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On 3 January 2012, the CSSF has been informed that KPMG Luxembourg S. r.l., represented by Mr. Zia Hossen, acting as provisional administrator (administrateur provisoire) (the Provisional Administrator) of LIFEMARK S.A., with registered office at 2, rue Joseph Hackin, L-1746 Luxembourg (LIFEMARK), is not and will not be in a position to fully achieve the objectives of its mandate given by court order of 27 October 2011 (the Mandate), including the implementation of a comprehensive restructuring plan, and that an orderly run-off of LIFEMARKs portfolio under the supervision of a court appointed liquidator is currently deemed to be the only realistic alternative. Therefore, the Provisional Administrator formally requested the...
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