This notice is to make the general public aware that Belay Management Limited (“the Company”) recently requested the Malta Financial Services Authority (“MFSA”) to accept surrender of its Category 2 Investment Services Licence. 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 the MFSA. Accordingly, with effect from 30th September, 2011, Belay Management Limited ceased to be licensed by the MFSA.

MFSA Ref: 43-2011