SOURCE: Chanticleer Holdings, Inc.

March 08, 2007 09:00 ET

Chanticleer Holdings Approved for Trading on the Frankfurt Stock Exchange

CHARLOTTE, NC -- (MARKET WIRE) -- March 8, 2007 -- Chanticleer Holdings, Inc. (OTCBB: CEEH), a Business Development Company, announced today that it has been granted permission to trade its shares on the Third Market Segment of the Frankfurt Stock Exchange. The Frankfurt trading symbol is "H3D" and the German securities code: (WKN) is A0MLXD.

Chanticleer Holdings CEO Mike Pruitt commented, "We are very pleased to have been approved for trading on the Frankfurt Stock Exchange. Trading on the Frankfurt Exchange will increase the profile of Chanticleer Holdings and enable both individual and institutional investors throughout Europe better access to the trading of our shares."

Mr. Pruitt said, "We believe that the Frankfurt Stock Exchange listing will enhance our corporate visibility and provide substantially improved liquidity in our common stock. Additionally, this corporate action will enable us to more easily communicate Chanticleer's unique value to reach a much larger European audience and a wider pool of investors."

The Frankfurt Stock Exchange:

The FWB Frankfurter Wertpapierborse is the world's third largest organized Exchange-trading market in terms of turnover and dealings in securities. It accounts for more than 75 percent of the total securities turnover in Germany and is therefore the most important of the eight German stock exchanges. The public guarantor of the FWB is the Deutsche Börse AG whose duty it is to ensure the full viability of trading in securities. With the support of state-of-the-art computer-based trading, processing and information systems the Frankfurt Stock Exchange has been able to keep pace with the ever-increasing demands of the international stock market business. There is a full spectrum of computerized security trading available through Xetra® in addition to the traditional floor trading. Xetra® was established in November 1997 and has enabled the FWB to consolidate its existing competitive edge and create an attractive framework for international investors and market participants. The cosmopolitan atmosphere Frankfurt enjoys is demonstrated in the membership structure of the stock market where more than 70 foreign banks and financial service companies are counted among the total of more than 330 members.

About Chanticleer Holdings, Inc.

Chanticleer Holdings is a closed-end investment company that invests in value-based opportunities that are typically either privately held or considered small or micro cap publicly traded companies. Chanticleer's investment objective is to generate both current income and long term capital appreciation through debt and equity investments. Chanticleer Holdings, Inc. has elected to be treated as a business development company under the Investment Company Act of 1940 ("1940 Act").

This press release contains forward-looking statements subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statement of historical fact (including statements containing the words "believes," "plans," "anticipate," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements. These factors are identified from time to time in our filings with the Securities and Exchange Commission. We undertake no obligation to update such statements to reflect subsequent events.

Contact Information


    Chanticleer Holdings, Inc.
    Mike Pruitt, CEO
    (704) 366-5122

    Investor Relations
    ZA Consulting, Inc.
    (212) 505-5976

    Mercantile Ascendency NewsWire
    Angela Junell