Ethical Policy

TP Transcription Limited – Business Ethics Policy Statement

TP Transcription Limited expects and demands that each of
its business units, all of its employees and its Directors carry out their
business and perform their duties to the highest ethical standards and in
compliance with all relevant legal principles. This standard of behaviour and
performance is maintained in the company’s dealings with employees, customers,
suppliers, and all other stakeholders.

General Principles

The company and its employees will at all times demonstrate
the highest levels of integrity, truthfulness, and honesty in order to uphold
both personal and corporate reputations and to inspire confidence and trust in
their respective actions. The company will conduct its business in a competent,
fair, impartial, and efficient manner.

Health and Safety

The company is committed to providing a safe and healthy
working environment for all of its employees both on and off its sites. There
is a programme of regular health and safety audits and safety training. The
company applies its standards to all visitors to its sites.

Environment

The company respects the environment and the need to protect
it and minimise the impact its operations have on it. It is engaged in a
continuous programme of improvement on environmental issues and opens itself to
independent third party verification, inspection, and certification of its
progress. The company maintains an accredited ISO 14001 Environmental
Management System.

Employees

All employees are treated with dignity and respect with
equal employment opportunities given to all irrespective of their race,
religion, gender, sexual orientation, maternity, marital status, family status,
disability, age, or national origin. Employees are offered a safe and healthy
workplace and the company will not tolerate any form of harassment.

Customers

The company will take all reasonable care to avoid
misleading statements, concealment, and overstatement in all of its advertising
and public statements. It will seek to build long term partnerships with its
customers by being honest and straightforward in its dealings at all times. It
will respect the confidentiality of any information it may obtain in relation
to its customers.

Suppliers

Suppliers will be chosen on the basis of factors such as
price, quality, delivery, service, and integrity. The company’s choice of
suppliers will be made objectively. Honesty and openness will be paramount in
the company’s dealings with its suppliers.

Competitors

The company will build its reputation on the basis of its
performance alone. It will compete vigorously and lawfully and will not compete
unfairly with others. It will not seek to damage the reputation of its
competitors either directly or by implication.

Government, Regulators and Legislators

The company will seek to comply with all international,
national, and local legislation affecting its operations. It will strive to
follow the best practice in corporate governance. It will meet its tax
obligations. It will not make any financial contributions or offer support to
any political party.

Giving and Receiving Gifts and Entertainment

Employees will neither seek nor accept for themselves or
others any gifts, favours, or entertainment without a legitimate purpose from
any person or business organisation that does or seeks to do business with, or
is a competitor of TP Transcription Limited. Gifts, favours, and entertainment
may be given to others at the expense of the company as long as these are
consistent with customary business practice and are not excessive in value.

Bribes and Corrupt Practice

The company does not allow the direct or indirect offer,
payment, solicitation, or acceptance of bribes in any form. The company has a
separate Bribery Policy in place which examines in detail the procedures all employees
must follow to avoid involvement in any situation which might lead to the offer
of bribes. The policy makes it clear that any employee found to be involved in
any kind of corrupt practice is likely to be immediately dismissed and may well
have committed a criminal act which could lead to prosecution.