Fortune Management Inc.

euro adhoc: Fortune Management Inc.
Justice/Processes
Fortune Management Inc. is served complaint by HLSP Holdings Corp.

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14.07.2008

Zug/Switzerland, 10 July 2008 - FORTUNE Management Inc. (General Standard, ISIN USU026281027; SIN: A0BLYY) announces that it has been served a complaint by HLSP Holdings Corp. (Puerto Rico), in liquidation, for alleged damages in the amount of at least EUR 40 million for an alleged delay in listing of shares. The director of HLSP Holdings Corp. is Mr Jack Takacs, the former President of FORTUNE Management Inc. FORTUNE Management Inc. is convinced that the complaint will be unsuccessful and will defend itself vigorously. Reference is also made to the Addendum Nr. 1 of 14 February 2007 to the Listing Prospectus of FORTUNE Management Inc. in which the company disclosed similar allegations by Mr Takacs personally, which Mr Takacs never pursued.

End of Ad Hoc

Profile of FORTUNE Management Inc.: FORTUNE Management Inc., Zug/Switzerland, is a publicly listed private equity firm. Its two business divisions are Private Equity Management and Principal Investments. The company´s shares (ISIN: USU 026281027) are listed in the General Standard segment of Frankfurt Stock Exchange (symbol: FMI1) and on the DIFX in Dubai.

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ots Originaltext: Fortune Management Inc.
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Contact:
FORTUNE Management Inc.
Phone +49 69 9441 8069
IR@fortune-management.com
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug

Branche: Financial & Business Services
ISIN:      USU026281027
WKN:        A0BLYY
Börsen:  Börse Berlin / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse Frankfurt / regulated dealing/general standard



Weitere Meldungen: Fortune Management Inc.

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