About CLSA

CLSA holds 13th annual Investors' Forum


The 13th annual CLSA Investors' Forum opened yesterday attracting 1,200 institutional investors from 30 countries representing US$10 trillion in funds under management to meet with 550 senior executives from 200 of Asia's leading companies. This year's Forum addresses overarching themes of geopolitics, personal wealth, climate change, finance and strategy.

Falling on the 5th anniversary of 9/11, former US President Bill Clinton opened Asia's biggest annual conference from his home in New York with a message of hope about conflict resolution which helped give investors a big picture view of opportunities and challenges ahead for the markets in which they invest.

Other speakers this week include:

Company presentations include Bank of Communications, Cathay Pacific, China Merchants, China Mobile, Dragon Capital, Esprit, Henderson Land, HSBC, Hutchison, Hyundai, Infosys, Las Vegas Sands, Petrobras, PetroChina and SINOPEC.

"The turnout at this year's Forum reflects Asian investor sentiment that there is no better investment story than this. While views on certain Asian markets are mixed due to factors such as the US housing slowdown and increasing Chinese commodity prices, overall, the outlook for Asia remains very strong," said Rob Morrison, CLSA CEO. "We believe India is Asia's most exciting macroeconomic growth story followed by Vietnam, which will be ripe for investment in a few years' time. Japan, which has been a strong focus for CLSA, is also a key Asian investment destination, led by its recovery."

About CLSA Asia-Pacific Markets

CLSA is a leading brokerage, investment banking and private equity group in the Asia-Pacific Markets. Founded in 1986 and headquartered in Hong Kong, CLSA’s major shareholder is France's Credit Agricole, which merged in 2003 with Credit Lyonnais, to form the 5th largest bank in the world by assets and the 5th largest bank in the world by Tier One capital. CLSA enjoys substantial staff ownership which contributes to its independent stance and operations.

CLSA has over 900 dedicated professionals spread across all Asian and international financial centres. Recognised as one of the top research, sales and execution houses in Asia, CLSA is known for its innovative and independent research. In 2003, the CLSA expanded its brand to Japan, offering Japanese equity research and sales services to international investors.

CLSA is consistently ranked in major industry polls. CLSA ranked No.3 overall in Institutional Investor’s All-Asia Research Poll 2006 and No. 2 in The Asset’s Asian Equities Benchmark Survey 2005. CLSA has also been named as the 'Most Independent Research Brokerage House in Asia'.

CLSA’s investment banking division was recognised as ‘Best Small Cap Equity House in Asia’ for 2004 by Finance Asia and as ‘Runner-up Best Mid-Cap Equity Investment Bank in Asia’ for 2003 by both International Financing Review and Finance Asia.

CLSA’s businesses include a series of successful joint ventures including China Euro Securities Limited, the first joint venture to be granted a domestic investment banking licence in China since its entrance into the WTO. CLSA also enjoys an exclusive research cooperation alliance with Sanford Bernstein, the leading independent brokerage in the US.

CLSA has had a longstanding commitment to China. CLSA's China research team is consistently ranked for their in-depth coverage of over 110 companies. CLSA has completed over 140 China-related equity capital market fund raisings in the international capital markets.

More information can be found at www.clsa.com

Media contact:

Grace Hung
Head of Communications
CLSA Asia-Pacific Markets
Tel: 852 2600 8318
Fax: 852 2530 0827
Email: grace.hung@clsa.com