Export Finance Agreement

CCH International plc 24 April 2006 Press Release 24 April 2006 CCH International plc ('CCH' or 'the Company') CCH funds US$30 million AA rated credit insurance wrapped hazelnut procurement facility in Turkey CCH International plc, the trade finance group, announces an agreement between its wholly owned subsidiary CCH Europe GmbH and Basaran Gida Ticaret ve Turizm Isletmeleri ('Basaran') of Turkey to implement a one year US$30 million Sharia-compliant hazelnut export finance facility. Insurance against non-payment is provided by an international insurance company with a Fitch rating of AA. Basaran is an established hazelnut trading and processing firm with facilities at Trabzon in the Black Sea region of Turkey and headquarters in Istanbul. This transaction follows on from a previous US$12 million financing program between CCH Europe GmbH and Basaran that started in 2003 and was successfully repaid in early 2006; that facility was also insured against non payment. This new CCH-Basaran facility has the potential to significantly increase the annual turnover of the Company and is expected to lead to other similar transactions with different exporters in the same industry. Huseyin Basaran, Chairman of Basaran, said: 'We are pleased to have reconfirmed and expanded our excellent relationship with CCH International plc and we look forward to further extending our cooperation.' Eren Nil, Managing Director of CCH International plc, commented: 'We are delighted to have signed another Sharia compliant facility with Basaran. It not only puts us in a strong strategic position for further deals in the hazelnut and other commodity sectors in Turkey, but is also likely to lead to further business with Basaran itself. This transaction reaffirms our ability to conclude large sized transactions that have the potential to generate significant turnover and enhance our ability to pay dividends in the future.' - Ends - For further information, please contact: CCH International plc www.cch-international.com Eren Nil, Managing Director Tel: +44 (0) 20 8334 0871 Richard Fossett, Director and COO eren@cch-international.com r.fossett@cch-international.com Abchurch Communications www.abchurch-group.com Heather Salmond / Charlie Jack Tel: +44 (0) 20 7398 7700 charlie.jack@abchurch-group.com Notes to editors CCH International offers a range of finance products to institutions and corporations wishing to raise finance or to sell on trade receivables either through conventional means or through its own internet based brokerage facility www.cch-etrade.com. The Company is listed on the Alternative Investment Market (AIM) of the London Stock Exchange. CCH International is also a specialist in Islamic Finance and has ability to arrange for Morahaba, Ijara, Istisna and other compliant facilities. CCH International has offices in England and Germany, as well as strategic partnerships / affiliates / relationships in Australia, Bahrain, UAE, Turkey, Iraq and the USA. Further information on the Company is available at www.cch-international.com. This information is provided by RNS The company news service from the London Stock Exchange
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