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FTSE Mondo Visione Exchanges Index:

A New Warsaw Stock Exchange IPO Partner From Ukraine

Date 22/05/2007

Kiev-based Concorde Capital LLC has signed a co-operation agreement with the Warsaw Stock Exchange under the WSE IPO Partner Programme aimed to attract foreign companies to the Warsaw exchange. Concorde Capital is the 8th WSE IPO Partner.

Concorde Capital LLC is a leading integrated financial services provider in Ukraine, including M&A advice and service, IPO assistance, and brokerage consulting. The company has a large analytical department which publishes numerous reports on the Ukrainian capital market.

Concorde Capital is a leading (in terms of trading volume) PFTS Exchange Member.

For more information on Concorde Capital, please visit www.concorde.com.ua

The WSE IPO Partner Programme, launched in the autumn of 2006, is designed to ensure the support of WSE Partners – foreign brokerage houses – for WSE promotion on foreign markets. The agreements with brokerage and investment service companies are designed to attract, in a direct and indirect manner, companies established outside of Poland.

Under the agreement, WSE Partners receive a special logo which they may use in approaching prospective issuers as well as the possibility to include information on their WSE-authorised partner status in their correspondence and documents. The IPO Partners benefit, furthermore, from WSE assistance, publications and through active participation in various promotional events.

The current list of WSE IPO Partners include: E-Volution Capital, Altera Finance, Sokrat Capital, and Millennium Capital of Ukraine, Suprema Securities and Hansabank of Estonia (operating in the Baltic states and Russia), as well as Wood & Company of the Czech Republic.