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PR. 001/2011-NEW TRADING HOURS

The Ghana Stock Exchange (GSE) has announced changes to its trading hours effective January 4, 2011.

The new trading hours shall be:

Pre-Open 09.30hours GMT
Open 10.00 hrs GMT
Continuous Auction 10.00 hrs – 15.00 hrs GMT
Close of Trading 15.00 hrs GMT

The change in trading hours is to afford dealers increased contact hours with their clients during the trading day. It is also meant to afford non-resident investors in time zones different from ours, greater opportunity to reach out to their local brokers.

It is our expectation also that the extended trading hours will help improve liquidity in the market place.

Issued in Accra, this 4th
day of January, 2011.