Intertrust sells Cayman banking activities

Intertrust N.V.  ("Intertrust" or "Company") [ticker symbol INTER] a leading global provider of high-value trust and corporate services today announced the sale of its banking activities in Cayman to Cainvest, a Cayman-based private bank. The activities involved representative banking services, employed two FTE's (who will transfer with the business) and are considered non-core.  The terms of the deal will not be disclosed. The transaction will have no effect on Intertrust's profitability going forward.

About Intertrust

Intertrust is a leading global provider of high-value trust and corporate services, with a network of 36 offices in 26 jurisdictions across Europe, the Americas, Asia and the Middle-East. The Company focusses on delivering high-quality tailored services to its clients with a view to building long-term relationships. Intertrust's business services offering comprise corporate services, fund services, capital market services, and private client services. Intertrust has leading market positions in selected key geographic markets of its industry, including the Netherlands, Luxembourg, the Cayman Islands and Guernsey.