LEGAL NOTICE

"Caledonia" means Caledonia Investments plc and any of its subsidiaries and related companies and references to the "Caledonia Site" is to the Caledonia's site at www.caledonia.com (also accessible at www.caledonia.co.uk) including but not limited to the text, images, links, sounds, graphics and video sequences displayed in the Caledonia Site (the "Materials").

The price of shares and the income derived from them can go down as well as up and investors may not get back the amount originally invested. Investors should be aware that past performance is not necessarily a guide to future performance.

Limitation of liability
Except to the extent prohibited by law, Caledonia shall not be liable to any person who accesses the Caledonia Site or any of the Materials for any direct, indirect, special, consequential damages or awards of any kind, which may result from the use or inability to use the Caledonia Sites or any of the Materials.

Disclaimer
The Materials and the Caledonia Site are provided on an "as is" and "as available" basis and Caledonia gives no warranties, express, implied or statutory as to merchantability or fitness for purpose of the Materials or that any of the Materials or the Caledonia Site will be provided uninterrupted or free from errors or that any identified defect will be corrected; further, no such warranty is given that the Caledonia Site and the Materials are free from any virus or other malicious, destructive or corrupting code, programme or macro. Caledonia does not warrant that the Caledonia Site or the server(s) that make(s) them available are free of any virus or other harmful elements. Reference in the Caledonia Site and/or the Materials to any hypertext link, product, process or service does not imply Caledonia's support for, or endorsement or recommendation of, the provider thereof or the product, process or service to which reference is made. The Caledonia Site may contain links to other web sites, resources or other third parties. Caledonia is not responsible for the availability of these external web sites or their contents and Caledonia is not a sponsor, partner, promoter or publisher of such sites or their contents and accepts no liability in relation thereto.

Copyright and trade marks
The Materials are the copyright of Caledonia and may not be copied, distributed, uploaded, posted, republished, decompiled, disassembled, reverse-engineered or transmitted in any way without the prior, written consent of Caledonia. You can, however, download one copy for your personal non-commercial use or non-commercial use within the organisation in which you work on condition that you do not delete or change any copyright, trade mark or other proprietary notice contained in the Materials nor alter the way in which they are presented. Modification or use other than as permitted above violates Caledonia's intellectual property rights in the Materials.

The trade marks, service marks and logo (the "Trade Marks") used and displayed on the Caledonia Site are registered and unregistered Trade Marks of Caledonia and others. Nothing on the Caledonia Site should be construed as granting any licence or right to use any Trade Mark displayed on the Caledonia Site. Caledonia enforces infringements of its intellectual property rights to the extent permitted by the law.

Governing law
The agreement between Caledonia and you relating to your use and browsing of the Caledonia Site is governed by and shall be construed in accordance with English law. These terms and conditions constitute the entire agreement between us relating to your use and browsing of the Caledonia Sites and may not be modified unless Caledonia agrees in writing.

PRIVACY STATEMENT

Caledonia is committed to following policies that protect your privacy. This privacy policy covers visitors to the Caledonia Site.

Hypertext links on the Caledonia Site
The Caledonia Site contains links to other Caledonia Internet sites as well as selected external Web sites. Caledonia takes no responsibility for the content of these sites, external or otherwise. Please refer to the disclaimer in our legal statement.

Automatic collection of information
We automatically log visitor's domain and IP address (a unique string of numbers that identifies a computer on the Internet) by programming. This data is used to see where the Caledonia Site is being used in the world, and for click stream analysis to enable us to better understand site usage, so that we can improve our service to you. This information does not identify you as an individual, but only the computer that is being used to view the site.

We do not save cookies to your computer. Please refer to the help guide from your browser for further information on cookies.

Data protection
We will only obtain personal data from you for specified and lawful purposes and any personal data that we obtain will be processed fairly and lawfully. In particular:

• Disclosure to third parties – we do not disclose personal information to third parties, except where you have given your consent or where we have a legal obligation to do so.

• Uses of personal data – when you request information through this site, we need to know your e-mail address or, where you wish it to be sent by post, your name and postal address. We use this to send to you the information you request in the form that you require. We do not provide your details to third parties for any marketing or promotional purposes. We will only process the individual data that you provide to us for the intended purpose. We will take all reasonable steps to ensure that the data held is adequate, relevant and not excessive for this purpose.

• Information sharing – we may need to share personal information with other companies within the Caledonia Group or with third parties who have a contract with Caledonia to service information requests on our behalf. All Group companies and third parties with whom we share data follow the same Data Protection policy and maintain the same levels of confidentiality and security.

• Security – we take all reasonable steps to protect the confidentiality and security of your personal information.

• Accuracy – we take all reasonable steps to keep your personal information accurate and, where necessary, up to date.

• Retention of data – we take all reasonable steps to retain data only for the duration of the purpose for which it was obtained. When requested, we will delete personal information from current operational systems where it is no longer required. We may need to continue to hold some details about you after your relationship with us has ended, for example for legal and regulatory purposes.

• Your rights – we take all reasonable steps to uphold your rights to protect your personal data, including the right to obtain information on, update or amend any personal data on you that we hold.

Accessibility
Caledonia endeavours to make its website accessible to all Internet users and to meeting the requirements of the Disability Discrimination Act 1995. We are engaged in an ongoing review of compliance and will act quickly to address areas of non-compliance. Caledonia welcomes input and advice from our site users. If you should be aware of any non-compliance with the Act, and/or general best practice in this respect, please email us at or telephone on +44 20 7802 8080.