Transfer of programme-related information to other third parties (including

publication by these). KfW further reserves the right to transfer (including for the

purposes of publication) information about the Programme and its financing

during the Entire Period to other third parties so as to safeguard legitimate

interests.

The information is not transferred by KfW to other third parties if the legitimate interests of the Borrower in the information not being transferred outweigh KfW's interests in it being transferred. The legitimate interests of the Borrower particularly include the confidentiality of the sensitive information mentioned in

Article 13.1

(Publication of programme-related information by KfW), which is excluded from publication.

Furthermore, KfW is entitled to transfer information to third parties if this is necessary due to statutory or regulatory requirements or to assert or defend claims or other legal rights in court or administrative proceedings.

14. General provisions