The Palestine Securities Exchange (PSE) and Leading Palestinian Listed Companies Aim to Attract Investment Opportunities During a London Road Show in March 2010

NABLUS, Palestine, February 9 - The Palestine Securities Exchange (PSE) announced its upcoming
road show to take place in London on 18-19 March 2010. The road show is a
series of high level networking events in cooperation with British
counterparties. The mission is supported by the office of the Quartet
Representative, RH Tony Blair and in cooperation with the Portland Trust and
the Palestine Britain Business Council (PBBC) in UK.

The road show hopes to expose UK investors, investment funds
and fund managers in addition to the business and Palestinian Diaspora
community in London to promising investment opportunities in Palestine.

The road show comes in partnership with the PALTEL Group. The
Palestinian delegation to the UK will be comprised of senior executives from
the Palestine Capital Markets Authority (PCMA), PSE member brokerage
companies, PSE listed companies, the Palestine Investment Fund (PIF) and The
Palestine Investment Promotion Agency (PIPA).

The road show will also help unveil investment prospects in
Palestine that are not known to UK investors. The PSE Chief Executive
Officer, Ahmad Aweidah stressed the importance of the London road show by
showcasing the growth rates of the PSE compared to other markets. Aweidah
stated that despite the global financial crisis and political instability,
listed companies have exhibited healthy growth rates in 2009. He added " in
2009, the PSE recovered from the impact of the global financial crisis with
good performance relative to other MENA countries: The Al-Quds index
increased by 11.62% by the end of 2009. Aweidah confirmed that the PSE is
financially sound, and well capitalized to maintain a steady business in a
volatile world.

Paltel Group CEO, Ammar Aker stated, "We are coming to London
to provide investors with an opportunity to invest in a company that is
healthy with growing revenues and operating profitability. Being the largest
listed Company on the PSE in terms of market capitalization, Paltel offers a
return pattern that fits income and growth oriented investors. During 2009,
Paltel provided a total return of 18%, 9% in the form of dividend yield and
9% in the form of price appreciation. These returns are accompanied with high
liquidity that investors look for. Our stock performance is supported by
strong fundamentals that reflect our sound business model and management
practices. During the period from 2003 to 2008, the revenues, EBITDA, EBIT,
Net Income and EPS have grown by a CAGR of 23%,26%, 36%, 51%, 32%,
respectively. The growth and profitability of the company has gone hand in
hand. The return on equity (ROE) in 2008 is 26.8% and return on assets (ROA)
is 19.3%. We collectively, via this mission will offer an added value
investment to attract our UK interlocutors."

This is the second PSE road show outside Palestine. In 2009,
the PSE headed to Chile, a country with a sizable and influential Palestinian
Diaspora with significant means.

About Palestine Securities Exchange (PSE)

Palestine Securities Exchange (PSE) is a private shareholding
company that was established in 1996 and held its first trading session on
the 18 February 1997. The PSE operates under the supervision of the
Palestinian Capital Market Authority and in accordance with the Securities
Law No. (12) 2004 and its bylaws, in addition to modern regulations, which
form a strong basis that ensure a fair trading environment. Today, there are
ninety three (39) companies are listed on the PSE across five main economic
sectors; banking, insurance, investments, industry and services.

There are no restrictions on foreign investments at the PSE or
on Foreign Exchange by the Palestinian Monetary Authority. HSBC Middle East
provides global custody services to interested foreign clients.

The PSE common values are: good governance, transparency,
efficiency, fairness & equal opportunity.

For more information about the PSE, please visit:
www.p-s-e.com

About Paltel Group-The Telecommunications Leader in Palestine

Paltel commenced operations on January 1, 1997 as an
integrated telecom operator and service provider offering Mobile, Fixed, Data
and other support services in Palestine. Paltel is the national
telecommunications provider in Palestine where its services cover more than
90% of the Palestinian Territories and reaches Palestinians in the Diaspora.

Paltel offers a range of services including local and
international telephone services, internet, data communications, mobile,
value-added services, payphones, and next-generation services in addition to
creating the backbone for other related telecom service. As of December 2009,
Paltel has 1.8 million mobile customers, 370,638 fixed line customers and
roughly 92,482 ADSL customers.

Paltel is a public shareholding company listed on the
Palestine Stock Exchange (PSE) & Abu Dhabi Securities Exchange (ADX) and
currently its capital reaches JD 131,625 million with roughly 10,000
shareholders which include a range of institutional and individual investors.
Paltel established VTEL, a company worth 1.2 billion USD that was
incorporated at the Dubai International Financial Center in 2006 as part of
its offshore investments and a vision to tap into international markets via
its strategic investment in VTEL holdings. Paltel holds a 25% position in
VTEL.

Paltel held an exclusive License Agreement with the PNA to
develop the telecom sector; however a second license has been awarded to
Wataniya Telecom. For more information, visit PALTEL on Internet:
www.paltelgroup.ps

    Contact Person at PSE

    Mrs. Fida Azar
    +970-599-828-608
    fida.azar@p-s-e.com

    Contact Person at Paltel Group

    Ms. Neda Morrar
    Tel: +970-2-294-4006
    Mob: +970-599-579-355
    neda.morrar@paltelgroup.ps

Contact Person at PSE: Mrs. Fida Azar, +970-599-828-608, fida.azar at p-s-e.com; Contact Person at Paltel Group: Ms. Neda Morrar, Tel: +970-2-294-4006, Mob: +970-599-579-355, neda.morrar at paltelgroup.ps