Раскрытие обязательной информацииКорпоративная информацияКорпоративное действие The Royal Bank of S VAR 27/07/10 — the purchase offer

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29 января 2010

Корпоративное действие The Royal Bank of S VAR 27/07/10 — the purchase offer

Corporate action number CA000002753596
Security THE ROYAL BANK OF S VAR 27/07/10
ISIN XS0312810756
Corporate action description Information source: Agent, Citibank NA, London.

Actual purchase price:
The actual purchase price will be determined by a modified dutch auction (a bidding process). as a noteholder you may send a bid price to Euroclear Bank.

In order to participate to the purchase offer holders need to send a bid price within the bid range of usd 0.00 and usd 200 (the ’maximum purchase price’) per usd 1,000 to euroclear bank this bid price needs to be in increments of usd 1,000.

Maximum purchase price
USD 200 per usd 1,000 nominal amount of notes.

Accrued and unpaid interest
Accrued and unpaid interest will be paid up to, but not including, the settlement date.

Minimum tender amount
Holders may tender outstanding notes only in minimum denominations of USD 100,000 and integral multiples of usd 1,000 thereafter.

Total invitation funds available
The issuer is offering to tender up to USD 10,000,000 of its outstanding notes.

Acceptance of offers
Offers will be accepted starting with the lowest offer price and will be accepted until the total invitation funds available are expended. the highest priced offer accepted to reach the total invitation funds available will be the actual purchase price to be paid to all holders whose offers are accepted.

In the event of multiple offers at the actual purchase price which when aggregated with all offers referred to above and accepted, results in a greater principal amount than the amount which the company wishes to purchase, such offers at the actual purchase price will be accepted on a pro rata basis.

Notes offered pursuant to offers at an offer price above the maximum purchase price will be treated as being made at the maximum purchase price.

Poolfactor
not applicable.

Market timetable
Market expiry date: 03/02/2010 at 16:00 (London time) price announcement date: 04/02/2010 at or around 10:00 AM (London time) or as soon as practicable thereafter.

Expected settlement date: 10/02/2010.

Withdrawal rights
Instructions for the modified dutch auction are irrevocable, except in the limited circumstances stated in the tender offer documentation.
Conditions
Refer to the tender offer documentation for the conditions of this tender offer.

Restrictions
Certain restrictions may apply.
Refer to the tender offer documentation for the restrictions of this tender offer.
Tender agent
Citibank N.A., London branch
14th floor
Citigroup centre
London E14 5LB
United Kingdom
tel: +44 20 7508 3775
Email: exchange.gats(at)citi.com
Instruction deadline Two working days before03/02/10
Additional documentation no
For additional information please contact your account manager
Information provided by Euroclear Bank S.A./N.V.
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