DPW DP World

TIDMDPW

RNS Number : 1420A

DP World Limited

18 December 2014

DP World Limited - Extraordinary General Meeting Voting Results

The Extraordinary General Meeting ('EGM') of DP World Limited (the 'Company') was held at The Wheelhouse, Jebel Ali Port, Jebel Ali, Dubai today, Thursday 18 December 2014 at 11:00am.

The resolutions put to shareholders at the EGM relate to the acquisition of Economic Zones World FZE ('EZW') owner of Jebel Ali Free Zone and the delisting of DP World securities from the London Stock Exchange, as well as the confirmation of the appointment of Mark Russell as an Independent Non-Executive Director of the Company who was appointed to the Board with effect from11 August 2014. All the resolutions have been passed.

ORDINARY RESOLUTIONS

ACQUISITION OF ECONOMIC ZONES WORLD FZE

Resolution 1

It was proposed that the acquisition by DP World FZE, a wholly owned subsidiary of the Company, of the entire issued share capital of Economic Zones World FZE from Port and Free Zone World FZE (the "Acquisition"), substantially on the terms and subject to the conditions of the share purchase agreement dated 13 November 2014 between the Company, DP World FZE and Port and Free Zone World FZE (the "Acquisition Agreement"), as summarised in Part IV (Principal Terms of the Acquisition) of the circular to shareholders of the Company dated 13 November 2014 (the "Circular"), and all other agreements and ancillary agreements contemplated by the Acquisition Agreement be approved and the directors of the Company (the "Directors") (or any duly constituted committee thereof) be authorised:

(a) to take all such steps as may be necessary or desirable in connection with, and to implement, the Acquisition; and

(b) to agree such modifications, variations, revisions, waivers or amendments to the terms and conditions of the Acquisition (provided such modifications, variations, revisions, waivers or amendments are not material), and to any documents relating thereto, as they may in their absolute discretion think fit.

Resolution 1 was as an ordinary resolution requiring approval from a majority of the votes attaching to the Shares of Independent Shareholders which were voted on the resolution.

107,207,598 of the votes cast by Independent Shareholders were in favour (representing a total of 99.99% of the total votes cast by Independent Shareholders ) and 0 of the votes cast were against (representing a total of 0% of the votes cast by Independent Shareholders). The number of votes of Independent Shareholders marked as abstained was 14,331 (representing a total of 0.01% of the total votes cast by Independent Shareholders).

APPOINTMENT OF MARK RUSSELL

Resolution 2

It was proposed that the appointment of Mark Russell as a director of the Company with effect from 11 August 2014 be and is hereby ratified, confirmed and approved

Resolution 2 was as an ordinary resolution requiring approval from a majority of the votes attaching to the Shares which were voted on the resolution.

774,796,828 of the votes cast were in favour (representing a total of 99.98% of the votes cast) and 151,100 of the votes cast were against (representing a total of 0.019% of the total votes cast). The number of votes marked as abstained was 9,001 (representing a total of 0.001% of the total votes cast).

SPECIAL RESOLUTIONS

DELISTING FROM LONDON STOCK EXCHANGE

Resolution 3

It was proposed that the cancellation of the listing of the Company's Shares on the premium listing segment of the Official List of the Financial Conduct Authority and cessation of trading of the Shares on the Main Market of the London Stock Exchange (together, the "Delisting") be approved and the Directors of the Company be authorised to cause such Delisting to be effected and to do and/or procure to be done all such acts or things as they may consider necessary or desirable in connection therewith.

Resolution 3 was a special resolution requiring approval from

(a) a majority of not less than 75 per cent. of the votes attaching to the Shares of Shareholders which are voted on the resolution; and

(b) a majority of the votes attaching to the Shares of Independent Shareholders which are voted on the resolution.

For (a) 762,866,675 of the votes cast were in favour (representing a total of 98.44% of the votes cast) and 12,081,253 of the votes were against (representing 1.559% of the votes cast ). The number of votes marked as abstained was 9,001 (representing a total of 0.001% of the votes cast).

and for (b) 95,131,675 of the votes cast by Independent Shareholders were in favour (representing a total of 88.72% of the votes cast by Independent Shareholders) and 12,081,253 of the votes cast were against (representing a total of 11.27% of the votes cast by Independent Shareholders). The number of votes marked as abstained was 9,001 (representing a total of 0.01% of the votes cast by Independent Shareholders ).

In accordance with the UK Listing Authority, a copy of all the resolutions and voting results will shortly be available for inspection on the National Storage Mechanism, which is located at www.Hemscott.com/nsm.do

- The End -

For further information:

Bernadette Allinson

Board Legal Adviser & Company Secretary

DP World Limited

+9714 8811110

This information is provided by RNS

The company news service from the London Stock Exchange

END

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