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October 6, 2007, San Francisco, California

New Board Member for Global Shares Inc.

Global Shares Inc., the US subsidiary of Global Shares Plc., is pleased to announce the addition of Navneet Govil to the Board of Global Shares Inc.. Mr. Govil will be joining Chairman Roy Bukstein, CEO Carine Schneider and COO Maoiliosa O’Culachain as an independent director.

Mr. Govil is currently the Controller of Microelectronics Group at Sun Microsystems, where he leads a staff responsible for providing overall business and financial management support, including ensuring strong financial analysis of major R&D investments, structuring sales of Sun technology to OEM partners, and providing financial input to the long term portfolio planning for the group.

Navneet’s experience encompasses business partnering, fiduciary compliance, operational efficiency, systems implementation, and financial management at Pfizer, Hewlett-Packard, and Sun Microsystems; investment banking at Citigroup and Fortistar Capital; and engineering at Motorola. In his most recent role, Navneet was Assistant Treasurer at Sun Microsystems. He has managed Sun’s global working capital, debt, foreign exchange, capital structure, and stock plan services.

A winner of the Alexander Hamilton award for innovation and best practices in Treasury, Navneet also serves on the Editorial Board of the Journal of Corporate Treasury Management. Navneet earned his MBA and Master of Engineering degrees from Cornell University.

“I’m honored to join the Board of Directors of Global Shares, a company I have come to admire for its focus on exceptional customer service and its deep financial reporting expertise. The combination of consulting and administration services they provide on a global basis is outstanding and truly differentiates Global Shares from the competitive marketplace. I look forward to working together with Carine, Maoiliosa, and the entire Global Shares team as we move to the next level.” says Navneet Govil.

Carine Schneider, CEO of Global Shares states, “I’m very excited to have Navneet join our board. With the increased focus on financial discipline for stock plans, it is important for our clients and employees to have a resource the caliber of Navneet. His experience is invaluable as the business community continues to become global and multinational companies, such as our clients, look to their partners for assistance in navigating the day to day complexities they face.“

Global Shares is based in West Cork, Ireland with operations in the United States, United Kingdom and China. It is currently supporting corporate clients on 4 continents, including the US, UK, China, South America and throughout Europe.

For additional information please contact: Global Shares, Robin Silke, 925-216-0404, .

About Global Shares
Global Shares’ mission is to support all companies that provide equity to their employees through administration and related consulting services to optimize the benefits for both the companies and their employees, by combining world class expertise, leading edge technology with excellent client service and total flexibility. Headquartered in West Cork, Ireland, it has operations in the US, UK and China.

Click here for a PDF version of this Press Release.

GLOBAL SHARES
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