Capital Market Authority Chairman Dr. Hani Sarei El Din issued a decision on amending the provisions of unlisted securities trading (unlisted securities market) stipulating that as of Wednesday 2 January 2008 dealing on unlisted securities shall be restricted to ownership transfer market. Cairo and Alexandria Stock Exchange (CASE) should take necessary measures to transfer securities traded at orders market to ownership transfer market. The decision also indicated that CASE should announce the content of the related decision on its trading monitors and website. CASE is required to inform its members with that decision in its proper method. Also Chairman Sarei El Din issued a circular on defining the best definition of public subscription as per article 40 of the Executive Regulations of the Capital Market Law and its related provisions. The circular indicated that undefined individuals are invited to subscribe in securities for the first time (at issuance) whether at company establishment or at its capital increase.