PRESS RELEASE

Africa investor and NYSE Euronext launched partnership to assembly of investors at Euronext Paris

London 24 June 2008. Africa investor, in association with NYSE Euronext, is to present the Ai Index Series Summit to global investors at Palais Brongniart in Paris, on July 1st at 5:30 pm. The Ai Index Series Summit in association with NYSE Euronext is to be held on the 15th September 2008 and anticipates participation from high level institutions, such as Coca Cola, JP Morgan, Credit Suisse, Morgan Stanley, Investec, Citibank and Merrill Lynch, all of whom attended the launch of the summit on the 29th April at the New York Stock Exchange. The launch demonstrates the high interest from global emerging market investors in Africa's vibrant capital Markets, which have consistently delivered high returns despite the global market downturn.

Allan Kamau, Managing Director, Africa Investor said "We are very pleased by the high level and escalating interest in the Africa Investor Investable Index Series and anticipate an even higher turnout at the Ai Index series Summit on 15th September at the NYSE. We have no doubt that  based on current interest in the Ai Index Series, which tracks over $600billion of market capitalization for Africa's top performing 100 companies, this event will mark a historic partnership between Wall Street investors' & Ai 100 constituent companies".

The Summit is designed to facilitate opportunities between Africa Investor's best performing Index constituent companies, Wall Street & global emerging market investors. Speakers and guests will include Investment Banks, Securities Houses, Asset Management Firms, Sovereign Wealth Funds, Hedge Funds, Pension Funds, SRI Investors, African companies and Exchanges, Brokers, Capital Market Regulators and Central Banks Governors.

Gregg Krowitz, Managing Director, Strategy/US International Listings, New York Stock Exchange opened the evening by saying "The NYSE has longstanding support for Africa and proudly hosted Nelson Mandela in 2002. We are pleased to be partnering with Africa Investor in hosting the Ai Index Series Summit & Awards in September to help raise the profile of African businesses on Wall Street"

The Ai Index Series Summit is sponsored by Oceanic Bank and the NEPAD Business Group. The Summit will facilitate one-on-one issuer investor meetings to enable institutional investors to intimately meet African companies, discuss latest trends in corporate governance, high growth opportunities and the next wave of African securities and IPO's. A high-level of participation is expected from the CEO's of Africa Investor's Index constituents.

In addition as an international showcase of Africa's growing capital markets opportunities, Africa Investor will host its prestigious Annual Ai Index Series Awards at an exclusive invitation only gala ceremony the evening of the 15th September at the NYSE.

Note to editors

About the Africa investor Index Series Summit in association with the NYSE Euronext

WHEN: September 15th 2008 - 8:00am - 6:00pm. Ai Index Series Awards Gala Dinner will follow.
WHERE: New York Stock Exchange, 11 Wall Street, New York City
SPONSORS: Oceanic Bank, NEPAD Business Group
CONTACT: Jacquie Muhati on jmuhati@africa-investor.com

For more information and to view the preview, please visit www.africa-investor.com

About the Africa Investor Index Series

The Africa Investor (Ai) is Africa's foremost provider of indices. It supplies investors with the independent benchmarks they need to feel more confident about their investment and strategic decisions. Ai produces weekly, value-traded adjusted, market capitalization-weighted indices. It's Ai100 and Ai 40 Investors indexes capture the top 40 and 100 of the largest and most liquid publicly traded stocks across Africa ranking them by market capitalization and by liquidity as measured by the average daily value traded in US Dollars. For more information visit: http:// www.africa-investor.com/indexseries.asp

About the Africa investor Index Series Awards 2008

At this exclusive invitation only Gala dinner, Africa investor will also host the 2008 Index Series Awards on the evening of the Summit day at the NYSE. Based around the Ai Index Series these awards recognise Africa's best performing stock exchanges, listed companies, investment banks, research teams and fund managers. Join us on the 15th of September at the NYSE where the winners of the 2008 Ai Index Series Awards will be announced at a gala ceremony. For more information visit: