confidence - Investing In Africa

Caution regardingforward-looking statementsSBM has made various forward-lookingstatements with respect to its financialposition, business strategy, plans andobjectives of management. Such forwardlookingstatements are identified by use ofthe forward-looking words or phrases suchas ‘expects’, ‘estimates’, ‘anticipates’,‘believes’, ‘intends’, ‘plans’ or words orphrases of similar import.By their nature, forward-looking statementsrequire us to make assumptions and aresubject to inherent risks and uncertainties.There is significant risk that predictions andother forward-looking statements will notprove to be accurate. We caution readersof this report not to place undue reliance onour forward-looking statements as anumber of factors could cause actual futureresults, conditions, actions or events to differmaterially from the targets, expectations,estimates or intentions expressed in theforward-looking statements.The future outcomes that relate to forwardlookingstatements may be influenced bymany factors, including but not limited tointerest rate and currency value fluctuations;industry and worldwide economic andpolitical conditions; regulatory and statutorydevelopments; the effects of competition inthe geographic and business areas in whichwe operate; management actions; andtechnological changes. We caution that theforegoing list of factors is not exhaustive andthat when relying on forward-lookingstatements to make decisions with respect toSBM, investors and others should carefullyconsider these factors, as well as otheruncertainties and potential events, and theinherent uncertainty of forward-lookingstatements. SBM does not undertake toupdate any forward-looking statement, thatmay be made, from time to time, by theorganisation or on its behalf.