DISCLAIMER

The Franchise Junction Section 12J VCC informs all current and potential investors and users of this guide to take note of the fact that there are risks involved in buying or selling any financial product. Consult a financial  adviser  before  making  any  i n v e s t m e n t  i n  V e n t u r e  C a p i t a l  C o m p a n i e s (“VCC’s”). VCC’s are regulated by the Financial Services Board  (FSCA)  and  are  governed  by  the South African  Revenue  Service  ( S A R S ) . T h e c o n t e n t  p r o v i d e d  i n t  h i s  g u i d e  does not constitute as solicitation, guidance, proposal, invitation or investment  recommendation,  and  prior to selecting a financial product it is  recommended  that investors seek specialised nancial,  legal  and tax advice. The information contained in the guide is subject to change without notice. The Franchise Junction Section 12J VCC informs all users of this guide that no shares can be bought without a registered prospectus and therefore the opportunity to buy shares might differ from  t i m e  t o  t i m e o n  u n a v a i l a b l e s p r o s p e c t u s . The Franchise Junction Section 12 J VCC is an authorised Financial Service Provider (FSCA 47934) and an approved VCC (VCC – 0056).