Tokyo, Japan, February 28, 2006 – (JCN Newswire) – Phillip Financials KK, a member of PhillipCapital, an integrated financial services group, announced today that the Company has received registration approval under the Japanese Financial Futures Law. The Company offers its customers direct access to the global currency market in the form of margin foreign exchange trading.

Lincoln Lim, President of Phillip Financials, commented that “We are extremely happy to have been one of the first companies in the industry to successfully receive this registration and we remain committed to providing quality service to our margin foreign exchange customers in Japan.

About Phillip Financials K.K.
Phillip Financials provides its customers with a comprehensive and robust 24 hour online trading platform and a well established and effective 24 hour multi-lingual Customer Service Support Centre. Phillip Financials KK was founded in 2002 and is a member of the PhillipCapital group. The Company is located in Tokyo, Japan.

About The PhillipCapital Group
PhillipCapital is a group of companies which offers a full range of quality and innovative financial services to retail, corporate and institutional customers. PhillipCapital is an integrated financial services provider with approximately 3000 staff in Asia and Europe and total shareholders’ funds in excess of US$300 million. In Japan, member companies include PhillipCapital Japan, PhillipCapital Real Estate Japan, Phillip Financials, and Naruse Securities.

Contact
Phillip Financials KK
Tel: +81-3-3595-3621
Fax: +81-3-3595-3625
public-relation@phillip.co.jp
Website: http://www.phillipfinancials.com