In reference to the recent statement made by Mr Petr Koblic, CEO of the Prague Stock Exchange, in Czech media on 24 September, Mr Sobolewski, CEO and President of the Warsaw Stock Exchange, issues the following statement:
"There is a simple comment to the statement made by BCPP's CEO about the WSE as a potential investor. The remarks are really ridiculous. I am wondering what kind of pressure is felt by Mr Petr Koblic, BCCP's CEO, when he predicts that the WSE will bring the Prague bourse into a situation when it could cease to exist. These remarks quite surprisingly remind us that having necessary qualifications for managing the affairs of a stock exchange is one of the factors of the development of any capital market."