airport System and UAE's Emirates NBD. - Turkey's Limak Investment, India's GMR Infrastructure and Turkey's Mapa Construction. - The Tibah consortium comprising Turkey's TAV, local Saudi Oger, Al Rajhi Holding Group and Athens-based Consolidated Contractors Company. - The Saudi-Malaysian consortium comprising local Bakri International Energy Company, Malaysia Airports Holdings Berhad, local Almabani General Contractors, Italy's Impregilo and local/Malaysian Riyad Bank. The International Finance Corporation, part of Washington-based World Bank, has been appointed as the financial and legal advisor. Financial Consultant Main Contractor Main Contractor(1) Main Contractor(2) Tender International Finance Corporation - IFC (Saudi Arabia) TAV Airports Holding Company (Turkey) Saudi Oger Limited (Saudi Arabia) Al Rajhi Saudi Group (Saudi Arabia) Housing Projects

Categories

Airport Public Works, Roads & Earthworks

Project Name Territory Client Description

Petrochemical Complex Project - Jubail Industrial City Saudi Arabia Qurain Petrochemical Industries Company (Kuwait) Engineering, Procurement and Construction (EPC) contract to build a petrochemical complex in Jubail Industrial City. 1,000,000,000

Budget ($) Tender Cost ($) Post Date December 14, 2011 Invitation Date Closing Date Period 2015 Last February 2, 2012 Updated Status New Tender Remarks Updated On : February 2, 2012

It is understood that tendering and bidding process for the feasibility study and front-end engineering and design (FEED) contract is expected to be launched in the first quarter of 2012. A project management consultant (PMC) is expected to be selected and announced in the second quarter of 2012 (there will be no tendering and bidding process). Tendering and bidding process for EPC contract is expected to commence soon after, with an award is anticipated by end of the second quarter of 2012. Construction of plant is expected to commence in the third quarter of 2012, while the project completion is anticipated in the first quarter of 2015. This project is in Saudi Arabia. The complex will receive paraxylene feedstock from a local refinery, producing 1 million tonnes a year (t/y) of purified terephthalic acid (PTA), 800,000 t/y of PET as well as other downstream products. Some of the PTA will be offered to local markets, while the majority will be converted to PET resin. This complex will support the downstream conversion industry in Saudi Arabia in the production of bottle pre-forms, sheet and films for the packaging of food and consumer goods. Client has appointed US consultant IHS to advise on the planning and development of the petrochemical complex. It has not revealed details of the project's timescale nor the contract value for IHS. Main Consultant Tender Categories IHS Consultant (USA) Industrial & Special Projects

Project Name Territory Client Description

Petrochemical Plants Project Saudi Arabia Saudi Basic Industries Corporation (SABIC) Engineering, Procurement and Construction (EPC) contract to build two new petrochemical plants that will produce 250,000 tonnes a year (t/y) of methyl methacrylate (MMA) and 40,000 t/y of polymethyl methacrylate (PMMA). 500,000,000

Budget ($) Tender Cost ($) Post Date August 12, 2009 Invitation Date Closing Date Period 2013 Last January 29, 2012 Updated Status New Tender Remarks Updated On : January 29, 2012

Spain's Tecnicas Reunidas (TR) has been awarded a contract to carry out the front-end engineering and design (FEED) for this scheme. TR was selected after a stiff challenge from US' Jacobs Engineering and Fluor Corporation, as well as France's Technip and Australia's WorleyParsons. TR will carry out the FEED during 2012, with packages for the EPC contracts due to be tendered in the second half of 2012. No announcement has been made yet in regards to the location of the site, but the complex for National Methanol Company (Ibn Sina) at Jubail is understood to be the favourite site. This project is in Saudi Arabia. Client has signed a Letter of Intent (LoI) with Japan's Mitsubishi Rayon Company (MRC) to establish the joint venture. LoI includes the joint venture structure, technology, marketing and feedstock supply. Mitsubishi Rayon will provide the ethylene-based Alpha used in the production of MMA as well as the capital to build this plant. Client will supply the ethylene and methanol feedstock for the plant. FEED Consultant Tender Categories Tecnicas Reunidas Gulf (Saudi Arabia) Industrial & Special Projects

Project Name Territory Client Description

Power Plants Project - Tabuk & Al-Wajh Saudi Arabia Saudi Electricity Company - Central Region (Saudi Arabia) Construction of a power plant in Tabuk with capacity of 120MW and a power plant in AlWajh with capacity of 180MW. 128,000,000

Budget ($) Tender Cost ($) Post Date February 1, 2012 Invitation Date Closing Date Period 2013 Last February 1, 2012 Updated Status New Tender Remarks This project is in Saudi Arabia. Local National Contracting Company (NCC) has been awarded the main construction contract to build both plants. The contract is worth $128 million and excludes the cost of turbines, which has been bought by the client from US' GE; and associated transmission costs, as the equipment has been purchased from South Korea's Hyundai Heavy Industries. Other firms who bid for the contract include local Al-Toukhi Contracting, Arabian Bemco, Saudi Services for Electro-Mechanical Works and Al-Fanar Construction Company. Work will commence on both projects shortly and is expected to be completed by July/August 2013. Main National Contracting Company (Saudi Arabia) Contractor Tender Power Generation & Distribution Categories

Project Name Territory Client Description

Pumping Station & Transmission Pipelines Package - Wassia Water Treatment Plant Expansion Project Saudi Arabia National Water Company (Saudi Arabia) Design and Build (DB) contract for the construction of a pumping station with capacity of 300,000 cubic metres a day and associated transmission pipelines, as part of the Wassia water treatment plant expansion project - Package 4.

Budget ($) Tender Cost ($) Post Date October 20, 2010 Invitation Date Closing Date Period 2013 Last February 2, 2012 Updated Status New Tender Remarks Updated On : February 2, 2012 It is understood that bids for DB contract is still under evaluation. An award is anticipated in February 2012. Updated On : August 18, 2011 It is understood that evaluation of bids is still underway for the DB contract. Updated On : May 4, 2011 Bids have been submitted for the DB contract. Bidders include Al Arrab Contracting Company, Al Harbi Trading & Contracting Company, Al Muhaidib Contracting Company, Al Rashid Trading & Contracting Company, Al Yamama Group, Aqualia, Aziz Company for Contracting & Industrial Investment, Bin Jarallah Establishment Trading & General Contracting, Civil Works Company, a consortium of Arabian Bemco Contracting Company and Plyanostav Arabian, Dongho Korean Saudi Company, Hyundai Engineering & Construction Company, Mapa Construction & Trade Company, Mutlaq Al Ghowari Establishment, Nesma & Partners Contracting Company, Saudi Binladin Group, Saudi Industrial Investment Group, Saudi Oger Limited, Saudi Services for Electro Mechanic Works Company, Saudi Tumpane Company, Sinopec International Petroleum and Yuksel Insaat. An award is expected in the second/third quarter of 2011. Updated On : March 28, 2011 Bidders are expected to submit their bids for the DB contract in April 2011. Updated On : January 14, 2011 Request for proposals (RFP) has been issued for the DB contract.

This project is in Riyadh. It is understood that companies have submitted their Expressions of Interest (EOIs) for the DB contract. Tender Categories Potable Water Works

Project Name Territory Client Description

Saudi Stock Exchange Headquarters Project - King Abdullah Financial District Saudi Arabia Public Pension Agency (Saudi Arabia) Design and construction of new 40-storey headquarters building, including a three-storey car park for Saudi Stock Exchange (Tadawul). 266,000,000

Budget ($) Tender Cost ($) Post Date February 28, 2010 Invitation Date Closing Date March 25, 2012 Period 2014 Last February 1, 2012 Updated Status New Tender Remarks Updated On : February 1, 2012

Client has invited contractors to submit bids for the main construction contract. The MEP contract is being tendered as a separate package. Contractors are still waiting for the client to issue tender documents for this package. Updated On : November 22, 2011 It is understood that companies are still waiting to receive tender documents for the main construction package. Client has now invited contractors to submit an expression of interest (EOI) for the mechanical, electrical and plumbing (MEP) contract, which involves carrying out MEP works on the 40-storey tower. Updated On : October 17, 2011 Contractors have been informed that they will receive tender documents by the end of October 2011 for the main construction package on this scheme. Updated On : August 1, 2011 Tender documents for the main construction package are expected to be issued by end of October 2011. Contractors have submitted pre-qualification applications on June 29, 2011. Updated On : June 20, 2011 Client has invited contractors to submit pre-qualification documents by end of June 2011 for the main construction contract on this scheme. Invitation to bid (ITB) is expected to be issued in the third quarter of 2011. Updated On : April 27, 2011 It is understood that the scheme's project managers have approached contractors to express

interest for the main construction package. The building is designed to achieve a Leadership in Energy and Environmental Design (Leed) rating. As part of efforts to achieve this rating, Denmark's Ramboll is looking to incorporate an advanced natural cooling and ventilation system. Other green design elements include mirrored ducts to introduce natural sunlight and solar shading to reduce the load on the cooling system. This project will be located at the heart of King Abdullah Financial District in Riyadh and cover a total area of 140,000 square metres. The scheme is still in initial stage of planning. Japan's Nikken Sekkei has been appointed as the architect. Contact Person: Mr. Ali Ganjehlou (General Manager) E-mail: ali@nikken.co.jp Denmark's Ramboll is acting as the environmental design consultant. Contact Person: Mr. Wael Khalil (Associate Director - Environmental & Nature) E-mail: w.khalil@ramboll.ae UK-based Mace Group is the project management consultant (PMC). Contact Person: Mr. Ian Tarry E-mail: ian.tarry@macegroup.com Main Architect Project Manager Design Consultant Tender Categories Nikken Sekkei Ltd. (Saudi Arabia) Mace Group (Saudi Arabia) Ramboll (Saudi Arabia) Prestige Buildings