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FTSE Mondo Visione Exchanges Index:

Tehran Stock Exchange New Managing Director

Date 18/11/2008

Tehran Stock Exchange Corporation (TSE) is to publicly announce the appointment of Mr. Hasan Ghalibaf Asl as its new Managing Director, instead of Mr. Ali Rahmani, who was the first TSE's Managing Director since the Exchange demutualization in 2006.

Owing to the termination of the former board's term, the new board of directors, in the meeting on 17 November 2008 also appointed Mr. Mohammad Hashem Botshekan, and Mr. Mohammad Reza Rahbar, respectively as TSE's new Chairman and Vice Chairman.