1 December 2010

Mr Willi Diener (in person) for the Applicant.

Ms Joanna Rolls and Ms Jacqui de Bidaph for the Liquidators.

In the name of His Highness Sheikh Hamad bin Khalifa Al-Thani, Emir of the State of Qatar

Justice Dohmann, Justice Lord Cullen, Justice Sackville:

JUDGMENT

THE COURT:

THE APPLICATION

• 1. On 6 June 2010, the Court made an order for the compulsory winding up of Al Mal Bank LLC (“the Bank”) on the petition of the Applicant, and ordered that the Applicant's costs of the winding up application, including legal expenses and the costs of his appearance before the Court on 6 June 2010, be costs in the liquidation.

• 2. On 20 June 2010, the Applicant submitted to the Liquidators a schedule setting out amounts claimed by him. The total claimed was AED 5,817,394, including the principal sum of AED 3,000,000 invested by the Applicant with the Bank under a Wakala Investment Agreement.