. UK SPV CREDIT FINA 10.2500 23/01/18, ISIN XS0543744535.

14.02.2017

, Π-ʻ Euroclear Bank N.A. , .

: ISIN :
(DSCL) XS0543744535 UKSPV CREDIT FINA 10.2500 23/01/18 09.02.2017

--------------- EVENT DETAILS ------------------- UPDATE 06/01/2017: BEGIN DATE OFTHE OPTION HAS BEEN AMENDED . END OFUPDATE. .-------------------------------------------------------------- INFORMATION SOURCE: DEPOSITARY, DEUTSCHE BANK AG, LONDON . INLIGHT OFREPORTS INTHE PRESS THAT PRIVATBANK HAD BEEN NATIONALISED AND THE NOTES WERE TOBE BAILED-IN BYTHE NATIONAL BANK OFUKRAINE, THE TRUSTEE WROTE TOTHE BORROWER ON22/12/2016 REQUESTING (I) ACERTIFICATE PURSUANT TOCLAUSE 13.2 NOTIFICATION OF DEFAULT OFTHE LOAN AGREEMENT ASTOTHE OCCURRENCE OFANY EVENT OFDEFAULT ORPOTENTIAL EVENT OFDEFAULT AND (II) CONFIRMATION OFTHE STATUS OFTHE BORROWER AND THE IMPLICATIONS OFTHE RECENT ANNOUNCEMENTS FOR THE LOAN AND THE NOTES. THE TRUSTEE HAS NOT YET RECEIVED THE REQUESTED CERTIFICATE BUT HAS SINCE RECEIVED SEVERAL LETTERS . THE TRUSTEE HAS NOFUNDS ATITS DISPOSAL TOPAY THE COSTS OF INVESTIGATING THE IMPLICATIONS ONTHE NOTES OFTHE TERMS OFTHE DEPOSIT GUARANTEE FUND LETTER ORTHE PRIVATBANK LETTER. CLAUSE 17.3.2OF BOTH TRUST DEEDS PROVIDES THAT, THE TRUSTEE ISNOT OBLIGED TOEXPEND ORRISK ITS OWN FUNDS OROTHERWISE INCUR ANY FINANCIAL LIABILITY INTHE PERFORMANCE OFITS DUTIES ORTHE EXERCISE OFANY RIGHT, POWER, AUTHORITY ORDISCRETION THEREUNDER IFITHAS REASONABLE GROUNDS FOR BELIEVING THE REPAYMENT OFSUCH FUNDS ORADEQUATE INDEMNITY AGAINST, ORSECURITY FOR, SUCH RISK ORLIABILITY ISNOT REASONABLY ASSURED TOIT. . INLIGHT OFTHE CURRENT UNCERTAINTY SURROUNDING THE BORROWER AND THE ISSUERS FINANCIAL POSITION AND MORE SPECIFICALLY CLAUSES 17.3.2 EXPENDITURE BYTHE TRUSTEE OFBOTH TRUST DEEDS (AS SUMMARISED ABOVE FOR EASE), ANY NOTEHOLDER WISHING TOPROVIDE FUNDING TOTHE TRUSTEE TOPAY ITS FEES AND COSTS INTHIS MATTER, WHICH INCLUDES THE COSTS OFANY FINANCIAL ORLEGAL ADVICE THE TRUSTEE MAY REQUIRE, SHOULDCONTACT THE TRUSTEE. . NOTEHOLDER WITH QUERIES SHOULDCONTACT THE TRUSTEE USING THE DETAILS SET OUT BELOW AND REFERENCING PRIVATBANK - UKSPV CREDIT FINANCE PLCAND THE ISIN OFTHE NOTES INTHE SUBJECT LINE: ADDRESS: DEUTSCHE TRUSTEE COMPANY LIMITED, WINCHESTER HOUSE, 1 GREAT WINCHESTER STREET, LONDON EC2N 2DB, UNITED KINGDOM ATTN: LEIGH COBB AND RANJIT MATHER EMAIL: LEIGH.COBB(AT)DB.COM AND RANJIT.MATHER(AT)DB.COM . PLEASE REFER TODOCUMENTATION FOR MORE DETAILS . THIS CORPORATE ACTION NOTIFICATION DOES NOT CONSTITUTE ANOFFER TOSELLOR THE SOLICITATION OFANOFFER TOBUY ANY SECURITIES BY ANYONE INANY JURISDICTION. ITISNOT, AND SHOULDNOT BECONSTRUED ORTREATED AS, INVESTMENT ORFINANCIAL ADVICE. INPROVIDING THIS INFORMATION, EUROCLEAR BANK ISNOT ACTING ASAGENT OFTHE ISSUER. BYSENDING ANINSTRUCTION TOEUROCLEAR BANK, YOU CONFIRM THAT YOU (AND ANY BENEFICIAL OWNER(S) FOR WHOM YOU ACT) COMPLY WITH THE TERMS AND CONDITIONS OFTHE CORPORATE EVENT AND COMPLY WITH APPLICABLE LOCAL LAWS ORREQUIREMENTS, INCLUDING BUT NOT LIMITED TOHOLDING AND TRANSFER RESTRICTIONS. IFHOLDING AND TRANSFER RESTRICTIONS WOULDPROHIBIT YOU (AND ANY BENEFICIAL OWNER(S) FOR WHOM YOU ACT) TOHOLDTHE PROCEEDS OFA CORPORATE EVENT INYOUR ACCOUNT INEUROCLEAR BANK, YOU (AND ANY BENEFICIAL OWNER(S) FOR WHOM YOU ACT) MUST ENSURE TOSEND AN INSTRUCTION TOALLOW THE TRANSFER OFTHESE PROCEEDS TOANACCOUNT OUTSIDE THE EUROCLEAR SYSTEM. .

:
Π-ʻ , Euroclear Bank N.A.