REFF london 07 (10pp) - Euromoney Institutional Investor PLC

Europe’s leading event for renewable
energy finance and investment
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Incorporating the 4th Euromoney and Ernst & Young
Global Renewable Energy Awards
Opportunities in Western Europe, Central &
Eastern Europe, Middle East, North Africa
Carbon finance and renewable energy
Over 300 participants from
31 countries in 2006
SAVE £150
Book by 10 August 2007
Save 50%
• Government • Non-profit • Students
• Small project developers

Park Plaza Riverbank Hotel, London, 24-25 September 2007
As the leading European conference in its field, this year’s REFF-London takes place
at an exciting time for the renewable energy industry. Some technologies, such as
onshore wind power, have reached a mature stage and are becoming increasingly
competitive. In other sectors, including biomass and offshore wind, technologies
and financing mechanisms are developing side by side to create potentially huge
markets. At the same time, carbon finance is starting to play a significant role in
boosting renewable energy investment and market growth.
THE REFF LONDON CONFERENCE AGENDA WILL FOCUS ON:
● Government policy as a driver for renewable
energy investment
● M&A deals and trends in consolidation
● IPO pipeline and investment climate
● Fund management – drivers for market entry
● Debt finance trends and lenders’ requirements
● Managing commodity and market risk for biofuels producers
● Strategies to address supply chain constraints for wind and
solar manufacturers
● Factoring carbon finance into project finance
For full details and agenda updates visit www.euromoneyplc.com
BENEFITS OF ATTENDING:
● Network with over 350 delegates from the finance,
project development and technology sectors
● Major exhibition of leading renewable energy
companies from across the world
● Attend the Euromoney and Ernst & Young Global
Renewable Energy Awards Dinner
● Hear from the most high profile speakers in the business –
a real opportunity to debate the future of the industry with
the key players driving it forward
● Expand your network and identify business
opportunities at Europe's largest renewable energy finance
conference
WHO ATTENDS REFF LONDON
● Investors, fund managers, project financiers,
analysts and advisors
● Private equity investors, venture capitalists, and
sector analysts
● CEOs and CFOs of renewable energy
manufacturers, project developers and operators
● Major electricity generators, suppliers and infrastructure
developers
● Legal advisors, accountancy firms, consultants and
regulatory bodies
● Technology owners and developers in both new and
established markets
UNPARALLELED NETWORKING
OPPORTUNITIES
● Networking breaks, lunches and receptions built
into the conference programme
● Euromoney and Ernst & Young Global Renewable
Energy Awards ceremony and Gala Dinner
● Networking breakfast with roving microphone to
help you identify further business contacts
● Truly international audience – 31 countries were
represented in 2006
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Euromoney Energy Events is pleased to announce the 4th Euromoney and Ernst & Young Global
Renewable Energy Awards 2007, to be held on the evening of 24th September 2007 as part of
the 9th Annual REFF London event. We are pleased to welcome award-winning BBC journalist
John Humphreys to host the event this year.
The Awards Ceremony will take place during the course of the Gala Dinner hosted by Ernst &
Young, starting at 7pm at the Park Plaza Riverbank Hotel. Admission to the Gala Dinner and Awards
Ceremony is complimentary to all attendees at the 9th Annual Renewable Energy Finance Forum.
Please indicate on Page 10 if you will be attending. Places are limited and reservation is essential to
guarantee your place.
Make your nominations online now and be entered into a prize draw for a
luxury Fortnum & Mason hamper — Nominations close on 14th September.
THE CATEGORIES FOR THIS YEAR’S
AWARDS ARE:
● IPO of the Year
● M&A Deal of the Year
● Infrastructure Equity Deal of the Year
● Technology Equity Deal of the Year
● Senior Debt Deal of the Year
● Entrepreneurial Developer of the Year
● Corporate Developer of the Year
● Emerging Technology Promoter of the Year
● Most Enterprising New Market Entrant
of the Year
● Legal Advisor of the Year
● Climate Change Investment Programme of
the Year
● Sustainable Region/City of the Year
Dress code: Smart business attire
EUROMONEY AND ERNST & YOUNG
GLOBAL RENEWABLE ENERGY AWARDS
The Awards are designed to recognise the
projects, companies and individuals who have
contributed the most to take the industry
forward and demonstrate best practice in
renewable energy finance and development.
THE 2006 EVENT WAS ATTENDED BY OVER 200 PEOPLE
AND THE WINNERS WERE:
● IPO of the Year - Suzlon Energy
● M&A of the Year - Acciona
● Private Equity Deal of the Year - Babcock & Brown
● Senior Debt Deal of the Year - HVB
● Entrepreneurial Developer of the Year - WPD AG
● Corporate Developer of the Year - CLP Group
● Emerging Technology of the Year - Shell/Choren
● Most Enterprising New Market Entrant -
BP Alternative Energy
● Sustainable Region/City of the Year - Tamil Nadu, India
A limited number of tables for 10 are
available for £2500. Call Tom Plinston
on +44 20 7779 8673 to reserve yours.
Venue: Park Plaza Riverbank Hotel, London
Further information regarding Ernst & Young renewable energy
services can be found at www.ey.com/renewables
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conference programme
”High-profile attendees from both the renewa
DAY 1: MONDAY, 24 SEPTEMBER 2007
0730 Registration and coffee
0800 Exhibition opens
0850 Welcome and opening remarks
Gerard Strahan, Managing Director,
Euromoney Energy Events
Chair:
0900-1030: Session 1
Policy keynotes
As the renewable energy industry continues to
mature and diversify, government policy and
regulation remain the key drivers for investment and
market development. The EU has set a target of 20%
renewables in the European energy mix by 2020,
and similar initiatives are being put in place
around the world. The opening session will provide
high-level insight into the policy initiatives that
drive investment in renewable energy, and will set
the scene and provide a context for subsequent
sessions.
Arthouros Zervos, President,
European Renewable Energy Council
KEY TOPICS
■ The role of policy as a driver for the renewable
energy industry
■ UK renewable energy policy and implications of
the 2007 Energy White Paper
■ The challenge of meeting EU 2020 targets for
emissions and renewable energy
■ German Federal Government support for
renewable energy projects
■ Renewable energy in the US: Domestic growth
and impact on the world market
■ Moving towards a national carbon trading system
in the US
1115-1245: Session 2
Investment, capital markets and M&A activity
Chair:
During 2006-07 the renewable energy industry has
been characterised by a number of significant IPOs
and M&A deals, with major utilities playing an
increasingly active role. This session will provide an
overview of this changing landscape, and will
also examine the increasing interest in renewable
energy from fund managers and the drivers for this
interest.
Michael Liebreich, Chairman and CEO,
New Energy Finance
KEY TOPICS
■ Overview of investment in renewables by
technology, geography and finance type
■ Renewable energy M&A activity – landmark
deals, sector trends and outlook
■ Recent renewable energy IPOs and trends in
capital markets funding
■ Fund management considerations - drivers for
including renewable energy as part of a
sustainable investment portfolio
■ Should renewable energy be treated as a
separate asset class
■ Impact of utility M&A activity on renewable
energy companies
Robert Mansley, Director, Investment Banking,
Credit Suisse
Read Gomm, Managing Director,
Lexicon Partners
Ronnie Lim, Morley Fund Management
Sipko Schat, Member of the Executive Board,
Rabobank
Shai Weiss, Managing Partner, Virgin Fuels
1245 Networking lunch
Claire Durkin, Head of Energy Markets Unit,
Department of Trade and Industry
Commissioner John Geesman,
California Energy Commission
Nick Hurd MP, Member of the Environmental
Audit Committee
Matthias Machnig, State Secretary of the
Federal Ministry for the Environment,
Nature Conservation and Nuclear Safety,
Germany
1030 Extended networking break
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”The best opportunity for meeting and understanding the current state of play in this

le energy industry and the finance world”
1400-1530 Parallel Sessions
1400-1530: Parallel Session 3A
Wind power: Global investment, supply
chain and market trends
Co-Chair: Evan Stergoulis, Partner,
Watson Farley & Williams
Co-Chair: Christian Kjaer, CEO,
European Wind Energy Association
■ Wind market investment trends, outlook and deal pipeline
■ Can onshore wind be regarded as a mature market
■ Wind turbine supply chain constraints – Addressing
inventory backlog to drive growth
■ What are the challenges of financing offshore wind
and how can they be addressed
■ M&A deals and consolidation in the wind industry
Max Ter Linden, Director Power & Utilities
M&A Group, ABN AMRO Bank
Per Hornung Pedersen, CEO, Suzlon Energy
Ilkka Hakala, President & CEO, Moventas
OR
Chair:
1400-1530: Parallel Session 3B
Biomass and biogas: Opportunities in
new markets
Guiliano Grassi, Secretary General,
EU Biomass Industry Association
■ Market overview – Major players, investment and M&A
trends, technologies and the potential for market growth
■ The role of the waste management industry in
renewable energy generation
■ Current and future technologies in biomass, biogas,
and energy from waste
■ Addressing the financing challenges for biogas projects
Steve Hazelton, Director, Waste, Renewables and
Clean Energy Group, Ernst & Young
Frank Esslinger, Director, Ethos Partners Limited
Ulrich Schmack, Managing Director, Schmack Biogas
Barry J. Berman, CEO, AgriPower
Senior Representative, Veolia Environmental Services
1530 Extended networking break
1615-1745: Parallel Session 4A
Biofuels: Integrating energy and
commodity markets
■ Outlook for the European biofuels industry and
challenges for producers
■ Is there a genuine place for an independent
biofuels industry between the agriculture and oil and
gas sectors
■ Second generation biofuels – Pilot stage or rapid
commercialisation
■ Strategies to address commodity risk for biofuels
producers
Anthony Doherty, Biofuels Business Development
Director, Bioverda
Philip New, President, BP Global Biofuels
Josu Arlaban, Financial Director, Acciona
OR
1615-1745: Parallel Session 4B
Solar power: Global demand outlook and
upstream constraints
Chair: Ernesto Macías, Vice-president, European
Photovoltaic Industry Association
■ Growth potential for the European solar PV industry
■ How are upstream constraints affecting
manufacturers and how can they be addressed
■ Construction of large scale Solar PV facilities,
reaching giga watt scale
■ Solar thermal power – Global market potential
■ Where is growth happening and what will be the next
big market
Andrew Marsden, Managing Director,
GE Energy Financial Services
Julien Maumont, Senior Project Manager,
Energy, Dexia Credit Local
Nikolaus Krane, COO, Conergy
Marco Antonio Northland,
General Manager Europe, SunPower
1800 CHAMPAGNE
RECEPTION
hosted by
Conergy
1900
tel:+44 20 7779 8673
constantly changing market” 5

”Excellent program with very knowledge
e: information@euromoneyplc.com
0800 Exhibition opens
DAY 2: TUESDAY, 25 SEPTEMBER 2007
0800 Networking breakfast with roving microphone Hosted by
Delegates will have the opportunity to briefly introduce themselves to fellow
conference attendees, allowing them to identify additional business contacts.
0850 Welcome and opening remarks
Chris Knowland, Conference Manager,
Euromoney Energy Events
Chair:
0900-1030: Session 5
Carbon finance - Legislation, emissions
trading and their impact on renewables
Christopher Norton, Partner,
Baker & McKenzie LLP
In Europe, the impending start of EU ETS Phase II and
the 2020 greenhouse gas reduction target have
heightened investors’ interest in the carbon markets.
Such developments, both in Europe and worldwide,
have a significant impact on the renewables industry.
This session will examine how carbon finance
impacts on renewable energy and what further
opportunities are being created.
■ Integrating carbon finance with project finance for
renewable energy projects
■ Commercial appetite for investing in carbon
management
■ How will climate change awareness influence the
renewable energy sector
■ Overview of JI markets in Eastern Europe and Russia
■ Carbon markets in Japan
■ The emergence of the voluntary carbon market as
a new pillar of global carbon finance
Tom Delay, CEO, Carbon Trust
Takashi Hongo, Director General and Special
Advisor for Kyoto, Japan Bank for International
Co-operation
Matthew Shaw, Executive Director, Carbon
Trade & Finance
Richard Ham, Senior Associate, Eversheds
1030 Extended networking break
1115-1245: Parallel Sessions
Please select your choice of session on page 10
1115-1245: Parallel Session 6A
Northern and Western Europe: Utility
scale generation
Chair: Ed Feo, Partner, Milbank Tweed Hadley & McCloy LLP
■ Regional and state-level policy drivers and
investment incentives for renewable energy
■ Offshore wind projects and financing structures
■ Domestic market drivers, export opportunities and
growth outlook
■ Case studies – perspectives across different
countries and technologies
Rick Squires, Chairman, Eclipse Energy Company Limited
Ángeles Santamaría, Director of Markets and
Prospective, Iberdrola Renewables
Adrian Katzew, Global Head of the Energy Sector,
Santander Structured Finance
Nikolai Dobrott, Director, Renewable Energies &
Resources, Invest in Germany
OR
1115-1245: Parallel Session 6B
Central and Eastern Europe: Opportunities
in the new European growth markets
Chair:
Dr Armin Sandhövel, Managing Director,
Allianz Climate Solutions, and Chair, UNEP
Finance Initiative Climate Change Group
■ Regional and state-level policy drivers and
investment incentives for renewable energy
■ Project pipeline and potential for market expansion
■ Carbon finance incentives
■ Investment incentives for renewable energy projects
■ What are the main characteristics and challenges of
2007 deals
■ Case studies – isolating the factors that create success
Arjan Visser, Director, Ecofys Bulgaria
Simon Erritt, Director, Citigroup
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”8th REFF provided a very good look at current issues and trends as well as excellent n

able speakers and, with the large audience, excellent networking opportunities”
1245 CARBON MARKET NETWORKING LUNCH
The World Bank estimates that in 2006, carbon trading across the world trebled in value to $30bn. This
networking event will provide the opportunity for delegates to meet active players in the global carbon markets,
and to identify where current investment opportunities lie.
Each delegate will be presented with a booklet containing details of active renewable energy investment and
carbon credit opportunities around the world.
During the lunch you will be able to make contact with representatives of national CDM and JI authorities,
technology providers and project developers, to further expand their network within this rapidly growing market.
Chair:
1415-1545: Parallel Session 7A
Technology insight: Developments in new
and existing markets
Jürgen Lottman, Managing Director,
Mountain Cleantech AG
■ Outlook for capital markets funding for European
renewable energy technology companies
■ How will technology players influence the development
of the renewables sector
■ Marine power – technology and investment update,
and the potential for market growth
■ Geothermal energy projects – Investment prospects
and case studies
■ Appetite for private finance, investor expectations,
debt and equity requirements
Estelle Lloyd, CEO and Founder,
Venture Business Research
Ásgeir Margeirsson, CEO, Geysir Green Energy
Julia Balandina, Vice President, AIG Sustainable
Investment Group
Christian Huber, Managing Director, Cowatec GmbH
OR
Chair:
Fabrizio Donini Ferretti, Director, Dexia
■ Regional and state-level policy drivers and investment
incentives for renewable energy
■ New markets for established technologies, partnering
and market entry strategies
■ Carbon finance incentives
■ Feed-in tariffs
■ Overview: VC deal flow by sector, geography and
investment strategy
■ Where are the current and future investment
hotspots
1415-1545: Parallel Session 7B
Greece, Turkey,
Middle East, North Africa
Vernon Z. Tan, Director, AES Asia & Middle East
Climate Change & Technology Development Group
Steven Geiger, Director of Special Projects, Masdar
Kostas Liapis, CEO, Lion Energy
Ali Tunga, Chairman, Petco Energy Inc
Can Levent Seckin, Vice President, Investment,
Support and Promotion Agency of Turkey
1545 Networking refreshment break
w:www.euromoneyplc.com
etworking opportunities” 7

tel:+44 20 7779 8673
1615-1715: Session 8
Leadership panel and Crystal Ball session
This session will unite senior figures from business,
finance and the public sector, to debate the broad-scale
drivers shaping the future of renewable energy.
It will ask both speakers and delegates to look into the
crystal ball and see how the industry will develop over
the next decade, incorporating trends in business,
finance, policy, and public opinion.
Chair:
Jonathan Johns, Head of Renewables,
Ernst & Young
■ What are the broader drivers that shape the
renewable energy industry
■ How will the renewable energy industry look in 10
years’ time – major sectors, investment flows, key
factors affecting the industry
■ Renewable energy in the retail industry: which
technologies will be required, and how will this
affect demand
■ How does renewable energy fit into the broader
energy mix in the UK, Europe and world wide, and
how is this likely to change in the next 10 years
■ Is renewable energy economically compatible with
nuclear energy as part of a sustainable long-term
generating mix
■ Corporate responsibility as a driver for the
renewables industry: how will changes in corporate
strategy affect demand and industry perception
Henry Derwent, Director, International Climate
Change, Air and Analysis, Defra
Keith Aughwane, Engineering Director, Tesco
Ian Simington, Group Development Director, NTR Plc
Emma Howard Boyd, Head of Socially Responsible
Investment, Director at Jupiter Asset Management
1715 Chair's closing remarks and close of conference
1730-1830
Post-conference networking party
The chance to consolidate business contacts made during REFF-London and to continue the discussion over a
farewell drink in the main exhibition area.
FORTHCOMING EVENTS
Euromoney Energy Events organises a series of high profile conferences for the energy industry world wide, focussing on
the financial and commercial aspects of a range of industry sectors, as well as examining broader topics such as
emissions trading and carbon finance. In 2007-08 our events will include:
29-30 November 2007
New Delhi
18-19 February 2008
London
May 2008
Beijing
June 2008
New York
For further details and updates please see our website at
www.euromoneyplc.com
”An excellent opportunity to network” 8

”Effective and to the point”
SPONSORSHIP AND EXHIBITION OPPORTUNITIES
AT REFF-LONDON
Enhance your market position at Europe’s largest renewable energy
finance conference
SPONSORSHIP OPPORTUNITIES
Sponsorship at REFF-London offers you significant brand
exposure to a senior level audience. Our delegates come
from finance, industry and the professional services, and
REFF-London has become established as the ‘must-attend’
event for the renewable energy finance sector.
By becoming the sponsor of a dynamic networking
event, or by branding conference facilities or an individual
session, you can create significant brand awareness and
ensure your exposure to the European renewable
energy market.
Sponsorship options available include:
• Sponsored lunches
• Cocktail parties
• Session sponsorships
• Gold, Silver or Bronze sponsorships
• Audience Response System Sponsorship
Platinum sponsor Bronze sponsors Global Renewable
Energy Awards
Sponsor
Sponsors
Gold
sponsor
EXHIBITION STANDS
REFF-London will feature a major exhibition
running alongside the conference programme.
Taking a stand is the most direct form of marketing
for your business, as the exhibition area will act as
a central meeting area and focal point for
delegates.
Shaded stands have already
been reserved
Stand spaces are available in 6sqm, 9sqm, and
18sqm packages, including exposure in exhibition
manuals. This is the ideal opportunity to establish
new business contacts and promote your business
to the renewable energy and finance industries.
For further information and to receive detailed
sponsorship package or stand details, please
contact Tom Plinston on (+44) 20 7779 8915 or at
tplinston@euromoneyplc.com.
tel:+44 20 7779 8673
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9 th REFF – LONDON REGISTRATION FORM
24-25 SEPTEMBER 2007
Four
other ways
to register
The easiest way to register is online at www.reff-london.com
Email:
information@euromoneyplc.com
(quoting brochure ref:)
please quote
this reference
Fax:
+44 20 7246 5200
Ref: EEE WEB
Telephone:
+44 20 7779 8673
(quoting brochure ref:)
Post:
EuromoneyPLC.Com
Nestor House, Playhouse Yard
London EC4V 5EX, UK
The conference fee includes: Attendance at all conference sessions,
conference documentation, lunches, refreshments and Euromoney and Ernst &
Young Global RE Awards Dinner.
IT IS IMPORTANT TO FILL OUT ALL THE INFORMATION BELOW
Please photocopy this form for multiple bookings
STANDARD RATE
Delegates By 10 August After 10 August Discount
■ 1 st £1299+VAT = £1526.33 £1449+VAT = £1702.78
■ 2 nd £1299+VAT = £1526.33 £1449+VAT = £1702.78
■ 3 rd + £974 + VAT = 1144.45 £1085+VAT = £1274.88 25%
SPECIAL RATE*: For Small developers less than 50MW, Government, Not for Profit and Students
£725+VAT = £851.88
Discount
50%
*Concessions are awarded to Govt/Non profit organisations, students and
small project developers whose total installed generating capacity is less than
50MW. These rates are at the sole discretion of Euromoney Energy Events.
Documentation only £399 ■ Hard copy
■ Soft copy
INFORMATION Please tick appropriate box ✓
■ I would like to attend the Euromoney and Ernst & Young
Global RE Gala Awards Dinner
■ Please contact me with details on how to purchase a table at the Dinner
■ Please provide me with the conference sponsorship and exhibition options
Places at the Awards Dinner are limited and reservation is
essential to guarantee your place.
Organisation details
Company Name_______________________________________________________________________
Please supply your company description for the delegate profile directory
Company Activity (EXAMPLE: Power GenCo operates three 200MW power plants)
(15-20 words)
____________________________________________________________________________
____________________________________________________________________________
Address _______________________________________________________________________________
____________________________________________________________________________________________________
Postcode __________________________ Country__________________________________
VAT is charged at the standard rate for the U.K. 17.5%. Companies
operating inside the EU may be able to claim the VAT back, please check
with your local excise authority.
1 st Delegate details
Mr/Mrs/Ms ______ First name ___________________________________________________________
Surname ________________________________________________________________________________
Job title__________________________________________________________________________________
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2 nd Delegate details
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3 rd Delegate details
Mr/Mrs/Ms ______ First name ___________________________________________________________
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25% DISCOUNT
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Email ____________________________________________________________________________________
HOTEL BOOKING: For hotel bookings please contact the Park Plaza
Riverbank Hotel on 020 7034 4807. The best rate will be offered subject to
availability, early reservation is advised. Please mention that you are
attending the Renewable Energy Finance Forum.
PAYMENT
Payment may be made in one of three ways - please tick appropriate box ✓
■ 1. Please debit my CREDIT CARD No.
■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■
Visa/Master/Euro ■ Amex ■ (no other cards accepted)
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■ 2. Payment by BANK TRANSFER should be made through Lloyds TSB Bank plc,
PO Box 72, Bailey Drive. Gillingham Business Park, Gillingham, Kent, ME8 0LS,
account number 1083711, sort code: 30-00-02 all charges to be paid by sender
■ 3. CHEQUES should be drawn on a UK Bank and made payable to
Euromoney Energy Events Ltd. A receipted invoice will be sent to all delegates.
Please complete and return this form together with a copy of your credit card
number, bank transfer or cheque, payable in £ to Euromoney Energy Events Ltd, and
send by post or fax to: Euromoney Energy Events Ltd, Nestor House,
Playhouse Yard, London EC4V 5EX, UK
Fax: +44 20 7246 5200
information@euromoneyplc.com www.euromoneyplc.com
CANCELLATIONS
Conference fee: All cancellations must be received in writing by 28 August 2007 for a full refund, less a 10% administration charge. We cannot accept verbal
cancellations. Cancellations received after 28 August 2007 are liable for the full conference fee. However, substitutions can be sent to attend in your place at no
extra charge. If owing to a force majeure, Euromoney Energy Events is obliged to postpone or cancel the event, Euromoney Energy Events will not be liable for any
travel or accommodation expenses incurred by delegates or their organisations.
Data protection: The information that you provide will be safeguarded by Euromoney Energy Events Ltd, a division of Euromoney Institutional Investor PLC group, whose subsidiaries may use it
to keep you informed of relevant products and services. We occasionally allow reputable companies outside the Euromoney Institutional Investor PLC group to contact you with details of products that
may be of interest to you. As an international group, we may transfer your data on a global basis for the purposes indicated above. If you object to contact by telephone ■ fax ■ or email ■ please
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