LEGAL NOTICE

COPYRIGHT

Copyright 2007-2012 Veron Consulting AG. All Rights Reserved. The text, images, graphics, sound files, animation files, video files and their arrangement on Veron Consulting AG Internet sites are all subject to Copyright and other intellectual property protection. These objects may not be copied for commercial use or distribution, nor may these objects be modified or reposted to other sites. Some Veron Consulting AG Internet sites also contain material that is subject to the copyright rights of their providers.

TRADEMARKS

Unless otherwise indicated, all marks displayed on Veron Consulting AG Internet sites are subject to the trademark rights of Veron Consulting AG, this applies especially to its model name plates, and its corporate logos and emblems.

NO LICENSES

The Veron Consulting AG has thought to achieve an innovative and informative Internet site. We hope that you will be as enthusiastic as we are about this creative effort.

However, you also need to understand that the Veron Consulting AG must protect their Intellectual Property, including their patents, trademarks and copyrights. Accordingly, you are hereby on notice that neither this Internet site, nor any material contained therein shall in any way grant or be taken to grant any person a license to the Veron Consulting AG’s Intellectual Property.

CAUTIONS REGARDING FORWARD-LOOKING STATEMENTS

Internet pages, investor relations releases, annual and interim reports, outlooks, presentations, audio and video files of events (live or recorded) and other documents on this website contain among other things forwardlooking statements that reflect management's current views with respect to future events. The words "anticipate", "assume", "believe", "estimate", "expect", "intend", "may", "plan", "project" and "should" and similar expressions identify forward-looking statements. Such statements are subject to risks and uncertainties, including, but not limited to: an economic downturn in Europe or North America; changes in currency exchange rates, interest rates and in raw material prices; introduction of competing products; increased sales incentives; the successful implementation of the new business model for smart; and decline in resale prices of used vehicles. If any of these or other risks and uncertainties occur (some of which are described under the heading "Risk Report" in Veron Consulting AG's most recent Annual Report and under the heading "Risk Factors" in Veron Consulting AG’s most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission), or if the assumptions underlying any of these statements prove incorrect, then actual results may be materially different from those expressed or implied by such statements. We do not intend or assume any obligation to update any forward-looking statement, which speaks only as of the date on which it is made.

NO WARRANTIES OR REPRESENTATIONS

The information on this Internet site is provided by Veron Consulting AG "as is" and to the extent permitted by law, is provided without warranty of any kind, expressed or implied, including but not limited to any implied warranties of merchantability, fitness for any particular purpose, or non infringement. While the information provided is believed to be accurate, it may include errors or inaccuracies.

This Internet site contains links to external sites, which are not under the control of the Veron Consulting AG. Therefore we are not responsible for the contents of any linked site. The Veron Consulting AG is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement by Veron Consulting AG of the linked site.

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