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Corporate Presentation

Invest Malaysia 2011

Overview of Genting Group

Our Vision

To transform into one of the


worlds top three gaming companies

And we re now No. 2 were No Globally!


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Second Largest Gaming Company


US$ million 35,000

Market Capitalisation
32,415 ,

30,000

25,000

20,091
20,000

20,948

16,528
15,000

16,788

13,988 11,223

10,000

6,424 5,008
5,000

6,431

6,754

7,402

0 Kangwon MGM Land Resorts


As at 8 Apr 2011

Galaxy

Crown

Genting M'sia

SJM

Genting Bhd

Wynn

Wynn Macau

Sands China

Genting S'pore

LVS

Worlds Largest Gaming Properties


US$ million 1,100 1,000 1 000 900

EBITDA (US$) by Property for 2010


1,048

893 810

800 700

615
600 500 400

642

545

319
300 200 100 0 MGM Grand MGM Macau Wynn LV Bellagio Sands Macau

329

259 163

270

271

Grand Lisboa

Kangwon RW Land Genting

MBS

Venetian Macau

Wynn Macau

RW Sentosa

Creating Value for Shareholders


3.5 2.5

RM millio on

1.5 0.5 (0.5)

71

73

75

77

79

81

83

85

87

89

91

93

95

97

99

01

03

05

07

09

A pr -11

1,000 shares in Genting Berhad


(purchased in 1971 @ RM1.00 per share)

227,400 50,533 64,278 116,429 6,000

Genting Berhad shares * Genting Malaysia Berhad shares * Genting Singapore PLC shares ** Genting Hong Kong Ltd shares Ge t g Plantations Berhad s a es Genting a tat o s e ad shares

Total Value RM3.59 million (US$1.19 illi ) (US$1 19 million)

^ Based on closing prices as at 8 Apr 2011 ^^ Accumulated dividends until 31 Dec 2010 Net of initial cost of shares * Adjusted for share split (50 sen to 10 sen par value) ** Adjusted for rights issue (1 for 5)

Value of Shares ^ RM3.30mil (US$1.09mil)

Dividends^^ RM0.29mil (US$97,278)

Corporate Structure
Genting Berhad
Main Board of Bursa Malaysia Market Cap.: US$13.8bn

Structure as at 8 Apr 2011

Plantations & Property


54.6% 49.4%

Leisure & Hospitality


51.9% 58.6%

Energy
Genting Sanyen Power Sdn Bhd
Unlisted

Genting Plantations Bhd


Main Board of Bursa Malaysia Market Cap.: US$2.0bn

Genting Malaysia Bhd


Main Board of Bursa Malaysia Market Cap.: US$7.4bn

Genting Singapore PLC


Singapore Exchange Market Cap.: US$20.9bn 100%

Genting Power China Ltd


Unlisted

100%

18.4%

100%

11.0%

Genting NY LLC
Unlisted

Genting HK Ltd
HK Stock Exchange Market Cap.: US$3.4bn

Genting UK
Unlisted

Rank Group Plc


London Stock Exchange Market Cap.: US$0.9bn

100%

Genting Power Holdings Ltd


Unlisted

95% 50% 50% 30.3%

Genting Oil & Gas Ltd


Unlisted

Norwegian Cruise Line


Unlisted

Travellers Int. Hotel Group, Inc.


Unlisted

Landmarks Bhd
Main Board of Bursa Malaysia y Market Cap.: US$0.2bn

Strong Global Presence

Genting Power, China (2005)

Genting UK Casinos (2006)

Resorts World New York York, USA (2011)


Online Gaming (2008) Alderney, British Channel Islands

Genting Power, India Lanco Kondapalli Ph 1 (2003) Lanco Kondapalli Ph 2 (2009) Aban (2004)

Resorts World Manila, Philippines (2009)

Genting Power, Malaysia (1994)

Genting Oil & Gas, Indonesia North West Natuna PSC (2004) Anambas PSC (2004) Kasuri PSC, West Papua (2008)

Resorts World Sentosa, Singapore (2010)

Resorts World Genting, Malaysia (1965)

Genting Plantations, Malaysia (1980) & Indonesia (2006)

Outlook
Continued growth in regional L&H industry Cash is King! Groups cash position in excess of RM15 billion Development of Resorts World New York Turnaround of Genting UK business Asia represents an excellent market for casino gaming Mature markets in U.S.A. and Europe are also attractive

Genting Group Financials

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Financial Overview
RM (million) Revenue Adjusted EBITDA Adjusted EBITDA Margin (%) Net Profit attributable to S'holders Basic EPS (sen) Net Cash/(Debt) FY10 15,195 7,111 47% 2,203 59.6 1,999 FY09 8,894 3,771 42% 1,044 28.3 1,178 >100 >100 70 +/- (%) 71 89

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Resilient Top Line


RM million 16,000 14,000

71%
15,195

12,000 10,000

8,484 8 484
8,000

9,083

8,894

6,419
6,000 4,000

2,000 0 FY06 FY07 FY08 FY09 FY10

Leisure & Hospitality p y

Plantation

Property p y

Oil & Gas

Power

Others

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Healthy EBITDA Margins


RM million 8,000 7,000 6,000 5,000 4,000

89%
50% 44% 39% 42%

7,111 47%

3,759 3,217

3,540

3,771

3,000 2,000 1,000 0 FY06 FY07 FY08 FY09 FY10

Adjusted EBITDA

Adjusted EBITDA margin

Note: Adjusted EBITDA excludes non recurring items; including fair value gains/losses, impairments, pre-opening & pre-development expenses and other non-operating income/expenses

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Investment Grade Rated Gaming Company


R t d N 1 i A i 200 M t Ad i d C Rated No. in Asias Most Admired Companies: M l i Malaysia f Fi i for Financial i l Reputation (Asian Wall Street Journal reader survey 2008) Rated Baa1 by Moodys, BBB by S&P and A- by Fitch
RM million 17,000 15,000 13,000 11,000 9,000 7,000 5,000 3,000

14,690

15,430

9,468 8,036

9,439

4,146 3,582 1,999 1,178 -95 95


FY06 FY07 Net Cash FY08 FY09 FY10

1,000 1 000 -1,000

Cash & Cash Equivalent

Note: Cash and cash equivalents include money market instruments & restricted cash

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Leisure & Hospitality

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Overview of Genting Malaysia

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Aerial view of Resorts World Genting 17

Strong Domestic Position


Visitors Growth
20

Hotel Guests Nationality FY10


19.6 19 6 19.2 19.5 19.9 19 2 19 5 19 9

17.4 15.4 15.6


15

18.7

18.4

13.4 14.1

10

Malaysia 63%

Singapore 21% China/HK 3% Others 13%

0 00 01 02 03 04 05 06 07 08 09 10

Continued revenue growth despite regional competition (2010 : 3% vs 2009 : 1%) Yield management programs and marketing activities important drivers Day trippers (mostly locals) account for 73% of total visitors to RWG
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Consistent High Occupancy Rates


Room Statistics

Resorts World Genting


Six hotels with 10 000 rooms 10,000
No. of rooms o

12,000

92% 93% 100% 89% 90% 84% 84% 79% 79% 77% 80% 78%
80% Average Occu upancy Rate (%)

10,000 10 000

Average Room Rate of RM81 (2009: RM75) WorldCardTM members takes up more than 61% (2009: 53%) of room sold

8,000 60% 6,000 ,

10,000 10,000 10,000 10,000 40% 10,000 4,000 8,900 7,020 6,1006,100 20% 4,720 2,000 2,930 2 930
0 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 No. of Rooms Average Occupancy Rate 0%

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Overview
Genting Malaysia completed the acquisition of Genting UK on 15 Oct 2010 Purchase P h consideration of 3 1 id i f 351.5 million @ enterprise value of 426 million Largest casino operator in UK in terms of number of casinos (46 casinos) Genting UK Groups performance: FY10 Revenue of 196 million vs 194 million (FY09) FY10 EBITDA of 20 million vs 29 million (FY09) o ( 09) FY10 Visitors of 3.4 million vs 3.5 million (FY09)

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Growth Opportunities
Pursuing opportunities to further strengthen position in UK Partnering NEC Group for a proposed development of a 90 million leisure and entertainment complex including a large casino at the NEC site complex, NEC is UKs most successful exhibition venue and attracts over 3 million visitors a year Selected as the new operator of the casino at The Nile Ritz C S f Carlton Hotel in Cairo, Egypt (expected opening in 2012)

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Artist i A ti t impressions of R i f Resorts W ld N t World New Y k York

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Project Overview
Occupies 210 acres in South Ozone Park in the Borough of Queens, New York Strategic location, located within vicinity of 2 airport terminals and connected g , y p via the mass transit system In September 2010, Genting New York was awarded a 30-years license to p , y ( ) operate 4,500 Video Lottery Terminals (VLT) Estimated project cost of US$500 million inclusive upfront licensing fee of US$380 million Project involves fitting out existing buildings and facilities VLT provided by facilities. supplier on revenue sharing basis Expected soft opening with minimum of 1,600 VLT in 2H 2011

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Key Features

Total area of 413,000 sq. ft (including 135,000 sq. ft casino floor area) Casino Designated low and high limit areas for video gaming F&B facilities Chinese Cuisine, Food Court, 300-seat International Buffet, Lounges & Bar Transport facilities Linkage to NYCs mass transit train system Shuttle services to bus terminal Bus program to neighbouring areas 7,000 car parking spaces ( > 2,000 located in a new indoor garage)

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Construction Progress

Internal fit-out work

Exterior demolition and renovation works 26

Genting Malaysia Financials

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Financial Overview
RM (million) Revenue Adjusted EBITDA Adjusted EBITDA Margin (%) Net Profit attributable to S'holders Basic EPS (sen) Net Cash/(Debt) ( ) FY10 5,333 2,024 38% 1,277 22.4 2,464 , FY09 4,992 2,011 40% 1,324 23.2 5,251 , (4) (3) ( ) (53) +/- (%) 7 1

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Revenue Growth & Strong Margins

RM million 6,000 6 000

7%
5,333 4,887 4,352 4,992

RM million 2,500

5,000

2,046
2,000

2,011 40%

2,024

44% 1,776 1,661

42%

4,000

3,808
1,500

38%

41%

3,000
1,000

2,000

1,000

500

0 FY06 FY07 FY08 FY09 FY10

0 FY06 FY07 FY08 FY09 FY10

Adjusted EBITDA

Adjusted EBITDA margin

Note: Adjusted EBITDA is before exceptional items such as goodwill and other write-offs & one-off gains

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Overview of Genting Singapore

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Overhead view of the RWS site 31

Resorts World Sentosa


Project overview
100% owned by GENS Development cost S$6.59 billion $ Casino with 161,000 sq ft of net area 6 h t l with about 1,600 rooms hotels ith b t 1 600 Universal Studios theme park with 24 attractions Maritime Xperiential Museum Marine Life Park: world's largest oceanarium Retail shopping and extensive F&B

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Site Plan

Hotels

Crockfords Tower 120 rooms

Hotel Michael 470 rooms

Hard Rock Hotel 360 rooms 34

Festive Hotel 390 rooms

Universal Studios Singapore Attractions

Battlestar Galactica

Waterworld

Revenge of the Mummy 35

Coming S C Soon Madagascar: A C Crate Adventure

Phase 2 West Zone

West Zone featuring:

Marine Life Park with worlds largest viewing panel 36

Maritime Xperiential Museum

Online Gaming
Launched 1st online casino brand CircusCasino.com" in June 2008 - operated by Genting Alderney Ltd Offers a range of over 200 casino, card & t bl games, Off f i d table incl. player to player poker Principal market in the UK p - with linkage between the land based casino & online offering being key focus for future development Ensure compliance with various gambling legislative requirements PwC estimated in 2007 that legalization could yield as much as $43 billion in tax revenue over 10 years if it includes sports betting and $34 billion even if it doesn't
37 Alderney

Genting Singapore Financials

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Financial Overview

SGD (million) Revenue Adjusted EBITDA Adjusted EBITDA Margin (%) Net Profit attributable to S'holders S holders Basic EPS (cents) Net Cash/(Debt)

FY10 2,753 1,422 52% 38 0.31 174

FY09 49 15 30% (278) (2.72) (910)

+/- (%) >100 >100 100

>100 >100 >100

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Overview of Genting HK

Resorts World Manila


Introduction
Genting HKs first foray in a land-based attraction, Resorts World Manila (RWM) opened in August 2009 RWM is managed by Travellers International Hotel Group, which is a JV between Genting HK & Alliance Global Group, Inc.

RWM project overview


Located in Newport City, adjacent to NAIA Terminal 3 7.8 hectares, full completion value at US$1.5b Casino with an aggregate gaming area of 16,610 sqm across three gaming fl h i floors 3 hotels with a total of 1,226 rooms One office building (20,278 sqm) headquarters of RWM Extensive F&B, premium cinemas & Performing Arts Theater

Resorts World Manila Overview

Maxims Hotel 172 all-suite rooms

Newport Mall

Performing Arts Theatre 1 500 seats 1,500

World-class entertainment W ld l t t i t

Cruises: Fleet profile


Star and NCL own and/or operate a combined fleet of 18 ships, with two additional ships to join p p , p j the fleet in 2013 and 2014
Net book value of vessels: US$967m (at 31 Dec 2010) VIP tables / Grind tables / Slots: 99 / 196 / 433
SuperStar Aquarius No. of berths: 1,529 Year entered service: 1993 Year of refurbishment: 2007 Gross tonnage: 51,039 SuperStar Libra No. of berths: 1,472 Year entered service: 1988 Year of refurbishment: 2005 Gross tonnage: 42,276 SuperStar Virgo No. of berths: 1,804 Year entered service: 1999 Gross tonnage: 76,800

Carrying equity value of 50% investment in NCL: US$791m (at 31 Dec 2010) Tables / Slots: 198 / 2,091
Norwegian Sun No. of berths: 1,936 Year entered service: 2001 Gross tonnage: 78,309 Norwegian Dawn No. of berths: 2,224 Year entered service: 2002 Gross tonnage: 92,250

Norwegian Star No. of berths: 2,240 Year entered service: 2001 Gross tonnage: 91,000

Norwegian Spirit No. of berths: 1,996 Year entered service: 1998 Year of refurbishment: 2004 Gross tonnage: 77,000

Star Pisces No. of berths: 1,168 Year entered service: 1990 Y t d i Gross tonnage: 40,053

Norwegian Jewel No. of berths: 2,376 Year entered service: 2005 Gross tonnage: 92,000

Norwegian Jade No. of berths: 2,402 Year entered service: 2006 Year of refurbishment: 2008 Gross tonnage: 93,558

MegaStar Aries No. of berths: 66 Year entered service: 1991 Year of refurbishment: 2003 Gross tonnage: 3,341

Norwegian Pearl No. of berths: 2,394 Year entered service: 2006 Gross tonnage: 93,502

Norwegian Gem No. of berths: 2,394 Year entered service: 2007 Gross tonnage: 93,500

Norwegian Sky No. of berths: 2,002 Year entered service: 1999 Year of refurbishment: 2008 Gross tonnage: 76,000 Norwegian Dream No. of berths: 1,747 Year entered service: 1992 Year of refurbishment: 1998 Y f f bi h t Gross tonnage: 50,764

Pride of America No. of berths: 2,138 Year entered service: 2005 Gross tonnage: 81,000

Norwegian Epic (under construction) No. of berths: 4,200 Delivery due in 2Q 2010 Scheduled sailing departs in early 3Q2010 Gross tonnage: 153,000

MegaStar Taurus No. of berths: 66 Year entered service: 1989 Year of refurbishment: 1994 Gross tonnage: 3,341

Other Business Divisions

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Overview of Genting Plantations

Genting Plantations
One of Malaysias lowest cost palm oil producers Current landbank of 66,000 hectares in Malaysia and around 85,000 hectares through JV in Indonesia Lab Leader in Palm Oil NKEA Lab
80

Hectares ('000)
160

Maturity Profile

120

41% 42% 48% 26% 7% 23% 9% 9% 21%

Member of Roundtable on Sustainable Palm Oil since 2004 Strong growth potential with an average age of below 10 years for the Group Maiden harvest from West Kalimantan in July 2010

16%

40

67%
0 FY06

68%

43%

42%

38%

FY07

FY08

FY09

FY10

Mature

Immature

Unplanted & others

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FFB Production & Oil Palm Planted Area


FFB ('000 t) 1,400
Planted area CAGR 14% 17%

Area ('000 ha) 160 140 120 100 80

1,200 1,000 800 600 400 200 0 FY81 FY83 FY85

FFB Production

60 40 20 0 FY87 FY89 FY91 FY93 FY95 FY97 FY99 FY01 FY03 FY05 FY07 FY09

Oil Palm Planted Area


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Total Land Area

FFB Production

Financial Overview

RM (million) Revenue Adjusted EBITDA j Adjusted EBITDA Margin (%) Net Profit attributable to S'holders S holders Basic EPS (sen) Net Cash/(Debt)

FY10 989 443 45% 324 42.8 501

FY09 756 313 41% 236 31.1 430

+/- (%) 31 42

38 37 16

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Sustainable Oil Crops for Food and Fuel


Biotechnology otec o ogy
ACGT, a BioNexus Status Company, is a centre of excellence in genomic science focusing on the application of genome technology for crop improvement. ACGT Next Generation Laboratory (ANGeL) has one of Southeast Asias highest Next-Generation Asia s sequencing capabilities. Completed sequencing, annotating and assembling the oil palm, jatropha and ganoderma genomes. Genting Green Tech, a BioNexus Status Company, focuses on applying ACGTs Marker-Assisted Platform to produce high yielding oil palm seeds Partnership with Department of Agriculture Sabah for joint marker-assisted oil palm breeding programme

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Johor Premium Outlets

Concept Sketch of Entrance

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Johor Premium Outlets

World Class Project


JV with Simon Property Group to establish Johor Premium Outlets in Iskandar Malaysia First Premium Outlets in SEA World s Worlds finest brands selection Entry Point Project for the Tourism NKEA

Key Facts
L Location : G ti Indahpura, Kulai ti Genting I d h K l i intersection of 2 major highways Overall Site : 44 acres Gross Leasable Area : 175,000 sq. ft. No of Tenants : 80-90 Expected opening in 4Q 2011

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Simon Property Group


Background of Simon Property Group
Largest public U.S. real estate company S&P 500 company with capitalization of $59 billion* a total market

Owns or has an interest in 394 retail real estate properties comprising 264 million square feet of GLA in North America, Europe and Asia* Its Premium Outlets portfolio consist of 69 , Premium Outlet Centers; with 57 in the U.S., 1 in Puerto Rico, 8 in Japan, 2 in South Korea and 1 in Mexico Generates annual retail sales in excess of $60 billion in its U S portfolio U.S. Employs more than 5,000 people worldwide

* As at 31 Dec 2010

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Overview of Genting Energy

Power Division
MALAYSIA 58.6%-owned Kuala Langat Power Plant; one of Malaysias most efficient plants 720MW gas-fired combined-cycle co-generation plant 21 year 21-year PPA, expiring 2015 Stable cash-flow, debt-free

CHINA p ( j ) 100% in 724MW Meizhou Wan plant (Fujian Province) INDIA 30% in 368MW Lanco Kondapalli Phase I gas-fired combined-cycle power plant in Andhra Pradesh 30% in 366MW Lanco Kondapalli Phase II gas-fired combined-cycle power plant in Andhra Pradesh 36.26% interest in 113MW Aban Power gas-fired combined-cycle power plant in Tamil Nadu 74% of O&M company in Andhra Pradesh that operates and maintains the 2 power plants in Andhra Pradesh

RENEWABLE ENERGY Wind Power 100% in 91.8MW Jangi Wind in Gujarat (the 1st renewable power plant for the Group) expected commercialisation by 4Q2011 Solar Power Minority interest in Suniva, a producer of monocrystalline silicon photovoltaic cells and modules based in Georgia Atlanta Georgia,
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Oil & Gas Division


Exploration: West Papua
INDONESIA West Papua
Kasuri PSC (Operated - 100% interest); Onshore West Papua
In January 2011, exploration well Asap-1X tested 100 million cubic feet of gas per day defining a significant gas discovery. A large 2D seismic survey across most of the Kasuri Block was 98% complete by March 2011. Two Asap appraisal wells and a 3D seismic survey are planned for 2011.

Development: West Natuna

INDONESIA West Natuna


Northwest Natuna PSC (Operated - 100% interest); West Natuna Sea
Final Plan of Development (POD) submitted to BPMIGAS in 1Q2011. In April 2011, POD will be submitted by them to MIGAS for approval Development contemplates a approval. single well-head platform with an adjoining FPSO to process and store the oil. If approved, first oil could be produced by late 2014

Anambas PSC (Operated - 100% interest); West Natuna Sea


A 4-years exploration extension of the Block until June 2014 was approved by BPMIGAS thereby allowing for the appraisal of the Anambas Gas Discovery over the next 3 years
Testing well Asap-1X Asap-1X

MOROCCO - Offshore Atlantic


Ras Juby Offshore Permit (Operated - 75% interest)
The initial h Th i iti l phase of th E l ti P i d was extended t A il 2011 f the Exploration Period t d d to April 2011. 56

Thank you
Disclaimer p Some of the statements made in this presentation which are not statements of historical facts are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the directors and management of the Genting Group (Group) about its business and the industry and markets in which it operates. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors some of which are beyond the control of the Group and are difficult to predict. Consequently, actual results could differ materially from those expressed or forecast in the forward-looking statements as a result of, p g , among other factors, changes in economic and market conditions, changes in the regulatory environment and other business and operational risks. The Group does not undertake to update these forward-looking statements to reflect events or circumstances that may arise after publication.

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