'Expansion fitting step in ensuring quality of service in all jurisdictions'

Amsterdam, February 13, 2012 - Orangefield announces today the acquisition of Fidelico, a high performing corporate service provider for management and administrative services in Cyprus. In acquiring Fidelico, Orangefield marks its third takeover since March 2011 and reinforces its European presence as part of a successful global expansion strategy.

Orangefield Group is a global fund administrator and corporate service provider. Its clients consist primarily of financial institutions, multi-nationals, private equity investors, real estate fund managers and hedge funds.  The takeover of Fidelico demonstrates Orangefield's active expansion drive, focused on ensuring quality in all jurisdictions. Orangefield CEO Joep Bruins explains: "We do not expand for the sake of expansion alone.  It has to make sense. Fidelico is a good fit for us, because its dynamic and personal approach matches ours. Besides that, delivering locally relevant quality is key in our business."

Complementing qualities
Orangefield Group has approximately two hundred and fifty employees and over thirty years of experience to show. Fidelico, with a headcount of twenty, is a dynamic organization combining a personal and individual approach with a strong focus on their clients' requirements. "Joining Orangefield creates a win-win situation, pardon the cliché. Creating a stronger force means we are able to serve our clients even better," remarks Constantinos Economides, Managing Director of Fidelico. "Becoming part of Orangefield adds the aura of an established leader. It feels like we have recently gained thirty years of experience."

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Notes to editors.

For more information contact:

Guido Wagenaar, Orangefield Global Head of Business Development.  t:  +31205405889 | m: +31 6 54956301 | Guido.Wagenaar@orangefield.com

About Orangefield  Group

Orangefield is a global full service corporate service provider and fund administrator, with more than 30 years of experience, providing a wide range of fund administration, management, administrative and trust services to funds, corporate clients and private clients all over the world. Orangefield is SAS 70 Type II compliant, demonstrating the rigorous controls and attention to detail expected in all accounting, cash management, investor reporting and compliance responsibilities.

Orangefield Group has a strong global presence with offices in Europe, Asia, Africa and the Caribbean. Orangefield Group headquarters is located in Amsterdam, employing a staff of approximately 125 people in the Netherlands.

For more information, visit www.orangefield.com

About Fidelico
Established in 2006, Fidelico is a professional corporate service provider for management and administrative services, operating in Cyprus. Valuing business connections and partnerships with more than 50 countries, Fidelico clients consist of large international companies, including investments banks, public companies, leading international law firms and Big Four audit firms.

For more information, visit www.fidelico.com