United Industries Company

Recommendations

Date	Research Firm	Action	From	To
08/06/08	Global Investment House	Maintain	Outperform	Outperform
26/12/07	Global Investment House	Maintain	Outperform	Outperform
30/09/07	Global Investment House			Outperform

	2007	2008	2009
Outperform	2	1	0

Dubai Investments	Maintain
Nass Corporation	Maintain
Aabar Investments	Upgrade
Nass Corporation	Initiated
National Industries Group Holding	Maintain

Markaz - KSE Market Weekly Snapshot Kuwait - Markaz - 13 November 2008
Univest - Abu Dhabi Monthly Economic Brief: October 2008 UAE - Univest Group - 13 November 2008
Univest - Kuwait Monthly Economic Brief Kuwait - Univest Group - 11 November 2008
Markaz - KSE Market Weekly Snapshot Kuwait - Markaz - 06 November 2008
Global - UAE Stock Markets Weekly UAE - Global Investment House - 06 November 2008
Iraqi Panellists blame Oil Ministry for delay in passing oil-gas bill Iraq - BBC International Reports (Middle East) - 30 October 2008
Markaz - KSE Market Weekly Snapshot Kuwait - Markaz - 30 October 2008
Global - UAE Stock Markets Weekly UAE - Global Investment House - 30 October 2008
SHUAA Capital - GCC Morning Brief Bahrain - SHUAA Capital - 28 October 2008
SHUAA Capital - GCC Morning Brief Saudi Arabia - SHUAA Capital - 28 October 2008