Wafa selects BT voice technology to launch new trading floor in the United Arab Emirates

Notes and media contacts

About Wafa Financial Services:
The journey of Wafa Financial Services was born out of an ambition to offer the complete range of financial services to our clients and to meet the financial requirements of our investors, based on Shari'a compliant principles. Wafa is a wholly-owned subsidiary of the Bin Hammouda Group, a major Abu Dhabi-based merchant family. On 11 March 2008, Wafa set a milestone by being the first UAE brokerage company to obtain a formal preliminary approval attesting to the compliance of Wafa with the SCA's technical regulations issued on 6 December 2007 and requiring strict disaster recovery, security, and data protection guarantees.

About Keross LLC:
Keross is a DIFC-based provider of consulting and technology services to the financial community. We provide advice and services that enable our clients to expand their businesses, improve their services, and increase their efficiency.

Our approach towards clients is based on establishing long-term relationships that encourage success through mutual benefit. Most of our projects last from three to six months, yet over 80% of our revenue is repeat business and our client relationships extend much longer. Keross is the only regional consulting and technology services company exclusively focused on the financial services community.

Keross is registered in the Dubai International Financial Centre, the Middle East's financial hub.

About BT
BT is one of the world's leading providers of communications solutions and services operating in 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to our customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services. BT consists principally of four lines of business: BT Global Services, Openreach, BT Retail and BT Wholesale.

In the year ended 31 March 2008, BT Group plc's revenue was £20,704m with profit before taxation and specific items of £2,506 million.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.

For further information, please contact:
Mr. Adel Trabelsi
General Manager
Wafa Financial Services
PO Box: 108377, Abu Dhabi, UAE
Tel: + 971 2 6271215
Fax: + 971 2 6272283

Sami Caracand
Keross LLC
Dubai International Financial Centre
PO box 506563 Dubai, UAE
T +971 4 374-1818
F +971 4 374-1817
M +971 50 818-2209