Dubai, August 24, 2009: Dubai Gold Securities LLP announced that it had accepted Morgan Stanley as an Approved Applicant in connection with the ongoing offering on NASDAQ Dubai of Dubai Gold Securities, the MENA region’s first and only Shariah-compliant ETC.The Participant Agreement executed with Dubai Gold Securities LLP allows Morgan Stanley to create Dubai Gold Securities subject to it depositing the physical gold bullion that backs every security in issue with the Custodian (HSBC Bank USA, N.A.) to the offering. Similarly, Morgan Stanley will be able to redeem Dubai Gold Securities and take physical delivery of the underlying physical gold bullion.

Dubai Gold Securities LLP is incorporated in the Dubai International Financial Centre (DIFC) and can offer up to 1 Billion Dubai Gold Securities under the Exempt Offer in accordance with the Offered Securities Rules of the Dubai Financial Services Authority (DFSA). Dubai Gold Securities were first admitted to trading on NASDAQ Dubai on 2 March 2009.

About Dubai Gold Securities
Dubai Gold Securities (DGS) represents the first Shariah compliant ETC to be listed in the MENA region. Traded on NASDAQ Dubai (symbol: GOLD), it is an initiative of the World Gold council and Dubai Multi Commodities Centre Authority (DMCCA). DGS offers an efficient, cost-effective and secure was to access to access gold. Every security is backed 100% by physical allocated bars, audited by external auditors and representatives of the DGS Shariah Supervisory Board.