Weight Loss Express

25 March 2008

TAQA appoints new General Counsel

The Abu Dhabi National Energy Company PJSC, (TAQA), a publicly listed company on the Abu Dhabi Securities Market (ADSM: TAQA), today announced the appointment of Carl Sheldon as General Counsel. He is a US and UK qualified lawyer who brings with him more than 25 years of experience in private practice in New York, Frankfurt and London.

TAQA's asset base now exceeds USD 18bn and the company plans to continue investing in key markets this year. Carl Sheldon will join TAQA on April 1. He will travel initially from New York to TAQA's various centres of operation around the world, and expects to spend a significant amount of time in Abu Dhabi for his new role. One of his priorities will be to build the foundations of a global legal group to support the company's existing asset portfolio and manage new acquisitions as the company grows.

About Abu Dhabi National Energy Company PJSC (TAQA)

Founded in 2005, TAQA (the Abu Dhabi National Energy Company PJSC) is a global energy company with a growing asset base that exceeds AED 68 (USD 18 billion). One of the largest companies listed on the Abu Dhabi Securities Market (ADSM), with 2007 revenues of more than AED 8 billion (USD 2 billion), TAQA is a flagship corporation for the Government of Abu Dhabi.

TAQA's strategic goal is to build and operate a geographically diverse global portfolio of energy businesses across the value chain. It has operations in power generation, water desalination, upstream oil/gas, pipelines, and gas storage.

TAQA employs 2,300 people from 38 different nations and operates from its offices in: Abu Dhabi; Ann Arbor, Michigan; Aberdeen; Amsterdam; Calgary and The Hague. This footprint is further extended through alliances with partners across Africa, the Middle East, Europe, North America and India.

TAQA carries Aa2 and AA- credit ratings from Moody's and S&P respectively.

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