These Terms and Conditions apply to individuals accessing this Web Site (User), and particularly to the access and the use of any of the web sites provided by the Industrial and Commercial Bank of China (ICBC) Group and its subsidiaries and branches from time to time.

1. Permit of Use
ICBC (London) plc grants to the User revocable, non-exclusive, non-transferable, limited permission to access, use and display this Web Site and the materials provided on it solely for the purposes specifically described herein and so long as the User complies with these Terms and Conditions.

In the event of the User disputing, and or not agreeing to be bound by these Terms and Conditions, the User shall immediately terminate access to this Web Site.

2. Content
This Web Site is intended to provide general information regarding ICBC (London) plc and its products and services and is not intended to provide exhaustive treatment of any subject dealt with.

The information in this Web Site including, without limitation, all research, opinions or other content is therefore not intended nor does it constitute financial, accounting, tax, legal, investment, consulting or other professional advice or services. Before making any decision or taking any action which might affect your personal finances or business you should consult your own professional advisors.

3. Disclaimer of Warranties
3.1 Local Legal Restrictions
This Web Site contains general information about ICBC (London) plc products and services. It is not directed to any person in jurisdictions where the publication or availability of such products or services is prohibited for any reason whatsoever. Moreover, products and/or services on this Web Site may not be available in all jurisdictions and in certain jurisdictions they may be offered by affiliates of ICBC (London) plc, alternatively under a different trade name of ICBC (London) plc.

3.2 Accuracy and reliability of information
The Web Site and content is provided "as is". Except to the extent that liability under the Applicable Law cannot be excluded and to the extent of its own wilful misconduct or gross negligence, ICBC (London) plc makes no representations or warranties whatsoever regarding (1) the currency, accuracy or completeness of any information available by means of this Web Site, including prices; and (2) the results obtained by the User or anyone else from the use of the Web Site.

ICBC (London) plc makes no representations or warranties of any kind whatsoever regarding any information provided by third parties and accessible on or through the Web Site.

Any views expressed as the views of ICBC (London) plc reflect the current views of ICBC (London) plc and may change without notice.

Except to the extent required by the Applicable Law, ICBC (London) plc (1) disclaims any expressed or implied warranties and conditions, including, without limitation, as to non-infringement, merchantability and suitability for a particular purpose; and (2) does not warrant that the Web Site or any services or content therein will be uninterrupted or error-free, that defects will be corrected or that the Web Site, the server on which it is made available or any connected system is free of viruses or other harmful components.

3.3 Links
This Web Site may contain links to other web sites, which in turn may contain material that has been produced by independent providers not affiliated with ICBC (London) plc. ICBC (London) plc accepts no responsibility for information provided on any such web site. Any opinions or recommendations expressed on such web sites are solely those of the independent providers and are not the opinions or recommendations of ICBC (London) plc.

The existence of a link from this Web Site to any other web sites does not constitute a recommendation or approval by ICBC (London) plc of such web sites or any provider thereof.

3.4 Changes to Web Site
ICBC (London) plc may change, suspend, terminate or discontinue any aspect of the Web Site at any time, including the availability of any services, information, features or functions accessible by means of the Web Site. ICBC (London) plc may also impose limits on certain features, functions or services or restrict access to parts or all of the Web Site without notice or liability.

4. Limitation of Liability
The User's attention is drawn to the generally accepted fact that information transmitted via the World Wide Web is susceptible to distortion, monitoring and interception. The User acknowledges that he/she/it shall bear all risk of transmitting such information via the World Wide Web and under no circumstances will ICBC (London) plc be liable for any loss, harm or damage suffered as a result thereof.

Use of the Web Site is entirely at User's own risk, and User assumes full responsibility and risk of loss resulting from downloading, use of or access to the Web Site and/or content.

Except to the extent that liability under the Applicable Law cannot be excluded and to the extent of its own wilful misconduct or gross negligence: (i) ICBC (London) plc shall not be liable for loss or damage of any kind whatsoever arising as a result of (1) information published on the Web Site, or (2) any errors in or omissions from the Web Site; (ii) ICBC (London) plc shall have no liability arising from orders, investment decisions or purchases of third party goods or services (including financial instruments and currency) based on the information provided on the Web Site; and (iii) under no circumstances shall ICBC (London) plc be liable for any damages whatsoever, whether direct, indirect, special or consequential, that are directly or indirectly attributable to the use of, or the inability to use, the Web Site.

5. No Offer, No Advice
Except as otherwise specifically agreed in writing or provided in any other terms and conditions of use applicable to transactions between the User and ICBC (London) plc, (i) nothing on this Web Site is an offer which can be accepted by User so as to create contractual obligations without further action by ICBC (London) plc; (ii) ICBC (London) plc provides no advice with respect to the use of the Web Site (including, without limitation, regarding the execution of transactions or any legal, tax or accounting advice or advice regarding the suitability or profitability of a security, investment or transaction by means of the Web Site); and (iii) the Web Site only provides general information; it is not intended as financial, legal, tax or other advice or as an offer, solicitation or recommendation of securities or other financial products; the information provided to User may not include the same information provided to other users of the Web Site or clients of ICBC (London) plc, and User should obtain independent specific professional advice including financial, tax and / or legal advice that addresses its particular investment objectives, financial situation and needs before making investment decisions.

6. Copyright and Trademark
The Web Site was created in 2003 and is protected by copyright, database rights and other intellectual property rights. ICBC (London) plc retains all rights, title and interest in and to all data, text, images, software and other elements (including multimedia elements) displayed on, distributed from, made available for downloading by means of, or used to provide any of, the Web Site's functionalities (the "Content").

Use of the Web Site and the Content does not grant User any ownership rights in the Web Site or Content. User may copy or print out as a hard copy limited portions of the Content exclusively for private, non-business purposes. All such copies will be subject to these Terms and Conditions and must contain a copy of ICBC (London) plc's copyright notice.

User shall not download, display, reproduce, create derivative works from, transmit, sell, distribute, rent, lease, sublicense, lend or transfer or in any way exploit the Web Site or Content.

7. Applicable Law
Except as might otherwise be stated in any Specific Terms, these Terms and Conditions shall be construed and governed in accordance with the Laws of England and Wales.

8. Amendments
ICBC (London) plc reserves the right to vary or amend these Terms and Conditions in any way. It is User's responsibility to familiarise himself/herself/itself with such changes.

9. No Waiver
No failure or delay on the part of ICBC (London) plc in exercising any right shall be construed as a waiver of any such right. No single or partial exercise of any such right shall preclude the exercise of any other rights. No waiver of any such right shall be deemed a waiver or modification of any other right.

10. Severability
If at any time any provision (or part of any provision) of these Terms and Conditions is or becomes illegal, invalid or unenforceable the aforegoing shall not affect or impair the legality, validity or enforceability of any other provision (or any other part of that provision) of the Terms and Conditions.