[Dubai, 12thDecember, 2012]The Joint Venture between Arabian Construction Company Saudi Arabia and Drake & Scull Construction Saudi Arabia (DSC KSA), a wholly owned subsidiary of Drake & Scull International (DSI) PJSC, and has been awarded a SR2.7bn ($720m) contract to build phase three of the Jabal Omar development in Mecca.

Under the terms of the Joint Venture agreement DSC share will be 50 % of the overall value of the contract.

The third phase of the Jabal Omar scheme will involve the construction of four hotel towers with a total built up area of 400,000 square metres. The Towers will also include a 5 star and 3 star hotel.

Additional details on the project and the official scope of works will be announced by DSC in the future.

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About Drake & Scull InternationalPJSC

Drake & Scull International PJSC (DSI) is a regional market leader delivering world class quality projects via end to end solutions that provide integrated design, engineering and construction disciplines of Mechanical, Electrical and Plumbing (MEP), Civil Contracting, and Water & Power, Infrastructure, Rail in addition to Oil & Gas through People, Innovation, and Passion.

DSI established its first office in Abu Dhabi in 1966, and has since expanded operations to encompass offices in Dubai, Egypt, Kuwait, Libya, Oman, Saudi Arabia, Syria, Qatar, Jordan and Thailand, as well as managing projects in Europe and other parts of North Africa

DSI 's main business streams include Drake & Scull International, which serves as the MEP arm, Drake & Scull Construction (DSC), which is the General Civil Contracting unit and Drake and Scull Water & Power (DSWP), which focuses on the Water & Power and Infrastructure sector.

In 2008, DSI offered 55% of its shares to the public and the IPO was oversubscribed 101 times. Ernst & Young ranked the IPO among the top 20 global IPOs in 2008.

DSI has since then used the funds to integrate, establish and acquire businesses that compliment its corporate strategy of expansion into new markets, via organic and inorganic growth.

The fully Integrated Management Systems, certified to ISO 9001:2008, ISO 14001:2005 and OSHAS 18001:2007 standards are compliant with leading building, health and safety regulations, as well as sound environmental and energy management procedures.

DSI is a leader through experience, and has established a regional leadership position over 44 years of successfully completing the most complex projects on time, within budgets and matching set quality parameters.

DSI has completed many prestigious projects in the region for over four decades, and has helped shape the region's skyline from within.

About Arabian Construction Company

Arabian Construction Company (ACC) is a dynamic and progressive organisation recognised as a leader in the region's construction industry.

ACC has been operating since 1968 through a comprehensive regional network across the Middle East. From power generation and desalination plants to factories, hotels, hospitals, defence works, public buildings and intricately sophisticated smart buildings, ACC's track record features a prestigious list of efficiently delivered projects.



For more information, please contact:

Drake & Scull International PJSC
Rabih Abou Diwan
Corporate Communication Manager
T: +971 4 8112300
M: +971 50 5500891
Email:Rabih.Aboudiwan@drakescull.com
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