Listing procedure initiated for IPAS “Parex Asset Management” open-ended fund investment certificates

Riga Stock Exchange on April 28, 2008 received an application from IPAS “Parex
Asset Management” requesting the investment certificates of open-ended “Parex
Ukrainian Equity Fund” to be listed on RSE Fund list. 

The RSE Management Board's resolution on listing will be made public
immediately after it has been made. 


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