24 October2012

                       MAKKAH & MADINAH HOLDINGS LIMITED                        

                                (the "Company")                                

                              Issue of Securities                              

The Shariah-compliant, PLUS-quoted, real estate investment company, Makkah &
Madinah Holdings Limited, has issued 1,242,606 Class A Voting Shares of 0.5
pence each ("Shares") to a third party in the ordinary course of business. The
number of Shares in issue has accordingly increased to 1,267,249,125
(previously: 1,266,006,519).

Muin El-Saleh,

Director,

Dubai, 23 October 2012

This announcement has been made after due and careful enquiry; the directors of
Makkah & Madinah Holdings Limited accept responsibility for its content.

ENDS.

Enquiries:

Makkah & Madinah Holdings Limited:

Victoria Arscott, Investor Relations Manager; +971 4 423 9033;

[email protected]

Daniel Stewart and Company Plc:

Graham Atthill-Beck; +971 4 340 7262/+971 50 856 9408/+44 7779 059 879; 
[email protected]

Jamie Barklem; +44 20 7776 6550; [email protected];

Paul Shackleton; +44 20 7776 6550; [email protected]