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Issuer: SIGNUM FINANCE CAYMAN LIMITED - Irish Stock Exchange

Issuer: SIGNUM FINANCE CAYMAN LIMITED - Irish Stock Exchange

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“MAJOR” Programme Prospectus: Signum Finance Cayman Limited Series: 2007-06<br />

necessary) on each Business Day thereafter until the fifth following<br />

Business Day, the Disposal Agent will attempt to obtain such<br />

quotations from at least five dealers. If the Disposal Agent is able to<br />

obtain at least two such quotations on the same Business Day, the<br />

Disposal Agent will sell the Assets at the highest quotation obtained<br />

and will transfer the proceeds to the <strong>Issuer</strong> on the relevant settlement<br />

date. Notwithstanding any provision to the contrary, the sale of any<br />

Assets by the Disposal Agent, shall be subject to any black-out period<br />

(or other limitation) affecting sales or issuances of debt obligations of<br />

the Goldman Sachs Group, Inc. (or any members of its group of<br />

companies) which the Disposal Agent is required to observe through<br />

internal or external regulatory or compliance rules or guidelines.<br />

Pursuant to this Condition 5.7 Goldman Sachs International, or any of<br />

its affiliates, may provide one of the firm bid quotations for the Assets;<br />

and<br />

(ii) if the Disposal Agent is unable to obtain at least two quotations on<br />

the same Business Day in accordance with paragraph (i) above then<br />

it shall, acting in a commercially reasonable manner, acting as broker<br />

on behalf of the <strong>Issuer</strong> sell the Assets at the highest quotation<br />

obtained on the next following Business Day.”<br />

Clause 40.1(a) of the Agency Terms shall be deemed to be deleted<br />

and replaced with the provisions set out in Condition 5.7 (as specified<br />

above) which shall apply mutatis mutandis.<br />

Mandatory Redemption<br />

Date:<br />

For the purposes of Condition 5 of the Notes, the Mandatory<br />

Redemption Date in respect of the Notes shall be the date falling five<br />

Business Days following the disposal of the Assets by the Disposal<br />

Agent in accordance with paragraph 4(h) above, or, if later, the fifth<br />

Business Day following the Settlement Rate Valuation Date.<br />

5 Options<br />

(a) MTM Trigger Contracts None.<br />

(b) MVA Factor Not Applicable.<br />

(c) NAA Factor Not Applicable.<br />

(d) BIE Option Not Applicable.<br />

(e) <strong>Issuer</strong> Call Option Not Applicable.<br />

(f) Noteholder Put Option Not Applicable.<br />

(g) TTA Option Not Applicable.<br />

6 Standard CLN Terms Product Supplement<br />

(a) Transaction Type: Single Name.<br />

(b) Reference Entity Type: Sovereign - America - Emerging Market - Latin America.<br />

(c) Settlement Method: Physical Settlement<br />

London/011/001894-00545/JBH/RTM AMSI(LDNWK16317) 11 L_LIVE_EMEA1:4955739v5

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