Lombard Bank Malta plc - Interim Directors’ Statement

Lombard Bank Malta plc issued its Interim Directors’ Statement on 23 May.

The Directors stated that during the first quarter of 2008 Lombard’s performance was in line with expectations with satisfactory results across most of the traditional income streams despite competition within the banking sector, the transition to the euro and the general elections.

Lombard’s Directors noted that it remains satisfied with the quality of its assets and is cautiously optimistic that further growth and progress can continue to be achieved during 2008.