WORLD STOCK EXCHANGE HOSTS UNIQUE NEW OFFERING

Tuesday, May 22, 2007
WORLD STOCK EXCHANGE HOSTS UNIQUE NEW OFFERING

On Sunday, May 20 the World Stock Exchange (WSE) approved the issue of an initial public offering (IPO) for a new type of exchange traded security with the potential to bring SL stock investing within the reach of thousands of new investors. Known in finance circles as a “derivative”, the new vehicle, LEM Future Basket, offers investors the opportunity to participate in a portfolio of 6 WSE listed stocks in a single transaction. The 100,000 available shares are priced initially at L$10.00 and will trade under the symbol LFB once the IPO is fully subscribed. The term of the investment is one year.

The new security was developed by Lemur Invest (WSE/LEM), an investing and investment banking company. Designed for the investor with limited experience or interest in selecting and trading individual stocks, LFB shares pay a monthly dividend of 2% (26% APR) with the potential for an additional 4% per month based upon portfolio performance over each preceding month. In addition, the shares are capital protected and investors will receive 100% of their initial investment back in 1 year upon expiration of the shares.

“This product is designed for the average investor who may not have the skills to trade for himself or who prefers to minimize his investment risk through diversification,” said Lemur CEO Casper Trebuchet. “The initial offering is invested in WSE blue chip stocks such as Hope Capital Ltd (WSE/HCL), Allenvest Investment Capital (WSE/AIC) and Brautigan and Tuck Holdings (WSE/BNT). But we are already working on other products.” Asked to comment on the risks of investing in stocks on SL’s unregulated exchanges, Trebuchet added, “The WSE is very volatile at the moment, and we believe that products like ours will bring stability and transparency. LFB shares are well diversified and can be traded freely should an investor need to dispose of them early. I think the future for such products is bright and they will help to bring a higher level of professionalism to the markets.”

Lemur Invest (http://wselive.com/research/prospectus/58) provides investment banking services to SL companies, including loans, direct equity investment and business consulting. Lemur also invests directly for its own account in WSE listed companies and holds current assets of about L$4 million. The LEM Foundation, a non-profit organization devoted to financing environmental initiatives within SL, is supported by donations of 10% of profits from the investment company. LEM closed Monday at L$0.90 bid / L$1.11 asked in WSE trading.

Investors seeking more information about the LFB IPO should visit the World Stock Exchange IPO page at http://www.wselive.com/offers.

- Connie McMahon/SL-NEWSPAPER.COM