FIMBank Group registers an increase in profits

FIMBank plc

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The Board of Directors met to approve the Audited Financial Statements for the financial year ended 31st December 2007. The FIMBank Group posted an after-tax profit of US$10.5 million in 2007 in contrast to the US$7.6 million registered in the previous year. The Bank increased its net interest income by 19% over the previous year, even though the interest income and expense increased in absolute terms, in line with the Bank’s activity through availability of more bank lines, customer and bank deposits and longer term funding sources.

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The turbulence in financial markets corrected the Bank’s bond portfolio during the second half of the financial year, however the realized/unrealized losses incurred on financial assets designated at fair value through profit or loss have been more than offset by realized and unrealized profits resulting from foreign exchange activities.

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The Board will also be recommending the payment of a scrip dividend of US$3.8023 per ordinary share, and a one for five bonus shares issue. Shareholders on the Register of the MSE as at close of trading on 13th March 2008 will be entitled to:

Receive notice of the AGM (10.04.08);

Be allotted shares issued pursuant to the bonus shares issue; and

Receive the scrip dividend, to be paid either in cash or by the issue of new shares at each shareholder’s option as from Monday 21st April 2008.

The attribution price for calculating the scrip dividend will be communicated at a date after 13th March 2008.

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For further details please click on the above heading.

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Grand Harbour Marina plc

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The Board of Directors is scheduled to meet on Friday 7th March 2008 to:

Consider and approve GHM’s final audited accounts for the financial year ended 31.12.07;

Consider the declaration of a dividend to be recommended to GHM’s AGM.

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Lombard plc

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Lombard Bank advised that Marfin Popular Bank Co. Ltd of Cyprus purchased 3,698,509 shares of a nominal value of EUR0.5823 each in Lombard equivalent to 42.86% of the Issued Share Capital of Lombard.

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Lombard also announced that it has appointed Julius M. Bozzino as Chief Officer — Private Banking & Corporate Advisory Services — and is expected to take up his position by May 2008.