Ardagh Glass Finance plc - Irish Stock Exchange

Principal, Maturity and Interest
The Notes will mature on February 1, 2020 and 100% of the principal amount thereof shall be
payable on such date, unless redeemed prior thereto as described herein. The Issuer will issue an
aggregate principal amount of A180.0 million of Notes in this offering. Subject to the covenant
described under ‘‘—Certain Covenants—Limitation on Debt’’, the Issuer is permitted to issue
additional Notes as part of a further issue under the Indenture (‘‘Additional Notes’’) from time to time;
provided that, if the Additional Notes are not fungible with the original Notes for U.S. income tax
purposes, the Additional Notes will have a separate CUSIP number, if applicable. The Notes and the
Additional Notes that are actually issued will be treated as a single class for all purposes of the
Indenture, including waivers, amendments, redemptions and offers to purchase, except for certain
waivers and amendments. Unless the context otherwise requires, references to the ‘‘Notes’’ for all
purposes of the Indenture and in this ‘‘Description of the Notes’’ include references to any Additional
Notes that are actually issued.
Interest on the Notes will accrue at the rate of 8 3 ⁄4% per annum and will be payable semi-annually
in arrears from the Issue Date or from the most recent interest payment date to which interest has
been paid or provided for, whichever is the later. Interest will be payable on each Note on February 1
and August 1 of each year, commencing on August 1, 2010. The Issuer will pay interest on each Note
to holders of record of each Note in respect of the principal amount thereof outstanding as of the
immediately preceding January 15 or July 15, as the case may be. Interest will be computed on the
basis of a 360-day year comprised of twelve 30-day months and will be paid on overdue principal and
other overdue amounts at the same rate.
Form of Notes
The Notes will be issued on the Issue Date only in fully registered form without coupons and only
in minimum denominations of A50,000 and in integral multiples of A1,000 in excess thereof.
The Notes will be initially in the form of one or more global notes (the ‘‘Global Notes’’). The
Global Notes will be deposited with a common depositary for Euroclear and Clearstream Banking, or a
nominee of such common depositary. Ownership of interests in the Global Notes, referred to as
‘‘book-entry interests’’, will be limited to persons that have accounts with Euroclear or Clearstream
Banking or their respective participants. Book-entry interests will be shown on, and transfers thereof
will be effected only through, records maintained in book-entry form by Euroclear and Clearstream
Banking and their participants. The terms of the Indenture will provide for the issuance of definitive
registered Notes in certain circumstances. See ‘‘Book-Entry; Delivery and Form’’.
Transfer and Exchange
The Global Notes may be transferred in accordance with the Indenture. All transfers of book-entry
interests between participants in Euroclear or Clearstream Banking will be effected by Euroclear or
Clearstream Banking pursuant to customary procedures and subject to applicable rules and procedures
established by Euroclear or Clearstream Banking and their respective participants. See ‘‘Book-Entry;
Delivery and Form’’.
The Notes will be subject to certain restrictions on transfer and certification requirements, as
described under ‘‘Notice to Investors’’.
Payments on the Notes; Paying Agent
The Issuer will make all payments, including principal of, premium, if any, and interest on the
Notes, at its office or through an agent in London, England that it will maintain for these purposes.
Initially that agent will be the corporate trust office of The Bank of New York Mellon. The Issuer may
change the paying agent without prior notice to the holders of the Notes. In addition, the Issuer or any
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