07.03.2014 Views

Ardagh Glass Finance plc - Irish Stock Exchange

Ardagh Glass Finance plc - Irish Stock Exchange

Ardagh Glass Finance plc - Irish Stock Exchange

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

EXCHANGE RATES<br />

<strong>Exchange</strong> Rate Between the Euro and British Pounds Sterling<br />

The table below sets forth the period end, the average, high and low exchange rates (representing,<br />

for any day, the average of an afternoon selling and buying rate on such day) for British pounds<br />

sterling, expressed in British pounds per A1.00, for the years indicated.<br />

British pounds per euro (1)<br />

Period<br />

Year ended December 31, Ending Average (2) High Low<br />

2005 ............................................. 0.6872 0.6831 0.7057 0.6624<br />

2006 ............................................. 0.6738 0.6820 0.7014 0.6684<br />

2007 ............................................. 0.7343 0.6871 0.7378 0.6557<br />

2008 ............................................. 0.9670 0.8026 0.9804 0.7411<br />

2009 ............................................. 0.8885 0.8899 0.9609 0.8449<br />

(1) Source: Bank of England.<br />

(2) The average buying rates for British pounds on the last business day of each month during the<br />

applicable period.<br />

The table below sets forth the period end, high and low exchange rates, expressed in British<br />

pounds per euro, for each of the six months prior to the date of this Offering Memorandum.<br />

British pounds per euro (1)<br />

Period<br />

Month Ending High Low<br />

July 2009 ................................................. 0.8551 0.8661 0.8527<br />

August 2009 ............................................... 0.8812 0.8812 0.8480<br />

September 2009 ............................................ 0.9140 0.9214 0.8709<br />

October 2009 .............................................. 0.8954 0.9382 0.8949<br />

November 2009 ............................................. 0.9148 0.9148 0.8836<br />

December 2009 ............................................. 0.8885 0.9100 0.8876<br />

January 2010 (through January 8, 2010) ........................... 0.8990 0.8993 0.8956<br />

(1) Source: Bank of England.<br />

The British pounds sterling per euro exchange rate on January 8, 2010 was £0.8990 = A1.00.<br />

Our inclusion of such translations is not meant to suggest that the British pound amounts actually<br />

represent such euro amounts or that such amounts could have been converted into euro at such rate or<br />

any other rate. For a discussion of the impact of the exchange rate fluctuations on our financial<br />

condition and results of operations, see ‘‘Operating and Financial Review and Prospects’’. We did not<br />

use the rates listed above in the preparation of our financial statements.<br />

xii

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!