NAV - update/business strategy of LEM Invest

The shares retook again and our NAV rose to 0.68 driven mainly by the WSE but also because of earnings from our consultancy work.

Some further information about our business strategy:

As LEM Invest we are committed to sustainable development. However, that doesn't mean that we would only in vest into so called "green" business like alternative energy or recycling technologies etc. Such business is not always profitable and often operates in markets which are volatil because of regulations of the state. Our first preoppucation as investment company is to generate profits to our shareholders but with respect to sustainable development.

We understand sustainable development as it is defined by the UN

development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Logically we will mainly invest in companies whose business strategy reflect such a development.

LEM EQS Inc. is delivering environmental certificates to companies after they went through a rigorous auditing procedure- The certificate proves that they have a sustainable business strategy . LEM EQS is a subsidiary of LEM Invest but operates independently. LEM Invest is actually in the auditing phase. We hope to get the EQS-certificate soon. We then would be the first company in SL with a EQS certificate.

LEM Invest is sponsoring LEM Foundation which is financing environmental projects. We will suggest to LEM Foundation to use part of the fund to financially support the certification procedure.

NAV - update

Our portfolio was also hit by the latest struggle at the WSE. Nevertheless, our NAV rose to 0.62 / share driven through not WSE activities.

LEM Environmental Quality Systems (EQS)

LEM EQS Inc. is the only company in SL which delivers Environmental certificates (EQS). EQS qualifies a company to respect nature and its environment in SL. Each company can obtain the EQS certificate if it undergoes our auditing successfully.

For the auditing LEM EQS needs your buisness plan. After having evaluated it we invite you to defend your project in front of our experienced board.

Certificates are reevaluated annually.

For for more information please contact
Tigranes Serdyuk

NAV - update

The reopening of the WCE affected our portfolio and its NAV climbed up to 0.6 $L /share.

Actually we have 90% of our capital invested in companies registered on the main board of the WCE. Major holdings include HCL, GCS, DDE, AMS, RDX.

The money from the IPO, we hopefully will get, will directly flow into promising SL projects we are in train to investigate.

LEM Foundation

Hello

Today we created the group "LEM Foundation" inside SL.

The aim of the LEM Foundation is to support financially environmental projects and initiatives in SL and RL.

Actually we study to sponsor different projects in the field of climate change, CO2-Reduction and Alternative Energy.

Membership and sponsoring is open to everybody. Shareholders of LEM Invest get voting power. LEM foundation is subsided by LEM Invest Corp.

The offices of LEM Foundation can be found at "Saya Sakai Inc. Mall, Evalua (182, 8, 39)". But if you have any questions then just IM me your request or question and I will come back on you as soon as possible.

Become member of our group LEM Foundation and support our initiative to contribute to safe our planet.

Have a good time
Casper Trebuchet

NAV per share

WCE stopped all ongoing IPO's for the moment. As a matter of fact we decided to go ahead with our company with IPO or without.

In order to calculate a performance for our portfolio we use the status of our company of March 7, 2007 as a reference. The initial stock stock capital of our LEM is 600000 $L which is divided into 1500000 shares with a nominal value of 0.4 $L per share. For the IPO we will release an additional 1500000 shares for the public.

Since the beginning of March 7 our assets grew up to 850000 $L mainly invested on the WCE. Major position includes HCL, DDE, GCS, YEP, AMS. The calculated NAV per share increased from 0.4 to 0.55 $L or approximately 30%.

We expect that the value of our portfolio will increase another 20% by the end of April.