DP World endorses CEO Climate Change Policy Recommendations to G8 Leaders

Dubai, June 26, 2008 (WAM) - Global marine terminal operator DP World has announced its endorsement of the groundbreaking 'CEO Climate Policy Recommendations to G8 Leaders', the most detailed statement on climate change strategy to date by a diverse group of major companies throughout the world.

The CEO Climate Policy Recommendations to G8 Leaders were handed to Yasuo
Fukuda, Prime Minister of Japan and the current G8 President, by Klaus
Schwab, Executive Chairman of the World Economic Forum, on behalf of the 91
Chairmen and CEOs who have endorsed the policy.

Facilitated by the World Economic Forum and World Business Council on
Sustainable Development, the recommendations are intended to inform G8
leaders' climate change discussions at the Hokkaido-Toyako summit this July.
The recommendations urge governments to adopt a more rapid strategy to bring
about a low-carbon world economy. They call on absolute cuts in the
greenhouse gas emissions, as well as asking business communities to develop
a pragmatic strategy of cost-effective, medium-term carbon abatement
opportunities.

DP World CEO Mohammed Sharaf said: 'DP World's support of the
recommendations emphasises our strong commitment to contribute to the fight
against climate change and minimise our impact on the environment, now and
into the future. The statement provides an effective guideline for
addressing this increasingly important issue at a global level.' The
endorsing group of CEOs is unprecedented in terms of their economic
significance, and geographical diversity, representing virtually every
sector of the world economy including aviation, automotive, chemicals,
energy, engineering and construction, finance, food and drink, mining and
metals, logistics and transport, and many other sectors. DP World is the
only global terminal operator to endorse the recommendations.