Surrender of Recognition Certificate by Lombard Asset Managers Limited
APRIL 24, 2009

Lombard Asset Managers Limited (“the Company”) has recently requested the Malta Financial Services Authority (“MFSA”) to accept the surrender of the Fund Administration Recognition Certificate. The MFSA has accepted the Company’s request. This surrender is entirely voluntary and does not arise as a result of any regulatory action taken by MFSA. Accordingly with effect from 24th April, 2009 the Fund Administration Recognition Certificate has been surrendered.