Abu Dhabi Ship Building Stock

Abu Dhabi Ship Building PJSC (ADSB) is a United Arab Emirates-based public joint stock company engaged in the construction, repair, and overhaul of commercial and military ships and vessels. The Company’s services and products include Navel Ship Building, which covers corvettes, fast petrol boats, interceptors, assault boats, fast troop carriers, fast supply vessels and landing crafts; Navel Repairs, which include hull and deck replacement, replacement of obsolete equipment and valves and pump repairs, among others; Commercial Ship Building, covers sea keeper, tug boats, crew boats, dredgers and product tanks, and Commercial Ship Repairs and Conversions, which offers individual owners and major offshore fleets, routine maintenance to major upgrades and long-term maintenance contracts for public and private sector, among others. As of December 31, 2011, the Company had stake in Abu Dhabi Systems Integrations LLC and Gulf Logistics and Naval Support LLC.