<p style="text-align:justify"><span style="font-size:11pt"><span style="line-height:200%"><span style="font-family:Calibri,sans-serif"><b><span lang="EN-US" style="font-size:12.0pt"><span style="line-height:200%"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">London School of Economics and Political Science (LSE)</span></span></span></span></b></span></span></span></p>

<p style="text-align:justify"><span style="font-size:11pt"><span style="line-height:115%"><span style="font-family:Calibri,sans-serif"><span lang="EN-US" style="font-size:12.0pt"><span style="line-height:115%"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">The London School of Economics and Political Science (LSE) is ranked 8th in the United Kingdom, but it has dropped five places to 49th in the world this year, making it the first UK top ten universities to enter the top 50. LSE is by far the most diversified UK institution since it is placed 7th in the world for overseas students.</span></span></span></span></span></span></span></p>

<p style="text-align:justify"><span style="font-size:11pt"><span style="line-height:200%"><span style="font-family:Calibri,sans-serif"><b><span lang="EN-US" style="font-size:12.0pt"><span style="line-height:200%"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">University of Bristol</span></span></span></span></b></span></span></span></p>

<p style="text-align:justify"><span style="font-size:11pt"><span style="line-height:115%"><span style="font-family:Calibri,sans-serif"><span lang="EN-US" style="font-size:12.0pt"><span style="line-height:115%"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">In the 9th position is the University of Bristol, but it has dropped nine positions this year to 58th in the world rankings. The University of Bristol receives good scores on all ranking factors, especially in academic reputation in which it ranked 74th worldwide.</span></span></span></span></span></span></span></p>

<p style="text-align:justify"><span style="font-size:11pt"><span style="line-height:200%"><span style="font-family:Calibri,sans-serif"><b><span lang="EN-US" style="font-size:12.0pt"><span style="line-height:200%"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">The University of Warwick</span></span></span></span></b></span></span></span></p>

<p style="text-align:justify"><span style="font-size:11pt"><span style="line-height:115%"><span style="font-family:Calibri,sans-serif"><span lang="EN-US" style="font-size:12.0pt"><span style="line-height:115%"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:#0e101a">The University of Warwick ranked 62nd for the second year in a row internationally and is still in 10th position in the United Kingdom. Their ranking success is primarily because of the university’s worldwide perspective, as it scores perfect ranks in the international faculty and foreign student rating categories.</span></span></span></span></span></span></span></p>

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