Surrender of Licence by Capital Asset Management Limited
FEBRUARY 24, 2017

This notice is to make the general public aware that Capital Asset Management
Limited (“the Company”) requested the Malta Financial Services Authority
(“MFSA”) to accept the 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 24 February 2017, the Company ceased to be licensed by the MFSA.

MFSA Ref: 28-2017