TERMS OF USE

Acceptance of Terms through use

By using the Equitas Capital SpA ("Equitas") Web site and proprietary databases created and maintained by Equitas, you signify your agreement to all terms, conditions, and notices contained or referenced herein (the "Terms of Use"). If you do not agree to these Terms of Use please do not use the site or databases. We may from time to time update or revise these Terms of Use. Please check the Terms of Use periodically for changes. Your continued use of this site or the databases following the posting of any changes to the Terms of Use constitutes acceptance of those changes.

Investment information on Equitas Web site

Information on public portions of the Equitas Web site is for general informational and educational purposes only and is not intended for investment purposes.

Intellectual property rights

The Equitas Web site and all proprietary databases created and maintained by Equitas are copyright © 2009 Equitas Capital SpA. All rights reserved. Other brands or products contained on the Equitas Web site and on proprietary databases created and maintained by Equitas are trademarks, service marks, registered trademarks, registered service marks or copyrighted material of their respective holders.

Third party sites

All information included on the Equitas Web site and on all proprietary databases created and maintained by Equitas that has been provided by independent providers or linked to on other Web sites (the "Information") is believed to be reliable. Equitas does not assume any responsibility for the Information and makes no express or implied warranty about the accuracy, copyright compliance, legality, merchantability, or any other aspect of the Information. The inclusion of a third-party link does not imply endorsement of the site by Equitas or any association with its operators.

Proprietary rights

You acknowledge and agree that all content and materials available on the Equitas Web site and on all proprietary databases created and maintained by Equitas are protected by copyrights, trademarks, service marks, patents, trade secrets, or other proprietary rights and laws. Except as expressly authorized by Equitas, you agree not to sell, license, rent, modify, distribute, copy, reproduce, transmit, publicly display, publicly perform, publish, adapt, edit, or create derivative works from such materials or content. In addition, use of the content or materials for any purpose not expressly permitted in these Terms of Use is prohibited.

Disclaimer of warranties

All materials, information, software, and services included on the Equitas Web site and on all proprietary databases created and maintained by Equitas (the "Content") is provided "as is" and "as available" for your use. The Content is provided without warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, or no infringement.