Peter Engelberg resigns from his position as Managing Director of Banque Invik.

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Peter Engelberg has given his notice as Managing Director on February 25, 2010 after 3 years of loyal service. " I regret Peter's decision", says Anders Ek, Chairman. "Peter has come to the conclusion that he would like to pursue other opportunities in his career and we respect that of course and wish him the best of luck for the future". " I thank Peter Engelberg for his dedication to Banque Invik ever since he joined the Bank in 2007 and, in particular, for his excellent work as managing director since July 2009. To make this as smooth a change as possible for all of the bank's stakeholders, I have agreed with Peter that he should continue to head the bank as acting Managing Director during the coming months, until we find a suitable replacement". Anders Ek +352 27 751 264

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