Quarter Interim Unaudited Consolidated Financial Statements and Notes

Note 4(ii) and 4(iii) discloses the impact of the transition to IFRS on the Company’s reported interim consolidated financial position, interim consolidated financial performance

The summary financial information provided overleaf has been derived from the unaudited interim consolidated financial statements of Red Football Limited as at

Investments sold short have market risk to the extent that the Master Fund and its Subsidiaries, in satisfying its obligation, may have to purchase securities to cover a short

The bolted stiffened-end-plate (BSEP) connection is made by shop-welding the beam to an end plate. The beam flange-to-plate joints are complete-penetration-groove-welded joints

The unaudited interim condensed consolidated financial statements do not include all disclosures normally provided in annual consolidated financial statements and should be read

Certain new standards, interpretations, amendments and improvements to existing standards were issued by the International Accounting Standards Board (“IASB”)

Notes to Interim Condensed Consolidated Financial Statements (in thousands of Canadian dollars, except per share amounts – unaudited).. 6

Notes to the Consolidated Interim Condensed Financial Statements for the three-month period ended 31 March 2013