The International Council wishes to announce…

The International Council wishes to announce the formation of LEP Global Inc. in which Lloyds.Earle.Panicker International Inc. holds an equity interest of 60%. The company will principally be engaged in procurement of capital assets from its international network of manufacturers for onward transmission to enterprises, in particular those in the oil and gas and heavy machinery users in the mining and power sectors. Additionally, it will be involved in international trading of commodities, particularly in commodities of high demand. The current focus of LEP GLOBAL will be in iron ore and steam coal.