Disclaimer:

This service is provided by Ideal Ratings Inc to clients of NBAD Securities LLC ("NBADS")*. None of the content in the publication constitutes a solicitation, offer or recommendation by NBADS or IdealRatings Inc to buy or sell any security, or represents the provision by NBADS or IdealRatings Inc of investment advice or services regarding the profitability or suitability of any security or investment. Moreover, the content of the publication should not be considered legal, tax, accounting advice. The publication is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation. Accordingly, anything to the contrary herein set forth notwithstanding, NBADS and IdealRatings Inc, its suppliers, agents, directors, officers, employees, representatives, successors, assigns, affiliates or subsidiaries shall not, directly or indirectly, be liable, in any way, to you or any other person for any: (a) inaccuracies or errors in or omissions from the publication including, but not limited to, quotes and financial data; (b) loss or damage arising from the use of the publication, including, but not limited to any investment decision occasioned thereby.

UNDER NO CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO NEGLIGENCE, SHALL NBADS OR IDEALRATINGS INC, THEIR RESPECTIVE SUPPLIERS, AGENTS, DIRECTORS, OFFICERS, EMPLOYEES, REPRESENTATIVES, SUCCESSORS, ASSIGNS, AFFILIATES OR SUBSIDIARIES BE LIABLE TO YOU FOR DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, PUNITIVE, OR EXEMPLARY DAMAGES EVEN IF NBADS AND IDEALRATINGS INC HAVE BEEN ADVISED SPECIFICALLY OF THE POSSIBILITY OF SUCH DAMAGES, ARISING FROM THE USE OF THE PUBLICATION, INCLUDING BUT NOT LIMITED TO, LOSS OF REVENUE, OPPORTUNITY, OR ANTICIPATED PROFITS OR LOST BUSINESS.

The information contained in the publication does not purport to contain all matters relevant to any particular investment or financial instrument and all statements as to future matters are not guaranteed to be accurate. Anyone proposing to rely on or use the information contained in the publication should independently verify and check the accuracy, completeness, reliability and suitability of the information and should obtain independent and specific advice from appropriate professionals or experts regarding information contained in the publication. Further, references to any financial instrument or investment product is not intended to imply that an actual trading market exists for such instrument or product.

By accessing this web site, www.nbads.idealratings.com and other domains operated by IdealRatings Inc. and/or its subsidiaries (collectively, "IdealRatings"), collectively the "web site", you are indicating that you have read, acknowledge and consent to be bound by the terms of use of the web site. If you do not agree to the terms of use, do not access this web site. IdealRatings reserves the right to change the terms of use and you are responsible for regularly reviewing the terms of use of the web site. Your continued use of this web site constitutes your agreement to all such terms of use.

Your use of this web site may be monitored by IdealRatings, and the resultant information may be used by IdealRatings for its internal business purposes or in accordance with the rules of any applicable regulatory organization.

Information Made Available Through This Service

Unauthorized use of IdealRatings� web site and systems, including, but not limited to, unauthorized entry into IdealRatings systems, misuse of passwords or misuse of any other information, is strictly prohibited.

The information and materials on this web site may contain typographical errors or inaccuracies. IdealRatings reserves the right, in its sole discretion, without any obligation and without any notice requirement and for any reason, to change, improve or correct the information and materials on this web site and to suspend and/or deny access to this web site or portions thereof for scheduled or unscheduled maintenance, upgrades, improvements, corrections or otherwise. Any dated information is published as of its date only, and IdealRatings does not undertake any obligation or responsibility to update or amend any such information. IdealRatings may discontinue or change any product, service, information or material described in or offered on this web site at any time.

The terms of use of the web site are not intended to, and will not, transfer or grant any rights in or to the information or material available on the web site other than those which are specifically described herein, and all rights not expressly granted herein are reserved by IdealRatings or the third party providers from whom IdealRatings has obtained the information or materials.

You agree that you will not engage in any activities related to this web site that are contrary to applicable laws or regulations.

Disclaimer of Warranties

NO WARRANTY AS TO CONTENT: THE SERVICE IS PROVIDED TO YOU "AS IS" AND NEITHER IDEALRATINGS, NBADS, ANY OF THEIR RESPECTIVE SUBSIDIARIES, DIRECT OR INDIRECT INFORMATION PROVIDERS NOR ANY THIRD PARTY INVOLVED IN, OR RELATED TO, COMPILING, COMPUTING OR CREATING THE SERVICE (COLLECTIVELY, THE "IDEALRATINGS PARTIES") MAKES ANY REPRESENTATION OR WARRANTY OF ANY KIND TO YOU OR ANY THIRD PARTY, EITHER EXPRESS OR IMPLIED, WITH RESPECT TO THE SERVICE, THE TIMELINESS THEREOF, THE RESULTS TO BE OBTAINED BY THE USE THEREOF OR ANY OTHER MATTER. FURTHER, THE IDEALRATINGS PARTIES EXPRESSLY DISCLAIM, AND YOU AND ANY THIRD PARTY ACCESSING THE WEB SITE WAIVES, ANY AND ALL IMPLIED WARRANTIES, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF ORIGINALITY, ACCURACY, COMPLETENESS, TIMELINESS, NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. NO WARRANTY AS TO SECURITY: IDEALRATINGS WILL NOT BE RESPONSIBLE FOR ANY LOSS OR DAMAGE THAT COULD RESULT FROM INTERCEPTION BY THIRD PARTIES OF ANY INFORMATION MADE AVAILABLE TO YOU VIA THIS WEB SITE.

Limitation of Liability

No Liability for Content; No Liability Arising from Use: IdealRatings and NBADS cannot and do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Neither IdealRatings, NBADS, nor any of their respective subsidiaries, directors, officers or employees, nor any third-party vendor will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this web site, or resulting from the act or omission of any other party involved in making this web site, the data contained herein or the products or services offered on this web site available to you, or from any other cause relating to your access to, inability to access, or use of the web site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of IdealRatings or of any vendor providing software or services. In no event will IdealRatings, NBADS or any such parties be liable to you for any direct, special, indirect, consequential or incidental damages or any other damages of any kind even if IdealRatings, NBADS or any other such party has been advised of the possibility thereof.

This limitation on liability includes, but is not limited to, the transmission of any viruses which may infect a user's equipment, failure of mechanical or electronic equipment or communication lines, telephone or other interconnect problems (e.g., you cannot access your Internet service provider), unauthorized access, theft, operator errors, strikes or other labor problems or any force majeure.

System Outages, Slowdowns, and Capacity Limitations

As a result of high Internet traffic, transmission problems, systems capacity limitations, and other problems, you may, at times, experience difficulty accessing the web site or communicating with IdealRatings through the Internet or other electronic or wireless services. Any computer system or other electronic device, whether it is yours, an Internet service provider's or IdealRatings, can experience unanticipated outages or slowdowns, or have capacity limitations. IdealRatings and NBADS cannot and do not guarantee continuous, uninterrupted or secure access to the web site.

Proprietary Rights

All right, title and interest in this web site and all content contained herein is the exclusive property of IdealRatings, except as otherwise stated. You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, frame, create derivative works from, transfer, or otherwise use in whole or in part any information, software, products or services obtained from this web site, except for the purposes expressly provided herein, without IdealRatings prior written approval. If you download any information or software from this web site, you agree that you will not remove or obscure any copyright or other notices or legends contained therein.

IdealRatings, all other marks and logos used on the web site (including the names of all IdealRatings indices and products) are trademarks and service marks of IdealRatings or its subsidiaries. The names of other actual companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. You are prohibited from using any marks for any purpose including, but not limited to, use as meta-tags on other pages or sites on the Internet without the written permission of IdealRatings or such third party who may own the marks.

Choice of Law

The terms of use of the web site shall be governed by and construed in accordance with the laws of the State of California, without regard to conflicts of laws provisions. Sole and exclusive jurisdiction for any action or proceeding arising out of or related to the terms of use of the web site shall be in an appropriate state or federal court and the parties unconditionally waive their respective rights to a jury trial. Any cause of action you may have arising out of your use of the web site must be commenced within one (1) year after the claim or cause of action arises. If for any reason a court of competent jurisdiction finds any provision of the terms of use of the web site to be unenforceable, that provision shall be enforced to the maximum extent permissible so as to affect the intent of the terms of use of the web site and the remainder of the terms of use shall continue in full force and effect. The terms of use constitute the terms between IdealRatings and you arising out of this site and it supersedes all prior or contemporaneous communications, agreements and understandings between IdealRatings and you arising out of the subject matter hereof.

*NBADS is regulated by the Securities and Commodities Authority in the United Arab Emirates and is a subsidiary of National Bank of Abu Dhabi PJSC which is regulated by the Central Bank of the UAE.