IMPORTANT NOTICE

     Prior to obtaining access to the material contained on this website, which relates the public offering of the shares of Industrial Milk Company S.A. (the “Company”), please read carefully the following information.

     THE MATERIAL CONTAINED ON THIS WEBSITE IS NOT DIRECTED AT AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, AND MAY NOT BE ACCESSED BY PERSONS RESIDENT OR LOCATED IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR UKRAINE OR BY PERSONS RESIDENT OR LOCATED IN ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS.

     The material contained on this website is for promotional purposes only and not a prospectus or other offering document for the purposes of applicable measures implementing EU Directive 2003/71/EC (such Directive, together with the Polish Act on the Public Offering And Conditions Governing the Introduction of Financial Instruments to Organized Trading As well As on Public Companies dated 29 July 2005 and other applicable regulations, the “Prospectus Directive”) and as such does not constitute an offer to sell or the solicitation of an offer to purchase any securities of the Company.

     The prospectus (the “Prospectus”), which has been approved by the Commission de Surveillance du Secteur Financier and has been duly notified to Polish Financial Supervision Authority, constitutes the sole and only legally binding offering document containing information about the public offering of the Company’s shares in Poland and about admission and introduction of the Company’s shares to trading on the Warsaw Stock Exchange. The Prospectus has been published and is available on the Company’s website (www.imcmilk.com.ua) and on the website of ING Securities S.A., acting as the offering broker in Poland (www.ingsecurities.pl) and is available in English language together with the Polish translation of the summary section.

     The Managers of the offer of the Company’s shares are ING Bank N.V., London Branch acting as the Lead Manager and ING Securities S.A. acting as the Listing Agent and Offering Broker. The financial advisor is Investment Capital Ukraine.

     It may be unlawful to distribute the material, to which you will gain access, in certain jurisdictions. Please note that the material is not intended for publication or dissemination in any jurisdiction where such publication or dissemination may be unlawful in accordance with the applicable laws.

    The material contained on this website is not an offer for sale or a solicitation of an offer to purchase any securities of the Company in the United States. None of the securities of the Company have been nor will be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or with any other securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold or delivered within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable states securities laws. Nor does it constitute an offer of, or an invitation to buy, securities of the Company in any jurisdiction in which such offer or invitation is unlawful. There will be no public offering of the Company’s securities in the United States.

     Accordingly, unless an exemption under the relevant securities law is applicable, any securities of the Company may not be offered, sold, resold, delivered or distributed, directly or indirectly, in or into the United States, Canada, Australia, Japan, Ukraine or any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration thereof in, such jurisdiction.

     Neither the Prospectus nor the Company’s securities covered thereby have been or will be publicly offered in any country other than Poland, specifically in accordance with the Prospectus Directive or the Securities Act, and they cannot be offered or sold outside the territory of Poland (including within the territory of other countries of the European Union or the United States of America) unless in any relevant state such offer or sale could be done in compliance with the law without the need for the Company or its advisors to comply with any additional legal requirements. Any investor who resides in or has its registered office outside of Poland should review the relevant regulations of the Polish law as well as the regulations of other countries which may apply thereto in connection with participation in the public offering of the Company’s shares in Poland.

     By clicking the “I AGREE” button below you:

(a)        certify that you are not resident or located in the United States, Canada, Australia, Japan or Ukraine nor any other jurisdiction where to access the material contained on this website would constitute a violation of the relevant laws;

(b)        you agree you will not transfer any of the information contained on this website to any person in the United States, Canada, Australia, Japan or Ukraine, or to anyone in any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration in, such jurisdiction; and

(c)        acknowledge that you have read and understood the notices and disclaimers set forth above and you agree to the restrictions as stated above.