1st Qtr Report

Tuesday, 2 May 2006

§ 64 trading sessions during this period;

§ total turnover (shares and bonds) amounted to USD 1,056.48 million which meant an increase by 12.5% compared to the previous quarter;

§ number of traded shares and bonds (volume) was of 5,434,25 million increasing by 5.16% compared to the previous quarter;

§ market capitalization on March, 31 2006 was of USD 22.12 billion, increasing by 17.82% compared to the previous quarter;

§ BSE s indices (in USD) recorded increases compared to the end of the previous quarter:

BET (March, 31): 1,942.70 points (+ 17.17%).

BET-C (March, 31): 1,286.73 points (+ 17.24%);

BET-FI (March, 31): 39,415.51 points (+ 2.69%);

ROTX (March, 31): 16,709.46 points (+14.79%)

KEY INDICATORS: FIRST QUARTER 2006 / FIRST QUARTER 2005

Bucharest Stock Exchange recorded in the first quarter 2006 increases against first quarter 2005, as follows:

§ total turnover (shares and bonds) increasing by 28.73% compared to the first quarter 2005;

§ number of traded shares and bonds (volume) decreasing by 20.76%;

§ market capitalization on March 31, 2006 increasing by 48.84% against March 31, 2005;

§ BSE s indices (in USD) on March 31, 2006 against March 31, 2005:

BET (March, 31): 1,942.70 points (+ 29.34%).

BET-C (March, 31): 1,286.73 points (+ 51.05%);

BET-FI (March, 31): 19,296.75 points (+ 25.35%);