Eastridge Associates

Public Statement

Eastridge Associates

http://eastridgeassociates.com

Financial Services (Jersey) Law 1998, as amended (the "Financial Services Law")

The Jersey Financial Services Commission (the "Commission") issues this public statement under Article 25(d) of the Financial Services Law.

This statement is made in order to warn investors and others against dealing with unauthorised financial services providers. Eastridge Associates has not received authorisation to conduct financial services business within the meaning of the Financial Services Law.

The Commission has recently been made aware that Eastridge Associates is offering investment advice to Jersey residents through unsolicited telephone calls.

The Commission wishes the following to be known:

1. Eastridge Associates has never been registered, nor applied for registration, under the Financial Services Law. Therefore any financial services business, as defined in Article 2 of the Financial Services Law and carried out by Eastridge Associates since 1 July 1999, is in breach of Article 7 of the Financial Services Law; and

2. From documentation held by the Commission, it appears Eastridge Associates displays warning signs of being set up for a fraudulent purpose.

All regulated businesses in Jersey are listed on our website.

Any person who has had dealings with Eastridge Associates is requested to contact the Commission.

Jersey Financial Services Commission

14 – 18 Castle Street

St. Helier

Jersey

JE4 8TP

Contact: Barry Faudemer – b.faudemer@jerseyfsc.org

1 November 2011