Update on Settlement with 1MDB and MoF Inc.

International Petroleum Investment Company PJSC - Update on Settlement with 1MDB and MoF Inc.

Further to the announcement of 30 August 2017 (RNS Number 3189P), International Petroleum Investment Company PJSC (IPIC) has now received all the funds required to be paid to IPIC by 31 December 2017 under the Settlement with the Minister of Finance (Incorporated) Malaysia and 1Malaysia Development Berhad and the Consent Award made on 9 May 2017.

For further information, please contact:

International Petroleum Investment Company PJSC

P.O. Box 45005, Abu Dhabi, United Arab Emirates

Telephone: +971 2 413 0000

Fax: +971 2 413 0001

Email: media@mubadala.ae