Make My Trip Advisor

Date: 6 November 2007
IFB No: MTCA/PCI-OB/2007

1. The Government of Maldives, represented by the Ministry of Tourism and Civil Aviation
(“the Ministry”), hereby announces the development of Tourist Resorts with 200 (two
hundred) beds each on the following Island:
a) Eththigili, Raa Atoll
b) Vakkaru, Baa Atoll
c) Falhumaafushi, Gaafu Alifu Atoll

2. The Ministry now invites sealed Bids from eligible Bidders for the lease and development
of the islands as Tourist Resorts.

3. The islands will be leased for a period of 25 (twenty-five) years pursuant to section 8 of
the Law on Tourism (Law No. 2/99). Extension of lease the period will apply pursuant to
section 9 of the Law on Tourism (Law No. 2/99).

4. Interested parties may obtain further information, inspect and purchase the Bidding
Documents from the 06th Day of November 2007 up to the 27th Day of November 2007 at
the following address:
Ministry of Tourism and Civil Aviation
1st Floor, Ghazee Building
Ameer Ahmed Magu
Male’, Republic of Maldives
Telephone: +(960) 332 3224
Facsimile: +(960) 332 2512
Email: info@maldivestourism.gov.mv
Website: http://www.tourism.gov.mv

5. A complete set of Bidding Documents may be purchased on submission of an application
form to the address in IFB Clause 4.

6. The application form can be collected from the Ministry or can be downloaded from the
website of the Ministry (www.tourism.gov.mv). The price of a set of Bidding Documents
for Maldivian individuals or companies/partnerships registered in the Republic of
Maldives with 100% Maldivian ownership shall be MRf 2000 (Two Thousand Maldivian
Rufiyaa). The price of a set of Bidding Documents for foreign parties shall be US$ 300
(Three Hundred United States Dollars) which includes the cost of courier mailing.

7. The application form shall be accompanied by:
a) Documentary evidence (Power of Attorney) stating that the person signing the Bid
has been duly authorized to bind the Bidder. (This shall not be applicable to
individual Bidders signing their own application forms and their own Bids).
b) Documentary evidence of person or legal entity. (Copy of national identity card or
passport for individuals, or a copy of registration certificate for companies and
partnerships).
c) Payment for the Bidding Documents as specified in Clause 6 of the IFB.

8. Upon payment for Bidding documents, a receipt shall be issued which shall include the
Bid serial number.

9. The Bidding Documents and the Bid serial numbers are non-transferable.

10. Each Bidder shall submit only one Bid for each Island.

11. A pre-bid meeting to provide information for interested parties shall be held at 1300 hrs
on Sunday, 19th November 2007. The venue for the meeting shall be announced at a later
date.

12. Bids must be delivered before 1300 hrs on Tuesday, 28th November 2007 to the address
in IFB Clause 4 or any other venue that the Ministry may announce.

13. Bids will be opened in the presence of Bidders or their representatives who choose to
attend the event at 1300 hrs on Tuesday, 28th November 2007 at the office of the Ministry
or at any other venue that the Ministry may announce.

14. The venue for the events pursuant to IFB Clause 11, 12 and 13 will be announced through
the print and electronic media and posted on the website of the Ministry. No further
notification of the time, date and/or the venue for the events will be issued by the
Ministry.