CCIB Announcement

Dear Customers,
The recent events that occurred in the United States, including Lehman Brothers filing for bankruptcy protection, acquisition of Merrill Lynch by Bank of America, AIG pleading
for emergency support from Federal Reserve, our company declares as follow:

1. The financial products managed by CCIB do not currently invest in the equities of or bonds issued by Lehman Brothers, Merrill Lynch, AIG, Fannie Mae, Freddie Mac
    or other financial institutions with similar credit rating.

2. CCIB main focus is on asset management. We have not employed any of our own capital to engage in derivatives of Real Estate-related financial contracts. Therefore, the
    level of risk borne by CCIB and the captioned companies above are at different levels.

3. The subscription and redemption of CCIB products are still being proceeded in accordance with the operation flow stipulated by various financial regulations. We have
    never suspended or imposed any restrictions on redemption so far. Investors will not be affected by any changes of our operation flow.

CCIB would like to thank the investors from different countries around the world for their lasting support. In the future, CCIB will continue to upgrade our asset management
services and to strive for yield enhancement for its investors.

City Credit Investment Bank Limited
Updated on September 16, 2008