Possible Offer

POSSIBLE OFFER (“POSSIBLE OFFER”) FOR LOGISTICS DEVELOPMENT GROUP PLC (“LDG”) BY DBAY ADVISORS LIMITED (“DBAY”) OR A MEMBER OF ITS GROUP

ACCESS TO THIS AREA OF THE WEBSITE (THE “MICROSITE”) MAY BE RESTRICTED UNDER SECURITIES LAWS OR REGULATIONS IN CERTAIN JURISDICTIONS. THIS NOTICE REQUIRES YOU TO CONFIRM CERTAIN MATTERS (INCLUDING THAT YOU ARE NOT RESIDENT IN SUCH A JURISDICTION), BEFORE YOU MAY OBTAIN ACCESS TO THE INFORMATION ON THE MICROSITE. THESE MATERIALS ARE NOT DIRECTED AT OR TO BE ACCESSED BY PERSONS RESIDENT IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION OR WOULD RESULT IN A REQUIREMENT TO COMPLY WITH ANY CONSENT OR OTHER FORMALITY WHICH LDG REGARDS AS UNDULY ONEROUS (“RESTRICTED JURISDICTION”).

This Microsite contains announcements, documents and other information (“Information”) published by LDG and/or DBAY in connection with the Possible Offer. The Information is being made available in good faith and for information purposes only and is subject to the terms and conditions set out below.

The Information contained in this Microsite does not constitute an offer to sell or otherwise dispose of, or any invitation or solicitation of, any offer to purchase or subscribe for any securities pursuant to the Possible Offer or otherwise in any jurisdiction in which such offer or solicitation is unlawful.

The Possible Offer may be made by means of a scheme document or offer document which, if the Possible Offer proceeds, will contain the full terms and conditions of the Possible Offer, including details on how it may be accepted. Any decision made in relation to the Possible Offer should be made solely on the basis of the information provided in any such document.

Please read this notice carefully – it applies to all persons who view the Microsite to access Information and, depending on who you are and where you live, it may affect your rights. This notice and the Information contained in this Microsite may be altered or updated from time to time, and should be read carefully each time you visit this Microsite.

The Information speaks only at the date of the relevant information reproduced on this Microsite. LDG does not have, and does not accept, any responsibility or duty to update any such Information and reserves the right to add to, remove or amend any Information reproduced on this Microsite at any time and at its absolute discretion (nor does any affiliated company).

Access to the Microsite

You are attempting to enter the Microsite that is designated for the publication of documents and information in connection with the Possible Offer.

If you would like to view this Microsite, please read this notice carefully. This notice applies to all persons who view this Microsite and, depending on where you are located, may affect your rights or responsibilities. LDG reserves the right to amend or update this notice at any time and you should, therefore, read it in full each time you visit the site. In addition, the contents of this Microsite may be amended at any time, in whole or in part, at the sole discretion of LDG.

This Microsite contains electronic versions of materials relating to the Possible Offer. The materials you are seeking to access are made available in good faith and for information purposes only and are subject to the terms and conditions set out below. The materials do not constitute an offer to sell or otherwise dispose of or an invitation or solicitation of any offer to purchase or subscribe for any securities pursuant to the Possible Offer. Any person seeking to access this Microsite represents and warrants to LDG that they are doing so for information purposes only.

To allow you to view information about the Possible Offer, you must read this notice and then click ‘ACCEPT’. If you are unable to agree, you should click ‘DECLINE’ and you will not be able to view information about the Possible Offer.

Overseas jurisdictions

Viewing the materials you are seeking to access may be unlawful if you are resident or located in certain jurisdictions. In certain jurisdictions, only certain categories of persons may be allowed to view such materials.

All persons resident or located outside of the UK who wish to view this Microsite must first satisfy themselves that they are not subject to any local requirements which prohibit or restrict them from doing so and should inform themselves about, and observe, any legal or regulatory requirements applicable in their jurisdiction.

These materials are not directed at or intended to be accessible by persons resident in any jurisdiction if to do so would constitute a violation of the relevant laws or regulations of that jurisdiction.

Copies of the contents of the Microsite are not being, and must not be, released or otherwise forwarded, published, distributed or sent, in whole or in part, directly or indirectly, in or into a Restricted Jurisdiction and persons receiving such documents (including custodians, nominees and trustees) must not distribute or send them in, into or from a Restricted Jurisdiction. You should not download, mail, forward, distribute, send or share the information or documents contained on this Microsite to any person. In particular, you should not mail, forward, distribute or send the information or documents contained on this Microsite to any jurisdiction where it would be unlawful to do so.

This Microsite contains information that has been prepared for the purposes of complying with English law and the City Code on Takeovers and Mergers (the “Code”) and the information disclosed may not be the same as that which would have been disclosed if this information had been prepared in accordance with the laws and regulations of any jurisdiction outside of England and Wales.

It is your responsibility to satisfy yourself as to the full observance of any relevant laws and regulatory requirements. If you are in any doubt, you should not continue to seek to access this Microsite and you should take legal advice. Neither LDG nor its advisers accept responsibility for any violation by a person of these restrictions.

If you are not permitted to view materials on this Microsite, please exit this Microsite.

Notice to US investors

The materials do not constitute an offer to acquire or exchange securities in the United States (the “US”). The Possible Offer relates to the securities of an English company which may be made by means of a contractual offer or by means of a scheme of arrangement provided for under English law. A transaction implemented by means of a scheme of arrangement is not subject to the tender offer rules or the proxy solicitation rules of the US Securities Exchange Act of 1934, as amended. Accordingly, the Possible Offer (if made by means of a scheme of arrangement) would be subject to procedural and disclosure requirements applicable in the United Kingdom which are different from the disclosure requirements of the US tender offer and proxy solicitation rules of the US.

Any financial statements or other financial information included in this Microsite may have been prepared in accordance with non-US accounting standards that may not be comparable to the financial statements of US companies or companies whose financial statements are prepared in accordance with generally accepted accounting principles in the US. It may be difficult for US holders of shares to enforce their rights and any claims they may have arising under the US federal securities laws in connection with the Possible Offer, since each of LDG and DBAY is located in a country other than the US, and some or all of their officers and directors may be residents of countries other than the US. US holders of shares may not be able to sue LDG and DBAY or their respective officers or directors in a non-US court for violations of the US securities laws. Further, it may be difficult to compel LDG and DBAY and their respective affiliates to subject themselves to the jurisdiction or judgment of a US court.

Neither the US Securities and Exchange Commission, nor any securities commission of any state of the US, will approve or disapprove the Possible Offer, pass judgment upon the fairness or merits of the Possible Offer, or pass comment upon the adequacy or accuracy of the information in this Microsite.

Responsibility

In relation to any Possible Offer-related materials accessible on this Microsite please note any statement of responsibility contained therein.

In relation to any Information, the only responsibility accepted by the directors of LDG or by LDG is for the correctness and fairness of its reproduction unless a responsibility statement in any relevant document expressly provides otherwise.

The documents included in this Microsite issued or published by LDG speak only at the specified date of the relevant document and LDG (and any affiliated companies) has, and accepts, no responsibility or duty to update or revise such documents (other than to the extent such duty arises as a matter of law or regulation).

Neither the directors of LDG, nor LDG, nor any affiliated companies of LDG, have reviewed, and no such person is or shall be responsible for or accepts any liability in respect of, any information contained on any other website which may be linked to or from this Microsite.

Forward-looking statements

The information included in this Microsite may contain statements about LDG and DBAY that are or may be forward-looking statements. All statements other than statements of historical facts included in this Microsite may be forward-looking statements. Without limitation, any statements preceded or followed by or that include the words ‘targets’, ‘plans’, ‘believes’, ‘expects’, ‘aims’, ‘intends’, ‘will’, ‘may’, ‘anticipates’, ‘estimates’, ‘projects’, or words or terms of similar substance or the negative thereof, are forward-looking statements. Forward-looking statements include, but are not limited to, statements relating to the expected benefits of the acquisition to LDG and DBAY, the expected timing and scope of the Possible Offer and other statements other than historical facts. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Such forward-looking statements are based on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Many factors could cause actual results to differ materially from those projected or implied in any forward-looking statements. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Each of LDG, DBAY and their respective members, directors, officers, employees, advisers and any person acting on behalf of one or more of them expressly disclaims any intention or obligation to update or revise any forward-looking or other statements contained herein, whether as a result of new information, future events or otherwise except as required by applicable law.

None of LDG, DBAY and their respective members, directors, officers, employees, advisers and any person acting on their behalf provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements on this Microsite will actually occur.

Unless expressly stated otherwise, no statement contained or referred to in this Microsite is intended to be a profit forecast.

Other

If you are in any doubt about the contents of this Microsite or the action you should take, you should seek your own financial advice from an independent financial adviser authorised under the Financial Services and Markets Act 2000 (as amended) or, if you are located outside the UK, from an appropriately authorised independent financial adviser.

This notice shall be governed by and construed in accordance with English law.