Common use of FACTORS WHICH ARE MATERIAL FOR THE PURPOSES OF ASSESSING THE MARKET RISKS IN RELATION TO THE SECURITIES Clause in Contracts

FACTORS WHICH ARE MATERIAL FOR THE PURPOSES OF ASSESSING THE MARKET RISKS IN RELATION TO THE SECURITIES. 1. Risks associated with the value and liquidity of your Securities 1.1 The estimated value of your Securities (as determined by reference to pricing models used by us) at the time the terms and conditions of your Securities are set on the trade date, will be less than the original issue price of your Securities 1.2 The value, quoted price and yield of your Securities (if any) at any time will reflect many factors and cannot be predicted 1.3 Your Securities may not have an active trading market

FACTORS WHICH ARE MATERIAL FOR THE PURPOSES OF ASSESSING THE MARKET RISKS IN RELATION TO THE SECURITIES. 1. Risks associated with the value and liquidity of your Securities 1.1 The estimated value of your Securities (as determined by reference to pricing models used by us) at the time the terms and conditions of your Securities are set on the trade date, will be less than the original issue price of your Securities 1.2 The value, value and quoted price and yield of your Securities (if any) at any time will reflect many factors and cannot be predicted 1.3 Your Securities may not have an active trading market