To the Creditors,

Stanford International Bank Limited – in Liquidation (the Company) Claim No: ANUHCV2009/0149

Notice of Resignation of Marcus Wide as Joint Liquidator of the Company

I write to notify the creditors of the Company that as of 31 December 2018, Marcus Wide, intends to resign from Grant Thornton (British Virgin Islands) Limited and cease to practice as an insolvency practitioner. As such, Mr. Wide intends to resign from his role as Joint Liquidator of the Company.

Mr. Hugh Dickson of Grant Thornton Specialist Services (Cayman) Limited will continue to act as Joint Liquidator of the Company.

It is proposed that Mark McDonald, also of Grant Thornton (British Virgin Islands) Limited, replace Marcus Wide as Joint Liquidator of the Company. Mr. McDonald is an experienced insolvency professional and has worked alongside Marcus Wide and Hugh Dickson since the beginning of the liquidation of the Company.

Any objections received by the Joint Liquidators to the proposed replacement of Mr. Wide will be brought to the attention of the Eastern Caribbean Supreme Court of Antigua and Barbuda at the hearing of the application for the Court’s approval of Mr. McDonald’s appointment. All objections are to be submitted to the Joint Liquidators within 14 days of the date of this notice.

Please see enclosed a copy of the liquidator’s receipts and payables as of 30 September 2018.

Should you have any questions, please contact my colleague Jasmine Wong by email: jasmine.wong@uk.gt.com or on +1 284 494 6162.

Yours Sincerely,

Marcus Wide– Joint Liquidator of the Company

Dated: 6 November 2018