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Warning – Non Regulated Entity – IG Administrative and Custodial Service


The National Securities Commission of the Republic of Panama (Comisión Nacional de Valores de la República de Panamá-CNV), according its legal duty to protect the securities market in Panama, in compliance with regulations of the Decree Law No.1 of July 8th of 1999 and its agreements, warns the public as follows:

1. The company IG Administrative & Custodial Services Inc., incorporated in the Public Registry of Panama under Form number 504527, Document 846285of the Trade Section, has not been issued any kind of license by the Commission, nor has been authorized to carry out businesses as a financial intermediary of securities or investments in or from Panama.

2. The activities of this company are not subject to regulation and supervision of the CNV, which can’t endorse or guarantee the performance of its operations.

3. Any questions about the information above, contact us at the phone (507) 501-1700, fax (507) 501-1719 or by email to info@supervalores.gob.pa.

June 28, 2010.

Alejandro Abood Alfaro