Unicredit (UK) Ltd

This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 22 of the Financial Supervision Act 1988.

Unicredit (UK) Ltd.

Member of Winston Banking Group (sic)

The Commission has recently become aware that members of the Public have been provided with documentation, in relation to the purported provision of loans, which bears the name of and alleges to be issued by the above entity. Within the aforementioned documents the above entity claims to have an address of Peel Road, Douglas, Isle of Man.

The above entity is not a company incorporated within the jurisdiction of the Isle of Man. It is not registered as a foreign company having established a place of business on the Isle of Man. It is not registered as a business name on the Isle of Man.

Neither the above entity nor the purported “Winston Banking Group” are licensed by us to undertake Banking or any other regulated activity in, on or from the Isle of Man.

A list of all institutions licensed by the Commission is available on our website at www.fsc.gov.im

The Financial Supervision Commission has established no association between the above entity and any genuine Isle of Man companies.

The Financial Supervision Commission has established no association between the above entity and any address in Peel Road, Douglas.

The Financial Supervision Commission has established no genuine links between the above entity and the Isle of Man.

Under the circumstances, the Commission would strongly urge persons considering dealing with the above entity to exercise the greatest possible caution before proceeding, bearing in mind the contents of this public notice.

Any persons who are already involved in any dealings with the above entity and have concerns should contact the Enforcement Division on +44 1624 689313 or by email to fsc@gov.im.

Any persons who have paid funds to the above entity should consider contacting their local Police Fraud Unit without delay.

For the complete avoidance of doubt the Commission wishes to make clear that the subject of this Warning is not in any way related to or associated with UniCredito Italiano Spa (also known as UniCredit), a genuine company incorporated in Italy with a Registered Branch in England and Wales. The genuine UniCredito Italiano Spa (also known as UniCredit) in the United Kingdom is based at 17, Moorgate, London, EC2R 6PH. The genuine UniCredito Italiano Spa (also known as UniCredit) is regulated by the Banca d’Italia in Italy and by the Financial Services Authority in the United Kingdom. Any persons having concerns as to whether they are dealing with the genuine UniCredito Italiano or a genuine subsidiary of the same, may wish to satisfy themselves by visiting their website at www.unicreditgroup.eu.

FSC Reference: JPM/06/2007

27th February 2007

(Updated 21st March 2007 to clarify position regarding unrelated genuine company)