CNMV WARNS THE PUBLIC ON UNREGISTERED FIRM

Pursuant to the second paragraph of Article 13 of Law 24/1988, July 28th, the Securities Market Act, the Comisión Nacional del Mercado de Valores warns that:

HIBBER BOTHWELL CAPITAL PARTNERS

IS NOT AUTHORISED

to provide the investment services detailed in paragraph 1
and the ancillary services detailed in letters a), b) d), f) and g) of paragraph 2 of article
63 of the Spanish Securities Market Act, in relation to the financial instruments
detailed in article 2 of the said Act, including, to such effects, transactions on foreign
currency.

In addition, the CNMV warns the public that the contact address which appears in
the web page: www.hibber-bothwell.com is: c/ Valencia 214, Suite 102. 08011.
(Barcelona).

For any query, please contact the Comisión Nacional del Mercado de Valores enquiry
line at 902 149 200 or visit the CNMV’s web site (www.cnmv.es)

Oprettet d. 23.07.2003 og sidst redigeret d. 29.01.2008

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