The British Virgin Islands Financial Services Commission (the "Commission") issues this public statement pursuant to Section 37A (4) of the Financial Services Commission Act, 2001.

The Commission issues this public statement to inform the public that in accordance with the amendment of 13 January, 2009 to the First directive, the Commission has granted approval for the third interim payment of a minimum of $200 million by Reserve International Liquidity Fund Ltd (the "Fund") through the proceeds of the redemption of shares.

Relevant Chronology: