Surrender of Licence by Grenfell Funds (SICAV) plc in respect of the AstralFund
FEBRUARY 20, 2007

This notice is to make the general public aware that Grenfell Funds (SICAV) plc (“the Scheme”) recently requested the Malta Financial Services Authority (“MFSA”) to accept surrender of the collective investment scheme licence granted in relation to the Astral Fund (“the Sub-Fund”). The MFSA has accepted the Scheme’s request. This surrender is entirely voluntary and does not arise as a result of any regulatory action taken by the MFSA. Accordingly, with effect from 20th February, 2007, the SubFund ceased to be licensed by the MFSA.