Released on: October 16, 2007, 8:38 am

Press Release Author: Russell Bedford International

Industry: Accounting

Press Release Summary: J. Monteiro & Associados SROC, a member of Russell Bedford
International, has been granted a licence by the Portuguese Securities Market
Commission (CMVM) to audit companies listed on the Lisbon Stock Exchange.


Press Release Body: Worldwide accounting group Russell Bedford International has
announced that its Lisbon member firm, J. Monteiro & Associados SROC, has obtained a
licence from the Comissão do Mercado de Valores Mobiliários (CMVM) to perform
financial audits of companies listed on the Lisbon Stock Exchange.

Commenting on his firm\'s success, managing partner José Monteiro explained: \"This
achievement is the result of our firm\'s recent growth together with our ability to
demonstrate quality in all the services rendered to our clients.\"

J. Monteiro & Associados, a specialist audit firm with offices in Lisbon and Porto,
joined Russell Bedford International in 2004. The firm is a registered audit
practice - Sociedade de Revisores Oficiais de Contas (SROC) - and serves clients
throughout Portugal. In addition to statutory financial audits, the services
offered include voluntary audits, due diligence reviews and assistance with
tax-related matters. Clients range from private companies to banks, insurance
companies and governmental organisations.

The CMVM, the Portuguese Securities Market Commission, was established in 1991 to
supervise and regulate entities operating within the securities and other financial
instruments markets in Portugal.

For further information, contact José Monteiro at J. Monteiro & Associados on +351
21 712 0734 or Kempton Bedell-Harper at Russell Bedford International on +44 20 7410
0339. Alternatively, visit the website at www.russellbedford.com.

END

Note to Editors

Russell Bedford International was established in 1983 by a group of medium-sized
independent accounting practices aiming to counter the market dominance of the major
multi-national accounting firms.

Russell Bedford is now a closely-connected global association of independent
accounting and business consultancy firms in key locations around the world, and is
represented by some 200 offices in more than 70 countries in Europe, the Americas,
the Middle East, Africa and Asia-Pacific.

All Russell Bedford affiliates are well-established firms offering international
business advice and services to local and multinational clients. Most provide a
full range of services comprising accounting, auditing, tax advice, general business
guidance and financial consulting. In addition, many have special expertise in
particular fields, such as international taxation or information technology.


Web Site: http://www.russellbedford.com

Contact Details: Kempton Bedell-Harper
Marketing Director
Russell Bedford International
Russell Bedford House
250 City Road, London EC1V 2QQ
United Kingdom
T: +44 (0) 20 7410 0339
F: +44 (0) 20 7459 2337
E: info@russellbedford.com
W: www.russellbedford.com