For Immediate Distribution – Monday, June 16, 2008

The Bahamas International Securities Exchange (BISX) is launching an innovative initiative with a targeted consortium of global financial services companies to create a new platform focused on unique opportunities in the international capital markets. This joint venture, named BISX GLOBAL, marries product development teams and investment product specialists from around the globe with one of the world’s leading financial jurisdictions.

BISX Global will capitalize on the increased benefits of independently priced and listed products in an environment that delivers significant tax and regulatory advantages. BISX Global will provide the right expertise and support to transform the Bahamas International Securities Exchange from a primarily domestically focused exchange into a premier meeting place for global products and international capital.

For more information on this venture, please contact:

Keith Davies

Chief Executive Officer

The Bahamas International Securities Exchange

Tel: (242) 394-2503

Fax: (242) 394-2504

e-mail: info@bisxbahamas.com