Reminder of the 26/03/2013 Deadline for the Consensual Proposals - 22/03/2013

Following the recent launch of the Consensual Proposals to facilitate the return of the Omnibus recovery (the “Proposals”), we would remind customers that the deadline for making an OSA Offer, or for voting in respect of the CRA Resolution, is 17:00 New York time on Tuesday 26 March 2013. We ask that all customers ensure that they have submitted their response via the Portal in advance of this deadline.

Customers are also reminded that any OSA Offer, or any vote in respect of the CRA Resolution, that purports to be subject to any qualification (other than a valid Common Terms Dispute) is likely to be rejected or in certain circumstances accepted on the terms set out in Clause 13.1.3 of the Common Terms (pursuant to which invalid disputes are deemed to be of no effect).

If you have any queries in relation to the content of this update, please call your existing LBIE contact or send an email to generalqueries@lbia-eu.com.

Please continue to monitor this website routinely for updates.

Capitalised terms which are used in this document will have the meanings given to them in the Common Terms unless otherwise indicated.