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New appointments in South Africa

6 December 2007

DOUBLE FIGURES AT FAIRBAIRN PRIVATE BANK

The South African team at Fairbairn Private Bank has recently doubled in size, with the appointment of three new individuals in its offices in Johannesburg and Cape Town.

Shaun Burrow will assume the position of private banker and will join colleague Guy Veysey in Cape Town, within the BOE offices. Shaun is making a move back home to South Africa from London. He has come from a financial advice and private banking background, and has specialist knowledge in providing advice to clients affected by the European Savings Directive.

Joining the Johannesburg team are Michael Tonkin, as personal banker, and Shahista Singh, as private banking assistant. Michael brings four years of banking experience with him, starting on an internship with Rand Merchant Bank, then moving into various private banking roles. Shahista joins the team with a strong education in financial and corporate management, with considerable experience in new business.

Commenting on the appointments, David Stearn, head of private banking, said, “I am delighted to welcome Shaun, Michael and Shahista to the company. Their arrival opens up new opportunities for the South African team and I, along with the rest of the bank’s staff, look forward to working with them in the future.”

ENDS

For Further Information:

Greg Horton or Janet Taylor                                                    Tel: +44 (0) 1624 645000

Issued By:

Lisa Creighton, Isle of Man Advertising & PR Ltd                     Tel: +44 (0) 1624 620440

Editors’ Notes

Fairbairn Private Bank operates a comprehensive private and personal banking operation on behalf of a wide range of clients. These include private individuals, small and large 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, 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.