Valinor Public Limited - Dom Maklerski BZ WBK SA

and is only directed at qualified investors in that Relevant Member State within themeaning of the Prospectus Directive. Selling restrictions applicable in certainjurisdictions are set out below under “Transfer and Selling Restrictions”.The information contained in this Prospectus has been provided by the Company and othersources specifically identified herein. Apart from the responsibilities and liabilities, if any,which may be imposed on the Managers by the Cypriot regulatory regime or under theregulatory regime of any other jurisdiction where the absence of liability under the relevantregulatory regime would be illegal, void or unenforceable, neither the Managers nor any oftheir respective affiliates accept any responsibility whatsoever for the contents of thisProspectus or for any statement made or purported to be made by it, or on its behalf, inconnection with the Company, the Offer Shares or the Offering. The Managers and each oftheir respective affiliates, each accordingly disclaims all and any liability whether arising intort, contract or otherwise (save as referred to above) which they might otherwise have inrespect of such document or any such statement. No representation or warranty, express orimplied, is made by any Manager or any of its respective affiliates as to the accuracy,completeness or sufficiency of any of the information set forth in this Prospectus. ThisProspectus is not intended to provide the basis of any credit or other evaluation and shouldnot be considered as a recommendation by any of the Company, the Selling Shareholder orthe Managers that any recipient of this document should subscribe for or purchase OfferShares.The Company, the directors of the Company (the “Directors”, each being a “Director” andcollectively the “Board of Directors”) and the Selling Shareholder signing this Prospectushave exercised the necessary diligence in collecting and recording all the informationrequired by the Public Offer and Prospectus Law and they take responsibility for theaccuracy, correctness and completeness of the information and data contained in thisProspectus and declare, having exercised due care so as to form a responsible opinion, thatthe information contained in this Prospectus is true and correct and contains no omissionlikely to affect its import. The Company and the Directors signing this Prospectus accept,jointly and severally all responsibility for the accuracy and completeness of the informationand facts contained in this Prospectus.Prospective investors should rely only on the information in this Prospectus. No legal entityhas been authorised to give any information or make any representations other than thosecontained in this Prospectus and, if given or made, such information or representations mustnot be relied on as having been authorised by the Company, the Selling Shareholder or theManagers.Potential investors should read this Prospectus in its entirety and determine for themselvesthe relevance of the information contained in this Prospectus and their subscription for orpurchase of Offer Shares should be based upon such investigation as they deem necessary. Inmaking an investment decision, prospective investors must rely upon their own examinationof the Company and the terms of this Prospectus, including the risks involved. The contentsof this Prospectus are not to be construed as legal, financial, business or tax advice. Eachprospective investor should consult his, her or its own legal adviser, financial adviser,business adviser or tax adviser for legal, financial, business or tax advice. If in any doubtabout the contents of this Prospectus, prospective investors should consult their stockbroker,bank manager, legal adviser, accountant or other financial adviser. It should be rememberedthat the price of securities and the income from them can go down as well as up.- iii -