Released on: October 17, 2007, 3:03 am

Press Release Author: Kempton Bedell-Harper

Industry: Financial

Press Release Summary: Rex Consulting Ltd, a Bulgarian legal and accounting services
firm, has joined the Russell Bedford accounting group as a Correspondent firm.


Press Release Body: Russell Bedford International, the worldwide network of
independent accounting and consulting firms, has announced that Rex Consulting Ltd
has joined the network as a Correspondent firm in Bulgaria.

Rex Consulting Ltd was founded in 1995 and is a multi-discipline accounting, tax and
legal services practice.

Ventsislav (Venzi) Vassilev is the founder, senior partner and majority shareholder.
Venzi studied Economics and Accounting at Bristol University in the UK. He then
worked for a Big-5 accounting firm before establishing his own practice. There are
four other partners: Yulia Peeva, Boris Vassilev, Petia Ivanova and Rossitza
Tzvetkova.

Rex Consulting and the law firm Bazlyankov, Stanoev & Tashev (BST) have formed a
strategic alliance. The two firms share newly refurbished offices in the capital,
Sofia. Rex also has a subsidiary in the town of Varna - the largest city on the
Bulgarian Black Sea coast. Another office was opened in May 2007 in the industrial
town of Plovdiv.

The majority of Rex Consulting's work is in the fields of accounting and tax,
including bookkeeping, payroll services and tax consulting. Rex Consulting has
arrangements with several independent auditors to support clients\' financial audit
requirements.

Rex has a multi-lingual staff and many overseas clients, especially foreign
investors in Bulgarian real estate.

For further information, contact Yulia Peeva at Rex Consulting on +359 2 981 11 07.
Alternatively, visit the websites at www.rexconsulting.com and
www.russellbedford.com or send an e-mail to sofia@rexconsulting.com .


END


Note to Editors

Russell Bedford International was established in 1983 by a group of medium-sized
independent accounting practices aiming to counter the market dominance of the major
multi-national accounting firms.

Russell Bedford is now a closely-connected global association of independent
accounting and business consultancy firms in key locations around the world, and is
represented by some 200 offices in more than 70 countries in Europe, the Americas,
the Middle East, Africa and Asia-Pacific.

All Russell Bedford affiliates are well-established firms offering international
business advice and services to local and multinational clients. Most provide a
full range of services comprising accounting, auditing, tax advice, general business
guidance and financial consulting. In addition, many have special expertise in
particular fields, such as international taxation or information technology.


Web Site: http://www.russellbedford.com

Contact Details: Russell Bedford House
250 City Road, London EC1V 2QQ
United Kingdom
T: +44 (0) 20 7410 0339
F: +44 (0) 20 7459 2337
E: info@russellbedford.com
W: www.russellbedford.com