Private Fiduciary Trust gmbh - Inveteratus Asset Management

The Austrian Finanzmarktaufsicht (FMA) has warned that Private Fiduciary Trust gmbh, with registered office in Vienna, and Inveteratus Asset Management, with registered office in Chicago (USA), are providing investment services without the required authorization.

(In Consob Informa n. 50/2004 - 27 December 2004)