Before entering this Website/page, please read carefully the following important Terms and Conditions (the Terms and Conditions) that govern your access to, and use of, this Website, and acknowledge your agreement of them. If you agree to the terms, click 'I agree' at the end of this document to enter this Website. If you click 'I do not agree' you will not be able to enter this Website.

Restrictions on access

Before accessing this Website, you must confirm and acknowledge that:

(a) the materials on this Website are not directed at, and may not be viewed by or distributed to:

(i) persons located or resident in the United States, its possessions or territories or persons who are U.S. persons (as defined in Regulation S under the Securities Act of 1933, as amended (the Securities Act)); or

(ii) persons in the United Kingdom except for persons who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 as amended (the Order), (ii) are high net worth entities falling within article 49(2) of the Order, (iii) presently hold Permanent Interest Bearing Shares (the PIBS) issued by Coventry Building Society or (iv) are otherwise persons to whom the materials may be lawfully communicated; or

(iii) persons in any Member State of the European Economic Area (other than the United Kingdom) except for persons who are 'qualified investors' within the meaning of Article 2(1)(e) of the Prospectus Directive (2003/71/EC) as amended; or

(iv) any other persons who are not persons to whom the materials may be otherwise lawfully communicated under the laws of any other jurisdiction;

(b) you are (and any person for whom, or on whose behalf, you are acting is) a person to whom the materials on the website may be lawfully communicated under the laws of all applicable jurisdictions and are not subject to any legal requirements that prohibit or restrict you (or such person) from viewing such materials;

(c) you will not offer or sell any securities referred to on the Website, or distribute, transmit or otherwise disseminate any materials or information contained on this Website, other than to persons to whom such offer or sale can lawfully be made or, as the case may be, to whom such materials and/or information can be lawfully distributed under all applicable laws; and

(d) you have complied and will comply with all applicable provisions of the Financial Services and Markets Act 2000 of the United Kingdom with respect to anything done by you in relation to any securities referred to on the Website in, from or otherwise involving the United Kingdom.

No offer or solicitation

Neither this site nor anything contained herein shall constitute an invitation or recommendation to invest or otherwise deal in, or an offer to sell or the solicitation of an offer to buy or subscribe for, any security.

The securities referred to in this Website have not and will not be registered under any applicable laws of any state, province, territory, country or jurisdiction of the United States, Australia, Canada, South Africa, Switzerland or Japan. There shall be no sale of any securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful.

Legal considerations

The distribution material on this site may be restricted by local law in jurisdictions other than the United Kingdom and failure to comply with such restrictions may constitute a violation of the laws of any such other jurisdiction. Persons accessing this site should inform themselves about, and observe, any such restrictions. In particular, no information contained in this site is for distribution directly or indirectly in or into the United States, Canada, Australia, Switzerland, South Africa or Japan.

In particular, no offering or marketing material relating to the PIBS may be publicly distributed or otherwise made publicly available in Switzerland.

Persons accessing this site are deemed to represent that they are not accessing this site from inside the United States and that they are not a U.S. person.

No liability

The material on this site has no regard to the specific investment objectives, financial situation or particular needs of any recipient and should not be relied on when making any investment decision. The information contained on the Website is given at the date of such information and should not be taken to be accurate at any other time. Except for information that is required to be maintained from time to time by Coventry Building Society pursuant to the terms of issue of the PIBS, Coventry Building Society is under no obligation to update or keep current the information on this site and no representation or warranty, express or implied, is or will be made in relation to, the accuracy or completeness of the information.

This Website and the materials contained on this website do not purport to provide any financial, investment, tax, accounting or legal advice or recommendation. Before you enter into any transaction in relation to any securities referred to on this Website, you should obtain your own independent advice from your professional accounting, legal, regulatory, tax or other advisers.

No liability whatsoever is or will be accepted by Coventry Building Society for any loss or damage howsoever arising from any use of this site or its contents (but this is without prejudice to the rights of an investor in the PIBS in the event of a breach by Coventry Building Society of the terms of issue of the PIBS).

Governing law and jurisdiction

These Terms and Conditions and any non-contractual obligations arising out of or in connection with them will be governed by, and construed in accordance with, English law. The English courts will have jurisdiction to settle any disputes which may arise out of or in connection with these Terms and Conditions.

If you are not permitted, or are in any doubt as to whether you are permitted, to view this site or the information contained herein, please exit this site.

Click as appropriate below to enter or exit this site:

I acknowledge and confirm that I have read, understand and accept the above Terms and Conditions.