Disclaimer
Neither the ordinary shares of 25 pence each ("Ordinary Shares") in the capital of NeuTec Pharma plc (the "Company") nor the new Ordinary Shares being offered pursuant to the proposed placing and open offer ("Open Offer Shares"), have been, or will be, registered under the United States Securities Act of 1933 (as amended) or under the securities laws of any state of the United States of America or qualify for distribution under any of the relevant securities laws of Canada, Australia, the Republic of Ireland or Japan, nor has any prospectus in relation to the Ordinary Shares or the Open Offer Shares been lodged with, or registered by the relevant securities commissions of Australia and Japan or with the Registrar of Companies in the Republic of Ireland.
Accordingly, subject to certain exceptions, the Open Offer Shares may not be,
directly or indirectly, offered, sold, taken up, delivered or transferred in
or into the United States of America the territories and possessions of any
states of the United States of America or the District of Columbia (together
the "United States"), Canada, Australia, the Republic of Ireland
or Japan.
Additionally, the prospectus dated 23 July 2004 relating to the Open Offer Shares
(the "Prospectus") may not be forwarded or transmitted into
the United States, Canada, Australia, the Republic of Ireland or Japan or their
respective territories and possessions. Receipt of the prospectus will not constitute
an invitation or offer to overseas shareholders in those jurisdictions in which
it would be illegal to make such an invitation or offer and in such circumstances
the prospectus should be treated as transmitted for information only.
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