Dubai, UAE; 4 December 2011: On 30 November 2011, Depa Limited (“Depa” or “the Company”) received notification from that on 27 November 2011, Morgan Stanley & Co International Plc acquired an additional 800,000 shares in the Company, at a price of $0.39 each.

Following the above transactions, Morgan Stanley and its subsidiary companies holds 31,117,340 ordinary shares representing 5.06% of the issued share capital, up from 4.93%.

For further inquiries, please contact:

Depa Limited
Noor Sweid
Managing Director, Strategy
Tel: +971 4 224 3800
Email: strategy@depa.com

Brunswick Gulf Ltd
Rupert Young / Jade Mamarbachi
Email:depa@brunswickgroup.com
Tel: +971 4 446 6270

About Depa Limited
Depa Limited is a leading interior contracting company in the Middle East, North Africa and Southeast Asia regions. Operating principally in the luxury fit-out industry, its main areas of business cover luxury hotels, infrastructure and public sector amenities such as hospitals and airports, high-end residential properties, retail outlets, as well as yachts. Depa is listed on the NASDAQ Dubai (ticker DEPA) and has Global Depositary Receipts on the regulated market for listed securities of the London Stock Exchange plc (ticker DEPA and DEPS).

The range of business activities performed by Depa comprises:

• Interior contracting: which focuses on luxury interior fit-out services, which include installation and finishing of floors, walls, ceilings, fixed joinery, panelling, wood-works, doors and frames;
• Manufacturing: which comprises a network of factories and joineries which produce customized furniture, fixtures and equipment (FF&E);
• Procurement: which involves the procurement of supplies and materials from third parties to support and complement Depa's interior contracting and manufacturing operations as well as third party procurement contracts for specific FF&E projects.