London - Trader and investment coach Vince Stanzione this morning issued a retraction of yesterday's press release which stated that Jim Rogers claimed the pound could collapse within weeks.

PRESS DISPENSARY - Friday, Feb 26, 2010 - London - Trader and investment coach Vince Stanzione, who is sharing a seminar platform in March with financier Jim Rogers and investment adviser Dr Marc Farber, has this morning issued a retraction of the press release issued yesterday which stated that Jim Rogers claimed the pound could collapse within weeks.

In a statement approved today by Jim Rogers, Vince Stanzione says: "The quotes attributed to Jim Rogers yesterday - including the one that the pound could collapse within weeks - were issued by me prematurely, without the approval of Mr Rogers, who was travelling at the time and did not have knowledge of the press release before it went out. While Mr Rogers does note that the pound has had a downward adjustment, and that a severe double dip in the global economy is a strong likelihood, the idea that it might happen within weeks came from me, not Jim Rogers. It was based on my belief that the pound is vulnerable in the run-up to the UK general election."

Jim Rogers adds: "I did not see yesterday's press release before it went out and do not believe that the pound's collapse is imminent. I accept Vince Stanzione's retraction and am pleased that he has taken responsibility for the press release."

Stanzione continues: "I apologise to Jim Rogers, the media, our press agency and to anyone else who may have been affected by the statement. I believed I was reflecting Mr Rogers' sentiments but I accept that I should have sought his final approval before issuing the release. I take full responsibility."

Jim Rogers says he is looking forward to speaking in London on the March 19, 2010, and sharing his views on currencies, commodities and the global markets: "I have always had a great time speaking at Vinces's events. "

The press release has been withdrawn.

Notes for editors

This press release is issued with the full approval of both Jim Rogers and Vince Stanzione, and Mr Rogers' approval has been independently verified by its issuing press agency.

The Global Trading Day seminar is being held in central London on March 19, 2010, with Jim Rogers, Dr Marc Faber and Vince Stanzione on the platform.

U.K. Will Lose Its AAA-Rating THIS YEAR For Sure (Feb 24, 2010)

<a href="http://www.businessinsider.com/indias-biggest-threat-water-2010-2">http://www.businessinsider.com/indias-biggest-threat-water-2010-2</a>

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