WASHINGTON, D.C. - Phoenix Capital, a leading independent investment bank in Kyiv, Ukraine, has been approved for membership in the U.S.-Ukraine Business Council (USUBC), the USUBC executive committee announced today on behalf of the entire USUBC membership of 148 companies and organizations who have business operations, investments or other development programs in Ukraine.

Phoenix Capital is focused on European emerging markets. They provide companies, institutional clients and high-net-worth private individuals with timely and dedicated advice and excellent investment products. Phoenix Capital was recognized by ISI DealWatch, Euromoney as the leading financial advisor in Ukraine for 2009 by total number of deals completed. Oleksandr Omelchuk is Chairman of Phoenix Capital.

The independent investment bank believes that compliance with world best practices in investment banking is the key to build entrusted relations with business owners and investors and provide both sides with high-touch expert services. Phoenix Capital works to remain a step ahead when it comes to analyzing markets, trends and investment opportunities in Ukraine thanks to the efficient and well-coordinated operations of all company divisions.

PROFESSIONAL EXPERTISE
The professional expertise provided by Phoenix Capital includes:

          Brokerage
          Research
          Investment Banking (Raising of equity and debt capital, Mergers and acquisitions)
          Private Banking

Some of Phoenix Capital's recent deals include:
         Agroton Public Limited $ 54,300,000 IPO of 26.2% stake on the Warsaw Stock

Exchange
         LLC “Ukraina Nova” Sale of a controlling stake
         Agroton Public Limited $ 42,000,000 Private placement of 25% stake 

PHOENIX CAPITAL AND USUBC
"I was first introduced to Phoenix Capital earlier this year by Jon McKee Queen, Head of International Sales. Jon used to be a member of the USUBC board of directors when he worked for another USUBC member," said Morgan Williams, Director, Government Affairs, Washington Office, for the SigmaBleyzer Private Equity Investment Management Group, who serves as President of the U.S.-Ukraine Business Council (USUBC).

"When I was in Kyiv in October Jon introduced me to Andriy Supranonok, Deputy CEO and Svitlana Bovkun, PR manager.  I met with them about Phoenix Capital's activity in international markets, especially in Europe. Andriiy said Phoenix Capital was interested in expanding their work and contacts in the United States.  He attended the USUBC sponsored luncheon with Ambassador Tefft. Andriy will represent Phoenix Capital on the USUBC board of directors," said Williams, "USUBC is very pleased to have the opportunity to work with such a leading independent investment bank as Phoenix Capital."

INFORMATION:  More information about Phoenix Capital can be found at: http://phoenix-capital.com.ua/en/.

USUBC MEMBERSHIP EXPECTED TO REACH 150 BY END OF 2010 
USUBC now has one-hundred forty-seven members.  Membership in January of 2005 was eight and in January of 2007 was 22.  Membership is expected to reach 150 by the end of 2010.  The complete list of USUBC members can be found at: http://www.usubc.org/members.php.  For a list of the USUBC board of directors go to the following link: http://www.usubc.org/site/u-s-ukraine-business-council-board-of-directors.