Makkah & Madinah Holdings Ltd. 
     
    Re: Change of Directorate
     
    The Shari'ah-compliant, ISDX-quoted, real estate investment company, Makkah &
    Madinah Holdings Ltd. ("MMH" or the "Company"), wishes to inform the market of
    the following change to its Board of Directors. 
     
    Mr. Ahmad Iqbal Bangee, the Financial Director, who has served in this function
    since 2012, has resigned as a Director of the Company to pursue other business
    interests, with immediate effect. 
     
    The Company thanks Mr. Bangee for his contribution to MMH and, in particular,
    for developing and supervising the Company's financial control and reporting
    procedures. 
     
    The Company intends in due course to appoint a replacement for Mr. Bangee. The
    finance function will, meanwhile, be overseen by the present financial manager.
     
    Muin El-Saleh, 
    Director and Chief Executive Officer, 
    Dubai, 13 January 2016
     
    This announcement has been made after due and careful enquiry; the directors of
    MMH accept responsibility for its content. 
     
    Enquiries: 
     
    Makkah & Madinah Holdings Ltd: 
     
    Reena Sebasitan, Legal Counsel: tel: +971 (0)4 423 9033; e-mail: 
    ir@mm-holdings.com; further information on Makkah & Madinah Holdings Ltd. is
    available from the Company's website: www.mm-holdings.com 
     
    Keith, Bayley, Rogers & Co. Limited: 
     
    Graham Atthill-Beck: tel: +44 (0)20 7464 4092; mobile: +971 (0)50 856 9408; 
    e-mail: Graham.Atthill-Beck@kbrl.co.uk 
    Hugh Oram: tel: +44 (0)20 7464 4096; e-mail: Hugh.Oram@kbrl.co.uk