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The following new clause is effective from 20 May 2009

Clause 3. xiii

Where a Corporate Event in respect of an investment held on your Account includes an offer for you to purchase additional shares in proportion to your existing holding and you do not take up that offer, any entitlement to buy shares which is not taken up, will lapse. In these circumstances we may instruct the Nominee to take up that offer and purchase those shares. The Nominee is able to do this as it is the legal owner of the investment. When the Nominee then sells those shares, we will retain in full any profit that is made and we will be liable for any loss.