Graves, Stanley & Peabody Limited / www.gsp-international.com

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.

The Commission has recently become aware of the activities of the above entity which claims on its website to have some link to the Isle of Man.

This entity is not, nor ever has been licensed by the Commission to undertake any form of regulated business in, on or from the Isle of Man. The Commission has established no genuine links between this entity and the Isle of Man.

Entities with this name have previously been the subject of Public Warnings by the New Zealand Securities Commission and by the Netherlands Autoriteit Financiele Markten.

Under the circumstances the Commission would strongly urge persons considering dealing with this entity to exercise the greatest possible caution before proceeding, bearing in mind the contents of this public notice.

Any persons who are already involved in any dealings with the above entity and have concerns should contact the Enforcement Division on +44 1624 689313 or by e-mail to fsc@gov.im.

FSC Ref:JPM/12/03