Cyprus Securities and Exchange Commission

Address: Arc. Makariou III 50, Alpha Bank House, CY-1065, Nicosia

Licence Number: 062/06 (Voluntary Renunciation)

Licence Date: 13/01/2006

Company Registration Number: 136888

Telephone: +357 22 283 270

Fax: +357 22 250 226

E-Mail: info@pcmadvisers.com

www.pcmadvisers.com

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Reception and transmission of orders in relation to one or more financial instruments:	1,2,3,4,5,6,7,8,9,10
Execution of orders on behalf of clients:	1,2,3,4,5,6,7,8,9,10
Dealing on own account. :	1,2,3,4,5,6,7,8,9,10
Portfolio management. :	1,2,3,4,5,6,7,8,9,10
Provision of investment advice:	1,2,3,4

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Safekeeping and administration of financial instruments, including custodianship and related services:	1,2,3,4,5,6,7,8,9,10
Granting credits or loans to one or more financial instruments, where the firm granting the credit or loan is involved in the transaction: :	1,2,3,4,5,6,7,8,9,10
Foreign exchange services where these are connected to the provision of investment services: :

P.C.M. Advisers Ltd