China

Statement from the Provisional Liquidators, MF Global Hong Kong Limited (in Liquidation) ("MFG HK") 

This is an update following our Statement to clients on 13 January 2012.

 

Interim Distributions to Qualifying Clients:

 

On 15 December 2011, the Hong Kong Court sanctioned an interim distribution of up to HK$500 million to "Qualifying Clients" of MFG-HK.

 

The PLs have made interim distribution payments to a majority of the Qualifying Clients. We expect the remaining Qualifying Clients to receive their interim distribution no later than mid February 2012.

 

Reconciliation of clients' positions:

 

This process is ongoing, and is being undertaken in tandem with the interim distribution process.

 

Clients of MFG-HK are encouraged to contact Ms Jasmine Lai on +852 2913 2539 or email mfglobalhk@kpmg.com should you have any enquires.

 

 

Yours faithfully

For and on behalf of MF Global Hong Kong Limited (In Liquidation)

 

Patrick Cowley

Joint and Several Provisional Liquidator

 

(The Joint and Several Provisional Liquidators act as agents of MFG-HK without personal liability)