The Accountant General has announced the issue of Government Stocks for August 2010, as listed below:

a) €100,000,000 Fixed Rate Malta Government Stocks subject to an over-allotment option of an additional sum of €50,000,000; and

b) €30,000,000 Floating Rate Malta Government Stock as follows:-

(i) 3.75% Malta Government Stock 2015(VI) Fungibility Issue, and

(ii) 5.25% Malta Government Stock 2030 (I), Fungibility Issue, or any combination of the above two Stocks which shall in the aggregate be Euro 100,000,000; and

(iii) Floating Rate Malta Government Stock 2013 (VI) linked to the six month Euribor.

The offer price for each Stock at (i) and (ii) above shall be established on Thursday 29th July, 2010. Such price shall be announced to the Malta Stock Exchange and published in the daily local newspapers and through a Press Release by the Department of Information (DOI).

Applications open on Monday 2nd August, 2010 and close on the time and dates as hereunder, or earlier at the discretion of the Accountant General:

(i) at 5.00pm on Wednesday 4th August, 2010 for applications by any single and/or joint applications which in the aggregate do not exceed €100,000 per person, and

(ii) at 12:00 (noon) on Friday 6th August, 2010 for applications in the form of sealed bids (auction). The allotment results of each stock to applicants whose applicants are in the form of sealed bids (auction) will be determined and announced within two hours immediately after the closing time of applications by auction.

Application forms may be obtained from and lodged at, all members of the Malta Stock Exchange and other authorised Investment Service Providers. Application forms may also be downloaded from the Treasury website.

More information on these stocks can be found in the relative prospectuses which can be downloaded from the Treasury website at www.treasury.gov.mt.

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