SOURCE: Pink Sheets, LLC

November 19, 2007 09:34 ET

Roche Joins International OTCQX

NEW YORK, NY--(Marketwire - November 19, 2007) - Pink Sheets, LLC, the leading electronic inter-dealer quotation system, trading technology and financial information provider for over-the-counter (OTC) securities, today announced that Roche, one of the world's leading research-focused healthcare groups in the fields of pharmaceuticals and diagnostics, has chosen to upgrade its American Depositary Receipt (ADR) program to International OTCQX from Pink Sheets. Roche Holding Ltd's ADRs began trading today on International PremierQX, the highest OTC market tier, under the ticker "RHHBY." Investors can find real-time quotes, disclosure and financial information about Roche at and

"We are excited to welcome Roche as a world leader in the pharmaceuticals and diagnostics industry," said R. Cromwell Coulson, Chairman and CEO of Pink Sheets LLC. "By joining International OTCQX, Roche acknowledges its value as an efficient and affordable U.S. listing venue for foreign-based issuers. This listing will distinguish Roche among the highest-quality companies trading over-the-counter, enhancing awareness and trading visibility of its ADRs in the U.S. markets."

The Bank of New York Mellon will serve as Roche's ADR Depositary Principal American Liaison ("PAL") on International OTCQX, responsible for providing guidance on the company's International OTCQX-listing requirements and serving as a liaison between the company and the U.S. market.

Roche's ADRs have traded on the Pink Sheets over-the-counter market since 1992, before upgrading today to International OTCQX. Roche's non-voting equity security (NES) and Roche bearer shares are listed on the electronic SWX Swiss Exchange and its NESs are traded on the virt-x in London. Two of Roche's ADRs represent one NES.

About International OTCQX

International OTCQX provides a gateway to U.S. securities markets for international companies that are listed on a qualified international 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 Sheets LLC

Pink Sheets, LLC is the leading electronic inter-dealer quotation system, trading technology and financial information provider for the over-the-counter (OTC) securities markets. Its centralized information network includes services designed to benefit market makers, issuers, brokers and OTC investors. Pink Sheets information enhances the efficiency of OTC trading, provides better executions for OTC investors and improves the capital formation process for OTC issuers. For more information visit the Pink Sheets website at

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