Press Release

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Creative Project Financing

May, 2013

SUISSE INTERNATIONAL GROUP and it’s strategic Partners are an established international group of companies specializing in “Capitalized Underwriter Management” providing financial expertise to meet the needs of various clients.

In addition to underwriting and procuring collateral instruments for clients, one other specialties of the Group is its ability to offer creative financing and it has long standing, international expertise arranging such financing for projects of €50M or more.

Alexander Lau, the President/CEO, explained further, saying: “Even if a project has limited cash flow or the project promoter has no credit history and/or no collateral to secure the principal loan, or maybe not even enough funds to meet the interest reserve requirements, SIG has the unparalleled ability to structure complex project financing and, in some cases, may also take direct investment or joint venture/partnership positions.

Provided the project in question has enough liquidity to pay for the fees required for a bank to issue collateral with a face value of €10M, SUISSE INTERNATIONAL GROUP and their strategic Partners can help leverage this €10M bank instruments to €50M or more in order to fund the project.

SUISSE INTERNATIONAL GROUP and its strategic Partners’ commitment to clients reflects a philosophy that every client is important and each have specific needs which can be customized whether the client is well established or in a primary growth stage.

The Group seeks to add value to ongoing client relationships through its financial and strategic services and it is this all-round expertise which many project owners seek to utilize when requesting SUISSE INTERNATIONAL GROUP to assist in arranging complex project financing.


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Fund Management

March, 2013

Standard Life Wealth (“SLW”), one of the UK’s fastest growing discretionary fund management businesses1, today announces it has entered into an agreement with Newton Management Limited to acquire its private client division with assets under management of £3.6bn. The consideration of up to £83.5m will be ultimately contingent on the value of assets under management transferred to, and retained by, SLW. The acquisition is anticipated to be accretive to earnings in the first full year following completion.

The transaction is expected to more than triple SLW’s discretionary assets, creating a private client wealth manager in the UK with increased profitability, significant scale and market presence.

It represents a rare opportunity to acquire a high quality book of business, as well as a skilled and dedicated client-facing workforce, without any legacy operations or systems.

This accelerates Standard Life’s ambitions in the retail investment market, while balancing the strength of Standard Life Investments in the institutional and wholesale markets, and supporting further growth in fee-based business.

Newton’s Private Client business has approximately 3,000 UK and international High Net Worth, Ultra High Net Worth and a number of charity clients, and has strong distribution links with accountants and solicitors. Its distinctive, long-only investment proposition complements SLW’s volatility-managed, target-return solution, broadening SLW’s investment capability and giving clients more choice of investment styles to meet their goals. The combined business will leverage a pooled distribution capability across professional advisers, the charity sector and Standard Life’s extensive IFA network. All 79 directly-employed Newton Private Clients staff will transfer to Standard Life.

Richard Charnock, Chief Executive, Standard Life Wealth, said: “This acquisition complements SLW’s impressive growth to date and provides us with a unique opportunity to accelerate our onshore and offshore strategy. We are bringing together additional skills, clients and assets to create a discretionary wealth manager of significant scale and market presence.”

Caroline Tye, Head of Private Clients at Newton, said: “We are delighted to be joining such a highly regarded discretionary investment management business and are excited by the opportunities that it presents both for our clients and for the team. Standard Life Wealth places private clients at the core of its investment offering, enabling us to maintain our long tradition of tailored portfolio management focused on our clients’ individual needs and aspirations.”

The transaction is expected to complete within 7 months subject to completion conditions being satisfied, including receipt of applicable regulatory approvals.


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