Tehran Stock Exchange Corporation Financial Results - Audited: Year Ended March 19th, 2008

Tehran Stock Exchange Corporation witnessed USD 12.8 million total operating revenues, including:

• USD 7.2 million: trading commission fees
• USD 3.4 million: brokerage fees
• USD 1.8 million: listing fees
• USD 0.4 million: rent revenue

TSE generated USD 8.9 million as total profit before tax during the above period and its net profit reached USD 7.4 million.