IMPORTANT INFORMATION AND TERMS OF USE

Proceeding to use this website will indicate your acceptance of these Terms of Use. Please note that Reyker Securities plc ("Reyker") reserves the right to change the website and these Terms of Use from time to time without notice, and your continued use of the website indicates your continued acceptance of the Terms of Use as modified.

The Information contained in this website is for use only by persons resident in the United Kingdom and is limited to general information about Reyker. It is not intended to and does not constitute individual investment advice or an offer of or an invitation to buy or sell investments or to enter into any arrangement for the provision of investment services in any jurisdiction where such offer or invitation is unlawful; or in which the person making such offer is not qualified to do so; or to whom it is unlawful to make such offer or solicitation. The distribution of this information in written format is generally restricted to the United Kingdom.

The information contained in this website has been compiled with considerable care to ensure its accuracy at the date of publication. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Any opinions expressed in this website are subject to change without notice.

Stock market and currency movements may cause the capital value of your investments and the income derived from them to go down as well as up and as a result, you may get back less than you originally invested. Furthermore the value of any tax relief to which you may be entitled will depend upon your individual circumstances. Tax rates and levels of relief may be changed by future legislation and by changes in the interpretation thereof.

This website has been approved for the purposes of United Kingdom regulation by Reyker and does not in any way constitute investment advice. Reyker is authorised and regulated by the Financial Services Authority. Further information about the Financial Services Authority can be found on its website at www.fsa.gov.uk

If you are in any doubt about any of the information contained in this website please consult your financial or other professional adviser.

Reyker makes no representation, warranty or undertaking about either the content of this website or the content of any other website referred to or accessed by hyperlink. While we will endeavour to maintain our online services, we cannot guarantee that the services provided by this website will not be interrupted. In addition, while we operate strict internal procedures regarding the integrity of this website, we cannot guarantee that any information which you may download or copy will be error or virus free. We will not be responsible or liable to you for any damages that may be caused to you as a result of using this website or for any damages third parties may cause to you by your use of this website resulting from a breach of website security.

If you have any questions, please contact us at safe@reyker.co.uk

Reyker Securities plc
July 2004