Asia Pacific Group (“APG”) -

This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 22 of the Financial Supervision Act 1988.

Asia Pacific Group (“APG”) -

Asia Pacific Holdings Limited, Asia Pacific Fund Managers Limited, Asia Pacific Group
Investment Inc., Asia Pacific Asset Management Limited, Asia Pacific Investment
Management Limited, Asia Pacific Investment International Trust, Asia Pacific
International Custodian Limited.

APG, through the above website, offers a wide range of financial services to the public. According to the website, two of the entities listed above are incorporated in Anguilla and the British Virgin Islands. The place of incorporation of the other entities is unknown. However, APG claims to have operations in over 30 countries. The registrant of the website, Asia Pacific Fund Limited, appears to be in Bangkok, Thailand.

One section of the website lists a number of jurisdictions under the list of entities mentioned above, seemingly to suggest that one or more of the entities has a presence in those jurisdictions, although this claim is not explicitly made. The Isle of Man is one of the jurisdictions listed.

The services offered on the website constitute investment business as defined in the Investment Business Act 1991-1993. To conduct investment business in or from the Isle of Man requires a licence from the Commission, or exemption from licensing.

The Commission would like to clarify that the Asia Pacific Group and the entities listed above are not licensed to conduct investment business, nor do they qualify under any exemption from licensing.

Under the circumstances, the Commission would urge any persons considering entering into a business relationship with APG, or any of the entities listed, to exercise the greatest possible caution before proceeding, bearing in mind the content of this Public Notice.

Any persons who are already involved in any dealings with these entities and have concerns should contact the Enforcement Division on +44 1624 689312 or by email to