1 April 2008

Dear Sir or Madam:

I am pleased to provide you with this report on the GoldMoney Guarantee.

As of 31 March 2008, a total of 7,238,719.098 goldgrams, valued at US$217.2 million, are in circulation within GoldMoney. Additionally, our customers also own 6,302,022.000 silver ounces valued at US$113.3 million.

I refer to the reports by VIA MAT International Ltd. that record the total weight of gold in allocated storage in its vaults in London and Zurich for GoldMoney customers as of 31 March 2008 is 232,730.850 ounces of fine gold. The complete bar list, which equals 7,238,719.098 grams of gold, can be viewed here.

The reports by VIA MAT International Ltd. that record 6,302,022.000 ounces of silver in allocated storage for GoldMoney customers as of 31 March 2008 can be viewed for its vaults in London and Zurich.

I also refer to the report by Euro-Dutch Trust. It records from the GoldMoney database tables that the total quantity of goldgrams as of 31 March 2008 is 7,238,719.098gg and 6,302,022.000 ounces of silver.

Thus, we are pleased to confirm that the total weight of fine gold in the vaults near London, England and Zurich, Switzerland equals the total quantity of goldgrams within GoldMoney, which is our guarantee to you. GoldGrams are 100% gold, always.

Additionally, as part of our guarantee to you, we are also pleased to confirm that the total weight of silver in the vaults near London, England and Zurich, Switzerland equals the total quantity of silver within GoldMoney.

Yours truly,

James Turk
Founder