NO OFFER OF SECURITIES

Nothing contained in this email should be considered nor shall anything in this email constitute an offer, recommendation or solicitation to sell or buy any security. Any offering or solicitation with respect to any securities or investment vehicles discussed or described herein shall be made only to qualified offerees pursuant to a confidential private offering memorandum describing said offering, along with such relevant support documentation as required from time to time, all of which should be read in their entirety. Further, any securities or investment vehicles discussed or described in this email or any attachment hereto shall not be offered or sold in any jurisdiction in which such offer, solicitation or sale would be unlawful until the requirements of the laws of such jurisdiction have been satisfied.  Two Sigma does not provide tax, accounting, or legal advice, and all recipients are advised to consult with their tax, accounting or legal advisers regarding any potential investment.

USE OF THIS EMAIL

This email is not intended for public use or distribution and should not be disseminated or copied without the express consent of the sender.  If you are not an intended recipient of this email, you are hereby notified that any use, review, dissemination, retention, distribution or copying of this email or any attachment is strictly prohibited. If you have received this email in error, please notify the sender by return e-mail and destroy the original message, attachments and any other content, including all copies thereof.  No confidentiality or privilege shall be waived or lost by any transmission errors.

RELIABILITY OF INFORMATION

Neither Two Sigma nor the sender of this email makes any representation that the information set forth in this email and any attachment hereto with regard to any security and/or investment vehicle is accurate, complete or timely, nor should any such information be relied upon by any person in making any investment decision. Two Sigma shall not be responsible for any errors or omissions, regardless of the cause, or for the results obtained from the access or use of any information set forth in this email or attachments hereto.  In no event shall Two Sigma be liable for any damages, costs, expenses, losses or legal fees associated with any use of the information or attachments contained in this email.

Two Sigma is the marketing name used by the Two Sigma family of companies and includes, among other entities, Two Sigma Investments, LP, a U.S.-registered investment adviser, Two Sigma Advisers, LP, a U.S.-registered investment adviser and Two Sigma Securities, LLC, a U.S.-registered brokerage firm. The views expressed in this message are those of the individual sender except where specifically stated to be the views of one of the Two Sigma family of companies and only then if said person is explicitly authorized to offer said views.

As always, past performance of any security or investment vehicle described in this email is not an indicator of future results.  Finally, all information found herein is subject to change without notice.

TECHNICAL DISCLAIMERS

Two Sigma reserves the right to monitor all email communications (both internal and external) through its network.

Email transmission cannot be guaranteed to be secure or error-free. Therefore, neither the sender nor Two Sigma represent that this information is complete or accurate and it should not be relied upon as such.

Although Two Sigma attempt to sweep e-mail and attachments for viruses, Two Sigma does not guarantee or make any representation that either are virus-free and accepts no liability for any damage sustained as a result of viruses.