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MAC Sharaf Milestones

January, 2006.
McMillen Advantage Capital Limited ("MAC") was formed in Hong Kong, with shareholders including Robert W. McMillen, Quam Limited, Killik & Co, Banque Morval, Lloyd Edwards Jones, Syrus Securities and several high net worth individuals.

February, 2006
MAC signed a Joint Venture Agreement with the Sharaf Group to form a brokerage operation in the U.A.E.

June, 2006
Major General Mohammed Al Ali also became a joint venture partner. MAC Sharaf incorporated in the U.A.E.

August, 2006
MAC Capital Advisors Limited ("MACCA") formed in St. Lucia.

November, 2006
MACCA approved to sponsor listings on the NASDAQ Dubai.

December, 2006
MACCA completes its first cross order M&A transaction with the USD 62.85 million acquisition of shares in a listed company in Thailand by major Dubai and Kuwaiti corporates.

February, 2007
MAC Sharaf was granted license to trade shares by ESCA. MAC Sharaf granted seat on the DFM and first trade was conducted on the DFM.

March, 2007
MACCA started issuing corporate research on companies in the U.A.E. to retail and institutions internationally.

July, 2007
MAC Sharaf granted seat on the ADX.

September, 2007
MAC Sharaf conducted first trade on the ADX.

October, 2007
MAC Sharaf arranges first trade on the NASDAQ Dubai.

November, 2007
MAC Capital incorporated in the Dubai International Financial Centre ("DIFC"). MAC Capital licensed as a Category 2 Investment Bank by the DFSA.

December, 2007
MAC Capital announced its first international cross border M&A deal.

January, 2008
MAC Capital was granted a seat on the NASDAQ Dubai. MAC Capital announces its first appointment as an advisor to a Secondary Listing on the NASDAQ Dubai.

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