New Investment Opportunities – Capital Guaranteed!

Attractive investment opportunities…Capital Guaranteed!

HSBC BANK MALTA

HSBC Fund Management (Malta) Limited have brought to the market a proactive, dynamically managed structured investment — HSBC Global Multi-Asset Alpha Strategy (EUR) Note 2013, a first of its kind in Malta.

Potential annual return of 10%*

5 year Medium Term Note issued by HSBC Bank plc (S&P AA rating)

100% capital protection and no charges apply if the investment is held until maturity;

participation linked to currency, interest rate, equity and money market strategies;

a preferential rate of 4% per annum payable pro-rata from the date the subscription monies are received until the investment starts;

possibility to sell your investment on a weekly basis**.

Offer closes on 15 March 2008 or earlier if oversubscribed.

Please view the attached pdf for further details.

VALLETTA FUND MANAGEMENT

The Wignacourt Capital Guaranteed Commodity Fund is a 5-year investment denominated in euro, giving investors the opportunity to participate in a basket of soft commodities consisting of an equal weighting of Wheat, Cocoa, Orange Juice, Sugar and Coffee.

The Fund will commence trading on 21st February 2008 and offers full capital guarantee of the of the Original Investment Amount over the Investment Period whilst aiming to provide Shareholders with the higher of the 5% Minimum Return or the Basket Return linked to the performance of the Basket.

Please view the attached pdf for further details.