No Offer of Securities - Disclosure of Interests

Under no circumstances should any material at this site be used or considered as an offer to sell or a solicitation of any offer to buy the securities or any other instruments of Mandiri Group or any other issuer. Offers can only be made where lawful under applicable law. If you wish to obtain further details about any information contained on this site we suggest that you contact a Mandiri Sekuritas Representative. It is possible that individual employees of Mandiri Sekuritas may disagree with opinions or recommendations in materials at this site. Mandiri Sekuritas may make a market or deal as principal in the securities, commodities or instruments mentioned in materials at this site or in options or other derivative instruments based thereon. In addition, Mandiri Sekuritas, its shareholders, directors, officers and/or employees, may from time to time have long or short positions in such securities. Mandiri Sekuritas may have managed or co-managed a public offering of, or acted as initial purchaser or placement agent for a private placement of, any of the securities of any issuer mentioned at this site within the last several years, or may from time to time perform investment banking or other services for, or solicit investment banking or other business from, mentioned companies.

No Reliance

While Mandiri Sekuritas uses reasonable efforts to obtain information from reliable sources, Mandiri Sekuritas makes no representations or warranties as to the accuracy, reliability or completeness of any information or document at this site. Opinions and any other contents at this site are subject to change without notice. Mandiri Sekuritas is not utilizing this site to provide investment or other advice to you or any other party, and no information or material at this site is to be relied upon for the purpose of making or communicating investment or other decisions.

Price Information/Valuations

Actionable prices can be obtained only on a real-time, expressly agreed upon basis. Any indicative valuations in materials at this site are provided for information only. They are not an offer to enter into, transfer and assign or terminate any transaction, or a commitment by Mandiri Sekuritas to make such an offer. An indicative valuation may differ substantially from an actionable value. Such estimates do not necessarily reflect Mandiri Sekuritas’ internal bookkeeping or theoretical model-based valuations. Certain factors which may not have been assessed for purposes of these valuations, including, for example, notional amounts, credit spreads, underlying volatility, costs of carry or use of capital and profit, may substantially affect a stated valuation. Indicative valuations in materials at this site may vary significantly from indicative valuations available from other sources. While Mandiri Sekuritas has obtained the information on which these evaluations are based from sources it believes reliable, Mandiri Sekuritas makes no representations or warranties with respect to any indicative valuations.

Material to be Consulted in its Entirety

All materials at this site are meant to be reviewed in their entirety, including any footnotes, legal disclaimers, restrictions or disclosures, and any copyright or proprietary notices. Any disclaimers, restrictions, disclosure or hedge clauses apply to any partial document or material in the same manner as they do the whole, and will be deemed incorporated in the portion of any material or document that you consult or download.

Linked Sites

Mandiri Group has not reviewed any of the sites linked to this site, and is not responsible for the content of off-site pages or any other site linked or linking to the site