Autorizzazione dell ’ Office Of Fair Trading del 27/04/2005

the address of whose principal
place of business and registered office is respectively  
The Bourne Ascot Road  

Holyport

Maiddenhead

Berkshire

SL6 2JE                                              
to carry on under the name or names of  
Western Union Sovereign Plc**
**

The business or businesses of

A Consumer Credit**

B Consumer Hire**

C Credit Brokerage**
D Debt Adjusting/Counselling**
E Debt Collecting**

This Licence is valid for a period of 5 years and commences onCompany Registration No:   5444625 
                                                                                      21.07.05                                       

Date of issue         19   jul 2005
    Office of Fair Trading

    Consumer Credit Licensing Bureau

    Craven House

    40 Uxbridge Road

    Ealirg

    Loncon W5 2BS

                                                                       Z.A. MAlik
                                                                       Print Id: 870426

This licence is not assignable or transmissible in any way subject to  Section 37 of the Act

286047

THE COMPANIES ACT 1985

           Company No.5444625

The Registrar of Companies for England and Wales hereby certifies that

WESTERN UNION SOVEREIGN PLC was incorporated under the Companies Act 1985 as a public company on 5 th May 2005.

The Register further certifies that according to the documents on the file of the company:-

a) GIORGIO FERRERO and GENNARO PASCALI are the directors of the company,

b) GENNARO PASCALI is the secretary of the company,

c) the situation of the registered office is 19 SEYMOUR PLACE LONDON W1H 5BG,

d) the nominal share capital of the company is £475,000,000 (four hundred and seventy five million pounds) divided into 475,000,000 (four hundred and seventy five million) shared of £1(one pound) each,of which 10 (ten) shares have been issued,

e) GIORGIO FERRERO and GENNARO PASCALI are the subscriber shareholders of the company.

According to the documents on the file of the company in the custody of the Register of Comanies, the company has been in continuos and unbroken existence since the date of its incorporation.

No action is currently being taken by the Registrar of Companies for striking the company off the register and dissolving it as defunct, and as far as the Registrar is aware:-

a) the company is not in liquidation or subject to an administrator order, and

b) no receiver or manager of the company's property has been appointed.

*******************************************************************************

Given at Companies House,  Cardiff the  17 nd January 2006