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NYSE Euronextís Alternext Welcomes China Corn Oil
-- First Chinese Company on Alternext --

Paris , March 25, 2008 – NYSE Euronext’s Alternext today welcomed its first Chinese company with the initial listing in Paris of China Corn Oil, the largest specialist producer and exporter of edible corn oil in China . China Corn Oil raised €5 million through a private placement, allowing it to use the direct admission procedure on Alternext.

To celebrate the occasion, a listing ceremony took place in Paris with the presence of China Corn Oil CEO Wang Mingxing and NYSE Euronext Deputy CEO Jean-François Théodore as well as company executives and senior government officials.

“We are very pleased to welcome China Corn Oil, the first Chinese company on Alternext, and applaud its decision to have chosen our market for its initial and main listing,” said Jean-François Théodore, Deputy CEO of NYSE Euronext. “This success bears out the global strategy towards international listings we set up two years ago and the superior services, market quality and brand visibility provided by listing on NYSE Euronext markets.”

“The listing of China Corn Oil on the Alternext market of NYSE Euronext will give us a highly visible global presence that will benefit our company as well as our clients and shareholders”, commented Wang Mingxing, CEO of China Corn Oil. “We are delighted with the success of this operation and want to thank every qualified investor that placed their trust on our company and acknowledged our high growth potential. Our objective is now to double our production capacity and meet with the very strong demands of our domestic market.”

“We are delighted that China Corn Oil has successfully listed on Alternext. This introduction of a Chinese company is the result of a strategy put in place over an 18 month period. We are committed to bringing other Chinese companies to the market with the support and expertise of our specialist team members and expect therefore, that there will be a growing number of new opportunities for investors”, said the management of Invest Securities Marc-Antoine Guillen and Jean-Emmanuel Vernay, acting as listing sponsor of China Corn Oil.

China Corn Oil has been advised by the law firm Taylor Wessing and chose Invest Securities as listing sponsor, a Euronext-recognised and approved intermediary. Invest Securities’s role was to help and advise China Corn oil to prepare for its Alternext listing. Invest Securites will carry on providing China Corn Oil with its expertise in order to support and guide them throughout their life as a listed company, making sure they comply with disclosure requirements.

China Corn Oil’s capital is now made up of 4,286,264 shares including 6% of free float, 15.2% held by investment funds and 78.8% held by the Shandong Sanxing Group, China Corn Oil’s parent company, specialized manufacturer of corn milling machinery.

With today’s listing of China Corn Oil, Alternext now counts 121 listed companies, 7 of them from outside the Euronext area. Together, they have raised over €1.6 billion[1]  and their total market capitalization stands at €5 billion.

NYSE Euronext now has 58 companies listed from the Greater China Region, including 44 from Mainland China , 9 from Hong Kong , and 5 from Taiwan . The total global market capitalization of the 44 NYSE Euronext-listed Chinese companies from the mainland is $1.5 trillion, and for the 58 companies from greater China , $1.6 trillion.

[1]  Including funds raised on the secondary market through capital increases and issuance of equity warrants, convertible bonds, etc.

For more information:

NYSE Euronext (Paris)

Media Relations,

Tel : 33 (0)1 49 27 11 33

www.alternext.com

 

 

Invest Securities

Olivier Claret

Tel : 33 (0)1 44 88 77 88

oclaret@invest-securities.com

 

 

 

 

China Corn Oil

Huang Da – Secretary of the Board

e-mail : huang_da_2000@163.com

 

 

Ezra Communication

Nicole Roffé

Mobile: + 33 (0)6 60 06 16 45

e-mail : nroffe@ezracom.eu

 

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About China Corn Oil

China Corn Oil is the largest specialist producer and exporter of edible corn oil in China , the second major producer worldwide after the USA . Based in the Shandong province, China Corn oil is located within the very heart of the main corn production region of China . This location confers a real strategic advantage on the Company in terms of geographic proximity with suppliers and with the Quingdao harbour, second major port after Shanghai . China Corn Oil currently has a production capacity a total of 100,000 tons, and supplies more than 35% of the edible corn oil on sale in China ’s domestic market. Moreover China Corn Oil is the only Chinese producer to benefit from a high recognition brand name: “Longevity Flower”. With around 330 people in 2007, China Corn Oil’s turnover should amount to €60 million with a net result of €6million. For more information about China Corn Oil, please visit www.chinacornoil.com

About NYSE Euronext

NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation.  Its family of exchanges, located in six countries, include the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms.  NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions.

NYSE Euronext's nearly 4,000 listed companies represent a combined $30.5 trillion/€20.9 trillion in total global market capitalization (as of Dec. 31, 2007 ), more than four times that of any other exchange group.  NYSE Euronext's equity exchanges transact an average daily trading value of approximately $141 billion/€103 billion (as of Dec. 31, 2007 ), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information about NYSE Euronext, please visit www.nyx.com.

 

About Invest Securities

INVEST SECURITIES is an independent financial services company, and a full investment banking services provider that operates through two specialised entities : a Stockbroker, recognised as an Investment Services Provider (PSI) by the “ Banque de France” and the A.M.F. (Financial Market Authorities) and a member of NYSE Euronext, and a corporate services company dedicated to financial engineering for Small and Midcaps, which is also a EURONEXT ‘listing sponsor’, an AMF authorised ‘independent expert’, a recognized Equity Capital Markets and M&A transaction specialist. INVEST SECURITIES achieved 29 IPOs since July 2004 and raised more than 300 M€ for the year 2007. For more information about INVEST SECURITIES, please visit www.invest

Contact: Christiaan Brakman
Phone: 212-656-2094
Email:  cbrakman@nyx.com