This notice is to make the general public aware that the Malta Financial Services Authority (“MFSA”) has been notified by Lloyds TSB Offshore Funds Limited (“the Scheme”) regarding the merger of Asian Pacific Fund and Japanese Fund into International Fund and Sterling Deposit Fund into Sterling Class of Lloyds TSB Money Fund Limited. As a consequence of such merger the Scheme has requested the MFSA to accept the surrender of the licence of Asian Pacific Fund, Japanese Fund and Sterling Deposit Fund. The MFSA has accepted the Scheme’s request. The surrender is entirely voluntary and does not arise as a result of any regulatory action taken by the MFSA. Accordingly, with effect from 15th December, 2010, Asian Pacific Fund, Japanese Fund and Sterling Deposit Fund ceased to be licensed by the MFSA.

MFSA Ref: 38-2010