Market Abuse

The Market Abuse Directive adopted by the UK on 1st July 2005 expressly prohibits insider dealing, market manipulation and misleading behaviour. Making statements or spreading rumours through the mass media or otherwise (e.g. internet chat rooms) which give or are likely to give a regular user of the stockmarket false or misleading impressions as to the supply of or demand for a listed share, can be a criminal offence.

There are three main types of market abuse that are outlined below:

1. Misuse of information
   Behaviour based on information which is not generally available, which if known, would be relevant to an investor's dealings in a particular stock. This is effectively dealing or encouraging someone else to deal using information about a stock that has not been released to the market.
2. Creating a false or misleading impression
   Behaviour likely to give a false or misleading impression with regard to the supply and demand, or the price or value of an investment or stock.
3. Distorting the market
   Behaving in a way that leads to the manipulation of the price of an investment. This behaviour could lead to a false impression of the market price to investors.

Penalties

The Financial Services Authority has the power to impose an unlimited financial penalty on any individual (whether or not they are employed in the financial sector) where it can be proven that market abuse has occurred.

You can find further information about the Market Abuse Directive on the Financial Services Authority website at www.fsa.gov.uk or by phoning their helpline on 0845 606 1234.

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How we use your personal information

Our main use of your personal information is to look after your account(s) or to provide the specific service you have requested.

Direct Sharedeal Limited may use your details to inform you by letter, telephone, email or otherwise about any special offers, products or services offered by our group of companies and selected third parties, unless you ask us not to do so. If you wish to opt out of this service, please contact us by any means convenient to you. Remember, however, that opting out will stop you receiving information about any of our products or services, which may benefit you.

If you do not want to receive unsolicited mail from other companies, you can prevent this by registering with the Mailing Preference Service. There are also Telephone, Fax and email Preference Services, which enable you to object to receiving unsolicited, marketing phone calls, faxes or emails. To register, simply telephone the appropriate number:

• Mailing Preference - 020 7291 3310
• Telephone, Fax and Email Preference - 020 7291 3320

For more details about all the Preference Services visit the Direct Marketing Associations website at www.dma.org

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Crime prevention and detection

We also have systems that protect our customers and ourselves against fraud and other crime. Customer information can be used to prevent crime and trace those responsible. We may check your details with fraud prevention agencies. If false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies. Law enforcement agencies may access and use this information. We and other organisations may also access and use this information to prevent fraud and money laundering, for example, when:

• Checking details on applications for credit and credit related or other facilities;
• Managing credit and credit related accounts or facilities;
• Recovering debt;
• Checking details on proposals and claims for all types of insurance;
• Checking details of job applicants and employees.

Please contact us if you want details of those credit reference agencies and fraud prevention agencies from whom we obtain and with whom we record information about you. We and other organisations may access and use from other countries the information recorded by fraud prevention agencies. You have a legal right to these details.

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Recording of calls

We may record or monitor telephone calls to or from us. We do this to help maintain the quality of our service and to train our staff.

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Credit referencing

We shall perform a search with a licensed credit reference agency who will keep a record of our search. We do this to establish your credit worthiness only and not to extend a line of credit.

Please remember the value of your investments and the income from them can go down as well as up. You may not get back the full amount you have invested. If you're in any doubt about the suitability of any of our products, or whether to buy or sell shares, you should consult an appropriate Financial Adviser.

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Financial Services Authority

Direct Sharedeal believes that our site tells you what you need to know to make an informed decision about our products.

If you'd like more general information, the FSA, the financial services watchdog, provides a range of free consumer booklets and fact sheets and a Consumer Help line.

Visit their website or call 0845 606 1234.

The FSA can only give general information and cannot recommend the products of any company.

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Risk Warning

Direct Sharedeal does not advise clients on the merits or suitability of any transactions. However, for your protection we would like to draw your attention to the following:

Direct Sharedeal's website should not be regarded as an offer or solicitation to conduct investment business, as defined by the Financial Services and Markets Act (2000), in any jurisdiction other than the United Kingdom. Investors who are resident in or citizens of countries other than the United Kingdom may be subject to local restrictions.

Direct Sharedeal's services may not be available in countries where they are prohibited by local securities law. If in doubt you should contact your usual legal or financial advisor.

The information on Direct Sharedeal's website has been obtained from sources which we believe to be reliable and accurate. We are not responsible for the accuracy of information contained within sites provided by third parties who may have links to or from our pages.

You should be aware that the Internet is not a completely reliable transmission medium and there may be arbitrary delays and omissions and pauses in service provision.

This website has been approved by Direct Sharedeal Ltd.

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