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Press Release Wednesday 26th May 2010: Citadel Trustees announces that it will be a Ruby Sponsor at the Fractional Summit Abu Dhabi and will continue supporting the UK Fractional Summit with Gold Sponsorship in 2011.



Citadel is proud to announce that it will be attending the Fractional Summit in Abu Dhabi as a Ruby Sponsor. The decision by Citadel to support this event which is to be held at the spectacular Yas Hotel on the 23rd and 24th of November 2010, reflects the increasing importance of the Middle East region and the potential it offers the shared leisure market. The Abu Dhabi Fractional Summit is to focus on all the main aspects of the shared leisure industry from traditional timeshare through to all the different types of fractional products.

Christopher Allen, Director, commented "This is an exciting decision for Citadel and we firmly believe that the event will provide us with the ideal platform from which we can launch our bespoke services in the region. Citadel already has many years of experience in Europe, Asia and the Far East, so we see it as a natural progression for us to now look towards the Middle East and the business opportunities it can offer”.

Piers Brown, founder of event organizer Fractional Life, said: “We´re delighted to have Citadel on board for our first event in the Middle East. This sponsorship demonstrates Citadel’s true foresight and commitment to growing the shared ownership marketplace and we look forward to welcoming delegates and sponsors from around the world to network and discover the opportunities in this exciting region”.

Further to the success of the UK Fractional Summit held earlier this year at the Marriott Grovesnor, London, Citadel is also proud to confirm that it will be attending the 2011 event and, for the fourth year running, it will be supporting the Summit as a Gold Sponsor.

Citadel also specializes in emerging products, such as green energy and biomass products, requiring stakeholder, trustee and escrow services, as well as Hotel buy-to-let schemes and other leisure related investment products. Citadel has grown rapidly since its inception and is authorized by the UK Financial Services Authority to set-up, operate and wind-up Unregulated Collective Investment Schemes, an area of business which has seen very strong growth in recent years and one which will be of particular focus for the company in the future. The Group now boasts offices in the UK, Spain, India, Thailand and China and is involved with projects valued at over $2.5 billion.

For further information about Citadel, please contact Christopher Allen, Director, Client Services and Business Development, by email chrisallen@citadeltrustees.com or, call the company’s UK Head Office +44 (0) 1276 482015/16