Borrowings From Financial Markets

The company has issued 140,000 6.5% Bonds 2017 – 2019 with a nominal value of € 100 each. These are listed on the Malta Stock Exchange.

As established in the Prospectus dated 28 August 2009, as from the end of the financial year ending 31 October 2011, the company shall start building a sinking fund so that by the end of the Redemption Date, this will be equivalent to 50% of the value of the issued Bonds.