Saturday, June 9, 2007

LFB - ... on the board now

LEM decided to took a major part in LFB instead of reducing the outstanding shares. In consequence LFB is now traded on the main board of WSE.

As our reference basket lost > than 20% within one week we had to adopt its value.

The share prices at approximately 10pm SLT of today, June 9, were the following: (weight in bracket)

HCL (10) = 2.75 => 27.5
BNT (10) = 0.99 => 9.9
AIC (10) = 1.20 => 12.0
RDX (10) = 2.00 => 20.0
SLM (2) = 0.98 => 1.96
AMA (2) = 1.14 => 2.28
========================
Sum = 73.76 = reference value of basket

Basket values will be published in our blog ( http://lemurinvest.blogspot.com ) from now on weekly, the first time on June 10 at 10pm SLT.

First dividend will be paid on July 10, 2007.

LEM want to thank WSE for their openness to bring such a product on the board. it will be first real derivate in SL and if successful we think that others may follow. The majority of WSE'poeople were quite open with their criticism and we heard things like this is completely nuts to very interesting idea. The future will show who was right. FOr us the whole business is not without risks, but risks we can handle.

We hope that such derivatives will help to motivate new avatars to join the SL stock exchange family and bring the markets to maturity.

Thank you very much for your support and interest and we will try to do our best in order to achieve a maximum dividend for our shareholders.

If you have any questions then please contact me by IM. I will then answer asap.

Greetz

Casper Trebuchet

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