Thomson Extel Surveys Recognizes Concorde Capital Analytical Team as Best in Ukraine

Investment bank Concorde Capital (www.concorde.com.ua) was named
the top analytical team covering Ukraine by Thomson Extel's Pan
European Survey 2007, in addition to several accolades for individual
analysts, according to results announced today.

According to the Pan European Survey 2007, Concorde Capital
received 38.87% of the votes for Top Brokerage Firm - Emerging Markets
Research - Ukraine, with the next closest firm receiving 21.33%.

Concorde Capital finished in the top 25 Pan-European brokerages in
the European Emerging Markets at 11th place, the second highest
ranking among brokerage firms in the former Soviet Union. First place
went to Deutsche Bank, second - ING Equity Markets, third - UBS.

Concorde Capital was also recognized for its individual analysts,
namely Senior Analyst Alexander Paraschiy, who was cited as the
Leading Pan-European Investment Analyst - European Emerging Markets,
with 3.55% of the votes. Paraschiy finished ahead of analysts from
global giants ING Equity Markets, JPMorgan, UBS and Deutsche Bank. In
all, three out of the top ten European emerging market investment
analysts were from Concorde Capital. Andriy Gostik came in 9th place
with 1.96% of votes and Vladimir Nesterenko was third with 1.95%.

Paraschiy also won the award for Top Investment Analyst covering
Ukraine, as Concorde Capital's research team swept the top three
places. Paraschiy claimed 31.65% of votes, second place went to Gostik
(17.73%) and third place to Nesterenko (17.58%).

This is the first year Ukraine was included in Thomson Extel's
Pan-European Survey. The winners were announced on June 14, 2007 at a
ceremony in London.

The results are available online at www.extelsurveys.com.

Thomson Extel Surveys is the leading, authoritative organization
that ranks investment market participants. All information, voting
results and methodology are verified and confirmed by independent
specialists. Since 2000, Deloitte has been offering independent
verification of the results.

Concorde Capital is a full-service investment bank offering
services in Ukraine, Russia and other CIS financial markets. In the
first five months of 2007, Concorde Capital attracted over UAH 2
billion in investments for Ukrainian companies. In 2006, it raised UAH
1 billion.