The Nordic Exchange welcomes Black Earth Farming - the largest company at First North

Friday 28th December Black Earth Farming will be listed on First North in       
Stockholm. Black Earth Farming will be the largest company listed on First North
with a market value close to 6 billion SEK. It is the 55th listing in 2007 on   
First North, the second largest alternative market in Europe now with 126       
companies.
                                                                      
Black Earth Farming Ltd is a leading farming and land owning company operating  
in Russia. It acquires, owns and cultivates agricultural land assets primarily  
in the fertile Black Earth region in southwest Russia.
                          
The Black Earth Region is endowed with what perhaps is the world's most fertile 
soil. Black Earth Farming was among the first foreign financed companies to make
substantial investments in Russian agricultural land assets to exploit the large
untapped potential. Because of its early establishment, Black Earth Farming has 
now gained a strong market position in several Russian regions, richly endowed  
with black earth soil.
                                                          
”We are pleased that Black Earth Farming has chosen First North as the market   
place of choice for their new issue, in competition with other European market  
places”, says Jenny Rosberg President of Company Services at OMX. “Black Earth  
Farming has raised 1.6 billion SEK and we see this as a confirmation that First 
North is an optimal venue for both large and small companies to raise capital   
for their continued growth. Welcome!” 
                                          
A round lot of Swedish depository receipts in Black Earth Farming Ltd, whose    
short name will be BEF, amounts to 100, and it belongs to the Consumer Staples  
sector.                                                                         

For more information, please contact                                            

Maria Andark, Media relations, OMX 			+46 8 405 73 74                           


About OMX | OMX is a leading expert in the exchange industry. The OMX Nordic    
Exchange comprises over 800 companies including its alternative market First    
North. OMX provides technology to over 60 exchanges, clearing organizations and 
central securities depositories in over 50 countries. The Nordic Exchange is not
a legal entity but describes the common offering from OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. OMX is a Nordic     
Large Cap company in the Financials sector on the OMX Nordic Exchange. For more 
information, please visit www.omxgroup.com.