1. Investors Europe Limited 944 Europort, Gibraltar. T 9567 50181 F 9567 51795 E info@investorseurope.com Registered Number : 81766 Regulated by the FSC www.fsc.gi “Trade the World from the Rock” A Presentation to the Swedish Chamber of Commerce Hotel Guadalpin, Marbella - 26th November 2004 1

2. Investors Europe Limited 944 Europort, Gibraltar. T 9567 50181 F 9567 51795 E info@investorseurope.com Registered Number : 81766 Regulated by the FSC www.fsc.gi “Trade the World from the Rock” A Presentation to the Swedish Chamber of Commerce Hotel Guadalpin, Marbella - 26th November 2004 2 Helicopter View of Today’s Presentation (Our) Aim and (Your) Expectation from this Presentation is to present three 20 minute presentations, after which you will have the opportunity to ask questions: ► The New European Directive and what it means to you by Emilio Gomez, Director of Baker Tilley Gibraltar. ► What is a regulated offshore broker and what protections and advantages does it bring you, by Pierre Boulle, Managing Director of investorseurope. ► What are CFDs and what advantages, as financial instruments, do they give you, by Thomas Friedrichkeit, Senior Institutional Salesperson of IG Markets, London ---------------------------- ► Question time. ► What is required to open an offshore trading account?

3. Investors Europe Limited 944 Europort, Gibraltar. T 9567 50181 F 9567 51795 E info@investorseurope.com Registered Number : 81766 Regulated by the FSC www.fsc.gi “Trade the World from the Rock” A Presentation to the Swedish Chamber of Commerce Hotel Guadalpin, Marbella - 26th November 2004 3 What is a Regulated Broker? A regulated broker is a licensed broker whose licence is a guarantee of quality; many conditions have to be met in order to be issued with a Broker's Licence. Application for a Broker’s Licence Capital requirements, Capital adequacy requirements Manpower requirements Procedural and management control requirements Hardware and software requirements Owners’ and Directors’ qualifications and references Final Inspection and issue of licence Ongoing Responsibilities and duties of a Regulated Broker 1.Capital adequacy ratios 2.Investor Protection scheme audits 3.Accountants and Auditors 4.Election of Directors and Senior Staff A regulated broker in Gibraltar is a financial institution regulated by the Financial Services Commission (FSC) which, by statute, must regulate according to the UK’s regulatory standards, as set out by the FSA, or better (appropriate European regulations apply). Go to www.fsc.gi

4. Investors Europe Limited 944 Europort, Gibraltar. T 9567 50181 F 9567 51795 E info@investorseurope.com Registered Number : 81766 Regulated by the FSC www.fsc.gi “Trade the World from the Rock” A Presentation to the Swedish Chamber of Commerce Hotel Guadalpin, Marbella - 26th November 2004 4 What Protection does Investors Europe Offer? Investor Protection Scheme The Investor Compensation Scheme Ordinance was passed on 14 June 2002 and came into operation on the 24th July 2003. The Scheme covers the following investments: Transferable securities, Units in collective investment undertakings, Money market instruments Financial-futures contracts (including equivalent cash-settled instruments), Forward interest-rate agreements (FRAs), Interest-rate swaps, Currency swaps, Equity swaps Options to acquire or dispose of any of the above instruments (including equivalent cash-settled instruments) e.g. currency options and interest-rate options. Professional Liability Insurance £1 Million Covers all employees, all clients Conflicts of Interest Own portfolio – None held. Own Positions / Market Making – None held or taken. Portfolio Management – Not carried out.

5. Investors Europe Limited 944 Europort, Gibraltar. T 9567 50181 F 9567 51795 E info@investorseurope.com Registered Number : 81766 Regulated by the FSC www.fsc.gi “Trade the World from the Rock” A Presentation to the Swedish Chamber of Commerce Hotel Guadalpin, Marbella - 26th November 2004 5 What Advantages does Investors Europe Offer as an Offshore Broker: Tax Free Trading. Execution of trades throughout the world with zero tax on profits Guarantee of Confidentiality. Asset Protection. When trades are executed throughout the world they can be executed in Investorseurope’s name. Excellent prices because of the volume of business regulated institutions already execute through us on the various platforms we make available for them. Which Financial products does Investors Europe execute for its clients : Global Stocks and, bonds, Global Futures and Options, Commodities, Forex, Funds, Hedge Funds, Funds of Funds, CFDs – basically the vast majority of mainstream global financial products available. Which Financial intermediaries and which trading platforms does Investors Europe execute for its clients : Most major intermediaries including the largest Futures & Options broker in the world and one of America’s biggest stockbrokers. Currently, we offer 8 different trading platforms to clients. Which type of clients does Investors Europe work with : Other regulated institutions and High Net Worth Investors (HNWI) wanting the same sort of personalised service we give our regulated clients.