TBY PARTNERS WITH BHM LANSKY, GANZGER & PARTNER

Azerbaijan, June 8, 2011—Leading international business and consultancy company The Business Year (TBY) has signed a partnership agreement with BHM Lansky Ganzger & Partner LLC, a joint venture combining local law firm BHM Baku Law Centre with Austrian Law firm Lansky Ganzger & Partner. The partnership will enhance business intelligence coverage on Azerbaijan with regards to the legal system. The Memorandum of Understanding (MoU) was signed in Baku by Mr. Anar Baghirov, Managing Partner of BHM Baku Law Centre, and Ms. Betul Çakaloglu, Country Director of TBY.

“The Business Year is an informative platform from which to present the thriving business climate in Azerbaijan to the international community, and we are happy to be contributing our legal expertise. Much of the legislation relating to commercial activities in Azerbaijan aims to assist foreign investors and this should encourage new businesses to enter the market," Mr. Baghirov said.

At the signing of the agreement, Mrs Çakaloglu added: “We consider ourselves fortunate to be working with BHM Lansky Ganzger & Partner, especially due to the depth of local commercial law knowledge the joint venture is able to provide through the combined information bank its partnership creates. The information BHM Lansky Ganzger & Partner will provide to The Business Year: Azerbaijan 2011 will give our review of the local business climate an added edge, especially for foreign investors."

Under the partnership arrangement, BHM Lansky Ganzger & Partner will provide their well-known expertise to TBY on Azeri legal issues so that TBY analysts can provide their readers with the most accurate information regarding the legal climate in Azerbaijan.

Throughout the course of preparing The Business Year: Azerbaijan 2011, the TBY team will conduct more than 200 face-to-face interviews with Azerbaijan's top decision makers in order to better understand and more accurately reflect the country's business sentiment.

The research will be published under the title The Business Year: Azerbaijan 2011, which will be one of the most comprehensive reviews of the Azeri economy published internationally. The target readership of the publication includes top executives, policy makers, and media representatives from all around the world. The initial demand for The Business Year: Azerbaijan 2011 reflects the deficit of business information on Azerbaijan. Although the publication is to be released in the second half of 2011, more than 80,000 copies have already been pre-ordered.

BAKU LAW CENTRE - LANSKY, GANZGER & PARTNERS LLC

BHM Lansky Ganzger & Partner LLC (BHM) combines the well-established central and eastern European experience of Vienna-based law firm Lansky, Ganzger & Partner (LGP) with the local knowledge of BHM Baku Law Centre LLC, the largest local law firm in Baku. BHM has over 10 years of experience operating successfully in Azerbaijan and LGP has a broad international practice, being represented throughout Europe and Eurasia.

Being a full service provider to foreign investors BHM Lansky Ganzger & Partner LLC helps clients pursue acquisition targets and structure new operations in Central Asia, enabling entry and access to regional markets. The joint venture draws on excellent governmental networks both in Central Asia and within the European Union, and advises both private and public sector clients in all areas of private and public law.

THE BUSINESS YEAR

The Business Year (TBY) is a leading provider of business investment consultancy services and publisher of yearly information resources on national economies and business environments. TBY provides accurate, timely and country-specific economic and business data, assessing the trends and developments of all the major economic sectors of the countries it conducts research. TBY presents the real opportunities and those creating them—diplomats, business people, civil servants, and key stakeholders—to introduce Azerbaijan and its many faces in the world of business.