GLOBAL NEW EUROPE FUND

Announcement of Regulated Information according to the L 3556/2007

The company "Global New Europe Fund Portfolio Investments SA" announces that, according to the provisions of the Law 3556/2007 (article 9), the Decision 1/434/3.7.2007 and the Circular 33 of the Hellenic Capital Market Commission, on the 10th of April 2008 received notification from the company "GLOBAL FINANCE INTERNATIONAL SA" according to which on the 9th of April 2008 the last sold through a pre agreed block trade 1.299.400 common registered shares with voting rights of the company "Global New Europe Fund Portfolio Investments SA". As a result of the above sale "GLOBAL FINANCE INTERNATIONAL SA" holds 0% of the share capital of "Global New Europe Fund Portfolio Investments SA" and 0% of the total voting rights of "Global New Europe Fund Portfolio Investments SA".