RIYADH, 31 May 2007 — Two executives from the Bank of Valletta Group in Malta, Peter Perotti, CEO of Valletta Fund Management Ltd., and Kenneth Farrugia, CEO of Valletta Fund Services Ltd., have visited Riyadh to meet with a select number of financial services operators in the fund management business. The meetings with local operators were organized through the assistance of Malta’s Ambassador Godwin Montanaro. During the last few years, the financial services sector in Malta has had a positive impact on the country’s domestic product and employment levels.