John Bagdonas joins Global Shares as VP Business Development

Clonakilty, Ireland - Global Shares, the independent share plan administration company, is pleased to announce that John Bagdonas CEP will be joining Global Shares in New York as Vice President, Business Development, effective from August 29th, 2011.

Currently, John is a Board Member, Treasurer and Chair of Finance Committee for the Global Equity Organization (GEO). In addition, he has served as a member of the advisory board of the Certified Equity Professional Institute from 2001 to 2008. John has over 20 years' experience in the equity compensation arena and is a frequent speaker and presenter at local, national and international events with GEO, World at Work, National Association of Stock Plan Professionals (NASPP), British American Business, ifsProShare, and the CEPI Symposium etc.

John has been affiliated with Global Shares for a number of years and has partnered with us on key consulting initiatives including the oversight of the implementation of equity-based plans for a major financial services client; project management of an enterprise-wide data audit of global stock plans, management of an equity plan implementation, records conversion and financial reporting migration for a major IT company; and providing on-going support to our US sales team.

Maoiliosa O'Culachain, Head of Business Development, said "With the appointment of John, who is a recognised leader in the share plan space, as a senior business development executive, Global Shares expands its footprint in the US. This appointment, and the opening of our new office in New York, is an important piece of our growth strategy globally."

ABOUT GLOBAL SHARES

Global Shares is a leading independent provider of outsourced share plan administration and related services to companies globally. Established in December 2005 and based in West Cork, Ireland, Global Shares also has operations in the United Kingdom, the United States and China.

Focusing solely on equity plans; Global Shares' mission is to optimize the benefits of share plans for both companies and their employees globally. We constantly strive to achieve this through excellence in administration, communications and client service, by applying world-class expertise and by leveraging leading-edge technology with a client-centred approach.

With over 150 clients globally (86 of which are administration clients) with head offices in 18 different countries on 4 continents, over 300,000 eligible employees across 70 or so countries, Global Shares administers plans for companies listed on NYSE or NASDAQ; London; EuroNext Amsterdam; Helsinki; Milan; Oslo; Taipei; and Tokyo. Global Shares provides administration services for the largest private company in the US, a Fortune 100 company, 4 EuroStoxx 50 companies, and a number of FTSE 250 companies.

FURTHER INFORMATION:

Please contact:

Maoiliosa O'Culachain at moculachain@globalshares.com or at +353 87-222-0266;

Gil Lopez at glopez@globalshares.com or at +1 650-793-3575; or

John Bagdonas at jbagdonas@globalshares.com or at +1 908-247-2227