SCHEDULES

SCHEDULE 11 Offers of Securities

Free shares

14

1

The securities are shares and are offered free of charge to any or all of the holders of shares in the issuer.

2

Holders of shares” means the persons who at the close of business on a date—

a

specified in the offer, and

b

falling within the period of 60 days ending with the date on which the offer is first made,

were holders of such shares.