ALBA 2007 – 1 plc - Irish Stock Exchange

interests in the Global Instruments may be made only through the register maintained by the Registrar
on behalf of the Issuer.
Each of Euroclear and Clearstream, Luxembourg will record the beneficial interests in the Global Notes
and the Global Instruments ("Book-Entry Interests"). Book-Entry Interests in the Global Notes and
the Global Instruments will be shown on, and transfers thereof will be effected only through, records
maintained in book-entry form by Euroclear or Clearstream, Luxembourg, and their respective
participants. Except in limited circumstances the Notes will not be available in definitive form (the
"Definitive Notes"). Definitive Notes will be issued in bearer form only. Except in limited
circumstances the Instruments will not be available in definitive form (the "Definitive Instruments").
Definitive Instruments will be issued in registered form only.
THE SECURITIES OFFERED HEREBY HAVE NOT BEEN APPROVED OR DISAPPROVED BY
THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (THE "SEC"), ANY
STATE SECURITIES COMMISSION OR ANY OTHER REGULATORY AUTHORITY, NOR
HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON OR ENDORSED THE
MERITS OF THIS OFFERING OR THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS.
ANY REPRESENTATION TO THE CONTRAR Y IS UNLAWFUL.
THE NOTES AND INSTRUMENTS HAVE NOT BEEN AND WILL NOT BE REGISTERED
UNDER THE SECURITIES ACT OR ANY STATE SECURITIES LAWS. THE NOTES AND
INSTRUMENTS MAY NOT BE OFFERED, SOLD OR DELIVERED DIRECTLY OR
INDIRECTLY WITHIN THE UNITED STATES OR TO, OR FOR THE BENEFIT OR ACCOUNT
OF, US PERSONS (AS DEFINED IN REGULATION S) EXCEPT PURSUANT TO AN
EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS.
This Prospectus is submitted to investors for use solely in connection with the consideration of the
purchase of the Notes, the Instruments or other transactions exempt from registration under the
Securities Act.
The Notes and the Instruments will be obligations solely of the Issuer and will not be guaranteed by, or
be the responsibility of, any other entity. In particular, the Notes and the Instruments will not be
obligations of, and will not be guaranteed by, or be the responsibility of, Oakwood Homeloans Limited
(in its capacity as the seller of the Mortgage Loans, the "Seller", in its capacity as initial holder of the
Instruments, the "Initial Instrumentholder" and in its capacity as the special servicer of the Mortgage
Loans, the "Special Servicer"), Credit Suisse Securities (Europe) Limited (in its capacity as arranger,
the "Arranger" and in its capacity as lead manager, the "Lead Manager"), Banco Santander Central
Hispano, S.A. (in its capacity as co-manager, the "Co-Manager and, together with the Lead Manager,
the "Managers"), GMAC-RFC Limited (in its capacity as originator of the Mortgage Loans, the
"Originator " or "GMAC-RFC"), Homeloan Management Limited (in its capacity as servicer of the
Mortgage Loans, the "Servicer"), Law Debenture Corporate Services Limited (in its capacity as
corporate services provider, the "Corporate Services Provider"), The Law Debenture Intermediary
Corporation p.l.c. (in its capacity as share trustee, the "Share Trustee"), HSBC Trustee (C.I.) Limited
(in its capacity as trustee, the "Trustee"), HSBC Bank plc (in its capacity as cash manager, the "Cash
Manager", in its capacity as principal paying agent, the "Principal Paying Agent", in its capacity as
transfer agent, the "Transfer Agent", in its capacity as agent bank, the "Agent Bank" and in its
capacity as registrar, the "Registrar"), HSBC Institutional Trust Services (Ireland) Limited (in its
capacity as Irish pa ying agent, the "Irish Paying Agent" and, together with the Principal Paying
Agent, the "Paying Agents"), Wells Fargo Securitisation Services Limited of address 6-8 Underwood
Street, London, N1 7JQ (in its capacity as master servicer, the "Master Servicer"), Barclays Bank