This Memorandum has been prepared by //gPUsh Services B.V. ("gPUsh" or "the Company") based on information furnished by its management and employees. This Memorandum relates to the issue of short term fixed rate bills by the Company ("Bond Issue") and contains confidential information regarding the business of the Company. Every Recipient of this Memorandum is bound by confidentiality in respect of all information contained herein. This Memorandum is only being made available to a selected group of investors who are deemed sufficiently expert and / or sufficiently experienced to understand the aspects and risks involved in investing in general, and specifically a financial instrument like a bond, and who will obtain expert advice where and when needed (“Recipients”). The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and the Bond issuance, and does not purport to be all-inclusive or to contain all of the information that a prospective investor may desire. In all cases, prospective investors should conduct their own investigation and analysis of the information and data set forth in this Memorandum and satisfy themselves as to the accuracy, reliability and completeness of such information and data.

The Company makes no representation as to the accuracy or completeness of the information in this Memorandum or any other information made available to Recipients or prospective investors. In particular, no representation or warranty is made as to the achievement or reasonableness of any future projections, management estimates, prospects, returns or market data contained herein. Statements contained in this Memorandum are made in good faith and have been derived from information believed to be reliable as of the date of this Memorandum. Subject to any law to the contrary, and to the maximum extent permitted by law, the Company disclaims and excludes all liability for any loss or damage (whether foreseeable or not) suffered by any person or entity acting on, or refraining from acting because of, anything contained in or omitted from this Memorandum, whether the loss or damage arises in connection with any negligence, default, lack of care or misrepresentation on the part of the Company, its subsidiaries or their Associates or any other cause.

Each Recipient and prospective Investor agrees that it shall not seek to sue or hold the Company, and / or subsidiaries or the Associates so liable in any respect for the provision of this Memorandum and the information contained herein. Nor the Company, nor their Associates accept any responsibility to inform Recipients or prospective investors of any matter arising or coming to any of their notice which may affect any matter referred to in this Memorandum (including but not limited to any error or omission which may become apparent after this Memorandum has been issued). This Memorandum shall not be deemed an indication of the state of affairs of the Company nor shall it constitute an indication that there has been no change in the business or affairs of the Company since the date of this Memorandum or since the date at which any information contained herein is expressed to be stated. If further information in connection with a possible transaction in relation to the Company is provided by the Company, //gPUsh or their Associates or any other person or entity, Recipients and prospective investors acknowledge receipt of such information as though it formed part of this Memorandum.

//gPUsh will arrange for appropriate due diligence by Prospective Investors. In furnishing this Memorandum, //gPUsh undertakes no obligation to provide Recipients or Prospective Investors with access to any additional information. //gPUsh reserves the right, to its sole discretion, to negotiate with one or more Prospective Investors at any time and to enter into a definitive sale and purchase agreement regarding the Company at any time without stating its reasons and without prior notice to any Prospective purchaser. Also, //gPUsh reserves the right to terminate, at any time, further participation in the investigation and proposal process by any party and to modify the procedures without assigning any reason therefore.

The Company intends to operate in the ordinary manner during the evaluation period; however, the Company reserves the right to take any action, whether in or out of the ordinary course of business, which it may deem necessary or prudent in the normal conduct of such business. This Memorandum nor any other information made available to any Recipient, Prospective Investor or its advisors is a binding commitment nor will it form the basis of any contract. A proposal regarding the Company will only give rise to any contractual obligations on the part of the Company upon execution of a definitive agreement. Only those obligations which may be set forth in such definitive agreement will be accepted. This Memorandum does not constitute an offer or invitation for the sale or purchase of securities or any of the businesses or assets described in it in any jurisdiction and no decision has been taken whether and, if so, which of such securities will be offered. This Memorandum does not constitute any form of commitment or recommendation on the part of //gPUsh or any of their respective subsidiaries or associated companies nor does it grant any of the Recipients exclusivity.

This Memorandum shall be governed by the laws of The Netherlands. The distribution of this Memorandum in certain jurisdictions may be restricted by law and, accordingly, Recipients of this Memorandum represent that they are able to receive this Memorandum without contravention of any unfulfilled registration requirements or other legal restrictions in the jurisdiction in which they reside or conduct business. //gPUsh shall not be liable for any violation by any party of such restrictions and limitations.