SOURCE: Pink Sheets LLC

August 01, 2008 09:00 ET

Marks and Spencer Group plc Joins International OTCQX

NEW YORK, NY--(Marketwire - August 1, 2008) - Pink OTC Markets Inc., the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, announced on July 21, 2008 that Marks and Spencer Group (PINKSHEETS: MAKSY) (OTCQX: MAKSY), a UK-based European retailer with over 900 stores worldwide, has chosen to list its American Depositary Receipts (ADRs) on International OTCQX.

Marks and Spencer's ADRs began trading today on the OTC market's highest tier, International PremierQX. Investors can find current disclosure and financial information for the company on and

"We are pleased to welcome a company of Marks and Spencer's caliber to the International OTCQX market tier," said R. Cromwell Coulson, Chairman and CEO of Pink OTC Markets Inc. "As an International OTCQX-listed company, Marks and Spencer distinguishes itself as one of the most prestigious companies trading over-the-counter, and provides U.S. investors with access to their latest news and disclosure information."

Deutsche Bank, which acts as Depositary for Marks and Spencer's ADR program, will serve as Marks and Spencer's Depositary Principal American Liaison ("Depositary PAL") on International OTCQX. Marks and Spencer's ADRs will trade in the U.S. on International OTCQX under the ticker "MAKSY" where each ADR will represent two ordinary shares.

Marks and Spencer's shares are also listed on the London Stock Exchange. The company is headquartered in London, England.

About Marks and Spencer

Marks and Spencer Group plc (LSE: MKS) is a retailer of clothing, food and home products in the United Kingdom. The Company is the holding company of the Marks & Spencer group of companies, and has over 600 United Kingdom stores, including Simply Food franchise stores, as well as an international franchise business, operating in 40 countries. Its core United Kingdom business comprises the individual business units of womenswear, lingerie, menswear, kidswear, home and food. The International segment consists of the Company's owned businesses in the Republic of Ireland, Hong Kong, Taiwan, Greece, a number of other Balkan states, Switzerland, the Czech Republic, Slovakia, Latvia and Lithuania, together with franchised operations.

About International OTCQX

International OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified non-U.S. exchange and provide ongoing disclosure in English to U.S. investors. More importantly, International OTCQX distinguishes the reputable international issuers from the 8,000 over-the-counter (OTC) securities traded in the U.S. Only leading companies that have substantial operating businesses and provide credible disclosure to the public are eligible for inclusion on the premium-tier International OTCQX, which commenced trading on March 5, 2007. For more about International OTCQX, visit

About Pink OTC Markets Inc.

Pink OTC Markets Inc. provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market. We create innovative technology and data solutions to efficiently connect market participants, improve price discovery, increase issuer disclosure, and better inform investors. Pink OTC Markets operates the third largest U.S. equity trading venue which includes both the elite OTCQX market tiers for strong OTC-traded companies that can satisfy financial and disclosure listing standards and Pink Sheets for all other OTC quoted securities.

Over 230 financial service firms, including the ten largest U.S. investment banks, actively make markets in OTCQX and Pink Sheets quoted securities and in 2007 these firms traded over $160 billion of OTCQX and Pink Sheets securities. Pink OTC Markets offers widespread access to all U.S. broker-dealers, enabling investors to seamlessly trade these securities through their institutional, online, or full service brokers.

Pink OTC Markets is headquartered in New York City.

To learn more about how Pink OTC Markets' products and services make OTC markets more transparent, informed, and efficient, please visit our websites at and or contact us at

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