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TEP Exchange temporarily suspended from AIM

The TEP Exchange has been temporarily suspended from trading on the AIM market.

Shares in TEP Exchange were suspended with immediate effect at 1pm following the announcement that the company was unable to publish its audited results for the year ending December 31, 2008.

TEP Exchange is a web-based exchange for traded endowment policies enabling instant deals between market makers and IFAs.

The company says it is in the process of finalising its audited accounts and these are expected to be announced and posted to shareholders as soon as possible.

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