Hang Seng Indexes Company Limited and Hang Seng Data Services Limited are both independent from the Trustee (namely, Bank Consortium Trust Company Limited) and the Investment Manager of the Hang Seng Index Tracking Fund (“Licenced Product”). The mark and the name of Hang Seng Index are proprietary to Hang Seng Data Services Limited and Hang Seng Indexes Company Limited publishes and compiles Hang Seng Index pursuant to a licence from Hang Seng Data Services Limited. Hang Seng Indexes Company Limited and Hang Seng Data Services Limited have agreed to the use of, and the reference to mark and name of, the Hang Seng Index by the Trustee in connection with the Licenced Product, but neither Hang Seng Indexes Company Limited nor Hang Seng Data Services Limited warrants or represents or guarantees to any investors in or any other person dealing with the Licenced Product (“Relevant Persons”) (i) the accuracy or completeness of the index and its computation or any information related thereto; or (ii) the fitness or suitability for any purpose of the index or component or data comprised in it or (iii) the results which may be obtained by person from the use of the index or any component or data comprised in it for any purposes, and no warranty or representation or guarantee of any kind whatsoever relating to the index is given or may be implied. To the extent permitted by applicable law, no responsibility or liability is accepted by Hang Seng Indexes Company Limited or Hang Seng Data Services Limited (i) in respect of the use of and / or reference to the index by the Trustee in connection with the Licenced Product; or (ii) for any inaccuracies, omissions, mistakes or errors of Hang Seng Index Company Limited in the computation of the index or (iii) for any inaccuracies, omissions, mistakes, errors or incompleteness of any information used in connection with the computation of the index which is supplied by any other person; or (iv) for any economic or other loss which may be directly or indirectly sustained by Relevant Persons as a result of any of the aforesaid, and no claims, actions or legal proceedings may be brought against Hang Seng Indexes Company Limited and / or Hang Seng Data Services Limited in connection with the Licenced Product in any manner whatsoever by any Relevant Persons investing in the Licenced Product. Any Relevant Persons do so therefore in full knowledge of this disclaimer and can place no reliance whatsoever on Hang Seng Indexes Company Limited and Hang Seng Data Services Limited. For the avoidance of doubt, this disclaimer does not create any contractual or quasi-contractual relationship between any Relevant Person and Hang Seng Indexes Company Limited and / or Hang Seng Data Services Limited and must not be construed to have created such relationship.