Xinhua Finance CEO Ms. Fredy Bush Wins Amcham Women of Influence Award

Launched in 2003, the WOI awards are designed to recognize female achievement in a business world that is still dominated by men and encourage career excellence, honoring the winners and helping them inspire and motivate other women to reach the top of their professions. Along with Entrepreneur of the Year, the other categories of the award include Professional of the Year, Young Achiever of the Year, and Best Company for Women.

Quoted from South China Morning Post's Special Report on October 17, 2006, Professor Steve Dekrey, Chairman of the awards' judging panel, said of Ms Bush, "It is very impressive what she has been able to do with her finance company in five years. She has built it into a large, world-class enterprise. It is a unique undertaking, and it was not obvious it would work. The degree of risk she undertook was impressive and she overcame some significant obstacles. Doing business in China is not simple -- you need to be tenacious. It is also the first foreign company and the first China company to be listed on the Tokyo Stock Exchange. Those firsts show the entrepreneurial nature of Fredy Bush. That's what entrepreneurship is all about."

Fredy Bush started Xinhua Finance in November 1999, when China was still not part of the WTO and regulations in the financial markets remained unclear, but she saw this as an unprecedented opportunity. Founding the company from an idea, Fredy was set to build services based on internationally proven standards and localize them for China's markets, providing China with tools that domestic investors could depend on, and providing foreign investors with the services they are used to in their home markets. By early 2003, in slightly more than three years, Xinhua Finance had pioneered and brought into China four core services -- indices, ratings, financial news and investor relations. Today, the company has more than 1,000 employees, up from 99 in 2001, with 26 nationalities and 49% of the staff are women. It has offices in 19 locations and 20 news bureaus across the globe. The first China concept company to go public in Japan, Xinhua Finance's valuation reached US$600 million in 2006, grew from US$30 million in 2003, profitable in seven years with over $110 million in revenue.

Entrepreneur of the Year, Ms Fredy Bush, said, "This is an incredible honor. I am excited about being considered an entrepreneur because I believe entrepreneurs are the driving force of growth in economies globally and that means we create jobs. I feel encouraged to see that female contributions to the social prosperity are increasingly recognized. Women face even tougher challenges than men in achieving their career success. I hope awards such as Women of Influence help women recognize their own unique abilities. It is my desire that the public sphere would improve the disadvantaged and unequal dynamics for women in society.

"As entrepreneurs, we are risk takers by definition and pioneers by nature," added Bush, "I am proud of establishing Xinhua Finance which itself is an entrepreneurial story. We have hit some bumps along the way, but thanks to perseverance, we have weathered the storms. We have now set a fine list of precedents which have concretely impacted the way people and institutions invest in China. But more importantly, I am not alone as an entrepreneur. This award actually represents my team who chose to believe in a crazy dream I had back in 1999. I would not be here today if it were not for an incredibly talented and dedicated team at Xinhua Finance."

Fredy Bush, founder, CEO, and Vice Chairman of Xinhua Finance Limited, draws on over 20 years of experience and entrepreneurial success in the Far East. Prior to establishing Xinhua Finance, Fredy worked in Taiwan from 1985- 1990 to establish that its first official futures market. In 2004, Fredy was listed as one of the "Top 50 Women to Watch" globally by the Wall Street Journal. In May 2006, she was awarded the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations.

  Notes to Editors
  About Xinhua Finance Limited

Xinhua Finance Limited is China's unchallenged leader in financial information and media, and is listed on the Mothers board of the Tokyo Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China's financial markets and the world, Xinhua Finance serves financial institutions, corporations and re-distributors through four focused and complementary service lines: Indices, Ratings, Financial News and Investor Relations. Founded in November 1999, the Company is headquartered in Shanghai with 20 news bureaus and offices in 19 locations across Asia, Australia, North America and Europe.

For more information, please visit http://www.xinhuafinance.com/ . More Information: Xinhua Finance China Ms. Joy Tsang Tel: +852-3196-3983 / +852-9486-4364 / +86-21-6113-5999 Email: joy.tsang@xinhuafinance.com Japan Mr. Sun Jiong Tel: +81-3-3221-9500 Email: jsun@xinhuafinance.com Taylor Rafferty (Media/IR Contact) Japan Mr. James Hawrylak Tel: +81-3-5733-2621 Email: James.hawrylak@taylor-rafferty.com United States Ms. Ishviene Arora Tel: +1-212-889-4350 Email: ishviene.arora@taylor-rafferty.com Europe Mr. John Dudzinsky Tel: +44-20-7614-2900 Email: John.Dudzinsky@taylor-rafferty.co.uk