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Sponsorship of new elite multisport team

11 February 2010

OFFSHORE BANK TO SPONSOR NEW ELITE MULTISPORT TEAM

Fairbairn Private Bank is proud to announce its sponsorship in South Africa of the Fairbairn Private Bank Multisport Team (“Team FPB”) for 2010.  The offshore bank is wholly owned by Nedbank, a member of the Old Mutual Group, and has a representative office in South Africa.  Team FPB has been developed as an extension of the very successful Fairbairn Private Bank Cycling Team which was launched at the start of 2009.  Team FPB will race at an elite level, participating in all the major multisport and mountain biking events during 2010, including the Absa Cape Epic, Ironman and the national mountain bike cross-country and track cycling circuit.  Team members include previous national triathlon champions Raoul de Jongh and Brett Chilcott, plus well-known mountain bikers Cornelius Muller, Craig Boyes and Louis Bresler-Knipe.

Team FPB will also encompass a charity aspect for the Cape Epic through a venture known as Rok This in Cape Town.  Rok This is a philanthropic venture which generates clothing and food for the homeless people of South Africa and the team members will raise money for the venture with every kilometre they race.  In addition Team FPB also supports the Durbanville Children’s Home. Team FPB is particularly focused on youth development and actively seeks young up-and-coming talent that can be nurtured within the team structure. This program has already shown value as a 2009 team member recently secured a professional contract.  The team is also affiliated to ATC Multisport, the largest multisport club in South Africa.

Fairbairn Private Bank is joined by numerous other supporting sponsors, including Sport-X Supplements, Whaspgel, Rockets Compression Garments and Sludge Sealants. Team FPB will ride the newly released 2010 Morewood bikes, manufactured locally in Pietermaritzburg.  Well-known biokineticist, Liné Griffiths, who has also worked with The Bulls and Specialized teams, will manage Team FPB and work closely with the younger members of the team.

“We believe that the profile of multisport and the rapid growth in the sport provide excellent synergies with our client base, and are excited about the opportunities that this sponsorship brings to Fairbairn Private Bank,” commented local bank representative, Guy Veysey.

Ends

For further information:

Guy Veysey, Fairbairn Private Bank     Tel: +272 1416 6176

Photograph Available.

About Fairbairn Private Bank
Fairbairn Private Bank operates a comprehensive private and personal banking operation on behalf of a wide range of clients. These include private individuals, non-trading companies, trusts, governments and institutional investors. A full range of banking, investment, trust and corporate services can be accessed through its offices in the Isle of Man, Jersey, London and its representative office in South Africa.

Fairbairn Private Bank is a member of the Old Mutual Group.

When referring to Fairbairn Private Bank – please ensure that the company name is printed in full and not abbreviated.