The Pearl-Qatar Openings.

Doha, March 24, 2011: The Pearl-Qatar announced at a press conference today an exciting agreement with Spinneys to open two stores at The Pearl-Qatar. The first, a large full service ‘flagship’ supermarket, will make Spinneys one of the main anchor tenants at The Pearl-Qatar’sPorto Arabia, the second location will be at Medina Centrale.

Kirk Martin, Executive Vice President Fashion & Retail LeasingatThe Pearl-Qatar, said: “Spinneys have unquestionably chosen an ideal location to host two key new outlets in Qatar, in addition to its existing outlet at The Mall. The Pearl-Qatar is one of the most glamorous addresses in the Middle East and its Riviera living style offers luxury accommodation, shopping, dining, high-class marinas, five star hotels, schools and community facilities.”

The Spinneys ‘flagship’ supermarket at Medina Central will cover a space of 4,000m², while the second supermarket in Porto Arabia will cover a space of 500m². The supermarkets are scheduled to open at The Pearl-Qatar in summer 2011 and will provide residents and visitors with the convenience of quality products, complimented by a door-to-door delivery service.

Alistair Calder, Chief Development Officer, Spinneys, commented: “We are delighted to be opening our Spinneys stores at The Pearl Qatar, in what is clearly a flagship development in Qatar. We are always looking for partners who will provide us with the right opportunity and location to sell our unique range of premium products to customers who appreciate quality and value.”

“A unique location like The Pearl-Qatar is definitely highly appealing and we are proud to be selected as the location of choice for the expansion of this renowned supermarket chain.” added Martin.

The Pearl-Qatar residents and visitors using Spinneys supermarkets will also be able to take advantage of a broad range of retail outlets that have already opened at Porto Arabia, these include a renowned mix of designer fashion brands and top-class food & beverage outlets.

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