18 April 2012 APPOINTMENT OF DANIEL MCKEON STRENGTHENS CORPORATE & FUNDS TEAM IN JERSEY

Appleby, the world’s largest provider of offshore legal, fiduciary and administration services, is pleased to announce a senior appointment within Appleby Trust (Jersey) Limited. Daniel McKeon has joined as Client Director of Corporate & Funds, an area Appleby has seen significant in over the last 18 months. In this role, Daniel will lead a team in the establishment and administration of offshore corporate and fund structures.

Daniel McKeon is a qualified English solicitor with over 15 years' experience in Jersey's finance industry. He recently joined Appleby Trust (Jersey) Limited in January 2012 from a leading Jersey fiduciary services provider, where he acted as a director and in-house legal counsel of the capital markets division and managed the administration and held board positions for many collective investment funds, investment holding structures and structured finance vehicles.

Prior to that role Daniel spent six years at Mourant law firm principally in the capital markets and structured finance team before joining the Jersey Financial Services Commission's fund authorisation division where he gained invaluable regulatory experience.

Farah Ballands, Appleby Partner and Group Head of Fiduciary and Administration Services commented: “On behalf of the firm, I am delighted to welcome Daniel to Appleby. He has a wealth of experience and is a significant addition to our strong fiduciary and administration group. Dan has already made a positive impact and will help enhance our offering to clients.”

ENDS

For further information please contact: Paul Stewart, Marketing Manager 01534 818 160 pstewart@applebyglobal.com

Notes to Editors: Appleby is the world’s largest provider of offshore legal, fiduciary and administration services. With an unparalleled presence in the key offshore jurisdictions of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Isle of Man, Jersey, Mauritius, and Seychelles, the group offers advice on offshore law and also has offices in four international financial centres: London, Hong Kong, Shanghai and Zurich. The Appleby Group has been ranked as the world’s largest provider of offshore legal services by partner numbers in The Lawyer’s 2012 Offshore Survey. In December 2010, Appleby was named “Offshore Law Firm of the Year” at The Legal Week British Legal Awards. In June 2010, Appleby was named “Offshore Law Firm of the Year” at The Lawyer Awards. With over 800 lawyers and professional specialists across the Group, Appleby delivers sophisticated, specialised services, primarily in the areas of Corporate and Commercial, Litigation and Insolvency, Private Client and Trusts and Property, and a broad range of fiduciary services. The Group advises public and private companies, financial institutions, and high net worth individuals, working with them and their advisers to achieve practical solutions, whether in a single location or across multiple jurisdictions.