NEW YORK and LONDON, July 2 /PRNewswire/ --

- Addition of Two Senior Research Analysts in New York Further Positions
Pali Institutional Securities Business

Pali Capital, Inc., the US broker-dealer subsidiary of Pali Holdings,
Inc. today announced the further expansion of its research team in the United
States through the hiring of two senior analysts, covering the homebuilding
and building products sector and Chinese gaming, internet and media equities,
respectively. This expansion to coverage of homebuilding provides Pali with
the capacity for insight into a critical indicator for the overall economy in
the US.

Expertise in China complements existing resources in Pali's London
office. Coverage of these sectors in China is part of the broader effort by
Pali to deepen its Asia and Pacific Rim business, which includes our
anticipated approval by the Singapore Monetary Authority for Pali operations
in Singapore for Q4 2007.

The two new analysts in the US include Stephen East and Tian X. Hou.
Stephen East (seast@palicapital.com) joins Pali as a Managing Director,
Consumer Durables, covering the Homebuilding and Building Products equities.
Mr. East has followed these sectors for fourteen years, most recently at
Susquehana Financial Group and previously at Fiduciary Asset Management and
A.G. Edwards. His industry experience includes more than six years at
Monsanto, a diversified specialty chemicals company.

Tian X. Hou (thou@palicapital.com) has also joined Pali as a Managing
Director, China Technology covering equities. Ms. Hou has been following
these sectors for three years at C.E. Unterberg, Towbin and previously worked
as a strategist at Sanford C. Bernstein. Her industry experience includes
owning and operating a business in China, advisory work for the Chinese
central government, consulting for US companies entering China and as a
Business Strategy Consultant at IBM.

Brad C. Reifler, Chairman and Chief Executive Officer of Pali, commented:
"Over the past 12 years we have carefully invested into areas that we believe
are value-add to our institutional customer base, whether in terms of
structured products, fixed income and, of course, research. These most recent
additions to the research team demonstrate continued execution of our
business plan. Stephen and Tian bring both industry and Wall Street
experience to the table, providing credibility and serious insight for our
customers."

Mr. Reifler further stated: "Research is an important aspect to any
institutional equities business. Without strength in this area, a firm is
limited in terms of its overall contributions to the institutional client. We
have invested strategically in this area for years."

About Pali

Pali, a global institutional securities firm and investment bank, has
served an institutional money manager customer base from New York and London
over the past 12 years. Pali has 5 US-based analysts and 12 based in London
performing fundamental research on Europe and Asia equities and an
event-driven research team.

Headquartered in New York, with offices in Boston, Minneapolis and
London, Pali provides clients with institutional brokerage, securities
research, capital markets services and corporate finance advisory services.

For more information, please contact:

    Hilary Bergman,
    Chief Administrative Officer,
    Pali Capital, Inc.
    T: +1-212-259-2602
    E: hbergman@palicapital.com

    Derrelle Janey,
    Executive Vice President
    Pali Capital, Inc.
    T: +1-212-259-2627
    E: djaney@palicapital.com

    Patrick Egan,
    Chief Operating Officer,
    Pali International, Inc.
    T: +44-20-7190-0805
    E: Patrick.Egan@palii.com



Special Note On Forward-Looking Statements

This release contains "forward-looking" statements. Forward-looking
statements include statements about our future and statements that are not
historical facts. The forward-looking statements in this release pertain to
the future development and expansion of our business. Forward-looking
statements represent only our belief regarding future events, many of which
by their nature are inherently uncertain. The use of these forward-looking
statements does not infer that the results will be achieved. It is possible
that the actual results may differ materially from the anticipated results
indicated in these forward-looking statements.

The information contained herein, including any expression of opinion,
has been prepared for informational purposes only and is not an offer to buy
or sell any security or instrument.

Web site: http://www.palicapital.com