Notice of Intended Distribution under the Common Terms - 16 March 2015

Capitalised terms used but not otherwise defined have the meanings ascribed to them in the Common Terms forming part of the Claim Resolution Agreement, dated 29 December 2009, as amended and restated from time to time, and the Omnibus Settlement Agreement, dated 28 February 2013, as amended and restated from time to time.

The Company hereby gives Notice in accordance with Clause 14.1 of the Common Terms, that the Company has nominated 17 March 2015 as the Cut-Off Date and 25 June 2015 as the proposed Distribution Date in relation to the fifth Common Terms Distribution. The proposed Distribution Date is indicative and the actual Distribution Date may be different from the proposed Distribution Date.

The Eligibility Status of each Consenting Beneficiary at any point of time is as indicated on the Portal. Each Consenting Beneficiary should check its status on the Portal and take the necessary steps to ensure that it is eligible for the purposes of the distribution by the Cut-Off Date. If a Consenting Beneficiary is unsure about the steps it needs to take to become eligible, it should contact its usual LBIE contact or send an email to generalqueries@lbia-eu.com.

In order to be eligible to participate in this Common Terms Distribution, Consenting Beneficiaries must be eligible on the Distribution Date.  A Consenting Beneficiary who is shown as not eligible to participate in the distribution on the Portal will not participate in this Common Terms Distribution.  Failure to participate may result in significant delays in receiving a distribution and final settlement of the Consenting Beneficiary’s outstanding claim.

Consenting Beneficiaries are reminded that they are required to provide the Company with confirmed standard settlement instructions (“SSIs”) for payment in USD via the Portal. 

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