Tehran Stock Exchange Corporation Financial Results (Audited - Year Ended March 20th, 2009

Tehran Stock Exchange Corporation witnessed USD 13.9 million total operating revenues, including:

• USD 8.7 million: trading commission fees
• USD 2.9 million: brokerage fees
• USD 1.7 million: listing fees
• USD 0.9 million: rent revenue

During this Period, TSE generated USD 6.2 million as total profit before tax during the above period and its net profit reached USD 5.09 million.