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All queries regarding investment matters should be directed to:
The Independent Investment Trust PLC, 17 Dublin Street, Edinburgh EH1 3PG, Tel: 0131 558 9434, Fax: 0131 558 8602

All queries regarding secretarial/administration matters should be directed to the Registered Office at:
Baillie Gifford & Co, Calton Square, 1 Greenside Row, Edinburgh, EH1 3AN, Tel: 0131 275 2000, Fax: 0131 275 3999

Please note that the Company currently conducts its affairs, and intends to continue to conduct its affairs, so that the Company's ordinary shares can be recommended by Independent Financial Advisers to ordinary retail investors in accordance with the FCA's rules in relation to non-mainstream pooled investment products (NMPI). The Company's ordinary shares are excluded from the FCA’s restrictions which apply to non-mainstream pooled investment products because they are shares in an investment trust.

The Company is an investment company within the meaning of section 833 of the Companies Act 2006.