Asia: Sauw Yim, Golin/Harris Forrest (852) 2501 7938

Europe: John Parry, Rostron Parry (44) 207 49 08 062

USA: Bill Ferri and Michael Boccio, Trimedia, Inc. (212) 888-6115

Fimat Group Reinforces Asia Operations

Promotions of Country and Regional Heads Announced

Paris, France — March 4, 2003 – The Fimat Group, one of the world’s leading global brokerage organizations and part of Société Généralé Group, announced the promotion of Emmanuel Faure, Toby Lawson, Jens Winter and Nelson Wong to key senior executive positions in Asia.

“Fimat remains confident of the growing prominence of the Asia-Pacific region in the global economy and for this reason, we have decided to further reinforce our management team to drive expansion in the region and tocapture that growth,” said Wessel van der Scheer, Fimat’s Asian Zone Managing Director. “We have no doubt that Emmanuel, Toby, Jens and Nelson have the breadth and depth of knowledge and experience to steer this development.”

Emmanuel Faure

As the Chief Executive Officer of Fimat for Hong Kong, Singapore and Korea, Mr. Faure will be responsible for all the business lines of the Fimat Group in the three markets, including trading and clearing for institutional and retail investors.

Mr. Faure has more than 9 years of professional experience in the financial industry, specialising in derivative products. Previously, he has served at the Tokyo and Paris offices of Fimat, giving him a strong track record in both Europe and Asia. Mr. Faure was educated at Ecole Superieure Du Commerce Exterieur-Esce Paris, majoring in international finance and audit.

Toby Lawson

In his new role of head of Fimat Australia, Mr. Lawson’s responsibility will be supervision of all commercial operations, including institutional sales, retail sales and electronic trading.

Before taking up the new role, Mr. Lawson was the Deputy General Manager of Fimat Australia, one of the most active futures brokerages in the region. He has been in the futures and derivatives industry for 10 years.


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Prior to joining Fimat Australia, Mr. Lawson worked for Deutsche Bank’s futures and derivatives division, servicing the institutional client base of the bank. He holds a Bachelor of Economics degree from the University of Sydney.

Jens Winter

The Fimat Group also named Jens Winter the new Managing Director of its Asian Clearing Center located in Sydney. In his new role, Mr. Winter will be responsible for ensuring the further development and streamlining of Fimat’s Asian clearing capabilities and products in the region.

Prior to this, Mr. Winter was in charge of the equities back-office of Fimat’s Frankfurt Branch. Mr. Winter has a strong background in Risk Management and Operations in derivative products, as well as equities and government debt.

Mr. Winter holds an University degree in Business Administration, majoring in international accounting principles and financing and specializing in derivatives price theories from the Johannes Gutenberg University of Mainz, Germany.

Nelson Wong

Mr. Nelson Wong has been named Business Development Manager for Asia. Directly reporting to Mr. van der Scheer, Mr. Wong is responsible for supporting Fimat sales efforts and overall business developments in Asia, including the launch of new markets and new products.

Before taking up this role, Mr. Wong was the Chief Operating Officer of the Fimat Asian Zone, responsible for supervising business operations and ensuring operational efficacy and reliability in the region.

Mr. Wong has a Master of Commerce degree from the University of New South Wales. He is also a member of the Securities Institute of Australia and the Institute of Chartered Accountants in Australia.

About Fimat:

The Fimat Group has a global network of 22 offices and is a member of nearly 40 of the world's largest derivative exchanges and 10 stock exchanges. The Group provides global clearing and execution services to institutional users of derivatives and securities markets worldwide. Companies of the Fimat Group cover markets that account for 80 percent of the volume of all major exchanges. They offer clients access to over 500 individual interest rate, bond, currency and equity products as well as 220 individual commodity contracts, covering the full spectrum of metals, energy, grains and soft commodity products.

Fimat and the Fimat Group refer to all companies or divisions of companies owned directly or indirectly by Société Générale that include the "Fimat" name. Only Fimat USA, Inc. is a member of the NASD and SIPC. Fimat International Banque S.A. (UK Branch) is a member of the LSE and does not deal with, or for Private Customers (as defined by the Financial Services Authority). Fimat International Banque SA (Frankfurt Branch) only conducts business with institutional customers. Only Fimat Derivatives Canada Inc. is a member of the CIPF. Not all services are available from all Fimat organizations. Consult your local office for details.

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