Maitland Among Fastest Growing Administrators

LONDON, May 13, 2010 - Maitland which administers more than $70bn on behalf of 80 fund
manager clients was ranked the third fastest growing hedge fund administrator
globally in a recent international survey by hedgefund.net. Assets under
administration grew by $21bn over the past year and have more than doubled
over the past three years.

According to Maitland Fund Services CEO, Veit Schuhen, the
success of the business can be attributed to its unique service offering
which is based around offering clients a comprehensive outsource solution.
"We look to becoming a strategic business partner of our clients. This
requires state of the art systems and skills levels that clients would like
to have in their own businesses."

Maitland offers extensive fund and investor administration
services covering long only and alternative investment strategies that extend
from front through middle to back office activities. In addition to
administration services, Maitland also offers legal advisory, corporate
secretarial and domiciliation services. According to Schuhen the
comprehensive offering is especially attractive to specialist fund managers
who seek to achieve sharp business focus by means of a comprehensive
outsource solution.

Maitland offers a fully integrated asset management and fund
accounting platform to clients based on the InvestOne and Decalog systems
provided by SunGard Systems. According to Schuhen the increasing complexity
of investment strategies and underlying securities requires administrators to
deploy state of the industry systems with large user bases in order to
sustain the high level of investment necessary to keep them current. "The aim
is to provide clients with a fully scalable platform on a "plug and play"
basis but this is very demanding and skills intensive because it extends us
way beyond just providing commoditised services."

The hedgefund.net survey can be read at
www.hedgefund.net/reports/Admin_Survey/q409_fast.htm

          Ranked 3rd fastest growing hedge fund administrator globally,
                                Hedgefund.net

                   Ranked as Top 20 Offshore Firm, The Lawyer

          Awarded Nelson Mandela Children's Fund Lifetime Founder Club
                                 Membership

NOTES TO EDITORS

Maitland Fund Services

Is an independent specialist fund administrator providing
automated and integrated front, middle and back-office administration
services to hedge funds and institutional asset managers. Clients trading a
wide range of asset classes outsource to Maitland to reduce technology
investment and operational risk, and to focus resources on asset generation
and portfolio management.

Maitland

Maitland's international services are run on a unique business
model that integrates the firm's cross-border expertise in legal advisory,
trust and corporate, asset management and fund services.

Maitland provides services to both institutions and private
clients, particularly family and owner managed businesses, devising and
implementing strategies and solutions for the creation, preservation and
management of its clients' wealth and commercial success.

Maitland employs over 550 staff and has a network of 12 offices
across Europe, South Africa and the Caribbean.

In addition to fund services, Maitland also provides legal
advisory, trust and corporate and asset management services.

    - Maitland's asset management division is focussed on managing
      the wealth of private clients through a range of tailored
      investment solutions. We offer investment consultancy services,
      portfolio management services and a suite of multi-manager and
      multi-asset class funds dedicated to the protection and growth of
      our client's wealth for current and future generations.

    - Maitland's legal advisory division serves an international
      client base throughout Europe and the rest of the world. We are a
      leading provider of cross-border corporate, tax and wealth
      management solutions to international businesses, families and
      high net worth individuals.

    - Maitland's trust and corporate services division provides
      sophisticated and personalised management, accounting and
      administration services to corporate and private clients involved
      with companies, trusts, investment management and private equity
      structures across multiple jurisdictions. We offer a full spectrum
      of local and international estate planning and related
      administration services.

    www.maitlandgroup.com

    For further information please contact
    Bernie Williams, Maitland, head of marketing
    Tel: +44(0)20-3077-1226 ; Mobile: +44(0)7595-055973
    bernie.williams@maitlandgroup.com

For further information please contact Bernie Williams, Maitland, head of marketing, Tel: +44(0)20-3077-1226 ; Mobile: +44(0)7595-055973, bernie.williams at maitlandgroup.com