REQUIREMENTS IMPOSED BY THE OFFICE OF FAIR TRADING (OFT}

PURSUANT
TO
SECTION
33A AND
SECTION
33D(4}
OF
THE

CONSUMER CREDIT ACT 1974 ('the Act'}

REQUIREMENTS RELATING TO:

Capital Cash Limited (consumer credit licence No: 541223), (Company

Number 4 703214).

THE OFT REQUIRES CAPITAL CASH LIMITED TO DO OR NOT TO (OR TO

CEASE DOING) AS FOLLOWS:

1. Capital Cash (Capital Cash) shall not either by itself or through its

agents allow its management or operation to be influenced in any way

by lain Shearer or James Dawes for any reason except for the

purpose of facilitating either or both of the IVA's by which lain

Shearer and James Dawes are bound. Therefore Capital Cash shall:

a) Not make any direct, indirect, written or oral' communication,

including through its agents, to lain Shearer or James Dawes

relating to the management or operation of Capital Cash other than

for the purpose of facilitating one or other or both of the IVA's by

which lain Shearer and James Dawes are bound.

b) Report to the OFT any communications otherwise than in

accordance with 1 .a above between Capital Cash and lain Shearer

or between Capital Cash and James Dawes which take place and

which come to the attention of the management or any other

agents of Capital Cash on or before 31 March 2014, and provide

the
OFT
with
an
accurate
and
detailed
record
of
the

communication.

c) Report to the FCA any communications otherwise than accordance
with 1 .a above between Capital Cash and lain Shearer or between

Capital Cash and James Dawes which take place on or after 1 April

201 4 or which only come to the attention of the management of

Capital Cash on or after 1 April 2014, and provide the FCA with an

accurate and detailed record of the communication.

2. Capital Cash shall:

a) Inform the OFT in the event that voting rights in respect of shares

legally owned by lain Shearer or James Dawes are exercised on or

before 31 March 2014 and inform the FCA in the event that voting

rights in respect of shares legally owned by lain Shearer or James

Dawes are exercised on or after 1 April 2014, supplying copies in

each case of sufficient documents and explanation to evidence the

subject matter of the vote and the manner in which the relevant

voting rights have been exercised.

b) Inform the OFT in the event that before 1 April 2014 there is a

change, or a change is proposed, to the legal or beneficial

ownership of the shares which lain Shearer and James Dawes own.

c) Inform the FCA in the event that on or after 1 April 2014 there is a

change, or a change is proposed, to the legal or beneficial

ownership of the shares which lain Shearer and James Dawes own.

ANY FAILURE TO COMPLY WITH THE ABOVE REQUIREMENTS WILL RENDER

CAPITAL CASH LIMITED LIABLE TO FURTHER FORMAL ACTION BY THE OFT.

THIS COULD INCLUDE THE IMPOSITION OF FINANCIAL PENAL TIES PURSUANT

TO SECTION 39A OF THE ACT AND/OR THE REVOCATION OF CAPITAL CASH
LIMITED CONSUMER CREDIT LICENCE PURSUANT TO SECTION 32 OF THE

ACT.

Authorised signatory on behalf of the OFT

Mario Theodosiou, Consumer Credit Enforcement Director

Date: 14 ( J / J..c:;/ ~-