We are pleased to announce important news for our Company. On 21 June 2005, a new name and identity were revealed to our colleagues, business partners and the international press by Mr Gerald Lawless, Chief Executive Officer. This announcement signals the start of an exciting period. Jumeirah, as Jumeirah International is now known, is going forward to develop a global super-brand under a single, distinctive and memorable name. All of our hotel names will feature the Jumeirah identity, yet each will retain their individual style and uniqueness. We remain committed to being the world's most luxurious hospitality brand and the name Jumeirah will continue to be synonymous with outstanding service.