Date: 18th March 2010

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For immediate release: 16 March 2010 On 10th March 2010, the United Nations Monitoring Group on Somalia published its report pursuant to UN Security Council Resolution 1853 (2008). In doing so, the Monitoring Group made very serious allegations against Mr Adaani and Swift Traders. Mr Adaani and Swift Traders are dismayed by the allegations made against them and categorically deny any wrong doing. It is noted that the Office of the Prime Minister of the Transitional Federal Government of Somalia has itself raised serious questions over the validity and credibility of the Monitoring Group report. Mr Adaani and Swift Traders intend to take all steps available to refute the allegations made against them.

Managing Director

Abdulkadir Abukar Omar

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