2007-10-05 08:45:00 CEST

2007-10-05 08:45:00 CEST


REGULATED INFORMATION

Finnish English
eQ - Company Announcement

eQ OPENS A NEW OFFICE AND PRIVATE BANK IN TURKU


eQ OPENS A NEW OFFICE AND PRIVATE BANK IN TURKU

eQ Bank opens a new branch office in Turku, which specialises in asset
management services, and expands its supply of investment and asset management
services in South West Finland.  In addition to asset management services, the
opening of a new office in Turku offers personal services to eQ's old
customers. 

“We believe that there is still room for a new local asset manager in Turku”
says Antti Mäkinen, CEO of eQ Bank. “We will bring our own stake into this by
providing the customers of South West Finland with an innovative and reliable
asset management specialist, which has the support of eQ Bank's resources and
knowledge,” continues Kimmo Lönnmark, an Investment Manager of Turku office. 

eQ Bank Turku will be opened in Hansakortteli and it will provide asset
management services to both private persons and institutions. In addition to
discretionary asset management, eQ Bank Turku offers investment consultation,
securities brokerage, structured products, and mutual funds. The asset
management follows open architecture. 

Local investment specialists work as the asset managers of eQ Bank Turku. The
founders and asset managers are Kimmo Lönnmark (fixed income), Karri Salmi
(equities), and Marko Riionheimo (alternative investments). The team has a long
experience in investment markets and local investors. The founders have worked
previously as investment managers in Turun Seudun Osuuspankki (OP-Private Turku
and Corporate Bank). 
 
The Turku office will be opened to customers during November 2007.
 
For more information:
 
Antti Mäkinen                           tel. +358 9 6817 8686            
Managing Director                       gsm. +358 50 561 1501 
eQ Bank Ltd.                            e-mail antti.makinen@eQ.fi

Lauri Lundström                         tel. +358 9 6817 8627
Head of Asset Management                gsm +358 50 555 2864
eQ Bank Ltd.                            e-mail lauri.lundstrom@eQ.fi

Kimmo Lönnmark                          tel. +358 50 312 2366            
Investment Manager
eQ Bank Turku Ltd.