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For more information, or if you would like
to discuss this further, please contact:

Telephone: +44 (0) 203 786 2374
www.isla.co.uk

Disclaimer

While we have made every attempt to ensure that the information contained in this paper has been obtained from reliable sources,
the International Securities Lending Association (ISLA) is not responsible for any errors or omissions, or for the results obtained from
the use of this information. All information in this Guide is provided “as is”, with no guarantee of completeness, accuracy, timeliness
or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but
not limited to warranties of performance, merchantability and fitness for a particular purpose. Nothing herein shall to any extent
substitute for the independent investigations and the sound technical and business judgment of the reader. In no event will ISLA,
or its Board Members, employees or agents, be liable to you or anyone else for any decision made or action taken in reliance on the
information in this Guide or for any consequential, special or similar damages, even if advised of the possibility of such damages.