Roundstone Group is active in the debt capital markets of Central and Eastern Europe.

The Company's registered address is:

Roundstone Group Ltd.
Tortola Pier Park, Building 1,
Wickham's Cay 1
Road Town, Tortola
British Virgin Islands

The Roundstone Group , established in January 1999, is a boutique advisory firm registered in the British Virgin Islands. The Roundstone Group consultancy and advisory work has been directed to Central and Eastern European governments and blue chip corporates. The overall principle of the Group is to help its clients maximize value in financial transactions by providing unbiased, professional and objective advice.

The Roundstone Group advisory services include the following main areas:

• 1. Debt Restructuring: Assistance to clients in restructuring/renegotiating outstanding debt obligations and providing solutions for managing distressed debt situations.
• 2. Risk Management Analysis: Assistance to clients in analyzing foreign exchange rate, interest rate, commodity and other market risks and advice on implementing appropriate hedging strategies.
• 3. Corporate Finance Advisory: Assistance to clients in determining optimal debt/equity capital structures and advice on raising capital.

Mr. Alex Seippel

Prior to founding Roundstone Group, he was Co-Head of Investment Banking and Capital Markets for Russia at Merrill Lynch and prior to that was a Managing Director in Emerging Market Derivatives sales and trading at Bankers Trust based in London. Alex has over 20 years investment banking experience and is a Phi Beta Kappa graduate of Columbia University.

Select Transactions of the Roundstone Group include:

• Financial Advisor to Conel, the state owned Electricity Company of Romania, in developing currency risk management and local debt issuance programmes.
• Financial Advisor to Unipetrol, the state owned Refinery and Petroleum Distributor of the Czech Republic, in developing pre-privatization, capital raising plan and risk management strategy
• Financial Advisor to the European Property Group in the establishment of a CHF 600 million development fund in the Czech Republic.
• Financial Advisor to the Ministry of Finance of Ukraine in the restructuring of $663 million of commercial loans and zero coupon notes.
• Financial Advisor to the Ministry of Finance of Ukraine in the restructuring of $2.7 billion of sovereign Eurobonds.
• Financial Advisor to Credit Agricole in a $200 million CIS debt restructuring.
• Financial Agent to MFK Bank of Moscow in a $400 million Russian bank derivatives contract restructuring.
• Consultant to Renaissance Capital of Moscow in arranging $150 million of client financings.
• Consultant to Morgan Stanley International in arranging $300 million of client financings.
Contact

The Company's registered address is:

Roundstone Group Ltd.
Tortola Pier Park, Building 1,
Wickham's Cay 1
Road Town, Tortola
British Virgin Islands

For further information on Roundstone Group please contact:

Mr. Alex Seippel

• Email:
  enquiries@roundstone.com