Valuations of transactions provided by Societe Generale and/or its affiliates (“SG”) are indicative and for information purposes only.  The valuations do not represent (i) the actual terms on which a new transaction would be entered into, (ii) the actual terms on which any existing transactions could be unwound, (iii) the calculation or estimate of an amount that would be payable following an early termination of the transactions or (iv) the actual valuations given to the transactions by SG in its books of account for financial reporting, credit or risk management purposes.  No representation is made that the indications are current or actionable (i.e., they are not firm quotes).  Securities may not be available for purchase or sale at the price indications and the price indications may change without prior notice.  SG is not obligated to make a secondary market in the securities listed here, and may discontinue doing so at any time.

The valuations have been prepared in good faith in accordance with SG's own internal models and calculation methods and/or are based on or use other available pricing information sources where considered relevant.  Valuations based on different models or assumptions may yield different results.  Numerous factors may affect the valuations, which may or may not be taken into account. Therefore, these valuations may vary significantly from valuations obtained from other sources or market participants.

Valuations are provided for guidance and give an indication of value at a specific point in time.  SG expressly disclaims any responsibility for the accuracy or completeness of any pricing information sources used in its calculations, or any errors or omissions in computing or disseminating these valuations, and for any use you make of the valuations provided.
This information does not constitute a solicitation or an offer to purchase or sell securities or to participate in any trading strategy.