Uniworld Global Management Ltd - ADVISORY WARNING

The general public is HEREBY ADVISED that Uniworld Global Management Ltd. is not licensed to provide management services to mutual funds under the Mutual Funds Act, 1996.

Uniworld Global Management Ltd. (the “company”) appears to be conducting mutual fund business from the following addresses:

British Virgin Islands
PO Box 362
Road Town

United States of America
46th Floor, 140 Broadway
New York, NY 10005

United Kingdom
60 Lombard Street
London, EC3V, 9EA

Level 9
34 Hunter Street
Sydney, 2001

The company appears to be purporting to offer management services to a hedge fund named Uniworld Global Fund One. Neither the company nor Uniworld Global Fund One are or have applied to be regulated by the Mutual Funds Act, 1996 (as amended). Members of the public are advised to exercise extreme caution in dealing with this company.

Robert Mathavious
Managing Director
Financial Services Commission

13 August, 2003

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Contact Information

British Virgin Islands Financial Services Commission

Pasea Estate
P.O. Box 418
Road Town, Tortola, VG 1110
British Virgin Islands

Tel: 284-494-1324 or 284-494-4190 GMT – 4:00
Fax: 284-494-5016
Hours: Monday-Friday 8:30a.m. - 4:30p.m.