SNL Financial ("SNL") provides news, data, and analysis ("Information") related to the financial institutions, real estate, energy and media & communications sectors.

The following guidelines set forth the rules for the use for all SNL Information in all media:

General Rules

• All Information provided by SNL, in any form, is proprietary to SNL and is protected by U.S. and international laws governing intellectual property.
• Commercial use of the Information is prohibited without our express written permission.
• All citations must be limited in scope. Full reproduction of the Information is prohibited.
• All citations of Information in the financial institutions, real estate and energy sectors must be sourced to SNL Financial and include the year.
• All citations of Information in the media & communications sector must be sourced to SNL Kagan and include the year.

Uses That Do Not Require SNL's Approval

• Members of the press may include a copy of each chart, graph, or portion of text less than a paragraph, provided that all such citations adhere to SNL's general citation rules.
• Members of the press may quote SNL analysts from interviews, provided that all such citations are identified with the analyst's name, title and company name.

Uses That Require SNL's Approval

• All uses by non-members of the media who intend to fully reproduce or distribute the Information.
• All uses of the Information in advertisements, press releases, and sales collateral in all types of media.

If you are uncertain about whether a particular citation requires approval, please contact us.

Changes

SNL reserves the right to change these guidelines at any time, without notice. These guidelines are for general informational purposes only, and SNL reserves any and all rights to the Information including but not limited to the right to deny any and all uses of the Information.