Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

The First Iranian OTC Stock Corporation Established

Date 09/08/2008

Foundation assembly of The First OTC Stock Market Corporation was held on the 7th August in Tehran and elected the 7- member board of directors. Securities and Exchange High Council as highest supervisory authority approved to launch the first national over-thecounter(OTC) stock exchange in the Iranian capital market.

Commercial banks, holding companies, financial intermediaries and Tehran Stock Exchange (20 percent) are the major Shareholders of this corporation.