Palestine Capital Markets Day in London Opens 24th of June 2011 at the London Stock Exchange (LSE)

RAMALLAH, Palestine, June 20, 2011 -

The Palestine Exchange (PEX) announced today that it will bring
PEX select listed companies to present their investment promise to
UK investors during the Palestine Capital Markets Day at the London
Stock Exchange (LSE) on June 24^th, 2011. PEX will also
present investment opportunities in the exchange as well as a
presentation on opportunities in the Palestine economy and for
international investors by Dr. Mohammad Mustafa, Economic Adviser
to President Mahmoud Abbas & Chairman of the Palestine
Investment Fund. The day will also include networking one on one
meetings with UK fund managers and analysts. The Palestine Capital
Markets Day is organized by the Palestine Exchange (PEX) in
partnership with LSE and is sponsored by Paltel Group.

Ahmad Aweidah, CEO of PEX, said that the upcoming Palestine
Capital Markets Day at the LSE comes at a time when the PEX has
just announced positive milestone results for 2010 in comparison to
other Arab Exchanges. Aweidah indicated that 2010 saw the most
generous dividend distribution responding to the outstanding
performance of many PEX listed companies, (35) out of (46)
companies were profitable in 2010. “The PEX is one of the most
rewarding exchanges in the region in terms of return on investment.
Dividends in 2010 exceeded 152m USD, with an average return on
investment of 13.6%. Today we have an attractive valuation of
listed stocks on PEX where half are trading below their book
values” Aweidah stated.

“The Al-Quds Index led all Arab markets’ indices as at 31 May
2011 where it closed up by 1.88% compared to the close of 2010. Up
until 19 June 2011, it remains the best performing among Arab
exchange indices. So we continue to represent an untapped
investment opportunity in comparison with the region,” Aweidah
concluded.

Among the listed Companies participating in the Palestine
Capital Market day at LSE are:  Palestine Telecommunications
(Paltel); Palestine Development & Investment (Padico); Bank of
Palestine (BoP); Wataniya Mobile (Wataniya); in addition to the
Rasmala Palestine Equity Fund; Palestine Capital Market Authority
and the Palestine Exchange (PEX) itself.

For more information contact:
Claire Fargeot , IR Partner, Buchanan Communications
Tel: +44(0)20-7466-5000 , Email: href="mailto:ir@buchanan.uk.com">ir@buchanan.uk.com  
 
Or visit www.pex.ps

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