Important Disclosure

“In response to your recent request, we have pleasure in confirming the following indicative prices:”

Disclaimer:

The indicative prices contained in this message are provided at your request for informational purposes only and do not constitute either a bid to unwind or repurchase or an offer to buy or sell any Financial Instrument or a solicitation by Jefferies of, or commitment by Jefferies to make, such a bid or offer. If Jefferies subsequently agrees to quote a firm price in respect of any Financial Instrument, that price may differ from the indicative price provided herein and may be less favourable to you. These indicative prices are mid-market prices unless otherwise stated.

These indicative prices are supplied to you by Jefferies International Limited (“Jefferies”), authorised and regulated by the Financial Conduct Authority. Jefferies and its affiliates, officers, directors and employees may from time to time hold long or short positions in, buy or sell (on a principal basis or otherwise), or act as market maker in, securities, futures or other financial instruments or products related to the securities in this message. We have made this disclosure because the organisational and administrative arrangements established under our conflicts of interest policies may not be sufficient to ensure with reasonable confidence that the risk of damage to your interests will be prevented. Jefferies is not an adviser as to legal, taxation, accounting or regulatory matters in any jurisdiction, and is not providing any advice as to any such matter to the recipient. The recipient of this message should take their own independent advice with respect to such matters.