London, 21 July 2008 - The Bonita Trust is delighted to announce the first meeting of its new International Advisory Board comprising distinguished figures in public life and business from around the globe who will advise Bonita on its grant-making strategy.

Joining the international Advisory Board are: Dudley Fishburn (former MP for Kensington and Trustee of the National Trust), Ambassador Lalit Mansingh (former Indian Foreign Secretary, Ambassador to the US and High Commissioner to the UK), Ruth Parasol de Leon - DeLeon (founder and former consultant to PartyGaming plc), and Brooke Shearer (former executive director of Yale University’s World Fellows Program and Senior Advisor in the Office of the US Secretary of Interior)

Speaking on behalf of Bonita, Moe Cohen said: “We are delighted to welcome the formation of our new Advisory Board. The Advisors bring an incredible wealth of experience and insight to Bonita and I am excited to be working with this group to build on our work in Gibraltar, Israel, India and the UK; expanding our international grant-making”

The Bonita Trust is an independent philanthropic trust, founded in 2004. Bonita’s endowment results from a personal commitment by its principals to help communities address some of the important health and education challenges facing them, leveraging new technologies and Internet-based solutions. Based in Gibraltar, the Bonita Trust is committed to enriching the Gibraltar community through a programme of endowments to educational, cultural, health and community projects.

Commenting on the formation of the International Advisory Board, Brooke Shearer said: “Bonita has a sterling reputation in Gibraltar for its contribution to the health, education and the protection and promotion of community cultural heritage. I am extremely excited to be joining Bonita’s Advisory Board as it expands its philanthropic work internationally.”

Ruth Parasol de Leon added: “I am personally very pleased to be involved with such a distinguished group on Bonita’s Advisory Board and look forward to seeing Bonita develop internationally a similar reputation for having a positive impact on the community that it already has in Gibraltar.”