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Important Legal Information

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You have reached this page through a hyperlink contained in a communication issued by Credit Suisse Securities (Johannesburg) (Pty) Ltd ("CSSJ"). This page is an integral part of that communication and contains important information that you must read.

References to Credit Suisse include all of the subsidiaries and affiliates of Credit Suisse AG operating under its investment banking division. For more information on our structure, please follow the attached link:


This material has been prepared by individual sales and/or trading personnel of Credit Suisse or its subsidiaries or affiliates (collectively "Credit Suisse") and not by Credit Suisse's research department. It is not investment research, or a research recommendation as it does not constitute substantive research or analysis. All Credit Suisse research recommendations can be accessed through the following hyperlink: https://s.research-and-analytics.csfb.com/login.asp subject to the use of a suitable login. This material is provided for information purposes, is intended for your use only and does not constitute an invitation or offer to subscribe for or purchase any of the products or services mentioned. The information provided is not intended to provide a sufficient basis on which to make an investment decision and is not a personal recommendation. It is intended only to provide observations and views of the said individual sales and/or trading personnel, which may be different from, or inconsistent with, the observations and views of Credit Suisse analysts or other Credit Suisse sales and/or trading personnel, or the proprietary positions of Credit Suisse. Observations and views of the salesperson or trader may change at any time without notice. Information and opinions presented in this material have been obtained or derived from sources believed by Credit Suisse to be reliable, but CSSJ makes no representation as to their accuracy or completeness. CSSJ accepts no liability for loss arising from the use of this material. This material is not for distribution to retail clients and is directed exclusively at CSSJ's market professional and institutional clients. Moreover, any investment or service to which this material may relate will not be made available by CSSJ to such retail customers. All valuations are subject to Credit Suisse valuation terms. Information provided on trades executed with CSSJ will not constitute an official confirmation of the trade details.

This e-mail and any attachments are confidential and intended solely for the addressee and may also be privileged or exempt from disclosure under applicable law. If you are not the addressee, or have received this e-mail in error, please notify the sender immediately, delete it from your system and do not copy, disclose or otherwise act upon any part of this e-mail or its attachments. Any pages attached to this e-mail should also be read in conjunction with this disclaimer. The information in or attached to this email message is confidential and may be subject to legal privilege and client confidentiality. Nothing in this message constitutes an offer, warranty or representation from us.

We cannot be held liable for any harm or loss resulting from malicious software code or viruses in this message or attachments, including data corruption resulting there from. None of our employees or representatives are permitted to send unsolicited messages ("spam") and our company cannot be held liable therefore. If you regard this message as spam, please inform us immediately.

Any opinion or other information in this e-mail or its attachments that does not relate to the business of CSSJ is personal to the sender and is not given or endorsed by CSSJ. Legally binding obligations can only arise for or be entered into on behalf of CSSJ by means of a written instrument signed by a duly authorised signatory.

CSSJ is a member of the JSE and is an authorised financial services provider under FAIS.