This document contains a progress report for elevator works at the Anantara Palm Jumeirah and Tiara Residences project for the period ending January 26, 2008. It shows the planned, early, late, and actual monthly and accumulated percentages of progress. By the end of January 2008, the early progress was at 88.3% of the total plan, the late progress was at 86.03% of the plan, and the actual completed work was 8.43% of the plan. The overall progress curve indicates that installation was mostly on or ahead of schedule according to the early progress line, with some delays as shown in the late progress line.

1. CLIENT: ZabeelCLIENT: ZabeelCLIENT: ZabeelCLIENT: Zabeel
InvestementInvestementInvestementInvestement
L.I.CL.I.CL.I.CL.I.C
Planning Departement
Package No. : D0469
Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08
% Early Monthly 0.00% 3.07% 10.26% 15.16% 14.71% 15.88% 15.88% 13.33% 9.54% 2.16% 0.00%
% Accu. Early Monthly 0.00% 3.07% 13.33% 28.50% 43.20% 59.08% 74.97% 88.30% 97.84% 100.00% 100.00%
% Late Monthly 0.00% 0.33% 1.89% 9.07% 13.58% 15.86% 15.86% 14.10% 15.34% 12.47% 1.50%
% Accu. Late Monthly 0.00% 0.33% 2.22% 11.29% 24.87% 40.73% 56.59% 70.69% 86.03% 98.50% 100.00%
% Actual Monthly 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.43% 0.00% 0.00% 0.00% 0.00%
% Actual Accum. 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.43%
Early Planned
Late Planned
Actual
Anantara Palm Jumeirah and Tiara Residences
Overall Progress S-Curve For Elevators Works
Progress Status For Period Ending On <26-January08 >
Month :Month :Month :Month :
January. 08January. 08January. 08January. 08
13.33%
28.50%
43.20%
100.00%
59.08%
74.97%
88.30%
97.84%
100.00%
100.00%
2.22%
11.29%
24.87%
40.73%
56.59%
86.03%
70.69%
98.50%
8.43%
0.00%
20.00%
40.00%
60.00%
80.00%
100.00%
120.00%
Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08
Months
%Progress
% Early Monthly
% Late Monthly
% Actual Monthly
% Accu. Early Monthly
% Accu. Late Monthly
% Actual Accum.
Data Date: 26Jan08