CSE: Calculation of E.C.M. index starts on 11/8

The CSE would like to inform the investing public that on Wednesday, August 11, 2010, it will begin the calculation of the Emerging Companies Market INDEX (E.C.M.) with the opening price at 1,000 units. The new index will be calculated daily on a real time basis and it will consist of shares of companies which are listed in Emergency Companies Market.

The index:

· Will have starting base the 1000 units

· It will be based on prices of executed transactions

· It will be based on the Laspayers formula

Based on the above, the companies that will participate in the index are:

English Symbol	Greek Symbol	English name
CBAM	ΚΩΑΜ	CONSTANTINOU BROS ASSET MANAGEMENT PLC
EXTE	ΕΧΤΕ	EXECUTIVE S.A
LIMNI	ΛΙΜΝΗ	CYPRUS LIMNI RESORTS & GOLFCOURSES PLC
PHONE	ΡΗΟΝΕ	PHONE MARKETING S.A.
ITTL	ΙΤΤΛ	ITTL TRADE TOURIST & LEISURE PARK PLC

More information about the E.C.M. can be found on the CSE webpage: http://www.cse.com.cy/NEA/Main/