This notice is to make the general public aware that Somerset Management (Malta)
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 23 August 2018, the Company ceased to be licensed by the MFSA.

MFSA Ref: 72-2018