This document provides an overview and status update of the Al Qasr Mall project in Saudi Arabia. It summarizes that the project is 99.6% complete, with construction of core packages finished and critical milestones like energizing transformer rooms achieved. It also lists potential additional works and notes 44.18% of the mall's leasable area is fitted out and ready for tenants. Key pre-opening tasks are still needed before the mall can open.

1. Saudi Diyar consultant
Al Qasr Mall Project
20th Feb. 2012

2. Al-Qasr Plan

3. Al Qasr Shopping Centre
Lead Architect: Albert Speer & Partners
Lead Consultant: Saudi Diyar
Main Contractor: Saudi Constructioneers
67,500 m² Land Area
215,000 m² of BUA
76,489.6 m² of Leasable Area
368 Shop/Store
1756 Parking Capacity
Construction Start: May 2008
Expected completion: 31st
Jan 2012

4. Current Status of Packages
Pkg 6A: SAUDICO- Structural Works
Work In Place 100%
Forecast Completion Date 17-Dec-09
Pkg 6B: SAUDICO- Finishes & MEP Works
Work In Place 98.8%
Forecast Completion Date 15-Feb-12
Pkg 6C: Al Ojaimi- Substation & Cable Works
Work In Place 100%
Forecast Completion Date 30-Oct-11
Project Total of completion all packages: 99.6%

5. Critical Milestones to Achieve
Completion Date
All Construction Works Completed on or before- 15 Feb 2012
Energize Transformer Rooms- 30 Oct 2011 ( Done)
Telephone Cables and Cabinet- all material delivered & partially installed.
Way finding mock up approval : 04.01.12, 45days for installation after
releasing LOI.
Balance of the interior design packages in Process
Electrical Panel Boards Delivery- 100 % delivered.
Execution of the STC Contract Agreement- awaiting Signature
Finalizing Al Shaya requirements
Finalizing the A/C requirements for the Stores
Finalizing The Food Court Requirement (GAS)
Epoxy Paint- Ground Floor painting

17. PROJECT: AL QASR MALL
LIST OF POTENTIAL ADDITIONAL WORKS
SN Description Rough Estimated Cost Duration Remarks
1 Fun Zone (Part A) - Waterproofing Awaiting SCE Cost
2 Drop Off area
Awaiting SCE Cost from conceptual drawing
provided by SDC
3 Additional Parking Areas (at North East) Awaiting SCE Cost
4 LPG Central Tank & Services 649,982.00 2 months
SR 649,982 - cost from Supplier/contractor
(AL ROWAFED Est), Excluding Civil works
which still awaiting from SCE
5 Additional HVAC works for Tenant (AL SHAYAH) 6,000,000.00 9 months As proposed by SCE
6 Water and Drainage for 17 shops 590,150.00 10 weeks (2.5 month) As proposed by SCE
7 Additional 4 nos. Panoramic Elevator 12 Months
* includes 1month design period of SDC
* SDC awaiting DAAR's instruction to provide
the design.

54. Floor
Total
(1)
In Process of
Handing Over
(2)
Total HO To
DAAR-PM (or
skipped)
(3)
Handed Over to
DAAR-PM with
No
Tenant Action
(4)
Handed
Over to
Tenant with
No Further
Action
(5)
Tenant Submitted
Fit Out Design
Drawings
for DAAR Approval
but Did Not Start Fit-
Out Works
(6)
Fit-Out
Works
Started
(7)
Ground Floor 54 2 52 44 2 1 5
First Floor 79 2 77 22 8 0 47
Second Floor 91 1 90 66 4 0 20
Third Floor 140 84 56 38 8 1 9
TOTAL 364 89 275 170 22 2 81
Area of Fit out on board
M2
Total Leasable Area M2 Percentage achieved
33793 76489.6 44.18%

55. THE KEY PRE-OPENING TASKS NEEDED TO BE
COMPLETED PRIOR TO THE MALL OPENING

68. Saudi Diyar consultant
Al Qasr Mall Project
Thank You