Fortune Management Inc.

euro adhoc: Fortune Management Inc.
- Fortune Management gets listed in Dubai - Secondary Listing supports expansion of business activities in the Middle East

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Zug/Switzerland, 24th May 2006 - Fortune Management Inc., (General Standard, ISIN USU026281027, SIN A0BLYY) today received approval to list its shares on the Dubai International Financial Exchange (DIFX). Fortune is the first European Company to list on the DIFX in Dubai.

The secondary listing stands parallel to the present listing of the Company on the General Standard (Regulated Market) of the Frankfurt Stock Exchange. The secondary listing will not be combined with any capital market issue. Trading in the shares of Fortune Management on the DIFX starts on 1st June 2006.

Fortune has been active in Dubai for three years and is currently preparing the launch of several Private Equity Funds as well as the further expansion of its Wealth Management activities in the region, for which the Company considers the listing a cornerstone. Institutional Investors in the Middle East expect their business partners to have a recognised presence in the financial community in the region. At the same time Fortune positions itself to attract a new group of investors.

The Middle East and specifically Dubai are rapidly gaining importance in the international business community. The fiscal environment as well as the recent economic developments has turned Dubai into one of the most attractive financial markets and investment centres. Dubai has expanded its gross domestic product in 2005 by 16%. The accumulated wealth in the region is estimated to be in excess of 1’300 Billion USD. Since formation of the DIFX in Dubai in 2005 more than 6 Billion EUR have been raised by public capital offerings.

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Profile of  Fortune Management Inc.:

FORTUNE Management Inc., Zug/Switzerland, is an on the Frankfurt Stock Exchange listed private equity firm. Its two main activities Principal Investments and Private Equity Management operate from the same corporate platform. Principal Investments comprises of direct investments into different businesses, such as e.g. Wealth Management in Switzerland (Fortune Wealth Management Group Ltd.) or Biodiesel (GATE Global Alternative Energy S.a.r.L.). Fortune is generally seeking to acquire controlling interests in these investments for dividend income and capital gain. Under Private Equity Management, Fortune subsumes its investments in Private Equity Managers (General Partners and Advisors), such as Antarctic International Private Equity Fund S.A. in Chile. The focus in this segment lies in consolidating long-term recurring management and performance fee income. FORTUNE has subsidiaries in Zug, Zurich, Geneva, Vienna, Luxembourg, Wuerzburg, Santiago de Chile and Dubai.

The company’s shares (ISIN: USU 026281027) are quoted on the Regulated Market (General Standard) at the Frankfurt Stock Exchange.

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ots Originaltext: Fortune Management Inc.
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Further inquiry note:
Fortune Management Inc.
Mark Kübler
Investor Relations

Tel.: +41 41 727 10 40
Fax:  +41 41 727 10 41

Branche: Financial & Business Services
ISIN:      USU026281027
WKN:        A0BLYY
Börsen:  Börse Berlin-Bremen / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Frankfurter Wertpapierbörse / regulated dealing/general

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