Xinhua Finance CEO Ms. Fredy Bush Wins AmCham Women of Influence Award

Xinhua Finance CEO Ms. Fredy Bush Wins AmCham Women of Influence Award

October 18, 2006

    HONG KONG, Oct. 18 /Xinhua-PRNewswire/ -- Ms. Fredy
Bush, founder and CEO of Xinhua Finance Limited (TSE
Mothers: 9399 and OTC: XHFNY), was honored Entrepreneur of
the Year, one of the four categories in the Women of
Influence Awards (WOI) 2006 organized by The American
Chamber of Commerce in Hong Kong in association with the
South China Morning Post.  Ms. Bush received the award out
of about 100 entries for the four categories at the award
presentation luncheon held on October 16, 2006 in Hong
Kong. 

    Photo link:     
    
http://www.xinhuafinance.com/PhotoLinks/WOIAwards2006/fredybush.html

    Launched in 2003, the WOI awards are designed to
recognize female achievement in a business world that is
still dominated by men and encourage career excellence,
honoring the winners and helping them inspire and motivate
other women to reach the top of their professions.  Along
with Entrepreneur of the Year, the other categories of the
award include Professional of the Year, Young Achiever of
the Year, and Best Company for Women. 

    Quoted from South China Morning Post's Special Report
on October 17, 2006, Professor Steve Dekrey, Chairman of
the awards' judging panel, said of Ms Bush, "It is
very impressive what she has been able to do with her
finance company in five years.  She has built it into a
large, world-class enterprise.  It is a unique undertaking,
and it was not obvious it would work.  The degree of risk
she undertook was impressive and she overcame some
significant obstacles. Doing business in China is not
simple -- you need to be tenacious.  It is also the first
foreign company and the first China company to be listed on
the Tokyo Stock Exchange.  Those firsts show the
entrepreneurial nature of Fredy Bush.  That's what
entrepreneurship is all about." 

    Fredy Bush started Xinhua Finance in November 1999,
when China was still not part of the WTO and regulations in
the financial markets remained unclear, but she saw this as
an unprecedented opportunity.  Founding the company from an
idea, Fredy was set to build services based on
internationally proven standards and localize them for
China's markets, providing China with tools that domestic
investors could depend on, and providing foreign investors
with the services they are used to in their home markets. 
By early 2003, in slightly more than three years, Xinhua
Finance had pioneered and brought into China four core
services -- indices, ratings, financial news and investor
relations.  Today, the company has more than 1,000
employees, up from 99 in 2001, with 26 nationalities and
49% of the staff are women.  It has offices in 19 locations
and 20 news bureaus across the globe.  The first China
concept company to go public in Japan, Xinhua Finance's
valuation reached US$600 million in 2006, grew from US$30
million in 2003, profitable in seven years with over $110
million in revenue.

    Entrepreneur of the Year, Ms Fredy Bush, said,
"This is an incredible honor.  I am excited about
being considered an entrepreneur because I believe
entrepreneurs are the driving force of growth in economies
globally and that means we create jobs.  I feel encouraged
to see that female contributions to the social prosperity
are increasingly recognized.  Women face even tougher
challenges than men in achieving their career success.  I
hope awards such as Women of Influence help women recognize
their own unique abilities.  It is my desire that the public
sphere would improve the disadvantaged and unequal dynamics
for women in society. 

    "As entrepreneurs, we are risk takers by
definition and pioneers by nature," added Bush,
"I am proud of establishing Xinhua Finance which
itself is an entrepreneurial story.  We have hit some bumps
along the way, but thanks to perseverance, we have weathered
the storms.  We have now set a fine list of precedents which
have concretely impacted the way people and institutions
invest in China.  But more importantly, I am not alone as
an entrepreneur. This award actually represents my team who
chose to believe in a crazy dream I had back in 1999.  I
would not be here today if it were not for an incredibly
talented and dedicated team at Xinhua Finance." 

    Fredy Bush, founder, CEO, and Vice Chairman of Xinhua
Finance Limited, draws on over 20 years of experience and
entrepreneurial success in the Far East.  Prior to
establishing Xinhua Finance, Fredy worked in Taiwan from
1985-1990 to establish that its first official futures
market.  In 2004, Fredy was listed as one of the "Top
50 Women to Watch" globally by the Wall Street
Journal.  In May 2006, she was awarded the Ellis Island
Medal of Honor from the National Ethnic Coalition of
Organizations. 

    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 20 news bureaus
and offices in 19 locations across Asia, Australia, North
America and Europe.  
    For more information, please visit
http://www.xinhuafinance.com . 

    For more information, please contact: 

    Xinhua Finance
     China
     Ms. Joy Tsang
     Tel:   [phone] or
[phone] 
     Email: [e-mail]

     Japan 
     Mr. Sun Jiong
     Tel:   [phone]
     Email: [e-mail]

    Taylor Rafferty (Media/IR Contact)
     Japan 
     Mr. James Hawrylak
     Tel:   [phone]
     Email: [e-mail]

     United States
     Ms. Ishviene Arora
     Tel:   [phone]
     Email: [e-mail]

     Europe
     Mr. John Dudzinsky
     Tel:   [phone]
     Email: [e-mail]

SOURCE  Xinhua Finance Limited