Confidentiality Agreement

Project Sceptre

Ref 6890017

I, the undersigned agree that all information regarding the above will be provided for our sole use and on  the following conditions:

1. No announcement or disclosure of our/my interest in the Company will be made by us or on our  behalf without prior written consent of the vendor. 

2. Any information in and any documents which are furnished to us/me by Christie & Co and/or the  vendor at our request (“Confidential Information”) will be held in confidence and will be used only  for the purpose of further exploration of the possible acquisition. The following, however, shall  not be subject to this undertaking:

(a) information already known to us prior to our initial enquiry 

(b) information in the public domain at the time of our initial enquiry, or information which  enters the public domain afterwards for any reason not attributable to us/me.

3. The distribution by us of Confidential Information will be limited to those employees and  professional advisers involved with the matter and we will notify each such employee and  professional adviser of the terms of this undertaking. 

4. In the event discussions terminate without an acquisition taking place, we will return to Christie & Co the Confidential Information and all copies held by employees or professional advisers. The  termination of discussion shall not release us/me from our obligations under paragraph 2 or 3  above. 

5. We/I recognise that:- 

(a) the furnishing of Confidential Information will not constitute an offer by the vendor, nor  the basis of any contract nor a representation which may be relied upon by us; 

(b) neither the vendor nor his advisers accept responsibility for, or make any representations (express or implied) with respect to the accuracy or completeness of  the Confidential Information. 

6. We/I confirm that our interest in the Company is as principals on our own behalf and not on  account of or with a view to relate to any other person.

 We/I confirm that we have read, understand and agree to be bound by the terms of this agreement.