NOTICE OF ADMISSION TO OFFICIAL LIST

The following securities have been admitted to the Official List of the Channel Islands Stock Exchange with effect from the time and date of this notice.

The listing of the following securities takes effect from 24 July 2012 at 08:00. 

Guaranteed Investment Products 1 PCC Ltd - Protected Cell 232
63,319 guaranteed participating redeemable preference GBP0.000001 shares
ISIN - GG00B8FB2411

The total number of guaranteed participating redeemable preference GBP0.000001 shares now listed on the Exchange is 429,213.

The application was sponsored by Mourant Ozannes Securities Ltd.

END OF ANNOUNCEMENT