This presentation does not constitute an offer or invitation to sell, or any solicitation of any offer to subscribe for or purchase any securities, and nothing contained herein shall form the basis of any contract or commitment whatsoever. No reliance may be placed for any purposes whatsoever on the information contained in this presentation or on its completeness, accuracy or fairness.

The information contained in this presentation is only current as of the date of this presentation and may be subject to further verification, amendment and supplement in any way without liability or notice to any person. The opinions presented herein are based on general information gathered at the time of writing and are subject to change without notice. In providing access to this presentation, no-one undertakes any obligation to provide you with access to any additional information or to update this presentation or any additional information or to correct any inaccuracies in any such information which may become apparent.

None of Gatwick Funding Limited, Gatwick Airport Limited, any member of its Group nor any of their shareholders, affiliates, directors, officers or employees nor any other person accepts any liability (in negligence or otherwise) whatsoever for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection therewith.

This presentation is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction. Any person into whose possession any document containing this presentation or any part of it comes should inform themselves about, and observe, any such restrictions.

This presentation is only addressed to and directed at persons in member states of the European Economic Area that have implemented the Prospectus Directive who are ''qualified investors'' within the meaning of Article 2(1)(2) of the Prospectus Directive. In addition, this presentation is directed solely at (i) persons outside the United Kingdom; or (ii) investment professionals, as such term is defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (the ''Order''); or (iii) persons falling within Article 49(2)(a) to (d) (''high net worth companies, unincorporated associations etc'') of the Order; or (iv) persons to whom any invitation or inducement to engage in investment activity can be communicated in circumstances in which section 21(1) of the Financial Services and Markets Act 2000  (the ''FSMA'') does not apply (all such persons in (i)-(iv) above being ''relevant persons''). Any investment activity to which this presentation relates will only be available to and will only be engaged with relevant persons. Any person who is not a relevant person should not act or rely on this presentation.

This presentation is an advertisement for the purposes of the applicable measures implementing the Prospectus Directive. A prospectus prepared pursuant to the Prospective Directive is intended to be published, which, if published, can be obtained in accordance with the applicable rules.