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Trustee

Status

Forward Trust (Ireland) Limited is associated with

the Northern Bank and is a wholly owned

subsidiary of the £13,000m Midland Bank Group,

one of the largest banking groups in Europe.

Deposits with Forward Trust (Ireland) Ltd. now

qualify as investments under the Trustee

(Authorised Investments) Act. If you are a Trustee

or professional advisor to a Fund or Trust which

can only invest in Trustee investments contact:

The Deposits Manager,

Forward Trust (Ireland) Ltd.,

Griffin House,

7/8 Wilton Terrace,

Dublin 2.

Forward Trust

IIreland1 Ltd.

Telephone: 01-766975.

or any Forward Trust (Ireland) branch.