BOYDS, MA–( EMWNews – March 31, 2008) – Wambia Capital is seeking investors who wish to

invest in African Marketable Securities, Private Equity, and in Project

Finance deals. Target clients include institutional investors and

Qualified High Net-Worth Individuals. Wambia Capital accepts mandates for

custodial, discretionary, non-custodial, and non-discretionary accounts. It

is also accepting applications from eligible potential clients (i.e.

institutional and high net worth investors) who wish to invest in the much

anticipated Safaricom Initial Public Offer (IPO) in Kenya through the

investment banks with which Wambia Capital has strategic relationships.

Wambia Capital will assist investors to access the allocation to Morgan

Stanley or directly with Kenyan investment banks. In order to comply with

the tight schedule for the Safaricom IPO (which opened on March 28th, 2008

and will close on April 23rd, 2008), Wambia Capital must receive such

expressions with indications of number of shares and amount of cash

available to invest, (USD Equivalent in foreign currency) in writing

(email) by COB April 10th, 2008. Wambia Capital will provide professional

assistance to eligible applicants for a fee.

Wambia Capital has arrangements for investment research, strategy, and best

execution (brokerage) with top-tier investment banks in Kenya.

ABOUT WAMBIA CAPITAL

Wambia Capital is a Registered Investment Adviser (RIA). It has a deep and

diverse bench of professionals with world-class qualifications and

extensive global experience which it brings to bear on its advisory

services and transactions. Wambia Capital provides investment and risk

advisory services by: (i) Investing in African Securities through brokers

and dealers in the US for American Depository Receipts (or ADRs) of African

companies, in Africa for locally quoted securities, and structuring Private

Equity; (ii) Fund Placement (Sourcing Deal-Flow) on behalf of institutional

investors; (iii) Fund Raising (Financing) from institutional investors

such as Exim-Bank, OPIC, IFC, MIGA, East African Development Bank,

Investment Banks and Hedge Funds on behalf of companies; and (iv)

Performing Due Diligence focused on governance, risk & control and,

internal audits. Wambia Capital’s close relationships with key corporate

and institutional players provide our clients with unique access and

insights into the most exclusive co-investment opportunities in Africa, and

are additional distinguishing features of its value added proposition.

Wambia Capital does not sell African (or any other) securities, nor is it

an agent of any firm that sells such securities; its investment advisory

services do not constitute or imply an offer to sell securities.