Warning against Skipton Asset Management

Investor warning

The Financial Services Authority (“FSA”) of the United Kingdom would like to alert all recipients that:

SKIPTON ASSET MANAGEMENT
66 PAUL STREET
LONDON
EC2A 4NG

is NOT authorised under the Financial Services and Markets Act 2000 (“FSMA”) to carry on a regulated activity in the United Kingdom. Regulated activities include, amongst other things, advising on investments and dealing and arranging deals in
investments ("investments" include stocks and shares).

The FSA believes that this organisation may be targeting UK customers. Therefore, we have added this firm to our list of unauthorised firms operating in the United Kingdom. This list can be found at:

http://www.fsa.gov.uk/pages/Doing/Regulated/Law/Alerts/unauthorised.shtml

We note that the firm also has a website, www.skiptonassetmanagement.com.

The following UK-incorporated firms have no association whatsoever with the organisation discussed above identifying itself as Skipton Asset Management:

· Skipton Building Society (Companies House No: 03937073, FSA
Registration: 153706) The Bailey, Skipton, North Yorkshire, BD23 1DN

· Skipton Financial Services Ltd (Companies House no: 02061788, FSA
Registration: 100013)PO Box 101, Skipton, North Yorkshire, BD23 1XT

If you have any further questions on this matter please email our Consumer Contact Centre at consumer.queries@fsa.gov.uk, or alternatively by telephone on 0845 606 1234. Overseas callers can contact us on (+44) 20 7066 1000.