Investor alert: CitiFund Asset Management Inc

2007-11-19

CitiFund Asset Management Inc. is not authorised by Finansinspektionen
(the Swedish Financial Supervisory Authority) and is therefore not
entitled to provide financial services.

CitiFund Asset Management Inc. has a website (www.citifundasset.com )
where the company gives the following address: 399 Park Avenue,
8th Floor, New York, New York.

CitiFund Asset Managment Inc. representatives contact investors in
Sweden by telephone and offer to buy their holdings in an OTC company.
However, the investor must first pay a fee in advance, a “Refundable Bond Deposit 12%”. This is an advance fee fraud scheme.