Nikko Citi Holdings Inc. (”Nikko Citi Holdings”) announced that a definitive agreement has been executed to sell all of the shares of NikkoCiti Trust and Banking Corporation (”NikkoCiti Trust”) to Nomura Trust & Banking Co. Ltd. (”Nomura Trust”). Nomura Trust will pay an all-cash consideration of 19 billion yen (US$197.1 million at an exchange rate of JPY96.42 to US$1.00), subject to certain purchase price adjustments, at the closing. The sale is expected to close in the fourth quarter of 2009, pending regulatory approvals and other closing conditions.

“This transaction is in line with Citi’s stated global priority to allocate capital and focus its resources on the best growth opportunities. Citi will maintain a strong presence in securities services and transaction services in Japan. We see significant opportunity for these businesses in Japan, which play to Citi’s key strengths” said Nikko Citi Holdings CEO Douglas Peterson.

Citi
Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Additional information may be found at www.citigroup.com or www.citi.com.

Certain statements in this document are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in these statements due to a variety of factors. More information about these factors is contained in Citi’s filings with the U.S. Securities and Exchange Commission.

NikkoCiti Trust and Banking Corporation
NikkoCiti Trust and Banking Corporation (”NikkoCiti Trust”) is a Citigroup subsidiary Established in August 1993 as Nikko Trust Banking Corporation, it changed its name to NikkoCiti Trust and Banking Corporation in 2001, following the transfer of 50% of its shares from Nikko Securities to Citigroup. NikkoCiti Trust is based in Tokyo Japan. NikkoCiti Trust is a trust banking vehicle that provides fiduciary / trustee services to Investment Trust Management Companies.

Investment management firm Cazenove Capital Management has launched a new website at http://www.cazenovecapital.com/ The site was developed and delivered by IS Solutions, incorporating a new design into a template-based site structure for consistency and flexibility. It has been based on EPiServer’s content management system, enabling automation of the publishing process and allowing content experts throughout the organisation to author and publish material quickly and easily.

The new site enhances the Cazenove brand by creating a more visually appealing look and feel, an improved user experience and greater depth and richness of content. This includes extensive information on investment funds as well as on Cazenove Capital’s leading private wealth management and charity services. The improved content has been made possible through the flexibility and ease of use of the EPiServer content management system and will help Cazenove Capital promote its services online to its target markets.

IS Solutions was responsible for the specification and development of the new site and the underlying content management technology. Both were delivered to Cazenove Capital to test, create the site structure and load content. EPiServer training was also provided and IS Solutions is continuing to provide support to Cazenove Capital’s in-house team now the site is live.

Victoria Woods, Head of Marketing at Cazenove Capital commented: “This is a significant development of our digital platform and will give us greater control and flexibility in the way we deliver content to our target market. EPiServer will also give us scalability and we are already working on a number of enhancements to our site.”

$5.1 billion Mansfield Oil Company announces the acquisition of C&N Companies, a leading ethanol marketer that represents 500 million gallons of ethanol production and 150 million gallons of biodiesel production capacity. This acquisition allows Mansfield Oil, which moved 2 billion gallons of motor fuel last year including a 450% increase in renewable fuel sales, to provide ethanol producers with an independent and financially strong marketing partner. Mansfield Oil operates from 650 bulk terminals and 900 supply points in 49 states and will begin marketing C&N products to refiners and blenders immediately.
“Our acquisition of C&N is a win for producers who need a thriving independent marketing partner with the financial strength to compete in today’s economy,” says J. Alexander, President of Mansfield Oil. “For ethanol plants, C&N dramatically deepens its relationship with refiners thanks to our established connections with all the oil majors.”

“Having someone with Mansfield’s expertise in downstream logistics and nationwide marketing capability is an attractive new development for the ethanol industry, and for its producers in particular. Mansfield can help bridge the gap between ethanol production and downstream consumption,” said Marlon Harrison General Manager Commercial Fuels, Motiva Enterprises LLC. “We’ve enjoyed a great relationship with Mansfield for decades and look forward to expanding our relationship.”

Doug Haugh, Executive Vice President and CIO at Mansfield Oil, is leading the transition team for Mansfield Oil. “I’m proud that the C&N executive team remains in place,” says Haugh. “This is a meeting of minds with substantial upside for both parties.”

Jon Bjornstad, who founded C&N in 2000, was advised through the acquisition process by Bill Fecht of WJF Services and Terry Monroe of American Business Brokers. He continues in the role of President. “I welcome this development with open arms and see it as delivering on my promise to create the best marketing possible for producers.” He cites that Mansfield’s deep roots with major refiners will give C&N customers a unique advantage in the market.

Mansfield Oil has the distribution capability that, coupled with C&N’s expertise in ethanol marketing, provides ethanol producers with more efficient access to refiners and blenders. Mansfield Oil and C&N are looking for more ethanol producers to join them in the next quarter as they aggressively expand C&N’s ethanol marketing opportunities with oil majors.

About Mansfield

Ranked #66 by Forbes, Mansfield Oil defines the next generation of downstream oil company, delivering a disciplined approach to fuel services across 49 states from over 900 supply points. Founded in 1957, the company has enjoyed double-digit growth for three decades. Mansfield Oil focuses on optimizing and controlling fuel-related costs with local service nationwide. The company annually delivers 2 billion gallons of fuel to corporations, fleets, retailers, convenience stores, and government agencies that demand the best value from a reliable fuel supplier and a strong return on investment from fuel systems. Mansfield Oil has headquarters in Gainesville, Georgia, with offices in Denver, Detroit, and Chicago.

Azzad Asset Management, Inc. today announced lower expenses for the Azzad Ethical Mid Cap Fund (ADJEX). The fund now offers one of the lowest expense ratios for an actively managed, socially responsible mutual fund. For a low $1,000 minimum investment the fund offers a low-cost solution for investors who want to include socially responsible investing as part of their investment strategy.
With an expense ratio of 0.99%*, the Azzad Ethical Mid Cap Fund is less expensive than many of its peers including:

Socially Responsible Fund Expense Ratio Parnassus Mid Cap 1.20% Calvert Mid Cap Value A 1.59% Ariel Appreciation 1.19% Source: Morningstar, www.morningstar.com.
“More than ever, shareholders are demanding lower cost funds. Unfortunately, socially responsible funds are generally more expensive than their peers,” said Bashar Qasem, Azzad CEO. “We want to open up socially responsible investing to all investors — especially those that may have avoided it because of higher fees.”

The Azzad Ethical Mid Cap Fund is a no-load mutual fund that avoids investing in unethical businesses including those that profit from alcohol, tobacco, gambling, weapons and conventional financial services. The fund favors companies with low debt, sound business practices and promising businesses.

Investors should consider carefully information contained in the prospectus, including investment objectives, risks, charges and expenses. You can view, download and print a prospectus on our website at www.azzad.net. Please read the prospectus carefully before investing.

About Azzad Asset Management, Inc.

Founded in 1997, Azzad Asset Management, Inc. is a socially responsible investment advisory firm located in the suburbs of Washington DC. In addition to serving as the investment adviser to the Azzad Funds, the firm sponsors a socially responsible asset allocation program and manages various model portfolios for institutional clients. More information is available at www.azzad.net.

*Effective July 1, 2009, Azzad Asset Management, the investment adviser for the fund, has agreed to waive all or a portion of its fees or reimburse the Fund for certain operating expenses, to the extent necessary to limit the Fund’s total net annual operating expenses to 0.99% of average daily net assets. This agreement is in effect for a ten-year period beginning July 1, 2009. “Operating expenses,” for purposes of the expense cap agreement, excludes brokerage costs, interest, taxes, litigation, and other extraordinary expenses. Any waiver or reimbursement of operating expenses by the adviser is subject to repayment by the Fund within three fiscal years after such reimbursement or waiver occurred, if the Fund is able to make the repayment without exceeding the 0.99% expense limitation.

The Taiwan Greater China Fund (NYSE: TFC), a diversified closed-end registered investment company listed on the New York Stock Exchange (the “Fund”), announced today that it has completed the repurchase of shares of its common stock in connection with the semi-annual repurchase offer that expired on June 12, 2009. The repurchase price per share was $5.18 (100% of the net asset value per share as determined at the close of regular trading on the Taiwan Stock Exchange on June 24, 2009, to which a 2% repurchase fee was applied, such that the net amount paid was $5.08 per share).
Approximately 29.41% of the Fund’s 13,062,568 outstanding shares of common stock were submitted for repurchase on June 12, 2009 and not withdrawn in connection with the repurchase offer. Because the Fund offered to repurchase up to 5% of its shares in the repurchase offer, the Fund repurchased submitted shares on a pro rata basis as described in the repurchase offer materials. Approximately 16.99% of the shares submitted by shareholders were repurchased.

The Taiwan Greater China Fund is listed and publicly traded in the United States. The Fund is organized for investment in securities of Taiwan issuers by non-Taiwan investors and follows an investment strategy of primarily investing in Taiwan listed companies that derive or expect to derive a significant portion of their revenues from operations in or exports to mainland China.