Re Agreement

CCH International plc 01 June 2006 Press Release 1 June 2006 CCH International Plc ('CCH' or 'the Company') CCH agrees multiple financing facilities for Turkish group GISAD CCH International Plc (AIM: CCH), the trade finance group, today announces a number of financing agreements. Sharia-compliant facility for GISAD Dis Ticaret A.S. CCH has reached agreement with GISAD Dis Ticaret A.S. ('GISAD') of Turkey to conclude a US$10 million three-year Sharia-compliant trade finance facility for GISAD to fund VAT receivables due from the Turkish government. CCH has acted as an agent of the Funder, an Islamic Bank located in the Gulf . This is the second tranche of an existing US$20 million facility that was originally funded in 2005. GISAD is a leading Turkish export trade company offering a wide range of activities and investments from raw materials to textiles to transportation, with total exports of its 800 partners reaching US$2.5 billion. Sharia-compliant facility for GISAD Arac Kiralama A.S. CCH has arranged a US$20 million Sharia-compliant financing facility for a GISAD subsidiary, GISAD Arac Kiralama A.S., which centrally manages vehicle parks, covering the purchase of cars for onward leasing to GISAD member companies. This has been jointly mandated with an Islamic GISAD Arac has also mandated CCH to increase the overall facility to US$100 million once this US$20 million tranche is fully utilised. US$20 million financing facility for GISAD Faktoring A.S. Initial funding of US$6 million has also commenced under a US$20 million financing facility for GISAD subsidiary, GISAD Faktoring A.S., which is a fully equipped factoring company that offers the full range of trade finance products and services. It is the intention to increase this facility amount to US$20 million within six months. The facility will be used to finance a pool of local Turkish receivables insured for non-payment by a local Turkish insurance company. Ibrahim Ozdogan, Chairman of GISAD, said: 'We are pleased to have entered into these facilities with CCH. We increasingly look to CCH for innovative financial solutions to our financing needs through CCH's ability to create flexible Sharia compliant financing solutions.' Eren Nil, Managing Director of CCH International plc, commented: 'We are delighted to further strengthen our relationship with GISAD, one of Turkey's major exporters. As Ibrahim states, we are currently looking at several other transactions with Gisad and I hope to be able to make similar announcements about these in the near future. This transaction shows our ability to conclude multiple transactions with one client.' - 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) 207398 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 the ability to arrange for Morabaha, Ijara, Istisna and other compliant facilities. CCH International has offices in England, Germany and Bahrain, as well as strategic partnerships / affiliates / relationships in Australia, UAE, Turkey, 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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