Bank of New York to Interspace Commerce: Partnership is no more

[Stolt.]

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Dear Boards of Directors of Interspace Commerce IC|,

This morning I instructed our portfolio managers to repurchase IC| Interspace Commerce's majority shares from the Bank of New York, therefore we are now an independent entity no longer associated with IC| Interspace Commerce. Please let me know if you have any further questions as I will be happy to clarify, thank you.

Sincerely,
Rhianne Wardwell,
Managing Director - Bank of New York

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