Guernsey Office Puts Law Firm On Road To Success.

The achievements of its Guernsey office have been instrumental in Ogier being named 'Offshore Law Firm of the Year, 2008' by The Hedge Fund Journal.

A panel of judges looked at a variety of criteria and spoke to a number of law firms and their clients to determine the winner.

Rod Sparks, publisher of The Hedge Fund Journal, congratulated Ogier on the win and it was two Guernsey transactions that he noted as being particularly significant: Ogier acted as Guernsey legal adviser on the CHF 2.196 (approximately US$2bn) listing of Gottex Fund Management Holdings Limited on the Zurich Stock Exchange and which was the largest listing on the Exchange in 2007; and Ogier acted in an oversubscribed 'C' Share issue for the Guernsey-domiciled Dexion Absolute Limited, which is the world's largest listed fund of hedge funds and is listed on the London Stock Exchange.

"This is yet another endorsement for the funds advice provided by Ogier as a multi-jurisdictional law firm," said Peter Niven, Chief Executive of Guernsey Finance.

"However, we can see that it is the achievements of the Guernsey office in particular that have played a significant part in the firm winning this award. This highlights the very high standards of Ogier in the Island. It is also illustrative of the excellent services, whether accounting, audit, tax, actuarial or legal, that support Guernsey's leading international finance industry."

Guernsey partner Roger Le Tissier picked up the award at the Natural History Museum in London on 6 March 2008.

He said: "After winning American-based Alpha magazine's 'Top Offshore Law Firm' two years running we are delighted to receive similar recognition for our funds advice from a panel based in Europe.

"Our strength across continents and our sustained and steady growth has continued to gain us these awards from industry commentators and our clients and it is a tribute to our global investment funds team to receive it."

GuernseyFinance

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GY1 3PN

GUERNSEY

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URL: www.guernseyfinance.com

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