Pamplona, 5th February 2009. COFIDES and SODENA sign a partnership agreement in order to strengthen cooperation as a means of supporting Navarran companies to establish in foreign markets.

The partnership agreement ensures a commitment from both institutions to promote their financial support when a Navarran company seeks to establish abroad. Indeed, SODENA will promote the financial instruments and resources managed by COFIDES, especially FIEX and FONPYME. Activities and seminars will be held to promote instruments and services offered by both institutions. Among the areas of cooperation covered by the partnership agreement will be the financial support provided jointly by both institutions to ensure the success of the international investment projects developed by Navarran companies.

> SODENA, the Navarra’s Business Development Agency, is a public limited company, with a majority direct shareholding by the Government of Navarre. SODENA carries out its activity by participating actively in business projects in different phases. The main financial instrument used in these projects is venture capital.