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WASHINGTON, D.C. -- March 13, 2007 -- Firsthand Funds reports
that it owns 38,000 American Depositary Receipts of Lenovo Group
Ltd., with market value of $308,799 as of Dec. 31, 2006.
Firsthand had disclosed ownership of the same number of ADRs in
its Sept. 30, 2006 report to shareholders.
One ADR equals 20 shares of Lenovo common stock. A total of
8,523,927,000 shares of Lenovo stock are outstanding as of
Dec. 31, 2006. Shares of Lenovo were traded at HKD2.870
(US$0.367) a share at the close of business on March 16, 2007.
Firsthand Funds is headquartered at 125 South Market, Suite 1200,
in San Jose, California.
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