The forecasts in the analysis have been gathered for Crest Nicholson through Vuma Consensus, an independent website, from a number of registered research analysts and these are, as such, information that is available publicly.

Vuma Financial Limited has had no access to Crest Nicholson’s internal budgets, forecasts or information which is not generally available. It should be noted the forecasts in the analysis are by definition forward looking and as such speculative and are therefore subject to risks and uncertainties that may materially affect eventual results. Crest Nicholson has not commented on or verified any individual forecasts nor does it intend to do so in the future, and Crest Nicholson shall not be liable for any errors in the content of the individual analysts’ research material. Crest Nicholson assumes no obligation to comment upon, review, update or revise such information and nothing in this analysis should be taken as a recommendation to buy or sell shares in Crest Nicholson or to take any other action or place any reliance on the analysis. When making an investment decision you should seek the advice of an independent financial adviser.

Neither Crest Nicholson nor any of its subsidiary undertakings nor any director, officer or employee of Crest Nicholson or any of its subsidiary undertakings accepts any responsibility for the accuracy or completeness of forecasts used in this analysis and therefore shall have no liability whatsoever for the consequences of any reliance or actions taken or not taken based on any of the information in this analysis.

Consensus is calculated by taking the simple average of the constituent analyst forecasts.

For further information regarding consensus forecasts please contact Jenny Matthews, Head of Investor Relations:

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