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The information in this document has not been independently verified and is of not a representation or warranty, express or implied, is made as is, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. None of the Company or any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss whatsoever arising from any use of this document, or its contents, or otherwise arising in connection with this document.

This presentation does not constitute or form part of any offer or invitation to sell or purchase, or any solicitation of any offer to sell or purchase any shares or securities of Touchstone Capital. It is not intended to form the basis upon which any investment decision or any decision to purchase any interest in Touchstone Capital is made.

Information in this document relating to the price at which investments have been bought or sold in the past or the yield on investments and cannot be used as a guide to future performance.

Certain statements in this document are forward-looking statements. By their nature, forward-looking statements involve a number of risks, uncertainties or assumptions that could cause actual results or events which will differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties or assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements contained in this document regards past trends or activities and should not be taken as a representation that such trends or activities will continue in the future. You should not place undue reliance on forward-looking statements, which speak only as of the date of this announcement.

Except as required by the law, the Company is under no obligation to update or keep current the forward-looking statements contained in this document or to correct any inaccuracies which may become apparent in such forward-looking statements.

This presentation is directed solely at persons who are (i) outside the United Kingdom; or (ii) accredited investors, as such term is defined in the United States Securities Act of 1933,as amended; or (iii) persons falling within Article 19(5) of The Financial Services and Markets Act 2000 (Financial Promotion) Order 2001(as amended) (the "Order"); or (iv) persons falling within Article 49(2)(a) to (d) of the Order; or (v) persons to whom this presentation may otherwise be lawfully provide (all such persons together being referred to as "relevant persons"). By accepting this presentation the recipient warrants and represents that he or it is a relevant person. Recipients of this presentation in jurisdictions outside the United Kingdom should inform about themselves and observe all applicable legal requirements in their respective jurisdictions

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