15 January 2007 — Senior Appointment at Dubai Financial Services Authority (DFSA)

Dubai, UAE, January 15, 2007: The DFSA has announced the appointment of Mr. Norman Miller as Managing Director, Enforcement.

Mr. Miller joins the DFSA from the New Zealand Securities Commission where he headed enforcement and international relations since 1990. Prior to that, Mr. Miller worked in Hong Kong, primarily as a Crown Counsel, and later as a lawyer with the Commission for Securities and Commodities Trading. He will take up his position with the DFSA in March.

David Knott, DFSA Chief Executive, stated: “Mr. Miller is a highly experienced law enforcement officer who is well respected by regulators of international securities markets. We are fortunate to have attracted a person of his standing and reputation to the DFSA.

“DFSA is committed to enforcing compliance by financial services firms with the laws and regulations of the DIFC. Mr. Miller’s recruitment adds strength to an already impressive enforcement team that has been active in upholding the high reputation of the Centre.”