Platinum Partners

The Warsaw Stock Exchange is one of the most advanced markets in Central Europe in terms of capitalisation, trading, number and types of listed instruments, as well as organizational and technical solutions used. Trading on the Warsaw Stock Exchange is order-driven and fully electronic. The Warsaw Stock Exchange offers both cash and derivative products under one roof. Current WSE cash products’ list includes: shares, bonds, subscription rights, allotment certificates, investment certificates. WSE derivatives market is one of the most promising in Europe, with futures, options, index participation units. On the WSE also structured products based on foreign indices, share baskets and commodities (crude oil, gold and agricultural products) are available for trading.

Today the Warsaw Stock Exchange conducts trading in financial instruments on two markets. On the WSE Main List (regulated market) 373 companies are listed, including 25 foreign ones, with the total market capitalization around PLN 413 bn (app. EUR 90 bn - as of February 13, 2009). In 2008 the trading value exceeded PLN 331billion (EUR 95 bn), with the average daily turnover around PLN 1.3 bn (EUR 370 m.). 30 domestic companies, along with 3 foreign ones debuted on the WSE Main List in 2008. The total value of their IPOs amounted to PLN 9,4 bn EUR 2.7 bn), out of which PLN 3.7 bn it was the value of new issues of shares. This year brought again a wave of falls in indices on financial markets all over the world and the Warsaw Stock Exchange has been suffering the same. Since the beginning of the year 2009, another 2 companies debuted on the WSE Main List (as of February 13). One of those companies moved from NewConnect.

NewConnect (an alternative trading system), which was launched in August 2007, was designed for fast growing small and mid-size companies, intended as the first step to a flotation on the regulated market. This trading platform gives companies the opportunity to use their potential, and in the result growth development and “promotion” to the WSE Main List. In 2008, 61 companies raising in total PLN over 180 m. (Eur 51m.) from the offers, have used this opportunity.

The WSE may already be considered as an international market. The largest companies in the CEE region decided to list on the WSE. Foreign investors account for approximately one third of the Exchange’s equity turnover and constitute an important shareholder group in WSE-listed companies. The presence of 17 remote members (these include world famous investment companies operating globally) on the Warsaw Stock Exchange strengthens additionally its international status. The Warsaw Stock Exchange has a good reputation among not only Polish but also foreign investors, financial institutions and issuers. The growth of the WSE is facilitated by its modern infrastructure, typical of a mature market, as well as a legal infrastructure in full compliance with EU standards.

To create a new quality in communication on the capital market, the WSE provides the best possible access to market information, by introducing and upgrading its market data platforms such as: www.wse.com.pl, www.newconnect.pl, www.WSEInfoSpace.eu and www.wseinternational.eu.

The internationalization of the Polish stock exchange market is the key goal of the Stock Exchange in Warsaw, included in the strategic plan for the years to come. The WSE signed a number of memorandum of cooperation with foreign exchanges and became a shareholder in the Romanian Sibex currency and derivatives exchange. Last year the WSE acquired of a stake in Ukrainian exchange INNEX, as well as opened its Rep Office in Kiev. The Warsaw Stock Exchange intends to become the financial centre in the region of Central and Eastern Europe and an entity, which will actively participate in the creation of its future shape. Such aspirations are justified by the present position of the WSE and by the potential of financial and business organizations, which operate around the Polish stock exchange. This intention will be possible to pursue only through equal and respectful relations with foreign partners. Only then will it be beneficial for capital markets in the CEE region, including for the Warsaw Stock Exchange.

MCI Management
Emilii Plater 53 | 00-113 Warszawa
+48 22 540 73 80
+48 22 540 73 81
www.mci.eu

The leading Private Equity group in Central Europe managing Venture Capital and Private Equity funds, including the following funds: MCI.TechVentures 1.0, MCI.BioVentures 1.0, MCI.EuroVentures 1.0 and HelixVentures Partners FIZ.

MCI Management SA specializes in investments within the region of Central and Eastern Europe in innovative companies operating in the following sectors: TMT, Financial Services, Medical Services and Biotechnology/Lifescience.

Since February 2001 MCI is listed on the Warsaw Stock Exchange.

The MCI Group executed a total 35 investments and executed 13 full and 7 partial exits.

The MCI portfolio includes:

• ABC Data - largest distributor of IT equipment in Central-Eastern Europe
• Bankier.pl - financial portal
• Belysio - mobile community networks
• Digital Avenue - digital entertainment distribution
• DomZdrowia.pl - online pharmacy
• Formed - network of medical clinics in the medium price range
  
• Geewa (CZ) - portal offering free, simple online games
• Genomed.pl - medical diagnostics
• Grupa Lew - electronic sales network operator
• Intymna.pl - e-commerce / online lingerie store
• Invia (CZ) - e-travel
• NaviExpert - personal navigation solutions supplier
• Nexcom (BG) - an alternative telecommunications provider, operating on WiMax technology
• NetPress - e-press
• Nostromo (CZ) - entertainment and mobile content supplier
• One2One - mobile solutions integrator
• Retail Info (CZ) - price comparer, aggregation of promotion of big retail chains
• S4E - mass storage solutions supplier
• Telecom Media - mobile content distributor
• Travelplanet.pl - online travel agency
• Web² - social networks for Web 2.0
• 24med - on-call paramedic and emergency medical services