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Disclaimer

The distribution of the information contained in the Website in certain countries may be restricted by law and persons who access it are required to inform themselves and to comply with any such restrictions. The information is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations.

The Website does not constitute an offer or solicitation in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make such an offer or solicitation.

The Website is provided for information purposes only and does not constitute investment, legal, tax or other advice or any recommendation to buy or sell any of the Funds or stocks mentioned. Prospective investors should take appropriate professional advice before making any investment decision.

Sepulveda Investment Fund Limited makes every effort to keep the content of the website accurate and up to date and while the information contained in the website has been taken from sources which Sepulveda Investment Fund Limited consider to be reliable, no warranty is given that such information is accurate or complete and it should not be relied upon on as such. Any opinions expressed on the Website reflect Sepulveda Investment Fund Limited judgment at the date of issue of the relevant report and are subject to change without notice. Sepulveda Investment Fund Limited will not be responsible for any liability for loss or damage of any kind which arises, directly or indirectly, from the use of the information contained in the Website.

The value of investments may go down as well as up and may be affected by change in market prices, and other change Investors may not get back the amount invested. Reference should be made to the prospectus in respect of the relevant Fund for further details of the financial commitments and risks involved in connection with an investment in each Fund. Past performance is not necessarily a guide to future returns.

Sepulveda Investment Fund Limited accepts no responsibility for the content, of any other websites linked to the Website nor any products or services offered through such websites. The use of such other websites is at the user's own risk.

If you wish to download the Provate Placement memorandum, you should note that this document is in draft form. It does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any Shares of Sepulveda Investment Fund Limited nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefor. No subscription moneys nor assets in-kind for Shares in Sepulveda Investment Fund Limited will be accepted at this time.

Recipients of this document are reminded that any intended subscription of Shares in Sepulveda Investment Fund Limited must be made only on the basis of the information contained in the final Private Placement Memorandum, which may differ materially from the information contained in this document. No reliance may be placed for any purpose whatsoever on the information contained in this document or on its completeness. In particular this document is subject to additions, amendments, deletions and completion of events. Certain of the consents and approvals referred to in this document may not have been obtained. No representation or warranty expressed or implied, is given by Sepulveda Investment Fund Limited, its directors, investment manager, advisors, sponsors, auditors or any other persons as to the accuracy of the information or opinions contained in this document and no liability is accepted for any such information or opinions.

BY CLICKING "I AGREE" AT THE END OF THESE TERMS, YOU ARE AGREEING THAT YOU HAVE READ, UNDERSTAND AND ACCEPT THESE TERMS, WILL ABIDE BY THESE TERMS IN ITS THEN CURRENT FORM AND ARE LEGALLY BOUND BY THESE TERMS

Yes, I have read, have fully understood, and AGREE to the terms of this disclaimer.