Purchase of Shares

Bear Stearns Private Equity Limited
28 June 2006

Bear Stearns Private Equity Limited

HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU


28th June 2006


Regulatory News Service
London Stock Exchange
London
EC4M 7LS
Dear Sir,


BEAR STEARNS PRIVATE EQUITY LIMITED


Bear Stearns Private Equity Limited (the 'Company') announces that on 27 June
2006 the Company purchased 250,000 Equity Shares at USD 1.10 per Equity Share
totalling USD 275,000. Such Equity Shares will be cancelled.  After such
cancellations the Company will have 96,317,359 Shares in issue.


END


                      This information is provided by RNS
            The company news service from the London Stock Exchange