NEW MASTER FRANCHISE AGREEMENT FOR THE AL MANA GROUP

The new 10 year Master Franchise agreement signed between the Al Mana Group and Groupe GO Sport, now extends to Saudi Arabia, the UAE, Qatar, Kuwait, Oman and Bahrain for both GO Sport and Courir stores.

This agreement includes the development of a minimum of 23 GO Sport stores and 17 Courir stores in the different countries across the Middle East.

The Al Mana Group has established 9 stores across Qatar, the UAE and Oman (7 GO Sport stores and 2 Courir stores). The flag ship stores being in Villaggio Mall in Doha and in The Dubai Mall in Dubai.

Wissam Al Mana, Executive Director of Al Mana Group, said: “We are very pleased with the extension of this agreement, as it enables us to offer a choice of international brands, via an innovative concept and quality stores, which meet the needs of the Middle East customer”.

John Paul Onillon, Chairman of Group GO Sport Board, said: “We look forward to our continued collaboration with the Al Mana Group as this will strengthen our brand presence in the Gulf countries and increase our global reach”.

About Al Mana:

The Al Mana Group operates in the automotive real estate, shopping centres, contract, luxury, retail catering and media. It achieves a turnover of 1.5 billion

About Groupe GO Sport:

Specializes in the distribution of sporting goods, and is one of the main groups of sport goods retailers in France and Poland, under GO Sport and Courir banners.