This notice is to make the general public aware that La Valette Funds SICAV plc (“the Scheme”) recently requested the Malta Financial Services Authority (“MFSA”) to accept surrender of the collective investment scheme licences granted in relation to the La Valette Capital Growth Fund and the La Valette European Opportunities Fund (“the Sub-Funds”). The MFSA has accepted the Scheme’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 9th March, 2010, the Sub-Funds ceased to be licensed by the MFSA.