UK: Smith & Williamson Corporate Finance Lists Three Companies On AIM
Last Updated: 10 January 2007

During the last quarter of 2006, Smith & Williamson Corporate Finance has acted as nominated adviser to three companies listing on AIM, which in aggregate raised a total of $275 million (with a combined initial market capitalisation of over $800 million).A team comprising Azhic Basirov, Siobhan Sergeant and Jo du Plessis acted as nominated adviser for Speymill Macau Property Company plc (Speymill Macau), which was admitted to AIM on 17 November, initially raising US$80m. Speymill Macau is a newly incorporated Isle of Man company established to invest primarily in the high quality residential property market.

The same team also acted as nominated adviser to xG Technology, Inc. (xG) on its listing on AIM. Trading in xGís shares commenced on 20 November, with an initial market capitalisation of US$544 million. xG, which is based in Florida, has developed a new low-power, long-range mobile communications technology that can be applied to voice, data or video transmissions.

Most recently, the team has worked as nominated adviser to Clean Energy Brazil plc (CEB), bringing them to AIM on 18 December and raising £100 million. CEB is an investment company, incorporated in the Isle of Man, which intends to invest in integrated sugar and bioethanol production units in Brazil, thereby giving investors exposure to Brazilís domestic bioethanol market, the global sugar market, and the future growth in global bioethanol demand.

Commenting on the three deals, Azhic Basirov, corporate finance director, said: "We are delighted to have brought these three companies to AIM in the recent weeks. The investor interest shown in these companies is a reflection of the continuing strength of the AIM market and interest in quality investment opportunities."

For further information, contact:

Azhic Basirov is a corporate finance director at financial advisory, investment and accounting group Smith & Williamson
Tel: 020 7131 4294

Press office

Kate Harrison, tel: 020 7131 4228

Alison Hayman, tel: 020 7131 4138

Smith & Williamson is an independent professional and financial services group employing over 1,200 people. The group is a leading provider of investment management, financial advisory and accountancy services to private clients, professional practices and mid-size corporates. The group operates from offices in London, Belfast, Bristol, Glasgow, Guildford, Maidstone, Salisbury, Southampton and Worcester.

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