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5 January 2010 - Skipton International Renews Support for 2010 Guernsey Mini Soccer Festival

This year marks the ninth for the highly popular Guernsey Mini Soccer Festival aimed at children aged 10 and under. The festival is open to FA Charter Standard Clubs and academies or centres of excellence of professional clubs only. It started out in 2002 as a small local tournament with one visiting professional football club, Everton FC, who played against seven Guernsey clubs. It has grown each year since with the result that in 2009, twenty teams took part, including four from professional clubs' academies in the UK, Everton, Fulham, Portsmouth and Glasgow Rangers.

Skipton International has announced it will again be supporting the contest with financial sponsorship. Jim Coupe, Commercial Director of Skipton International said: "We are delighted to again be sponsoring the 2010 mini-soccer festival on Guernsey. This year will mark our 15th year in business on the Island, so we appreciate the huge effort the organisers of the Guernsey Mini Soccer Festival have put in over the last nine years. This festival enables youngsters to play against young professional footballers, providing them with excellent opportunities to improve their game, as well as raise awareness of local talent. Here at Skipton International, we are delighted to be able to support such an important community initiative. I am sure the event will be a great success, and will continue to be a regular fixture in Guernsey's sporting calendar."

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European Union Savings Tax Directive
Information for all EU Residents (including the UK)

This communication outlines the changes implemented, by the Government of Guernsey, on 1 January 2011, to the EU Savings Tax Directive ("The Directive").

Automatic Exchange of Information

If you are resident in the EU (including the UK) gross interest will be paid to you and be subject to an automatic exchange of information with The Guernsey Income Tax Authority.  This report will detail your full name, postal address, account number/s,  date of birth, place of birth, tax identification number (if known) and the amount of interest added to your account/s.  Thereafter this will be forwarded to the tax authorities in your country of residence.

If you are deemed to be "non-domiciled" for tax purposes in your country of residence, we may be able to pay you gross interest without the need to submit an exchange of information report.  To arrange this we require confirmation of your tax status, e.g.  a letter issued by the tax authorities in your country of residence or accountants.

Non EU residents will continue to receive gross interest and it remains the responsibility of individual investors to disclose the interest earned on their accounts to the relevant tax authorities.

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