rules of the game: Exclusions & Legal Stuff

WHO CAN PLAY

Any individual, club or informal partnership (stokvel) may enter the game in their private capacity, unless they fall under the exclusion rule below.

WHO'S EXCLUDED

No employees of the MAM partners (Moneyweb Holdings Limited, Galileo Capital, Online Securities Limited t/a PSG Online) or any members of their immediate families will be eligible to win the competition.

COMPETITION RULES

INTRODUCTION

1. The competition is run by Make-a-Million (Pty) Ltd. The competition's organiser is Make-a-Million ("the organiser").
2. No employees of the organiser or of Moneyweb (Pty) Ltd, Galileo Capital (Pty) Ltd, Online Securities Ltd or any members of their immediate families are eligible for any prizes.

ACCEPTANCE OF RULES

1. These are the rules governing participation in the competition. If you do not wish to be bound by these rules, you should not enter the competition. By entering the competition, you confirm that you have read and accept these rules and will be bound by them.
2. By participating in the competition, you further agree to be bound by PSG Online's Internet terms & conditions. By clicking the check box on the Make-a-Million registration page, you agree to accept these rules and to be bound by them.
3. The organiser reserves the right to cancel, modify or amend the competition at any time, if deemed necessary in its opinion, or if circumstances arise beyond its control.

HOW TO REGISTER

1. You may compete in the competition by registering online at either the Make-a-Million website or the PSG Online website ("the website").
2.  Entry to the competition opens on Monday, 27 July 2009. Entries close on Friday, 13 November 2009. Please take note that you may be at a disadvantage if you enter later than other entrants and that the competition rules will not be amended to accommodate you.
3. The competition will commence at 09h00 on Monday, 31 August 2009 and will close at 17h00 on 27 November 2009.
4.  In order to register you need to open a separate MAM5 SSF trading account by completing the following online application form.
5.  If this is your first registration with PSG Online you are required to submit the required Fica documents which can be faxed through to 011 996 5495.
6. To participate an entrant must deposit exactly R10 000 into Online Securities (Pty) Ltd's bank account for each entry. This amount is calculated as follows:

I.                     R 9 000 – trading funds which can be used as the initial margin on your positions (this money or the single stock futures it buys belongs to you, even after the competition, provided that no losses have been incurred on your positions  which are not covered by your maintenance margin

II.                    R 1 000 – variation margin which is held in a JSE trustees account and will accumulate interest at the applicable JSE Trustees rate for the duration of the competition and is held as a provision for losses incurred which exceed the R9 000 initial required margin value.

III.                  NO ENTRY FEE is required.

7. An entry is valid once the organiser has confirmed to you in writing or by e-mail that you have entered successfully by completing the online registration process, depositing the relevant amount (refer point 6) into the Online Securities-MAM bank account and supplying the necessary FICA documentation. You undertake to provide to the organiser such correct personal particulars as are necessary.

The banking details are:

Account name: Online Securities-MAM
First National Bank (FNB)
Account no: 62225360700
Branch no: 255005 (Corporate Account Services - Jhb)

8. There is no restriction on the number of entries. You may enter as many times as you like. Entry to the competition may be restricted at any time at the organiser's sole discretion.

HOW THE COMPETITION WORKS

9. You may only trade SSF contracts on the Top 40 shares listed on the JSE as well as selected ETFs.  There is no limit to the number of transactions or the volumes of contracts held within the limit of the initial portfolio value of R9 000. All SSF contracts will be automatically rolled over to the next valid SSF contract expiry date for the same instrument, unless competitors agree a different procedure with the organizer in writing.
10. The organiser’s may also offer IDXs to be traded during the competition. In the event of such an inclusion the competition organisers will notify competitors of this inclusion and any limits imposed on trading these contracts via email and on the MAM website.
11. Competitors may not add additional funds to their initial portfolio value unless the funds are to be leveraged against losses incurred once all of their positions have been closed and their initial and maintenance margins do not cover these losses.
12. Dealing in SSFs can take place between 09h00 and 17h00 on any business day. You may telephone 0860 774 774 during these times for a portfolio update.
13. You may withdraw your entry at any stage of the competition. Any withdrawal of cash will be deemed to be a withdrawal from the competition.
14. To qualify for the R1 million prize you must trade your SSF positions out to cash before the closing date – i.e. you start the competition with cash and, for the purposes of your competition entry, you should end the competition with cash. This rule does not apply to other prizes in the competition.
15. The system will deduct normal brokerage commission and the market-makers commission when contracts are bought or sold. Cash balances will attract interest.
16. The ruling price (being the last recorded sales price) will apply when SSFs are traded. The system is able to automatically adjust portfolio holdings in the event of changes in the capital structure of a company's shares.
17. You must ensure that all care is taken when you enter into transactions. The organiser will not be held liable for costs incurred or any other consequences of participants’ errors.
18. You undertake to provide a “Leader Board name" or alias. Your chosen name will not necessarily be available to you if chosen by another entrant or if, in the organiser's sole discretion, it is not acceptable.
19. The organiser may clear (“blank out”) the “Leader Board” two weeks before the closing date of the competition, for the purposes of the competition.
20. The organiser may use your personal particulars for future promotional, marketing and publicity purposes of the organiser and its associated companies and entities.

WINNING - Make a Million

21. The competition winner will be the participant whose cash balance is the highest at the end of the competition period. Any contracts still held in your portfolio will not be counted.
22. The R1 million prize is not transferable, negotiable or deferrable. In the event of a tie, the prize money will be split. The prizewinner will be notified within three weeks of the close of the competition.
23. The organiser's decision is final and no correspondence will be entered into. Neither the organiser nor its agents will be held responsible to any entrant for any disputes arising from the competition or prize awards.
24. The organiser has the sole right to determine what constitutes a winning entry, and whether a participant has validly participated in the competition. The organiser will not enter into any correspondence or discussion about the participation of any participant.
25. The winner undertakes to take part in publicity at the organiser's request, including publicity about accepting the prize or by appearing for interviews. The winner grants permission to the organizer to use the winner’s name and photograph in the media and on the organiser's websites (Make-a-Million, PSG Online and Moneyweb).
26. Winners of specific sub-competitions that may be run within the competition accept that certain other conditions may apply as prescribed by the organiser and/or the respective sponsor of the specific sub-competition.
27. The organiser is of the opinion that prizes may attract taxation. Accordingly, entrants are advised to seek their own taxation or legal advice regarding their participation in the competition. The organiser may withhold any portion of prize money for the purposes of taxation if this is deemed necessary in the opinion of the organiser or the South African Revenue Services.
28. In the case of disqualification, any prize moneys awarded must be refunded to the organiser forthwith.

WINNING – Weekly Trader Competition

29. The Weekly Trader Competition is hosted as a sub-competition of the Make-a-Million 5 Single Stock Future trading competition. Participants will need to enter and abide by all of the Make-a-Million rules in order to qualify for this sub-competition

30. The prizes of the Weekly Trader competition include 7 x BlackBerry Curve 8900 Hosted Email (12 Months) by Vodacom Business (Free Internet and Email). These prizes are sponsored by Vodacom Business, in conjunction with BlackBerry. Any technical faults experienced with these prizes are to be directed to Vodacom Business.

31. The competition winner will be the participant whose portfolio percentage return based on his Leaderboard position is the greatest at the end of the trading week period.
32. The trading week period will run from 09h00 on Monday to 17h00 on Friday.
33. To qualify for the Vodacom Business prize you do not need to trade your SSF positions out to cash before the trading week period ends – i.e. the weekly competition winner will be based on their Leaderboard portfolio values.
34. The Vodacom Business prize is not transferable, negotiable or deferrable. The prizewinner will be announced during the Moneyweb show hosted on the Monday evening post the trading competition week period.
35. The organiser's decision is final and no correspondence will be entered into. Neither the organiser nor its agents will be held responsible to any entrant for any disputes arising from the competition or prize awards.
36. The organiser has the sole right to determine what constitutes a winning entry, and whether a participant has validly participated in the competition. The organiser will not enter into any correspondence or discussion about the participation of any participant.
37. The winner undertakes to take part in publicity at the organiser's request, including publicity about accepting the prize or by appearing for interviews. The winner grants permission to the organizer to use the winner’s name and photograph in the media and on the organiser's websites (Make-a-Million, PSG Online and Moneyweb).
38. In the case of disqualification, any prizes awarded must be refunded to the organiser forthwith.

CONDUCT OF COMPETITION

39. The conduct of the competition and the competition results will be overseen by the competition panel.
40. Any violation or attempt to violate any of the rules will result in the immediate disqualification of the transgressor. Any contravention of the JSE Limited and SAFEX’s listing requirements or of the Securities Services Act of 2004, or any market abuse, will result in the immediate disqualification of the transgressor.
41. The website may not always work due to technical problems beyond the organiser’s control, and the continuous, uninterrupted and error-free operation of the website or DMA (Direct-market-Access) system is not guaranteed. The organiser does not warrant that access to the website service or DMA system will be available, uninterrupted, free from delay or error-free, or that any defects in the website or DMA will be corrected.  The organiser may in his sole discretion exclude any participant from participation in the competition in circumstances that in the organiser's sole discretion renders that participant unfit to participate.

NO LIABILITY

42. The organiser and its agents accept no responsibility for any problems or technical malfunction of any communication network or any late, lost, incomplete, misdirected, incorrectly submitted, delayed, illegible or corrupted entries, and shall not be liable to any entrant for any costs incurred, responses received or any other consequences of user error.
43. The organiser accepts no liability for any loss or damage howsoever arising from your entry into the competition and use of the website, whether due to any error, omission or any other cause by the organiser, or by its employees or agents or others.
44. Under no circumstances will the organiser be liable for any indirect, incidental, special or consequential damages or loss of profits that may result from any use of or access to, or inability to use or access the website.
45. The website and/or DMA system may not always work due to technical problems beyond the organiser’s control, and the continuous, uninterrupted and error-free operation of the website and DMA system is not guaranteed. The organiser does not warrant that access to the website and DMA service will be available, uninterrupted, free from delay or error-free, or that any defects in the website or DMA system will be corrected.
46. If, for any reason, the website and/or DMA system is not capable of operating as intended due to any cause including, but not limited to, tampering, unauthorised intervention, fraud, technical failure or other cause beyond the control of the organiser and that corrupts or affects the administration, security, fairness, integrity or proper conduct of the competition, the organiser is entitled in its sole discretion to cancel or terminate or modify or suspend the competition, or take any other action that may be available, and disqualify any individual whom it deems to have tampered with the competition, website and/or DMA system.

GENERAL

47. The clause headings have been inserted for ease of reference and do not form part of these rules.
48. The organiser reserves the right to amend these rules from time to time in its absolute discretion. You must check the rules every time you visit the website. You agree to be bound by any such alterations.
49. These rules, including any amendments, are the organiser's only rules governing the competition. All other terms, conditions, warranties, representations or endorsements whatsoever regarding the competition and the website, whether express or tacit or implied by law, are excluded to the fullest extent permissible by law.
50. All information, text, audio, software, advertisements, graphics and other material forming part of or contained in the website are the property of the organiser and/or its suppliers and licensors, unless expressly indicated otherwise. All such material is protected under the laws governing copyright and trademarks. You must not modify copy, reproduce, republish, frame, upload to a third party, mail, transmit or distribute any such material in any way, unless expressly authorised in writing by, or on behalf of, the organiser.