Disclaimer

By entering our Site, you acknowledge your agreement with and understanding of the following Terms of Use pertaining to this Site including all material on it.

A reference to “Terra Firma" means, prior to 27 March 2002, the Principal Finance Group of Nomura International PLC and post 27 March 2002, as the context requires, TFCP Holdings Limited, Terra Firma Capital Partners Limited, Annington Management Services (Guernsey) Limited and any of their affiliates. The Terra Firma trademarks and logos shown on this Site are the registered trademarks of Guy Hands and/or TFCP Holdings Limited. Nothing on this Site shall be interpreted as granting any license or right to use any image, trademark, logo or service mark on the Site. Copying or downloading material from this Site does not transfer title to any material on this Site to you. Anything transmitted to this Site by you becomes Terra Firma’s property and may be used by us for any lawful purpose. Terra Firma reserves all rights with respect to copyright and trademark ownership of all material at this Site, and will enforce such rights to the full extent of the law.

The contents of this Site have been prepared solely for information purposes. No investment or tax advice is being given in this Site. Nothing on this Site should be regarded as an offer or solicitation to buy or sell any investment(s) or an offer or solicitation to provide investment services or as a comment on the merits of engaging in any investment transaction or activity or an inducement to do so. Statements made on this website are subject to change and correction without notice and no responsibility is accepted for the contents of the Site by Terra Firma. Independent advice should be sought where appropriate.

The information on this Site is provided "as is". Terra Firma does not warrant the accuracy, reliability or completeness of the materials or information contained herein, either expressly or impliedly, for any purpose and expressly disclaims, to the fullest extent permissible pursuant to applicable law, any implied warranties of merchantability, satisfactory quality or fitness for a particular purpose. Terra Firma accepts no responsibility or liability for, and makes no warranties that, functions contained at this Site will not be interrupted or error-free, that defects will be corrected or that this Site is free from viruses or other malicious software. Terra Firma does not guarantee or give any warranty as to the accuracy, timeliness or completeness of any information or material at this Site. In no event will Terra Firma or its affiliates be liable to you for any direct, special, indirect, consequential, incidental, punitive or exemplary damages or any other damages of any kind arising out of or in connection with the use, copying or display of the content contained in this Site or in sites accessed through this Site even if Terra Firma or any such affiliate has been advised of the possibility thereof.

Terra Firma Capital Partners Limited is authorised and regulated by the Financial Services Authority under the Financial Services and Markets Act 2000 of the United Kingdom. This Site is directed only at persons having professional experience in matters relating to investments who fall within article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 and high value entities which fall within article 49 of that Order. In the case of persons outside the United Kingdom, this Site is also only directed to persons who may lawfully access it without breach of law or regulation or imposing any requirement on Terra Firma or any other person to be licensed, registered or approved in any other jurisdiction. No-one else should access the Site or act on or otherwise rely on any information in it. Terra Firma and its affliliates will not make any investment or investment activity referred to on this Site available to any other person.

Terra Firma does not represent that (i) any of the materials at this Site; (ii) any investments or investment services that may be referred to on this Site; or (iii) anything else on this Site, are appropriate for use or permitted by local laws in all jurisdictions or by all investors. Those who access this Site do so on their own initiative, and are responsible for compliance with applicable local laws or regulations; legal advice should be sought in cases of doubt. None of the materials or investment services at or referred to at this Site are available to persons resident in any jurisdiction where this would be contrary to local law or regulation or require authorisation or registration of Terra Firma or any other person.

Past performance is not indicative of future results; the value of investments may fall as well as rise and investors may not get back the amount invested. Changes in rates of foreign exchange may cause the value of the investments to go up or down. No representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.

You may not (i) copy, reproduce, reverse engineer, distribute, publish, display, perform, modify, upload any information from, transmit, or in any way exploit the whole or any part of this Site; or (ii) use this Site in any way that is unlawful or fraudulent; or (iii) use this Site or the information and graphics on the Site in any way which infringes Terra Firma's or any third party's trade marks or other intellectual property rights.

If you leave this Site via a link contained in this Site, and view material that is not provided by Terra Firma, you do so at your own risk. The provision of these links by Terra Firma does not constitute authorization or sponsorship of, an endorsement by, or an affiliation with such sites by Terra Firma. The content of these sites to which you link has not been developed, checked for accuracy or otherwise reviewed by Terra Firma. Terra Firma accepts no responsibility for the content or the use of the sites or pages linked or linking to this Site, and Terra Firma is not responsible for damages or losses caused by any omissions that may exist in the information or other content provided in such Site, whether actual or consequential.

These terms are legally binding and shall be governed by and construed in accordance with English law.