PIFAG update

August 19, 2014

Conditional Settlement of Class Action

The parties to the PIF Class Action have today entered into a conditional Settlement Deed.
The terms of the Deed are strictly confidential and the Settlement is conditional upon the Court approving it. In general terms,
the next steps will be:

1 – Registration – September 2014;

2 – Court approval applications – November/December 2014;

3 – Distributions – expected in first quarter of 2015.

Regards,