Competition Statement

The Stone And Fuel Company Ltd and each of its shareholder companies in the United Kingdom (“The Stone And Fuel Company Ltd”), has a long tradition of establishing and complying with high standards of business behaviour, standards which often exceed the applicable laws and regulations of those countries in which it operates. It has been and will continue to be the policy of The Stone And Fuel Company Ltd to comply with all applicable laws.

In the complex area of competition law, the Board of Directors of The Stone And Fuel Company Ltd has issued a Compliance Policy and Manual to help The Stone And Fuel Company Ltd personnel understand and comply with UK and EU competition laws. The Board of Directors and all employees of The Stone And Fuel Company Ltd share a commitment and a responsibility to compete fairly and honestly on the basis of price, quality and service, and in full compliance with competition law and with The Stone And Fuel Company Ltd’s competition policy.