Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Comdaq Signs Contract With Nepal Stock Exchange

Date 06/11/2006

Following analysis of competitive bids internationally, the Nepal Stock Exchange has signed contracts for the provision of the Comdaq Computerised Trading System to replace their open outcry system. The bid process was managed by Aries Consultancy and financial support is being provided by the Asian Development Bank.

The adoption of Comdaq's technology will allow NEPSE to provide a superior service level to investors, issuers and their intermediaries, whilst at the same time increasing their visibility and access to the international market.