Tokyo, Japan, February 28, 2006 ? (JCN Newswire) ? Phillip Financials KK, a member of PhillipCapital, an integrated financial services group, announced today that the Company has received registration approval under the Japanese Financial Futures Law. The Company offers its customers direct access to the global currency market in the form of margin foreign exchange trading.

Lincoln Lim, President of Phillip Financials, commented that “We are extremely happy to have been one of the first companies in the industry to successfully receive this registration and we remain committed to providing quality service to our margin foreign exchange customers in Japan.

About Phillip Financials K.K.
Phillip Financials provides its customers with a comprehensive and robust 24 hour online trading platform and a well established and effective 24 hour multi-lingual Customer Service Support Centre. Phillip Financials KK was founded in 2002 and is a member of the PhillipCapital group. The Company is located in Tokyo, Japan.

About The PhillipCapital Group
PhillipCapital is a group of companies which offers a full range of quality and innovative financial services to retail, corporate and institutional customers. PhillipCapital is an integrated financial services provider with approximately 3500 staff in Asia and Europe and total shareholders’ funds in excess of US$1 billion. In Japan, member companies include PhillipCapital Japan, PhillipCapital Real Estate Japan, Phillip Financials, and Naruse Securities.

Contact
Phillip Financials KK
Tel: +81-3-3595-3621
Fax: +81-3-3595-3625
public-relation@phillip.co.jp
Website: http://www.phillipfinancials.com

Tokyo, Japan, February 10, 2006 ? (JCN Newswire) ? PhillipCapital, an integrated financial services group headquartered in Singapore, announced today the establishment of PhillipCapital Real Estate Japan YK (President, C. Jeffrey Char) to enter the Japanese real estate investment market

The new company will focus on investing in residential properties in central Tokyo and funds for these investments are being raised from Singaporean investors. The initial size of the fund is estimated to be approximately 10 billion yen, but the company may increase the fund depending on market circumstances and investor sentiment.

In November 2005, the company already purchased an apartment building in the upscale Nishi Azabu area of central Tokyo. The company expects to aggressively step up its investments in prime properties with the assistance of its asset manager The-Paper-Shredder May-07 , Mori Urban Planning Corporation. According to Mr. Char, “Real estate investment represents an exciting opportunity for us to expand into a new business area and increase our activities in Japan. We look forward to working closely with Mori Urban Planning to achieve our goals.”

About PhillipCapital Real Estate Japan YK
PhillipCapital Real Estate Japan YK invests in prime residential properties in central Tokyo. PhillipCapital Real Estate Japan was founded in 2005 and is a member of the PhillipCapital group of Singapore. The Company is located in Tokyo, Japan.

About The PhillipCapital Group
PhillipCapital is a group of companies which offers a full range of quality and innovative financial services to retail, corporate and institutional customers. PhillipCapital is an integrated financial services provider with approximately 3500 staff in Asia and Europe and total shareholders’ funds in excess of US$1 billion. In Japan, member companies include PhillipCapital Japan, PhillipCapital Real Estate Japan, Phillip Financials, and Naruse Securities.

PhillipCapital Japan KK and Phillip Financials KK of PhillipCapital group in Japan moved to the new office in Kabuto-cho.

The new contact information is below:

Office Address

Kabuto-cho Bldg. 4F, 4-3 Nihonbashi Kabuto-cho, Chuo-ku, Tokyo 103-0026 Japan - Map

PhillipCapital Japan KK
Tel: +81-3-3595-3640
Fax: +81-3-3595-3630

Phillip Financials KK
Tel: +81-3-3595-3621
Fax: +81-3-3595-3625
Website: www.phillipfinancials.com