London, September 26, 2008—The Abu Dhabi United Group Investment & Development Limited (Abu Dhabi United Group) completed its acquisition of 90% of the ordinary shares of Manchester City Limited, the holding company of Manchester City Football Club. Abu Dhabi United Group is ultimately owned by Sheikh Mansour bin Zayed Al Nehayan, a member of the royal family of Abu Dhabi.

Abu Dhabi United Group acquired the shares of Manchester City Limited from UK Sports Investments Limited, a vehicle ultimately controlled by family interests of Dr Thaksin Shinawatra, the former Prime Minister of Thailand.

Shearman & Sterling represented Abu Dhabi United Group in this transaction. Principal lawyers involved, from both London and Abu Dhabi offices, included partners Laurence Levy (London-M&A), Mathew Kidwell (Abu Dhabi-Project, Development & Finance), Iain Goalen (London-European Finance) and Iain Scoon (London-Tax); counsel Sam Whitaker (London-Executive Compensation & Employee Benefits) and Deborah Lincoln (London-Intellectual Property); associates Simon Cliff (London-M&A), Laura Rich (London-M&A), Emi Landan (London-M&A), Katarina Svitekova (London-M&A), Antonia Horrocks (London-Antitrust), Lucy Keeble (London-Property), Tersia Pillay (London-European Finance) and Will Smith (London-Tax); and trainee solicitors Josh Apeadu-Siaw (London-M&A), Holly Flavell (London-Executive Compensation & Employee Benefits) and Vikki Fabian (London-European Finance).