This is not an offer to sell, or solicitation of an offer to buy, an investment in the Company. The Company is a protected cell company incorporated in Guernsey, and is a private investment fund registered with the Guernsey Financial Services Commission. Consequently, its promotion to potential investors in the UK is restricted by law. Shares in the Company are available only to persons in the UK falling within one of the following categories under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (FPO):