PhillipCapital Hires Commodity Futures Executive in Japan.

Tokyo, Japan, Sept 27, 2006 - (JCN Newswire) - PhillipCapital, an integrated financial services group headquartered in Singapore, announced today that it has recruited Kenichiro Takamura to spearhead growth at Crevo Co., Ltd. ( http://www.crevo.co.jp/ ), a Japanese commodity futures trading company it recently agreed to acquire. Takamura, a senior executive with more than 30 years of commodity futures and foreign exchange industry experience, formerly headed USS Forex Co., Ltd.

Commenting on the appointment, C. Jeffrey Char, Representative Director and President of PhillipCapital Japan, said: "Ken's vast experience in the commodity futures and foreign exchange markets will be a great contribution to PhillipCapital. We are looking forward to having him join us as a key member of our management team in order to lead Crevo through the ongoing restructuring in the Japanese commodity futures market. His appointment underscores PhillipCapital's commitment to being a leading player and role model in the Japanese commodity futures industry."

About PhillipCapital Group

PhillipCapital is a group of companies that offers a full range of quality and innovative financial services to retail, corporate and institutional customers. PhillipCapital is an integrated financial services provider with approximately 3000 staff in Asia and Europe and total shareholders' funds in excess of US$300 million. In Japan, member companies include PhillipCapital Japan, PhillipCapital Real Estate Japan, Phillip Financials, Naruse Securities and Crevo.

About Crevo Co., Ltd.

Established in 1955, Crevo Co., Ltd. is a member of the Tokyo Commodity Exchange (TOCOM), the Tokyo Grain Exchange (TGE) and the Central Japan Commodity Exchange (C-Com). It is licensed as a futures broker by the Japanese Ministry of Economy, Trade and Industry  and the Ministry of Agriculture, Forestry and Fisheries. Crevo offers execution, clearing and broking services of precious metals such as gold, silver and platinum, energy such as gasoline, oil, and kerosene, and agricultural products such as corn, beans and coffee. For more information, please visit www.crevo.co.jp

Source: PhillipCapital GroupCrevo Co., Ltd.

Contact:

PhillipCapital Japan KK
Ayumi Takemura
Marketing Department
Tel:  [phone]
Fax:  [phone]
E-mail: [e-mail]
http://www.phillip.co.jp

Crevo Co., Ltd.
Hideo Sugimoto
Tel:  [phone]
Fax:  [phone]
E-mail: [e-mail]
http://www.crevo.co.jp/

Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.