We accept that the articles read as a whole (although not intended by the author or our Company) caste defamatory aspersions in respect of each of Mr Majteles and Mr del Piano. We accept that these aspersions are incorrect and unreservedly withdraw them.

We sincerely apologise to each of Mr Majteles and Mr del Piano for the distress, hurt and damage caused by the publication of these articles.

Signed for and on the behalf of Aspermont Limited.