Stock Spotlight for Wednesday, July 16, 2008: LGDI New Agreement Brings Big Financing!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Peter Antipatis of Capital Research Group Inc.

WESTON, FL–(EMWNews – July 16, 2008) – TheSUBWAY.com names the following stocks to its

Equity Spotlight List: Legend International Holdings, Inc (OTCBB: LGDI),

E*TRADE FINANCIAL Corporation (NASDAQ: ETFC), Evergreen Solar, Inc.

(NASDAQ: ESLR), Level 3 Communications, Inc. (NASDAQ: LVLT).

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Legend International Holdings, Inc (OTCBB: LGDI), with phosphate projects

in the State of Queensland, Australia, announced today that the Company has

entered into an extensive Agreement with the Indian Farmers Fertilizer

Cooperative Limited (“IFFCO”). The deal includes a financing arrangement

with possible total proceeds to Legend of over $100 million.

Legend CEO Joseph Gutnick said, “I am very excited by the opportunity to

work with IFFCO, a cooperative representing 50 million farmers and the

largest fertilizer company in the burgeoning Indian market. The long term

track record of IFFCO and its market coverage, provide Legend International

Holdings, Inc. a customer who has the capacity and financial strength to

commit to large volumes of phosphate on an annual basis for the life of the

project.”

Other stocks highlighted include E*TRADE FINANCIAL Corporation (NASDAQ: ETFC): Stock Pick List, up 2% on 26 million shares, Evergreen Solar, Inc.

(NASDAQ: ESLR): Stock Pick List, up 11% on 25 million shares, Level 3

Communications, Inc. (NASDAQ: LVLT): Stock Pick List, down 3% on 32 million

shares.

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