Africa-Related

The Ai Index Series Summit in association with NYSE Euronext, to be held on the 15th SEPTEMBER 2008 was launched to an unprecedented turnout of over 300 high level institutions, which included Coca Cola, JP Morgan, Credit Suisse, Morgan Stanley, Investec, Citibank and Merrill Lynch amongst others at its launch event on the 29^th of April at the New York Stock Exchange. The Launch demonstrated 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 & 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 NYSE. We have no doubt based on current interest in the Ai Index Series which tracks over $600billion of market capitalisation for Africa’s top performing 100 companies, the upcoming Summit will mark a historic partnership between Wall Street investors’ & Ai 100 constituent companies”.

Teresa Clark Ellis, Managing Director of Investment Banking, Goldman Sachs’s explained in the recently premiered Africa Investment Horizon film “Typically, one gets high returns where there is little information and little competition…The capital markets in Africa are a fraction of the size of the more developed markets…However in the last few years we’ve seen substantial returns outpacing those in the developed markets by a large measure”.

These amongst other issues will be discussed at the Ai Index series Summit in September at which Africa Investor (Ai) and the New York Stock Exchange (NYSE) Euronext have joined forces to host an Annual Ai Index Series Summit to facilitate the opportunities between Africa Investors best performing constituent companies & Wall Street & global emerging markets. The Summit aims to profile African companies and institutional investment opportunities to Wall Street.  The event will bring together Investment Banks, Security Houses, Investment/Asset Management Firms, Sovereign wealth Funds, Hedge Funds, Pension Funds, Exchanges, Brokers, Consultancy & Advisory Firms, and Regulators from Central Banks, International Regulators & Government Agencies.

Gregg Krowitz, Managing Director, Strategy/US International Listings, New York Stock Exchange opened the evening by saying “The NYSE has a 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.

About the Africa Investor Index

The Africa Investor Index Series Africa investor Research (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

Ai Index Series Awards

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:

http://www.africa-investor.com/awards/aiindexawards/index.htm

WHEN:             September 15^th 2008 - 8:00am - 6:00pm. A gala Dinner will follow.

WHERE:            New York Stock Exchange, 11 Wall Street, New York City

SPONSORS:      Oceanic Bank

CONTACT:        Jacquie Muhati +44 (0) 207 189 8318; jmuhat@africa-investor.com

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

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