PMC Treasury Opens in Asia Pacific

LONDON, June 18, 2010 - PMC Treasury is pleased to announce the opening of its Hong Kong office
and the appointment of Mark Bobek as Managing Director, Asia Pacific. A
complement to PMC's existing offices in London and New York, PMC's Hong Kong
office will provide the same independent and impartial corporate treasury
advice and practical support to corporate clients.

In the evolution of industry, first come the greenfield businesses,
followed by the banks and critical support services, then as commerce
matures, come the non-core but value-adding services such as corporate
treasury. Having witnessed a significant demand for corporate treasury advice
from Asia Pacific, PMC decided that Managing Director, Michael Pearce, would
spend several months based in Hong Kong travelling the region exploring the
potential for a permanent regional presence. "The increasing economic
importance of the region to PMC's existing client base makes a presence there
essential," he said. "Additionally and importantly, as new external capital
is sought by companies in the Region so will the suppliers of capital want to
know that companies have access to world-class corporate treasury advice."

FOR INFORMATION

PMC Treasury is a corporate treasury consultancy with twenty years'
experience of working with financial sponsors and company finance teams. With
offices in London, New York and Hong Kong, we work with companies
contemplating or going through strategic change. Our clients might be Private
Equity investors wanting to fully understand a target's treasury risks, or a
company raising new finance and requiring impartial advice on interest rate
management. That same company may need to consider its foreign exchange
and/or cash management and therefore require experienced and independent
advice.

www.pmctreasury.com

Karen Cozens, +44-(0)20-7759-9204, or Mark Bobek, +852-2901-2197