Resultado 1.3. Los laboratorios del CPN Gurabo y Porvenir realizan pruebas de

the Security Holder which holds those Industrial Metal Securities which are the subject of that Redemption must, by 8.00 a.m. on the Settlement Date, deposit the Industrial Metal Securities in question into an appropriate CREST account and give correct delivery free of payment instructions in accordance with the Redemption Form if they were in Uncertificated Form, or otherwise deliver the Industrial Metal Securities to be Redeemed and any certificates representing them to the Issuer in such manner as the Issuer may agree if they are in Certificated Form. Once a valid Redemption Form is lodged in respect of Industrial Metal Securities, the Industrial Metal Securities in respect of which it was given may not be transferred by the Security Holder (except to the Issuer), and the Issuer may refuse to recognise any subsequent transfer of any of those Industrial Metal Securities.

8.2 Subject as provided in Condition 6.4 (Redemption by Other Security Holders) and Condition 8.3, failure by a Security Holder to deposit those Industrial Metal Securities into an appropriate CREST account and give correct instructions shall not invalidate the Redemption of those Industrial Metal Securities. Where settlement of a Redemption of Industrial Metal Securities is delayed due to the failure of the Security Holder to deposit the Industrial Metal Securities in question into an appropriate CREST account or give correct instructions or otherwise deliver such Industrial Metal Securities and any certificates representing them in a manner agreed by the Issuer, the Security Holder shall not be entitled to receive any LME Warrants or cash otherwise due on Redemption until the relevant Industrial Metal Securities have been so deposited or delivered, the Security Holder shall not be entitled to receive any interest in respect

on which settlement was due and the Issuer may deduct any such charges incurred by it from any cash amounts due to the Security Holder and/or sell any such LME Warrants on behalf of the Security Holder on the LME and deduct such charges from the proceeds of sale. If the Security Holder fails to deliver such Industrial Metal Securities to the Issuer (via the CREST system or another method agreed with the Issuer) within three Business Days from the due date, the Issuer shall be entitled to sell any LME Warrants that were otherwise due to be delivered to the Security Holder in respect of Industrial Metal Securities to be Redeemed by Metal Delivery on behalf of and at the cost of the Security Holder and pay the net proceeds of sale and any other amount due, after deduction of its expenses to the Trustee (to be held on trust for the Security Holder in accordance with the Trust Instrument), and to cancel the entry in the Register in respect of those Industrial Metal Securities.

8.3 Notwithstanding Condition 8.2 and any other provision of the Conditions to the contrary, an Authorised Participant requesting Redemption of Industrial Metal Securities pursuant to Condition 6.3 (Redemption by Authorised Participants) who has entered into an AP TRS Master Confirmation with the Issuer may request that the LME Warrants to which it is entitled in respect of such Redemption pursuant to Condition 6.2.2 and Condition 6.14 (Metal Delivery) be delivered (“Early Delivery”) to the Security Holder Metal Account on the Settlement Date for such Redemption notwithstanding that the Industrial Metal Securities may not by then have been deposited or delivered as required by Condition 8.2. The Issuer may agree to or decline such request in its absolute discretion, but if it agrees to such request such Early Delivery shall be on the basis of an AP TRS Confirmation.

8.4 Where Individual or Basket Securities are Redeemed in accordance with Condition 6 (Redemption of Industrial Metal Securities) or Condition 7 (Compulsory Redemption by the Issuer or Trustee), the Issuer shall be entitled, upon delivery of any LME Warrants due on Redemption by Metal Delivery or payment of other amounts due (less the Redemption Fee and any other permitted deductions, if applicable) into the applicable Security Holder Account or other payment in accordance with Condition 28 (Payment Provisions), to cancel the entry in the Register in respect of those Industrial Metal Securities being Redeemed.

8.5 Save to the extent that the proviso to Condition 6.3 (Redemption by Authorised Participants) applies, payment of the Redemption Amount (less any applicable Redemption Fee deducted under Condition 9 (Redemption Fee)) into the applicable Security Holder Cash Account on the Redemption Payment Date, or delivery of the applicable LME Warrants to the applicable Security Holder Metal Account or payment of any other amount due is in full satisfaction of all liability which the Issuer has to Security Holders in respect of the Industrial Metal Securities which have been Redeemed.

8.6 The Issuer may, at any time, notify a Security Holder that the Issuer may have to withhold or deduct from the payment that corresponds to the Redemption Form an amount for or on account of, any present or future taxes, duties assessments or governmental charges of whatever nature imposed, levied, collected, withheld or assessed by or on behalf of any relevant jurisdiction or any political sub-division thereof or any authority thereof having power to tax, as required by law (as modified by the practice of any relevant governmental revenue authority) then in effect and such notice shall specify any form or document to be delivered by beneficial owners of Industrial Metal Securities that may allow the Issuer to make such payment without any such withholding or deduction or with such withholding or deduction at a reduced rate. If such forms or documents are not provided to the Issuer by the relevant Security Holder or if it is not the beneficial owner of Industrial Metal Securities held by such Security Holder and which are to be redeemed, such beneficial owner, then any such payment will be reduced (and the matching obligation of the Issuer to pay or deliver or to procure the payment or delivery of LME Warrants of an amount equal to the Metal Entitlement or other amount due to that Security Holder will also be reduced) by the amount of the withholding or deduction.

would have been determined for that Basket Security if it had been comprised of the Priced Securities only; and

8.7.2 to the extent that it is comprised of Individual Securities still not priced at the end of the fourth Business Day following Day 1 (“Delayed Securities”), by delivering to the relevant Security Holder Individual Securities of the same classes and in the same number (rounded down in each case to the nearest whole number) as such Delayed Securities, and otherwise in accordance with this Condition 8. The Issuer may give such directions to the Security Holder as appear to the Issuer to be necessary to enable the settlement of any payment or delivery to be made by it pursuant to this Condition.