DISCLAIMER

All of the information, including but not limited to reports, share price, tables, diagrams, maps, photographs and newspaper or journal articles, incorporated in the files and documents of GWR Group Limited ("GWR") website under the web site address and domain name www.gwrgroup.com.au (herein after referred to as the home page), is supplied for the benefit of those with an interest in GWR and not as specific advice to any particular party or person.

Information supplied by GWR for inclusion in the home page is based on publicly available information, internally developed data and other sources. No independent verification of those sources has been undertaken and where any opinion is expressed in the files and documents of this home page it is based on the assumptions and limitations mentioned herein and is an expression of opinion only.

Unless expressly indicated, this home page is not and should not be construed as a prospectus or formal support to any capital raising activities, and the contents should not be used as a substitute for an independent and careful analysis of the contents. You should seek independent advice from your financial adviser before making any decision to invest in GWR.

The information contained within the home page is supplied on the condition and understanding that GWR does not warrant the accuracy, currency or completeness of the files and documents contained in this home page and that before making use of or relying on the contained information the viewer should take due care to satisfy themself as to the accuracy and currency of the information and, where necessary or appropriate, seek expert advice.

GWR shall not be liable and the viewer shall indemnify GWR for any accidents, injury, irregularity, loss or damage caused by or arising, directly or indirectly, as a result of the viewer's use of the information contained within the files and documents that comprise this home page.

Photographs contained on this website are for display purposes only and may not necessarily be assets of GWR.

The information may be freely downloaded but may not be modified without the prior written permission of GWR.

In addition to locally posted information, links are provided to external Internet sites, information of which is outside GWR's control. It is the responsibility of the individual Internet user to make their own decisions about the relevance or accuracy, currency and reliability of information found on external websites.

GWR is not responsible for the contents or reliability of the linked websites and does not necessarily endorse the views expressed within them. Listing shall not be taken as endorsement of any kind. We cannot guarantee that these links will work all of the time and we have no control over availability of the linked pages.