Government Superannuation Fund Authority Responsible Investment : Exclusions as at May 2013

Cluster Munitions, Nuclear Explosive Devices and Anti-personnel mines Alliant Techsystems Inc Babcock & Wilcox Fluor Corp Hanwha Corporation Honeywell International Huntington Ingalls Jacobs Engineering Kratos Defence & Security Solutions Inc Lockheed Martin Northrop Grumman Poonsang Holdings Poonsang Corporation Serco Group Plc Singapore Technologies Engineering Limited Textron Inc URS Corp Whaling Maruha Group Inc Others African Barrick Gold Africa Israel Investments Barrick Gold Corporation Danya Cebus Elbit Systems Limited Freeport McMoRan Copper & Gold KBR Inc. Shikun & Binui Tokyo Electric Power Company Zijin Mining Group Tobacco Companies 22nd Century Group Inc Adris Grupa dd Adris Grupa dd

Page 1 of 5 Tobacco Companies continued Agrokoop AD Trebinje Aleqbal Investment Co PLC Alliance One International Inc. Alpha Tobacco Manufacturing Co Altria Group, Inc. Angrocentar AD Jezero Tabac AD Asenovgrad in liquidation Auri Inc Bangladesh Leaf Tobacco Co Ltd BAT Vranje ad Vranje BKV Industries Ltd - BT AD Blagoevgrad Bosanac dd Orasje (Malaysia) Berhad British American Tobacco Bangladesh Co Ltd British American Tobacco Chile Operaciones SA British American Tobacco del Peru Holding SAA British American Tobacco Kenya Ltd British American Tobacco PLC British American Tobacco Uganda British American Tobacco Zambi British American Tobacco Zimbabwe Holdings Ltd Bulgartabak Holding AD Carreras Ltd Cat Loi JSC Cerealcom SA Alexandria Ceylon Tobacco Company PLC Cong Ty Co Phan Ngan Son DD za otkup i obradu duhana St Dragonite International Limited Duhan dd Gradacac Duhan-Zenica dd Zenica Duncans Industries Ltd Dupnitza-BT AD Duvan AD Ljubovija Duvan AD Bratunac Duvan Cacak AD Duvankoop ad Backa Palanka

Page 2 of 5 Tobacco Companies continued Duvanska ad Coka Duvanska Han AD Vladicin Han Duvanska industrija ad Bujanovac Duvanski Kombinat ad Podgorica u stecaju Eastern Co SAE Emka AD Empresa Agroindustrial Cayalti Fabrika duhana Mostar dd Mosta Fabrika Duhana Sarajevo dd Sarajevo Fabrika Duvana AD Banja Luka Godfrey Phillips India Lmited Golden Tobacco Ltd Gotse Delchev-Tabak AD Gotse Delchev Grupo Carso, S.A.B. de C.V. -Tabac AD Hoang Long Group Hrvatski Duhani dd Huabao International Holdings Limited Imperial Tobacco Group PLC Isperih BT AD Isperih ITC Ltd Jaka Tabak AD Radovis JAPAN TOBACCO INC. Jerusalem Co Ltd JT International Berhad Karelia Tobacco Company Inc SA Khyber Tobacco Company Ltd Kirin International Holding In Kothari Products Ltd KT&G Corporation Lorillard Inc. Medifirst Solutions Inc Mlin Zabalj AD Zabalj Nicotiana-BT Holding AD NTC Industries Ltd Ltd Panonka AD Sombor Balgarski Targovski Menidzhmant AD Pazardzhik

Page 3 of 5 Tobacco Companies continued Philip Morris (Pakistan) Limited Philip Morris CR as Philip Morris International Inc. Philip Morris Operations ad Nis Philippine Tobacco Flue Cur - Bulgartabak AD Pleven Plima Vrnjci ad Vrnjacka Banja -Yuri Gagarin BT PLC Poljopromet AD Ruma Poslovni sistem Mercator d. d. PT Bentoel Internasional Investama Tbk PT Gudang Garam Tbk PT Hanjaya Mandala Sampoerna Tbk. Raghunath International Ltd Inc. Schweitzer Mauduit International Inc Shanghai Bairun Flavor & Fragr Shanghai Industrial Holdings Limited Tabac AD Shumen Sila Kholding AD Sinnar Bidi Udyog Ltd Slantse Tabak AD Stara Zagora Smokefree Innotec Inc Smokeshop SA Societe Ivoirienne des Tabacs SA Sociedade Caboverdiana de Taba Sofia-Bulgartaback AD Sofia Sokomak Bitola Somboled AD S.A. Star Scientific, Inc. Strumica Tabak Strumica Swan Group of Cos Inc Swedish Match AB Tabak ad Nis Tanzania Cigarrete Company Ltd TSL Ltd/Zimbabwe Tutunski Kombinat AD Prilep

Page 4 of 5 Tobacco Companies continued Tvornica Duhana Zagreb dd Union Tobacco and Cigarette Industries Co Universal Corporation Utalim SA Slatina Vapor Corp Vector Group Ltd. Veles Tabak Veles Virat Crane Industries Ltd Visnjica Ducani AD VST Industries Ltd. West Indian Tobacco Company Ltd Wismilak Inti Makmur Tbk PT Zitosrem AD

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