This internet site is produced by Macquarie Capital Securities (Singapore) Pte. Limited (Registration No 198702912C) (“MCSSPL”), holder of a capital markets services licence under the Securities and Futures Act, Chapter 289 of Singapore.  No part of this internet site may be copied, either in whole or in part, or distributed to any other person.  If you are not the intended recipient you must not use or disclose the information in any way.

The information on this internet is directed and available for general circulation to residents of Singapore only and is not provided to any person who is a resident of the United States or any other country.  Any material provided herein, including any indicative terms are provided for information purposes only and do not constitute an offer, a solicitation of an offer, or any advice or recommendation to conclude any transaction.  While MCSSPL provides the information in good faith and derived from sources believed to be reliable, MCSSPL does not represent or warrant the completeness, reliability, accuracy, timeliness or fitness for any purpose of any of the material and it accepts no responsibility for the accuracy, completeness or timeliness of the information.

Macquarie Bank Limited (ABN 46 008 583 542) (“MBL”) is the Issuer of the Macquarie Warrants (“Warrants”).  References to Macquarie include MBL and MCSSPL.  MBL does not carry on banking business in Singapore.  MBL does not hold a licence under the Banking Act, Chapter 19 of Singapore and therefore is not subject to the supervision of the Monetary Authority of Singapore in respect thereof.  MCSSPL is not an authorised deposit taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia), and MCSSPL's obligations do not represent deposits or other liabilities of MBL.  MBL does not guarantee or otherwise provide assurance in respect of the obligations of MCSSPL. 

Disclosures with respect to the listed companies, if any, mentioned in this document are available at www.macquarie.com/disclosures.