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Titan Europe 2007-1 (NHP) Limited - Irish Stock Exchange

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Borrower Group Structure Chart (1)<br />

Key:<br />

UK Cos (including tax<br />

residents)<br />

Cayman Cos<br />

Jersey Cos<br />

Structural Mezzanine Borrower<br />

(Cayman Islands) (UK tax resident)<br />

Borrower (2)<br />

(Cayman Islands) (UK tax resident)<br />

Propco 2<br />

(England) (UK tax resident)<br />

(Guarantor and Propco)<br />

Guarantor 2<br />

(England) (UK tax resident)<br />

(Guarantor)<br />

Guarantor 1<br />

(Cayman Islands)<br />

(Guarantor)<br />

Propco 3<br />

(England) (UK tax resident)<br />

(Guarantor and Propco)<br />

Guarantor 4<br />

(England)(UK tax resident)<br />

(Guarantor)<br />

Guarantor 3<br />

(Cayman Islands)<br />

(Guarantor)<br />

Propco 4<br />

(Cayman Islands)<br />

(UK tax resident)<br />

(Guarantor and Propco)<br />

Propco 7<br />

(Jersey)<br />

(UK tax resident)<br />

(Guarantor and Propco)<br />

Propco 9<br />

(Jersey)<br />

(UK tax resident)<br />

(Guarantor and Propco)<br />

Propco 5<br />

(Cayman Islands)<br />

(UK tax resident)<br />

(Guarantor and Propco)<br />

Propco 6<br />

(Jersey)<br />

(UK tax resident)<br />

(Guarantor and Propco)<br />

Propco 8<br />

(Jersey)<br />

(UK tax resident)<br />

(Guarantor and Propco)<br />

Guarantor 5 (3)<br />

(Cayman Islands)<br />

(Guarantor)<br />

Guarantor 6<br />

(England) (UK tax resident)<br />

(Guarantor)<br />

Guarantor 7<br />

(England) (UK tax resident)<br />

(Guarantor)<br />

Guarantor 9<br />

(England) (UK tax resident)<br />

(Guarantor)<br />

Guarantor 8<br />

(England) (UK tax resident)<br />

(Guarantor)<br />

Guarantor 10<br />

(England) (UK tax resident)<br />

(Guarantor)<br />

Propco 1<br />

(England) (UK tax resident)<br />

(Guarantor and Propco)<br />

Propco 10<br />

(England) (UK tax resident)<br />

(Guarantor and Propco)<br />

Propco 11<br />

(England) (UK tax resident)<br />

(Guarantor and Propco)<br />

Propco 12<br />

(England) (UK tax resident)<br />

(Guarantor and Propco)<br />

Guarantor 11<br />

(England) (UK tax<br />

resident)<br />

(Guarantor)<br />

Guarantor 12<br />

(Jersey)<br />

(Guarantor)<br />

Guarantor 16<br />

(England) (UK tax<br />

resident)<br />

(Guarantor)<br />

Guarantor 22<br />

(England) (UK tax<br />

resident)(Guarantor)<br />

Propco 13<br />

(England) (UK tax resident)<br />

(Guarantor and Propco)<br />

Guarantor 15<br />

(England) (UK tax resident)<br />

(Guarantor)<br />

Guarantor 17<br />

(England) (UK tax<br />

resident)<br />

(Guarantor)<br />

Propco 14<br />

(Cayman Islands)<br />

(UK tax resident)<br />

(Guarantor and Propco)<br />

Guarantor 18<br />

(England) (UK tax<br />

resident)<br />

(Guarantor)<br />

Guarantor 13<br />

(England) (UK tax<br />

resident)<br />

(Guarantor)<br />

Guarantor 19<br />

(England) (UK tax<br />

resident)<br />

(Guarantor)<br />

Guarantor 20<br />

(England) (UK tax<br />

resident)<br />

(Guarantor)<br />

Guarantor 21<br />

(England) (UK tax<br />

resident)<br />

(Guarantor)<br />

Guarantor 14<br />

(Jersey)<br />

(Guarantor)<br />

Propco 15<br />

(England) (UK tax<br />

resident)<br />

(Guarantor and Propco)<br />

(1) Jurisdiction in parentheses indicates jurisdiction of incorporation; where UK tax resident, this is also indicated in parentheses.<br />

(2) The Borrower owns 1.62% of the shares in the capital of Guarantor 6.<br />

(3) Guarantor 5 owns 98.38% of the shares in the capital of Guarantor 6.<br />

85

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