The information in this presentation is confidential.

This presentation was prepared exclusively for the benefit and internal use of the Prospective Investor in order to indicate, on a preliminary basis, the feasibility of a possible transaction or transactions, and does not carry any right of publication or disclosure to any other party.

The information in this presentation is based upon management forecasts and reflects prevailing conditions and our views as of this date, all of which are subject to change.  In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources. 

This presentation does not constitute an offer to issue or sell, or an invitation to subscribe for, or purchase, shares in any jurisdiction. This presentation should be read in conjunction with the prospectus. 

Prospective Investors are referred in particular to the notices given on the cover and in the opening pages of the prospectus and this document is directed only to the classes of person specified in that document. Prospective Investors are also referred in particular to the risk warnings given in Appendix III of the prospectus.  Prospective Investors who have any doubt about the suitability of an investment in a Fund should contact EAML or an independent financial adviser for advice.

Issued by Emergent Asset Management Limited (‘EAML’), Emergent House, Copyhold, Fernhurst, Haslemere, Surrey GU27 3DZ, England. 

Emergent Asset Management Limited is regulated and authorised by the Financial Services Authority in the United Kingdom.