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U. Contratos de construcción

V. Costos por intereses

8. Instrumentos financieros

M A R K E T

P R A C T I C E

B O O K - AN N E X E S

(c)

Final copies of programme documents on establishment/update. On the establishment

of a programme, a copy of each of the final base prospectus, including the form of Final

Terms, and the Trust Deed (if any) and Agency Agreement should be sent to each

Intermediary no later than the end of the business day following the closing date of the

first drawdown, and any update/ supplement should be sent to each Intermediary within

one business day of its finalisation.

2. Provision of prospectus and other documentation.

(a)

Where any Intermediary is to perform actions, then unless these procedures have

been agreed and operated by that Intermediary in a previous transaction, they should

be discussed and agreed with the Intermediary as early as possible during the

documentation of the transaction, prior to the closing date, to enable the ICSDs to assess

eligibility of the issue.

(b)

Unless it has already been supplied under paragraph 1, a copy of the final prospectus

or similar document for the issue should be provided to each Intermediary if possible

on the closing date and in any event no later than the end of the business day following

the closing date, to enable the Intermediary to extract asset servicing critical information

needed for efficient and effective processing that is not contained in the Legal Contracts.

(c)

Where any changes are made to any of the documentation referred to above, execution/

final copies of the documents containing those changes should be provided to the

Intermediaries who received the original documents within one business day following the

change to the documentation.

3. Noteholders meetings and other events affecting securities.

Copies of all communications to holders of securities, including all notices to holders of

securities relating to meetings, should be provided, on a confidential basis, to all of the

Intermediaries as early as possible and before they are given to the holders. A copy of all

resolutions passed or rejected at any meeting of holders of securities should be provided to

all of the Intermediaries promptly after the conclusion of the meeting. Where a decision is to

be taken by holders of securities that does not involve a meeting or other action envisaged in

the Legal Contracts (for example, an offer to exchange the securities for other securities), draft

copies of all communications relating to that event should be sent to the Intermediaries,

on a confidential basis, no later than the [business day before] the announcement of the event

to enable them to make the necessary operational preparations.

4. Drafting.

Documents should be drafted with sufficient information to enable the parties and the

Intermediaries to identify and contact each other and to understand what each of them is

required to do and when they are required to do it.

5. Administrative details.

(a)

Where documents are to be provided to either of the ICSDs, they should be sent in PDF

format by email to:

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Clearstream Banking S.A. at the following addresses:

• in the case of final documents relating to issues (whether stand-alone or under a

programme): [email protected];

• in the case of all other documents relating to programmes (establishments, updates and

issues) or to stand-alone issues

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where, respectively, the Issue and Paying Agent or the

Lead Manager is based in the UK, Ireland or the Channel Islands: newissueslondon@

clearstream.com;

• in the case of all other documents relating to programmes (establishments, updates and

issues) or to stand-alone issues

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where, respectively, the Issue and Paying Agent or the

Lead Manager is based outside the UK, Ireland and the Channel Islands: newissueslux_

[email protected];

Euroclear Bank SA/NV at the following addresses:

• in the case of final documents relating to issues (whether stand-alone or under a

programme): [email protected];

• in the case of all documents relating to programme establishments and updates:

[email protected];

• in other cases: [email protected].

(b) “Business day” means any day except Saturdays, Sundays and public holidays in

jurisdictions in which respective parties are operating.

(c) All communications to Intermediaries should include the ISIN code (if available) and

name of the security to which they relate.

(d) Where documentation is to be supplied to the Intermediaries pursuant to this

Guidance Note, the responsibility for supplying it falls upon the person who is

primarily responsible for preparing it.

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Including final documents for programme establishments and updates and draft documents for issues (whether

stand-alone or under a programme).

M A R K E T

P R A C T I C E

B O O K - AN N E X E S

Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003

on the prospectus to be published when securities are offered to the public or admitted to

trading and amending Directive 2001/34/EC extract of article 5:

(5) The prospectus

1. Without prejudice to Article 8(2), the prospectus shall contain all information which,

according to the particular nature of the issuer and of the securities offered to the public

or admitted to trading on a regulated market, is necessary to enable investors

to make an informed assessment of the assets and liabilities, financial position,

profit and losses, and prospects of the issuer and of any guarantor, and of the rights

attaching to such securities. This information shall be presented in an easily analysable

and comprehensible form.

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