PTCM.L Regulatory News (PTCM)

4 Sep 2007 11:02

TSE Group PLC04 September 2007 For Immediate Release 4 September 2007 TSE Group plc ("TSE" or "the Company") TSE opens a new office in Turkey The Board of TSE is pleased to announce that it's wholly owned subsidiary, TSEConsulting SA, has furthered its international reach with the establishment of anew office in Istanbul, Turkey. This new Turkish expansion is geared towards supporting the Turkish governmentand national sports federations in developing long-term sports strategies and inhosting international and national sports events. TSE Consulting SA has alreadydeveloped a solid client base in Turkey, and with the fast development of theTurkish economy and the strong sporting traditions in the country, Turkey is anatural next step for the Company. The new Turkish office will be headed by Orhan Gorbon, a Turkish basedconsultant. Over the past seven years, Orhan has taken part in many significantsports development projects in Turkey, such as the Bosphorus Cup sailing inIstanbul, the EURO 2012 bid, Istanbul Sports Inc., Olympic athlete developmentand many others. Orhan is a key and highly respected individual within theTurkish sports world and has a significant role in the growing impact of Turkishsports. Commenting on the expansion, Lars Haue-Pedersen, Executive Director, said: "With the addition of an office in Turkey we are pleased that we will now beable to serve our existing clients in the area better and help to increase theimpact of Turkish sports on the international level. Our new Turkish team,headed by Orhan, is extremely experienced and knows first hand the high level ofinterest and investment in sport that is present in Turkey. We are delighted towelcome the team on board and look forward to further expanding our client basein this region." For further information please contact: TSE Group plc Tel: 0207 245 1100 Paul Foulger, Finance Director www.tsegroupplc.com Beaumont Cornish Limited Tel: 0207 628 3396 Michael Cornish Note to Editors: TSE Consulting SA is a wholly owned subsidiary of TSE Group plc, a companytraded on AIM, a market operated by the London Stock Exchange. TSE Group plcintends, through organic growth and acquisitions, to become a verticallyintegrated group of specialised companies providing high level consultancyservices to governments and organising committees assisting them withresearching, bidding, planning, organising and evaluating major sports events.The successful Swiss based TSE Consulting SA is the platform upon which the restof TSE Group plc is based. TSE Group plc is committed to offering the completerange of services for governments and organising committees involved in majorsports events. This information is provided by RNS The company news service from the London Stock Exchange