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             THANEAKEA  PHUM (CAMBODIA), LTD. NEW CEO

Thaneakea Phum (Cambodia), Ltd.  (TPC),  a licensed Microfinance Institution in   Cambodia    wishes to announce  the appointment  of  Mr. Chuon  Sophal   as   Chief     Executive Officer (CEO)  effective  April 2,   2005. Photo  shows Mr. Chuon Sophal (left)  being congratulated  by  Mr. Mark T. Pierce, TPC Chairman of the  Board.