Pall Mall Investment Management Limited - Hugin/Pall Mall Investment Management Limited: PMIM announces cardinal accord with Nomura

London, 11 February 2008 - Pall Mall Investment Management (PMIM) today appear it has accustomed an disinterestedness bang from Nomura, the arch Asia-based investment bank, to drive advanced affairs to aggrandize its broker abject in Europe.

PMIM, the Anglo-German asset administration boutique, manages about US$1bn of assets primarily for German clients. It has one of the best assuming top crop funds in its chic and, with Risk@Work, an avant-garde quantative asset administration action for European equities and government bonds. Nomura's disinterestedness investment will acquiesce PMIM to accompany cogent opportunities to added advance its German broker abject and aggrandize into added European markets with both artefact lines.

Holger Pastel, CEO of PMIM, said, "We are captivated to accept Nomura appear on board. We accept a acknowledged history with Nomura and accept consistently been afflicted by its adeptness to acclimate to arduous bazaar altitude with avant-garde products. PMIM has a focused business plan in place, and now with the added capabilities that Nomura brings to the table, we can bigger assassinate that plan."

The investment, led by Nomura's disinterestedness and armamentarium derivatives team, will aswell accord Nomura added absorption in one of Europe's better markets.

Mike Fullalove, Nomura's arch of disinterestedness and armamentarium derivatives, said, "This is a absolute cardinal footfall for Nomura's European business and supports our connected efforts to adjust ourselves with companies with acute advance stories. PMIM is embarking on an agitative adventure which we ambition to share."

"I accept every aplomb in PMIM's administration aggregation to bear results. Our accommodation to advance in PMIM underlines Nomura's continuing charge to seek mutually amiable partnerships with agreeing clients, bringing Nomura afterpiece to its ambition of growing European business by about 50 per cent in the next three years," he said.

Ends

For added advice amuse contact:

Name Company Telephone
Holger Pastel CEO, PMIM +44 20 7590 1344
Dr. Dirk Rogowski Head of Marketing, PMIM +49 40 300 929 175

About Pall Mall Investment Management Ltd.
Pall Mall Investment Management Limited is a specialised asset administration aggregation with ability in European top crop and European counterbalanced portfolios. Current assets beneath administration are over one billion US dollars. The Company's address is based in London, UK, with a annex appointment in Hamburg, Germany.
The Company offers a array of investment products, including basic affirmed top crop investments, complete acknowledgment funds and quantitative strategies for bonds and equities. The investment aggregation is abiding into two groups to anniversary for the investment ability - European top crop and European balanced. The European top crop aggregation is based in London and has formed carefully calm back 1999 whilst the European Quant aggregation is based in Hamburg and has formed carefully as a accumulation back 1997.
Pall Mall Investment Management Limited is authorised and adapted by the Financial Services Authority of the United Kingdom.


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