Tatweer to Create World's First Marvel Super Heroes Theme Park

    4.5 Million Sq Ft Development to be Built in Dubailand

    DUBAI, UAE, April 20 /CNW/ - Tatweer, a member of Dubai Holding, today
announced a landmark deal with US-based Marvel Entertainment, Inc. (NYSE:
MVL), the creators of such globally renowned Super Heroes as Spider-Man, The
X-Men, Iron Man, the Fantastic Four and The Incredible Hulk, to develop the
region's first Super Heroes theme park at the world's largest leisure, tourism
and entertainment destination.
    Allocated within DUBAILAND(R), the Marvel Super Heroes theme park will be
one of its key anchor projects. The design and conceptual master plan of this
4.5 million sq ft development has recently been finalized. The park, expected
to welcome visitors in 2012, will provide families an ultimate destination
with new and exciting rides that will enable them to re-live their childhood
and interact with their beloved Super Hero characters.
    Initiated by Tatweer, the Marvel Super Heroes theme park will further
enhance and diversify the region's entertainment offerings, and spotlight
Dubai's status as one of the world's most attractive tourism destinations.
    Saeed Al Muntafiq, Executive Chairman, Tatweer, said: "We are delighted
to welcome Marvel as our latest member in the distinctive DUBAILAND(R)
portfolio. We are confident this landmark partnership will add further value
to the exciting world-class offerings of DUBAILAND(R)."
    David Maisel, Executive Vice President of Marvel Entertainment and
Chairman, Marvel Studios, said: "We are privileged to be a part of the
DUBAILAND(R) Destination, a unique entertainment experience that captures the
world's best creative concepts. The launch of the Marvel Super Heroes theme
park in Dubai will mark our entry into a region that promises tremendous
growth potential for our brands."
    Originally announced last year as a partnership between the Al Ahli group
and Marvel Entertainment, Tatweer has now stepped in to oversee and take the
development forward, and strategically manage its theme park portfolio.
    Maisel added: "We are truly thankful to Al Ahli Group who was
instrumental in starting the negotiations to bring the Marvel Super Heroes
theme park concept to Dubai. The decision to move over to Tatweer's DUBAILAND
is a strategic move aimed at positioning Marvel Super Heroes theme park in the
world's most diverse leisure and entertainment destination."
    The three billion sq feet Dubailand(R), a member of Tatweer, comprises
projects that include DreamWorks Animation Park, Six Flags, HIT Entertainment,
Universal Studios Dubailand(R), Global Village, and several projects including
Dubai Sports City, Motor City, Dubai Outlet Mall, Al Sahra Desert Resort, Al
Barari, The Polo and Equestrian Club, City of Arabia, Legends, Dubai Wheel and
Falcon City of Wonders.

    About MARVEL:

    With a library of over 5,000 high-profile characters built over more than
sixty years of comic book publishing, Marvel Entertainment, Inc. is one of the
world's most prominent character-based entertainment companies. Marvel
utilizes its character franchises in licensing, entertainment (via Marvel
Studios), publishing (via Marvel Comics) and toys, with emphasis on feature
films, home DVD, consumer products, video games, action figures and
role-playing toys, television and promotions. Marvel's strategy is to leverage
its franchises in a growing array of opportunities around the world. For more
information visit http://www.marvel.com.
    Marvel and all related characters: TM & (c) 2008 Marvel Characters, Inc.
Super Hero(es) is a co-owned registered trademark.

    About DUBAILAND(R):

    DUBAILAND(R), a member of Tatweer, is the world's most ambitious tourism,
leisure and entertainment project, catering to the needs of the entire family.
The unique 3 billion sq. ft. development has been designed to catalyze the
position of Dubai as an international hub of family tourism, appealing to
tourist segments across genders, age group, world regions and activity
preferences. DUBAILAND(R) is projected to attract millions of tourists
annually from around the world.
    The diverse projects under DUBAILAND(R) include theme parks, eco-tourism
projects, shopping malls, restaurants and residential units that are being
developed by UAE, GCC and international investors.
    A product of extraordinary vision, DUBAILAND(R) will be an attractive
place to 'live, work and play' for the emirate's growing population, both as a
leisure destination and an appropriate setting for business and entertainment
development.

    About Tatweer:
    Launched in December 2005, Tatweer is one the region's most dynamic
enterprises and a member of Dubai Holding. Comprising 10 market-leading
brands, it oversees an ambitious business development plan. Its current
portfolio is divided into Energy & Healthcare, Tourism & Entertainment, and
Industry & Real Estate offerings. Its entities include Dubai Healthcare City,
the region's hub for world-class quality healthcare services; Mizin, one of
the most advanced real estate companies in the region; Universal City
Dubailand, the 22 million sq ft development, featuring Universal Studios
Dubailand as its centerpiece; "The Tiger Woods - Dubai", an exclusive golf
community that will include the first Tiger Woods designed golf course;
DUBAILAND(R), one of the biggest leisure, entertainment and tourism
destinations in the Middle East; Dubai Industrial City, an industrial township
to develop Dubai as a leading manufacturing hub; BAWADI(R), the world's
leading hospitality and entertainment project hosting 51 luxury hotels and
more than 60,000 hotel rooms; Dubai Energy, investing in regional and global
energy opportunities and building a diversified investment portfolio; Dubai
Mercantile Exchange, the first energy futures exchange in the Middle East set
up in partnership with the New York Mercantile Exchange and Global Village, a
premier family destination for culture, entertainment, cuisine and commerce.
    Tatweer's entities continue to consolidate a group of life-improving
industries in addition to pioneering joint venture initiatives with leading
global conglomerates. They continuously strive for world-class performance,
while implementing leadership development to drive and sustain business
excellence, quality and high performance.

For further information: Tatweer, DUBAILAND(R) PR Agency: Aseel Nihad,
Senior Account Executive, Jiwin the Public Relations Arm Of Dubai Press Club,
Phone: +971-4-3613584, Email: aseel.nihad@Jiwin.ae; MARVEL: Jeff Klein, Email:
jeff_klein@dkcnews.com