Welcome to Lazard Capital Markets's Internet Site (the "Site"). It is owned and operated by Lazard Capital Markets LLC. By using or accessing the Lazard Capital Markets Site, you agree to be legally bound and abide by the terms and conditions set forth below and elsewhere on this Site.

I. GENERAL DISCLAIMERS

This Site is not intended for any use which would be contrary to local law or regulation. No portion of this Site is directed at you if Lazard Capital Markets is prohibited by any law of any jurisdiction from making the information on this Site available to you. No portion of this Site constitutes investment, legal or other advice nor is it to be relied upon in making an investment decision. No portion of this Site constitutes an offer or an invitation to make an offer to sell securities or to provide investment services of any description.

By accessing this site you are agreeing that your personal data may be utilized by Lazard Capital Markets LLC and each of its subsidiary and associated undertakings together with any subsidiary or associated undertakings of any such undertaking (each a "Lazard Capital Markets entity") and may be held and processed by any Lazard Capital Markets entity and disclosed to third parties anywhere in the world, both electronically and manually, by any Lazard Capital Markets entity for the purposes of any Lazard Capital Markets entity's administration and/or management of its employees, its prospective employees and/or its business, and/or for compliance with applicable policies and procedures, laws and regulations.

E-mail messages may not be secure and may be intercepted by third parties. If you send us an e-mail containing confidential information about you, you agree that you do so at your own risk and that you hold each Lazard Capital Markets entity harmless from any loss that you may suffer as a result.

Lazard Capital Markets LLC ("Lazard Capital Markets") is registered as a broker-dealer with the U.S. Securities and Exchange Commission ("SEC") and is a member of the following self-regulatory organizations: New York, American, Boston and Chicago Stock Exchanges and the National Association of Securities Dealers, as well as a member of the Securities Investor Protection Corporation.

Disclosure of SEC-Required Order Execution Information. SEC Rules 11Ac1-5 (Disclosure of order execution information) and 11Ac1-6 (Disclosure of order routing information) require Lazard Capital Markets to prepare statistical reports on Lazard Capital Markets's order executions and routing. This information about Lazard Capital Markets is publicly available through a third-party vendor, Market Systems, Inc. at this website www.marketsystems.com. Additional information regarding these SEC Rules may be found at SEC's and NASD's websites (www.sec.gov or www.nasd.com).

Local Regulatory Restrictions: Lazard Capital Markets advertises and offers its services and products only in jurisdictions where it is allowed to do so. Not all securities, products or services described on this Site are available everywhere or to everyone. Please contact the Lazard office in your jurisdiction.

II. TRADEMARKS

Lazard Capital Markets and all designations which comprise, include, or incorporate the term LAZARD in any format and service marks are owned throughout the world by Lazard's subsidiaries in their respective territories: Lazard Fr?res & Co. LLC; Lazard Fr?res S.A.S.; Lazard & Co., Holdings Limited; and Lazard Strategic Coordination Company LLC. All rights reserved. Trademarks, service marks, company names and logos appearing on this Site that are not the property of said companies are the property of their respective owners.

III. PROPRIETARY RIGHTS

You acknowledge that this Site is the copyrighted property of Lazard Capital Markets, and you further acknowledge that it may contain information, data, software, photographs, graphs, videos, typefaces, graphics, music, sounds, and other material (collectively "Content") that are protected by copyrights, trademarks, service marks, trade secrets, or other proprietary rights, and that these rights are valid and protected in all forms, media, modes of distribution, and technologies existing now or hereinafter developed. All Content is copyrighted individually or as a collective work under applicable copyright laws and treaties, and Lazard Capital Markets owns all copyrights in the selection, coordination, arrangement, and enhancement of such Content and in databases pursuant to applicable laws and treaties. If no specific restrictions are displayed, you may make copies of selected portions of the Content, provided that the copies are made only for your personal use. Subject to specific restrictions that may govern specific portions of the Site, Lazard Capital Markets grants to you the right to download, copy, transmit and distribute selected portions of the Site (but not the entire Site) for your legitimate and legal business purposes, provided that you maintain all of the Lazard Capital Markets notices, such as all legal notices and disclaimers, copyright notices, trademark legends, or other proprietary rights notices. Except as provided in the preceding sentence or as permitted by the fair use privilege under applicable copyright laws or treaties, if any, you may not upload, post, reproduce, or distribute in any way Content protected by copyright, or other proprietary right, without obtaining permission of the owner of the copyright or other propriety right. In addition to the foregoing, use of any software Content shall be governed by the software license agreement applicable to such software. You may not modify, remove, delete, augment, add to, publish, transmit, participate in the transfer or sale of, create derivative works from, or in any way exploit any of the Content, in whole or in part.

IV. DISCLAIMERS AND LIMITATION OF LIABILITY

Lazard Capital Markets provides the Site only for your convenience. Neither Lazard Capital Markets, nor its managing directors, partners, employees or other representatives, warrant that the Site will be uninterrupted or error-free; nor do they make any warranty as to the results that may be obtained from the use of the Site.

The Site is provided without warranties of any kind, either expressed or implied, including but not limited to warranties of title or implied warranties of merchantability or fitness for a particular purpose.

Neither Lazard Capital Markets nor any other party involved in creating, producing, or distributing the Site shall be liable for any direct, indirect, incidental, special, or consequential damages that result from the use of or inability to use the Site, including but not limited to interruptions, deletion of files or email, errors, defects, viruses, delays in operation or transmission, or any failure of performance, whether or not resulting from force majeure, communications failure, theft, destruction, or unauthorized access to Lazard Capital Markets's records, programs, or services. Because some jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages, in such jurisdictions, our liability is limited by the fullest extent permitted by law.

V. USE OF LINKS

Should you leave this Site via a link contained herein, and view content that is not provided by Lazard Capital Markets, you do so at your own risk. The content to which you link will not have been developed, checked for accuracy, or otherwise reviewed by Lazard Capital Markets. Lazard Capital Markets is not responsible for damages or losses caused by any delays, defects or omissions that may exist in the services, information or other content provided in such Site, whether actual, alleged, consequential or punitive. Lazard Capital Markets makes no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party, including, without limitation, the accuracy, subject matter, quality or timeliness of any electronic content.

VI. TERMINATION OF ACCESS

Lazard Capital Markets may terminate or suspend your access to all or part of the Site, without notice, for any conduct that Lazard Capital Markets, in its sole discretion, believes is in violation of any applicable law or is harmful to the interests of another person, Lazard Capital Markets, or its affiliates, managing directors, partners, employees or other representatives.