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E-MAC Program B.V. - Compartment NL 2007-I

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) .

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 Schedule attached as Schedule 1 to the Programme Agreement

 

E-MAC Program B.V.-Compartment NL 2007-I
(the "Issuer")

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

€ 447,100,000 Senior Class A2 notes 2007 due 2046, issue price 100 per cent. ISIN XS0292255758

€ 20,400,000 Mezzanine Class B Notes 2007 due 2046, issue price 100 per cent. ISIN XS0292256301

€ 11,100,000 Junior Class C Notes 2007 due 2046, issue price 100 per cent. ISIN XS0292258695

€ 9,600,000 Subordinated Class D Notes 2007 due 2046, issue price 100 per cent. ISIN XS0292260162

€ 2,700,000 Subordinated Class E Notes 2007 due 2046, issue price 100 per cent. ISIN XS0292260675

 ( the "Notes" and each class of Notes, a "Class of Notes" and together the "Classes of Notes", the Class A2 Notes,
the Class B Notes, Class C Notes and Class D Notes together the "Put Option Notes" and the holders thereof the
"Put Option Noteholders"
)

Amsterdam, 6 January 2014

 

We refer to our notice dated 28 November 2013 and Condition 4(e) of the Notes, whereby The Royal Bank of Scotland plc. as the Extension Margin Agent shall determine the Extension Margins by selecting a panel of five of the then leading European securitisation underwriters to obtain quotes for the Extension Margins. 

The Extension Margin Agent has only been able to obtain quotes from one (rather than the prescribed five, whereas six such underwriters were requested to provide quotes) leading European securitisation underwriter in respect of the Notes.  The Security Trustee hereby confirms the Extension Margins as published by Notice of 28 November 2013:

 

Class of Notes

Extension Margin

 

Class A2 Notes

 1.75 per cent

 

Class B Notes

 2.50 per cent

 

Class C Notes

 4.25 per cent

 

Class D Notes

 7.00 per cent

 

Class E Notes

 15.00 per cent

 

 

 

ABN AMRO Bank N.V., with the following address, is the Principal Paying Agent in respect of this announcement:

 

ABN AMRO Bank N.V.

Corporate Broking

Tel.: +31 20 344 2000

Fax:   +31 20 628 8481

Email: corporate.broking@nl.abnamro.com

 

Intertrust Management B.V.

Director of the Issuer

Prins Bernhardplein 200

1097 JB Amsterdam

emac@intertrustgroup.com

                                                                                                                                                                                                 

Extension Margin Notice
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