EUROSAIL-NL 2007-1 B.V.

THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION

 

This notice is made pursuant to the Act on Financial Supervision (Wet op het financieel toezicht), pursuant to which inside information should be made forthwith available .

 

If you are in any doubt as to the action you should take, you are recommended to seek your own financial, legal or other advice immediately from your stockbroker, bank manager, solicitor, accountant or other appropriately authorised independent financial adviser.

 

Capitalised terms used herein have the meanings defined or construed in the Master Definitions Agreement entered into by the Issuer in connection with the issue of the Notes on 26 July 2007 as amended and restated.

 

 

EUROSAIL-NL 2007-1 B.V.
(the " Issuer ")

Notice is hereby given with respect to notes of each of the following class(es):

EUR 306,250,000 Class A Mortgage Backed Floating Notes due April 2040, ISIN: XS0307254259/US298797AA96

EUR 14,525,000 Class B Mortgage Backed Floating Rate Notes due April 2040, ISIN: XS0307256114/US298797AB79

EUR 14,000,000 Class C Mortgage Backed Floating Rate Notes due April 2040, ISIN: XS0307257435/US298797AC52

EUR 12,775,000 Class D Mortgage Backed Floating Rate Notes due April 2040, ISIN: XS0307260496/US298797AD36

                                                                               the "Put Option Notes")

 

Amsterdam,   13  November 2012

 

 

Notice is hereby given that the Issuer has received a letter from   the Seller stating that the Seller will use its   right of first refusal and will not purchase and accept assignment of the Mortgage Receivables from the Issuer on or before the First Put Option Date.

 

The Issuer deems it unlikely that it will succeed in finding any third party which would be willing to purchase Mortgage Receivables outstanding on or before the First Put Option Date against the Redemption Repurchase Price as defined in the Transaction Documents.   Consequently, the Issuer expects not to have sufficient funds available to redeem the Put Option Notes on the First Put Option Date.

 

 

 

ATC Management B.V.

Director of the Issuer

Fred. Roeskestraat 123

1076 EE Amsterdam

                       

 

Notice regarding the First Put Option Date