**NEW MALTA GOVERNMENT STOCK ISSUES – 5.7% & 5.1**

The Malta Government announced the issue of two new stocks, namely the:

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5.7% MGS 2012 (iii) Fungible Issue with a premium of Lm105.95 per Lm100 nominal

5.1% MGS 2014 (iii) Fungible Issue with a premium of Lm103.64 per Lm100 nominal

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The stocks will open on 23rd April and close on 26th April.

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The Prospectus and Application Form for both issues have been attached for your perusal.

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Please call our offices on 21224410 for further details.