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Rosenblatt, PKO Bank Polski Announce Exclusive Pact to Bring Polish/CEE Research to US Investors

Monday, May 16, 2016

New York and Warsaw: May 16, 2016. Rosenblatt Securities, a leading US boutique brokerage, and PKO Bank Polski, one of the leading financial groups in Central and Eastern Europe (CEE) and the leader of the Polish banking sector in terms of equity, assets, number of customers and distribution network, are pleased to announce they have signed an exclusive arrangement to bring CEE research, corporate access, execution services and capital-markets transactions to US institutional investors.

The pact marks an important step toward better access for major US institutional investors to markets in Poland, the Czech Republic, Hungary and Austria.

“US investors have long been active in these countries,” said Rosenblatt President and COO Joe Gawronski. “But many have been underserved. Our alliance with PKO Bank Polski aims to change that. We’re excited and honored to team with a nearly 100-year-old institution that is producing the region’s best research."

Added Evan Morgan, Managing Director and Head of Research Sales at Rosenblatt: “Recent emerging-market volatility highlights the need for timely, in-depth analysis of CEE markets. Over time, we expect even greater opportunities as listings increase and capital-markets transactions accelerate, positioning Rosenblatt to be the leading conduit for US institutions to CEE.”

“This collaboration agreement aims to expand PKO Bank Polski’s international product capabilities and to gain access to US institutions, who control the largest pool of investment assets globally,” said Wojciech ┼╗elechowski, Head of Sales at PKO BP Securities. “Rosenblatt’s institutional focus, reputation and experience successfully working with other emerging market banks and brokers made it the obvious choice.”

PKO Bank Polski employs 12 analysts covering 80 companies, representing more than 80% of the market capitalization in the Czech Republic, 75% in Hungary, nearly 70% in Poland and about 50% in Austria. It was Poland’s most-active local brokerage firm in 2015, accounting for 9.2% of market-wide value traded.

The deal represents the latest of Rosenblatt’s efforts to bring best-in-class research from abroad to its US institutional customers. The breadth and depth of the firm’s coverage illustrates its transformation from execution-only roots to a trusted source of differentiated, valuable investment research. Rosenblatt also has exclusive distribution partnerships with China Merchants Securities, Taiwan’s SinoPac Securities, Ak Investment of Turkey, Attijari Intermediation in Morocco, CardinalStone Partners in Nigeria, Global Investment House in Kuwait, Old Mutual Securities in Kenya and Al Rajhi Capital in Saudi Arabia.

About Rosenblatt Securities: Rosenblatt Securities is an independent institutional brokerage founded in 1979 and headquartered in New York. The firm represents clients on an agency-only basis in equities and ETFs. Rosenblatt is the largest broker by volume operating on the New York Stock Exchange floor. It also offers cutting-edge “upstairs” trading services, including both program and single-stock execution. The firm provides industry-leading execution analytics, market-structure analysis, consulting and investment-banking services to a wide variety of clients globally, including institutional investors, exchanges, government entities, technology companies, banks, brokers and proprietary-trading firms. Its growing research offering includes coverage of financial services, technology, media, and telecommunications and emerging, frontier and developed markets. Member NYSE, FINRA, SIPC. For more information, please go to www.rblt.com.

About PKO Bank Polski: Established in 1919, PKO Bank Polski is one of the leading providers of financial services in CEE, providing a comprehensive range of innovative financial solutions as a universal bank across retail and institutional banking, brokerage and asset management as well as investment banking services. For more information, please go to www.pkobp.pl.

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