Released on: September 11, 2008, 5:56 am

Press Release Author: Lisa Hardcastle

Industry: Financial

Press Release Summary: Worldwide Equity : Private Equity Placement do not see a
re-run of Bear Stearns fiasco.

Press Release Body: As the S&P 500 rebounded from a 1.7 percent retreat and
financial shares reversed a tumble of 4.2 percent to end the day 1.5 percent higher,
sources close to asset management firm, Private Equity Placement reportedly raised
its outlook on several stocks in key sectors.

Private Equity Placement suggested that markets may see an end to the worst of the
credit crisis after the apparently orderly nationalization of Fannie Mae and Freddie
Mac.

“They [Private Equity Placement] are not calling an end to the turmoil. They
envisage continued volatility in the near-term but are quietly confident that the
worst of the write downs in the financial sector are behind the market,” said the
unnamed source.

Private Equity Placement cited stocks in technology and energy as being spectacular
value for money following the recent sharp drops in global indices.


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