Evolution Market Group Inc - Finanzas Forex Inc

By resolution no. 16720 of 5 December 2008, Consob has applied a suspension of 90 business days as a precautionary measure, pursuant to art. 99, subsection 1, paragraph b) of the Consolidated Law on Finance, on the IPO concerning financial products issued by Evolution Market Group Inc. and Finanzas Forex Inc. due to violation of art. 94 of said law.

Based on Consob supervisory investigations, evidence obtained indicates that Finanzas Forex is performing activities which essentially involve proposals to Italian investors, also via the Internet, of standardised investments arranged by the Evolution Market Group. Such activities further fuel grounds to suspect that an IPO involving financial products is being implemented in violation of art. 94 of the Consolidated Law on Finance, without prior publication of a prospectus. Hence the urgent issue of the measures, adopted pursuant to art. 99 of the Consolidated Law as mentioned above.

(In Consob Informa n. 48/2008 - 9 December 2008)