A number of financial institutions have established unsponsored American Depositary Receipt ("ADR") programs in respect of Iress Limited ("Iress") ordinary shares. Iress does not participate in the offer or sale of, nor the solicitation of offers to purchase, the securities issued in connection with these programs (or any other similar programs) and is not a party to the ADR deposit agreements in connection with these programs (or any other similar programs). Iress hereby disclaims any liability in respect of any unsponsored ADR program.