THIS DISCLAIMER AND LEGAL STATEMENT APPLIES TO THE ENTIRE CONTENTS OF THIS WEBSITE UNDER THE DOMAIN NAME www.petropavlovsk.net (the “Website”) AND TO ANY CORRESPONDENCE BY EMAIL BETWEEN US AND YOU.  THIS PAGE CONTAINS IMPORTANT INFORMATION EXPLAINING YOUR RIGHTS TO ACCESS AND USE INFORMATION ON THIS WEBSITE. PLEASE READ THIS INFORMATION CAREFULLY. THIS DISCLAIMER AND LEGAL STATEMENT IS ISSUED BY PETROPAVLOVSK PLC.

By accessing any part of this Website you shall be deemed to have accepted this Disclaimer and Legal Statement in full.  If you do not accept this Disclaimer and Legal Statement in full, you should leave this Website immediately.

1        Introduction

1.1    The information, material and content provided in the pages of 
this Website  (including this Disclaimer and Legal Statement)
may be changed at any time without notice. You agree to
review the Disclaimer and Legal Statement regularly and your
continued access to or use of this  Website will mean that you 
agree to any such changes.  Certain provisions of this 
Disclaimer and Legal Statement may be superseded by 
expressly designated legal notices or terms located on
particular pages of this Website

1.2     Any visitor using information contained on this Website does 
so entirely at his  or her own risk. It is intended as general
information only and is not to be relied upon for any
particular purpose.

2      Licence


2.1  Unless otherwise stated, the copyright and other intellectual 
property rights in  all material on this Website (including without 
limitation photographs and graphical images) are owned by
PHM or its licensors. For the purposes of this Disclaimer and 
Legal Statement, any use of extracts from this Website for any 
purpose other than for your own use is prohibited. If you breach 
any of the terms in this Disclaimer and Legal Statement, your 
permission to use this Website automatically terminates and 
you must immediately destroy any downloaded or printed 
extracts from this Website.

2.2  Subject to paragraph 2.2, no part of this Website may be 
reproduced or stored  in any other website or included in any
public or private electronic retrieval system or service without
PHM’s prior written permission.

2.3  Any rights not expressly granted in these terms are reserved.

3     Service access

While PHM endeavours to ensure that this Website is normally 
available 24 hours a day, PHM shall not be liable if for any 
reason this Website is unavailable at any time or for
any period.

4    Links to and from other websites

Any links to third party websites on this Website are provided 
solely for your convenience and should not be construed as an 
endorsement or approval of such websites, products, services or
publications by PHM or its affiliates.  If you use these links, you 
leave this Website and PHM does not accept any liability in
connection with the use of any third party websites to which links 
are contained on this Website and accepts no responsibility of
any nature whatsoever for such websites, or any information
contained on them, or any results that may be obtained from
using them.

5     Visitor conduct

5.1  You may not misuse the Website, including, without
limitation, by hacking or by posting or transmitting to or from
this Website any material which is offensive, unlawful or
technically harmful.  You may not use any part of our Website
on any other website, or link any other website to our Website,
without our prior written permission

5.2   You agree to fully indemnify PHM for any loss or damage
suffered  by PHM or its affiliates for any breach of paragraph
5.1.

6    Disclaimer

The following clauses exclude or limit our legal liability for this
Website. You should read them carefully. They all apply only as 
far as the law permits.

6.1  The information contained on this Website is not comprehensive 
and much of it is historical. No reliance may be placed for any
purpose whatsoever on the information or opinions contained in
this Website, or on the completeness, accuracy or fairness of
such information and/or opinions herein or therein. All
information is provided “as is”, without any kind of warranties
and PHM and its advisers make no representations and
disclaim all express and implied warranties and conditions,
including, without limitation, representations, warranties or
conditions regarding accuracy, timeliness, completeness, non-
infringement, satisfactory quality, fitness for purpose, the use
of reasonable care and skill, or the suitability of the shares of
PHM for any prospective investor and PHM and its advisers
assume no responsibility to you or any third party for the
consequences of any errors or omissions. Neither PHM nor its
advisers accept any liability for any direct or indirect or
consequential loss or damages of any kind resulting from any
use of this Website or any information contained in it.

6.2  This Website and the information on it does not constitute, or
form part of, any offer or invitation to sell or issue, or any
solicitation of any offer to purchase or subscribe for, any shares
in PHM, nor shall it (or any part of it) or the fact of its 
distribution form the basis of, or be relied on in connection with
or act as an inducement to enter into any contract or
commitment therefore and any decisions you make based on
information contained in this Website are your sole
responsibility having, where appropriate, taken independent
advice as to the investment decision and any laws applicable to
such investment.

6.3  Some statements contained in this Website or in documents
referred to in it are or may be forward looking statements.
Actual results may differ from those expressed in such
statements, depending on a variety of factors. Past performance
of PHM or its shares cannot be relied on as a guide to future
performance.

6.4  PHM, its affiliates, agents, representatives, any other party
(whether or not involved in creating, producing, maintaining or
delivering this Website) and the officers, directors, employees,
shareholders or agents of any of them, exclude all liability and
responsibility for any amount or kind of loss or damage that
may result to you or a third party in connection with this Website
in any way or in connection with the use, inability to use or the
results of use of this Website, any websites linked to this
Website or the material on such websites (including but not

limited to loss or damage due to viruses that may
infect your computer equipment, software, data or 
other property on account of your access to, use of, or browsing
this Website or your downloading of any material from this
Website or any websites linked to this Website).

6.5  Nothing in this Disclaimer and Legal Statement shall exclude or
limit PHM’s  liability for:

(a)   death or personal injury caused by negligence (as such
term is defined by the Unfair Contract Terms Act 1977);

(b)   fraud or fraudulent statements; or

(c)   any liability which cannot be excluded or limited under
applicable law.

6.6 If your use of material on this Website results in the need for
servicing, repair or correction of equipment, software or data,
you assume all costs thereof.

7     Applicable laws

7.1  Your use of this Website and downloads from it shall be 
governed in accordance with the laws of England and Wales. 
The English courts shall have exclusive jurisdiction over any 
dispute arising out of your use of this Website.

7.2  Any invalidity of any of the provisions of this Disclaimer and
Legal Statement shall not affect the effectiveness of the
remaining provisions.

7.3  Access to and/or use of this Website is prohibited in any
jurisdiction where such access and/or use could result in any
violation of any law.