SCHEDULES

SCHEDULE 2Compensation: exemptions

PART 2General exemptions

False or misleading information known about

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A person (D) does not incur any liability under regulation 30(1) or (5) if D satisfies the court that the person suffering the loss acquired the transferable securities in question with knowledge—

a

that the statement was false or misleading,

b

of the omitted matter, or

c

of the circumstances giving rise to the obligation to publish a supplementary prospectus,

as the case may be.