Alexandria International Container Terminal Company, SAE

In April 2008, MENA Infrastructure Fund acquired a minority stake in Alexandria International Container Terminals SAE ("AICT"). AICT is a part of the Hutchison Port Holdings' (HPH) global network of container terminals. HPH is the leading independent port developer and operator in the world with 47 ports in 24 countries and handling 66.3 million twenty-feet equivalent unit containers (TEUs) in 2007. In its short operating history, AICT has established itself as the preferred terminal operator by achieving high levels of operating efficiency and customer satisfaction.