This Presentation does not contain any advice, including, without limitation, legal, regulatory, accounting, tax or actuarial advice. NCBC reserves the right to alter or update this Proposal as it sees fit. The recipient must not rely on this Proposal in determining any course of action in relation to the proposed transaction or otherwise. Without prejudice to liability for fraud, each member of NCBC disclaims any liability which may be based on this document, any errors herein and/or omissions here from. AWQAF should seek independent legal, regulatory, accounting, tax or actuarial advice in respect of any legal, regulatory, accounting, tax or actuarial matters discussed in this Proposal and NCBC shall not be liable or otherwise responsible for any loss or damage that it might incur when acting in reliance on such matters contained herein
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