I acknowledge that the calculator has been developed by Sydney Airport Holdings Limited (ACN 075 295 760) (AFSL 236875) from sources and using programming believed to be accurate, but that no warranty of accuracy or reliability is given and that no responsibility arising in any other way (including by reason of negligence for errors or omissions in or from the calculator) is accepted by Sydney Airport Holdings Limited or members of the Sydney Airport Group or their officers.

I acknowledge that it is my responsibility to ensure that income tax returns I lodge are prepared correctly, and that it is my responsibility to satisfy myself as to the correctness of any Report that I may obtain from use of the calculator, and that no liability or responsibility in relation to those matters is accepted by Sydney Airport Holdings Limited or the Sydney Airport Group or their officers.

I acknowledge that the information contained in the Annual Tax Statements and Tax Guides that MAp/SYD has provided to me, or that are available on its website, and other information available on or referred to on that website, gives me sufficient factual information to independently apply (or have my agent or adviser apply) the tax law to arrive at results for purposes of comparison with any information shown in any Report that I obtain from use of the calculator.

I acknowledge that I will need to retain my records of relevant acquisitions and disposals of MAp/SYD stapled securities, and of my choices as to the particular parcels from which any disposals occurred, in order to be able to recompute and substantiate my CGT outcomes on the Simplification, and my cost bases after the Simplification, in the event that I am ever asked to do so by the ATO.

I note and acknowledge that the calculator is intended for use only by investors who held their MAp/SYD investments on capital account for income tax purposes, and I acknowledge that I should not use the calculator if I held my MAp/SYD investments on revenue account.

I acknowledge that the calculator has been developed for intended use only by persons who (i) were residents of Australia for tax purposes at the relevant time, and who (ii) are required to reflect capital gains or losses on their Australian income tax returns, and who (iii) acquired their investments in MAp/SYD by acquisitions on the ASX and/or by participation in the MAp/SYD Distribution Reinvestment Plan and/or by subscription for new securities issued by MAp/SYD and/or because they held MAp stapled securities that participated in the June 2005 MAp reorganisation but who have not acquired MAp/SYD securities at any time in any other way (such as by inheritance), and who (iv) have no amounts to be included in the CGT cost base of any element of a MAp/SYD security other than any purchase or subscription price paid or any amount applied under the MAp/SYD Distribution Reinvestment Plan and any normal brokerage or stamp duty, and for whom (v) the cost base of an element of a MAp/SYD stapled security (relevant to the computation of a capital gain) is identical to the reduced cost base of that element (relevant to the computation of a capital loss). I acknowledge that, if I do not meet all of those criteria and if I use the calculator, the outputs from it will or may be incorrect and unsuitable for use by me (unless appropriate adjustments, relevant to the particular circumstances, are able to be made by me and are correctly made by me).

If I received the MAp/SYD distributions paid on 18 August 2006 and/or 20 February 2007, I confirm that a foreign investment fund (FIF) exemption was not available to me in respect of the amount of "Attributed foreign income (FIF)" included in these distributions.

I acknowledge that the Report that I may generate from use of the calculator will be based on the factual information which I input (regarding dates and times and costs of acquisition and other matters), and that the Report will not be appropriate for use if I input incorrect data or incomplete data.

I understand that the calculator uses those allocations of value of a MAp stapled security among its three components (up to 5 December 2011) contained in Appendix 1 to the 2012 SYD Tax Statement Guide, and I approve the use of that allocation for purposes of the generation of a Report for me by the calculator.

I agree that, if I use the calculator, I will not proceed to generate a Report unless I am satisfied that I have understood and correctly followed the instructions and guidance for use of the calculator.

I acknowledge that the calculator has been developed to assist investors to work out the CGT consequences of their disposals of shares in MAp Airports International Limited in exchange for cash and scrip under the Simplification on 19 December 2011, and to establish the cost base, reduced cost base and date of acquisition for purposes of any possible future CGT discount of the elements of SYD stapled securities that they held immediately after that Simplification, and for no other purpose.