Email disclaimer

The information in this Internet email is confidential and may be legally privileged. The contents must not be disclosed to nor used by anyone other than the above-named recipient(s). E-mails are susceptible to interference. You should not assume that the contents of this e-mail originated from London Central Portfolio Limited (LCP) or that they have been accurately reproduced from their original form. If in doubt, please verify the authenticity with the sender. LCP accepts no responsibility for information provided, errors or omissions in this e-mail or use or misuse thereof. Each page attached hereto must be read in conjunction with this disclaimer. London Central Portfolio Ltd is an Appointed Representative for general insurance activities of Clear Insurance Management Ltd. London Central Portfolio Ltd is a limited company registered in England No: 2494797.

LCP Capital Investments Limited is incorporated in England and Wales with Company Number 9634810. Its Registered Office is at 155 Sheen Road, Richmond, Surrey, TW9 1YS. LCP Capital Investments Limited is an appointed representative of F2 Capital Ventures LLP (authorised and regulated by the Financial Conduct Authority).

LCP Capital Investments Limited does not provide investment advice to retail clients and it is currently engaged in promoting investments in The London Central Residential Recovery Fund Ltd (LCRRF) which is expected to undergo a restructure and re-launch in 2018 to trade as The Recovery Fund (TRF). If you require advice, you should approach a specialist regulated financial adviser with expertise in investing in the ordinary shares of property companies. Please note that LCP and LCPCI may record telephone conversations for compliance monitoring and training purposes.

The Recovery Fund, following the proposed restructure, is expected to be regarded as a regulated property fund in Guernsey and an independent closed-ended off-shore property company (advised by LCP) in the UK. Any reference to an investment opportunity outlined in this email is aimed at investors who are sufficiently sophisticated to understand the nature of the investments and the risks involved. The risk factors set out below and in the Investment Memorandum that will be issued ahead of the re-launch are important.

Any reference to the past performance of LCRRF to date does not infer that the performance will continue and there is a risk that the investment objectives of TRF will not be realised going forward. Projections or forecasts are subject to many assumptions, some of which may not come to pass. The capital value of any shares in TRF may fall and investors may not get back the amount originally invested. Past performance of property investments is not a guide to the future. Please be aware that the details contained within this email and any attachments hereto are subject to change and it is recommended that investors should undertake research for the purposes of due diligence. An offer of securities will be set out in detail in an Investment Memorandum before the shares are offered and any investment should be made solely on this basis. This email is intended to elicit preliminary expressions of interest and does not constitute any offer, solicitation or advice to invest. It is aimed at persons in the United Kingdom and outside of the European Union, other than anyone in any jurisdiction where such promotion would be illegal, notably the United States of America. Any investor based outside the UK should take into account any possible currency fluctuations and the impact this might have on their returns.