Abu Dhabi Investment Authority Publishes 2011 ADIA Review

The Abu Dhabi Investment Authority (ADIA) published its 2011 ADIA Review, which provides an insight into our activities over the past year while aiming to further enhance understanding of our approach to investing. established in 1976, ADIA is a globally-diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation.

The enclosed ADIA Review provides a broad overview of our activities in 2011, including analysis of market conditions across the many asset classes in which we invest and significant developments within each of our investing departments. In addition, it offers insights into ADIA's culture and explains our approach to key areas such as investment strategy, governance and risk management.

The 2011 Review also highlights some of the key developments at ADIA during 2011, including: Restructuring of our geographically-focused external equities departments under two new departments - Indexed Funds, and External Equities Merging of ADIA's real estate and infrastructure activities into the renamed Real Estate '&' Infrastructure Department Redesign of ADIA's leadership and management development programmes in line with our cultural values. He full 2011 ADIA Review is available on our website, www.adia.ae