Released on = March 27, 2007, 5:02 am

Press Release Author = Russell Bedford International

Industry = Financial

Press Release Summary = Russell Bedford appoints Rahman Sarfaraz Rahim Iqbal Rafiq
Chartered Accountants as the network\'s member firm in Pakistan.

Press Release Body = Russell Bedford International, the worldwide network of
independent audit and accounting firms, has announced the appointment of Rahman
Sarfaraz Rahim Iqbal Rafiq Chartered Accountants as the network\'s member firm in
Pakistan.

Rahman Sarfaraz Rahim Iqbal Rafiq (RSRIR) was created in September 2006 as the
result of a merger between the firms Rahman Sarfaraz & Co., headquartered in Lahore,
and Rahim Iqbal Rafiq, based in Karachi.

Rahman Sarfaraz & Co. had its foundations in the professional practice of Abdur
Rahman Mir who started his practice in partnership with Sarfaraz Husain Siddiqi in
1980. Rashid Rahman Mir joined the firm in 2001 and Irfan Rahman Malik joined as a
partner in 2005.

Rahim Iqbal Rafiq was established in 1983 on the joining of Muhammad Rafiq Dosani to
the practice being carried on by Abdul Rahim Salim Bhai and Muhammad Iqbal Sumar.
Muhammad Waseem joined the partnership in 2001.

The combined firm has 11 partners and a team of almost 200 personnel, including
Chartered Accountants, tax advisers, lawyers, management consultants and IT
specialists.

The firm offers a comprehensive range of services including: assurance, audit and
review; accounting and compilation; corporate and personal tax, with a
specialisation in tax planning appellate work; computer consulting; M&A assistance;
liquidation, bankruptcy and receivership services; litigation and arbitration
support; personnel selection and recruitment; company secretarial and registrar
services; forensic accounting; business restructuring; public stock offerings;
feasibility studies; risk management and training.

The client-base covers a diverse range of sectors including: sugar, textiles and
other manufacturing; engineering and construction; farming, forestry and fisheries;
mining and quarrying; transport and communications; utilities; wholesale and retail
distribution; banking and insurance; professional services; hospitals and
healthcare; performing arts; tourism; and not-for-profit organisations.

For further information, contact Rashid Rahman Mir at RSRIR in Lahore on +92 42
5875965. Alternatively, visit the Russell Bedford website at www.russellbedford.com
.

END

Note to Editors

Russell Bedford International was established in 1983 by a group of medium-sized
independent accounting practices aiming to counter the market dominance of the major
multi-national accounting firms.

Russell Bedford is now a closely-connected global association of independent
accounting and business consultancy firms in key locations around the world, and is
represented by some 200 offices in more than 70 countries in Europe, the Americas,
the Middle East, Africa and Asia-Pacific.

All Russell Bedford affiliates are well-established firms offering international
business advice and services to local and multinational clients. Most provide a
full range of services comprising accounting, auditing, tax advice, general business
guidance and financial consulting. In addition, many have special expertise in
particular fields, such as international taxation or information technology.



Web Site = http://www.russellbedford.com

Contact Details = Kempton Bedell-Harper
Marketing Director
Russell Bedford International
Russell Bedford House
250 City Road, London EC1V 2QQ
United Kingdom
T: +44 (0) 20 7410 0339
F: +44 (0) 20 7459 2337
E: info@russellbedford.com
W: www.russellbedford.com