EcoSecurities and UOB Kay Hian Announce Strategic Partnership to Develop Business in Asia

EcoSecurities and UOB Kay Hian Announce Strategic Partnership to Develop Business in Asia

November 28, 2006

    KUALA LUMPUR, Malaysia, Nov. 28 /Xinhua-PRNewswire/ --
EcoSecurities, one of the world's leading companies in the
business of originating, creating, and trading carbon
credits, announces the latest in a series of strategic
partnerships with leading financial institutions. The most
recent agreement signed with UOB Kay Hian, the largest
brokerage group in Singapore will allow both organizations
to work together in order to identify and develop carbon
credit projects, as well as broker and buy carbon credits.
    The agreement between the two companies specifically
covers the following areas:

    * The identification and development of suitable Clean
Development 
      Mechanism (CDM) projects from UOB Kay Hian's existing
client base

    * The development of relationships with organizations
with a proven track 
      record to enable them to successfully leverage their
assets to create   
      carbon credits from greenhouse gas projects

    Agus Sari, EcoSecurities Regional Director, Southeast
Asia, states "There are huge synergies for both
companies in developing CDM opportunities together in Asia.
This partnership will allow EcoSecurities the opportunity to
further develop its project pipeline in the region."

    For UOB Kay Hian, this partnership offers an excellent
means of offering value added services to their existing
and future clients. "The use of carbon credits as a
financial tool for cleaner development is becoming a
mainstream product recognized by financial
institutions," commented Mr Tang Wee Loke, Deputy
Managing Director UOB Kay Hian.

    Both companies hope that working together will drive
the development of the Asian carbon market, by increasing
investment into the region and opening doors to companies
who can participate in and benefit from carbon finance.

    Bruce Usher, CEO of EcoSecurities Group plc, commented
"Our joint capabilities will provide clients with
solutions allowing them to take full advantage of
opportunities created by the CDM under the terms of the
Kyoto Protocol. I am very pleased that EcoSecurities will
be working with UOB Kay Hian to use our mutual expertise to
successfully identify and develop CDM projects in
Asia."

    Mr Wee Ee Chao, Managing Director, UOB Kay Hian also
says "Climate change has become a major global issue
and we see a dynamic area for growth through the CDM, not
only as a way to mitigate it, but also to foster
development in the region." 

    Editor's Notes:  

    About EcoSecurities:  

    EcoSecurities is one of the world's leading companies
in the business of originating, developing and trading
carbon credits. EcoSecurities structures and guides
greenhouse gas emission reduction projects through the
Kyoto Protocol, acting as principal intermediary between
the projects and the buyers of carbon credits.

    EcoSecurities works with companies in developing and
industrialising countries to create carbon credits from
projects that reduce emissions of greenhouse gases.
EcoSecurities has experience with projects in the areas of
renewable energy, agriculture and urban waste management,
industrial efficiency, and forestry.  With a network of
offices and representatives in 20 countries on five
continents, EcoSecurities has amassed one of the industry's
largest and most diversified portfolios of carbon projects.
Today, the company is working on 273 projects in 27
countries using 16 different technologies, with the
potential to generate more than 146 million carbon
credits.

    EcoSecurities Group plc is listed on the London Stock
Exchange AIM (ticker ECO.L).  Additional information is
available at www.ecosecurities.com.

    About UOB Kay Hian:  

    UOB Kay Hian is the largest stocking broking firm in
Singapore with offices in Hong Kong, Thailand, Philippines,
Indonesia, Malaysia, United Kingdom, United States and
China. Our equity sales team was ranked as one of the top
teams among local broking houses in Singapore by Asia
Euro-Money in the 2005 survey. Our total workforce in all
our offices including sales and support is about 2,000.

    Our research team of 74 works closely with our sale
force providing comprehensive research advisory and
consultancy services to our clients. London based
independent research ranking agency AQ rank our Research
team, as the number 1 team for Singapore Research based on
accuracy in 2005.

    Besides retail and institutional business, our other
businesses include corporate advisory/finance, structured
finance and margin based financing.

    For more information, please contact:
 
     Rachel Mountain
     Tel:   [phone]
     Email: [e-mail]

SOURCE  EcoSecurities Group plc