ADCB Issues 150 Million Swiss Franc Bonds

09 February 2011

Abu Dhabi, 9 February 2011: ADCB announced today that the Royal Bank of Scotland plc ("RBS") and UBS AG ("UBS") acting as its joint lead managers have successfully priced an issue of CHF 150 million medium-term notes (the "Notes") for ADCB Finance (Cayman) Limited ("ADCB Finance") under its USD7.5 billion MTN Programme (the "Programme") guaranteed by Abu Dhabi Commercial Bank PJSC ("ADCB"), representing ADCB's first issue in the capital markets in 2011.

The trade was launched on Tuesday, 8 February 2011, at an issue size of CHF 150 Mio upon receiving strong investor demand. The books were closed within 4 hours. The Notes are scheduled to be issued on 8 March 2011 with a coupon of 3.00% and maturing in December 2015. ADCB has previously issued twice in the Swiss market and the subject issue helps investors to keep focused on the ADCB story.

Kevin Taylor, ADCB Group Treasurer expressed that the strong connectivity between Abu Dhabi and Switzerland, coupled with the frequent issues ADCB has conducted in that market, has resulted in a notable demand for an issue from ADCB. Mr. Taylor also confirmed that ADCB is now the first issuer from the Middle East to launch a public transaction subsequent to the turmoil in Egypt.

The net proceeds of the issue will be lent by ADCB Finance to ADCB for its general corporate purposes. ADCB Finance is a wholly-owned subsidiary of ADCB. It was incorporated in the Cayman Islands as a limited liability company on 12 May 2008.