Clarendon House,
2 Church Street,
Hamilton, HM 11,
Listed Since: 2011/12/19
Delisted on: 2015/01/23
CUSIP: 89289VAA4
ISIN: US89289VAA44
Tel: 441 297 9775
Fax: 441 292 1563

Issuance of US$150,000,000 Series 2011-1 Class A Principal-at-Risk Variable Rate Notes due January 8, 2015 (the “Series 2011-1 Notes”) which are exposed to loss events on a per occurrence basis, as specified in the Circular.  The Series 2011-1 Notes are subject to extension at the election of the risk transfer counterparty, as described in the Circular.



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