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Notice is hereby given by the Issuer that a settlement agreement has been entered into with Lehman Brothers Special Financing Inc. (LBSF) in respect of the dispute relating to the termination of the ISDA Master Agreement dated as of 29 November 2007 and made between the Issuer and LBSF in connection with the Securities.
Pursuant to such settlement agreement the Issuer has agreed to pay to LBSF:
(a) EUR 600,000 (to rank after limb (g) and prior to limb (h) of the Pre-Enforcement Interest Priority of Payments and as limb (d) in the Post-Enforcement Priority of Payments); and
(b) EUR 1,400,000, together with interest on such amount accrued until the date of the settlement agreement and continuing to accrue thereafter on a non-compound basis at a rate of 6 per cent. per annum from and including the Early Termination Date of the ISDA Master Agreement (to rank as limb (r) of the Pre-Enforcement Interest Priority of Payments and as limb (i) in the Post-Enforcement Priority of Payments).
This notice was issued by:
The Issuer
Managing Director
Intertrust Management B.V.
Prins Bernhardplein 200
1097 JB Amsterdam
The Netherlands
Notice to Noteholders - RNS - London Stock Exchange
Pursuant to such settlement agreement the Issuer has agreed to pay to LBSF:
(a) EUR 600,000 (to rank after limb (g) and prior to limb (h) of the Pre-Enforcement Interest Priority of Payments and as limb (d) in the Post-Enforcement Priority of Payments); and
(b) EUR 1,400,000, together with interest on such amount accrued until the date of the settlement agreement and continuing to accrue thereafter on a non-compound basis at a rate of 6 per cent. per annum from and including the Early Termination Date of the ISDA Master Agreement (to rank as limb (r) of the Pre-Enforcement Interest Priority of Payments and as limb (i) in the Post-Enforcement Priority of Payments).
This notice was issued by:
The Issuer
Managing Director
Intertrust Management B.V.
Prins Bernhardplein 200
1097 JB Amsterdam
The Netherlands
Notice to Noteholders - RNS - London Stock Exchange