Non-Mainstream Investment Products

The Board confirms that the Company currently conducts its affairs such that it
would not be considered a non-mainstream pooled investment, and intends to
continue to do so for the foreseeable future. The Company meets these
conditions because, although a non-UK company, it would qualify for approval as
an investment trust by HM Revenue and Customs under section 1158 of the
Corporation Tax Act 2010 if resident and listed in the United Kingdom. The
Company will therefore not be subject to the marketing restrictions described
in the FCA's Policy Statement on the Restrictions on the retail distribution of
unregulated collective investment schemes and close substitutes, which came
into effect on 1 January 2014.