Xinhua Finance to provide stock index quotes to Chinese newspaper for publication

Xinhua Finance to provide stock index quotes to Chinese newspaper for publication

March 06, 2006

    SHANGHAI, March 6 /Xinhua-PRNewswire/ -- Xinhua Finance
(TSE Mothers: 9399 and OTC: XHFNY), China's unchallenged
leader in financial information and media, today announced
that the Economic Observer, a weekly Chinese financial and
business newspaper, has agreed to publish the Xinhua FTSE
stock index quotes in each issue.

    A number of other Chinese media also publish the Xinhua
FTSE stock index data on a daily or regular basis, including
Shanghai Securities News, China Daily, Beijing Morning News,
Shenzhen Evening News and Money Journal. The Xinhua FTSE
stock index series is the leading stock index used for
benchmarking the China equity markets and for the creation
of financial products including exchange traded funds
around the world.

    Economic Observer, published by Shandong Economic
Observer Co. Ltd, has a national distribution of over
400,000. It is considered to be one of the top business and
financial information newspapers in China. EconWorld, the
Hong Kong publishing company and a subsidiary of Xinhua
Finance last month signed an exclusive agreement with
Shandong Economic Observer Co. Ltd to organize financial
information seminars across China. 

    Xinhua Finance CEO Fredy Bush said she was delighted
that Economic Observer has decided to publish the Xinhua
FTSE index data.

    "The Economic Observer is a well-respected
financial newspaper and we believe that it will provide a
good additional platform for the Xinhua FTSE indices,"
Ms Bush said. 

    Notes to Editors:

    About Xinhua Finance Limited 

    Xinhua Finance Limited is China's unchallenged leader
in financial information and media,  and is listed on the
Mothers board of the Tokyo Stock Exchange (symbol: 9399)
(OTC ADRs: XHFNY). Bridging China's financial markets and
the world, Xinhua Finance serves financial institutions,
corporations and re-distributors through four focused and
complementary service lines: Indices, Ratings, Financial
News and Investor Relations.  Founded in November 1999, the
Company is headquartered in Shanghai with 21 news bureaus
and offices in 18 locations across Asia, Australia, North
America and Europe.  

    For more information, please visit
http://www.xinhuafinance.com . 

    About Economic Observer 

    Established in April 2001, Economic Observer is a
highly market-driven newspaper in China and has become one
of the most influential weeklies of this complicated and
fascinating country. Based in Beijing, Economic Observer is
set to establish itself as a highly esteemed newspaper with
a global perspective. With more than 100 young, talented
and ambitious journalists, Economic Observer has created a
new model for today's Chinese media. With the slogan
"Rational and Constructive", a warm, lively,
assiduous, and open-minded team is trying its best to
present the readers with in-depth analysis and stories.
Economic Observer is a favorite of government officials,
business leaders and well-educated urban citizens. Its
circulation is 400,000, mainly in big cities of China.

    For more information, please visit
http://www.eobserver.com.cn .

    For more information, please contact:

    Xinhua Finance

     Hong Kong/Shanghai
     Ms. Joy Tsang
     Tel:   [phone] or [phone] or
[phone]      
     Email: [e-mail]
                        
     Japan 
     Mr. Sun Jiong
     Tel:   [phone]
     Email: [e-mail]

    Taylor Rafferty (IR Contact)

     Japan 
     Mr. James Hawrylak
     Tel:   [phone]
     Email: [e-mail]

     United States
     Mr. David Leeney
     Tel:   [phone]
     Email: [e-mail]

SOURCE  Xinhua Finance Limited