Goldsmith Investments Limited

August 14, 2003 - The general public is HEREBY ADVISED that Goldsmith Investments Limited is not a recognised or registered mutual fund under the Mutual Funds Act, 1996 (as amended).

Background
Goldsmith Investments Limited appears to be conducting mutual fund business from their office at PO Box 3152, Road Town, Tortola and from Goldsmith Investment Fund, 62 Wilson Street, London, EC 2A 2BU, England. The company is offering funds with a guaranteed annualised return. The company is not registered or recognised as a mutual fund under the Mutual Funds Act, 1996 (as amended). Members of the public are advised to exercise extreme caution in dealing with this company.

Robert Mathavious 
Managing Director 
Financial Services Commission

13 August, 2003