Issued by Caledon Capital Partners LLP

Access to the information contained herein may be restricted by laws and regulations applicable to the user and the user should therefore ensure that the use of this information and the making of any investment as a result does not contravene any such restrictions. In particular, this information does not constitute an offer to sell or the solicitation of any offer to buy any securities in any jurisdiction including the United States of America nor for the benefit of United States persons.

Past performance is not necessarily a guide to the future. The value of your investment can go down as well as up and an investor may not get back the amount originally invested.

No funds disclosed in this web site (collectively the "Funds") have been nor will be registered or qualified under the securities laws of the United States or any other jurisdiction. The Funds are unregulated collective investment schemes for the purposes of the United Kingdom Financial Services and Markets Act 2000 (the "Act") and may only be promoted to certain categories of persons specified in the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (the “Exemption Order”) and of a kind to which the Funds may lawfully be promoted by a person authorised under the Act (an “authorised person”) by virtue of Section 238(5) of the Act and in accordance with COBS 4.12 of the New Conduct of Business Sourcebook of the FSA Rules.

Whilst all reasonable steps have been taken to ensure that the information has been obtained from sources believed to be reliable, no representation or warranty is made by Caledon Capital Partners LLP as to its accuracy, completeness or reliability and Caledon Capital Partners LLP shall not be liable for any decision made or action taken by recipients based upon any information contained herein and shall not accept liability for any errors or losses that may occur as a result of such decision or action.

Prospective investors should not construe any of the contents of this web site as legal, tax or financial advice. All prospective investors should consult their own professional advisers as to the legal, tax, financial or other matters relevant to the suitability of an investment in the Funds for such investor.

Caledon Capital Partners LLP is authorised and regulated by the Financial Services Authority.