Eng - IOI Group

Notes To The Financial Statements cont’d45. FINANCIAL INSTRUMENTS cont’d45.2 Interest rate risk cont’dAs at the balance sheet date, the Group and the Company have the following interest rate swap contracts to optimiseinterest cost over the respective loan tenure and also to enhance the return of amount held under the Housing DevelopmentAccount:Interest Rate Swap Notional Amount Effective Period2007Group and CompanyFixed rate to USD LIBOR RM350 million, to be fully amortised over a period of 15 January 2004 to(Settlement in Ringgit) four years, commencing 15 April 2004 15 January 2008CMS Spread Range Accrual Swap RM100 million, over a period of 5 years, 11 May 2006 tocommencing 11 May 2006 11 May 2011CMS Spread Range Accrual Swap EUR100 million, over a period of 5 years, 28 August 2007 tocommencing 28 August 2007 28 August 2012CMS Spread Range Accrual Swap USD100 million, over a period of 5 years, 12 October 2005 tocommencing 12 October 2005 12 October 2010CMS Spread Range Accrual Swap USD50 million, over a period of 5 years, 13 October 2005 tocommencing 13 October 2005 13 October 20102006Group and CompanyFixed rate to USD LIBOR RM350 million, to be fully amortised over a period of 15 January 2004 to(Settlement in Ringgit) four years, commencing 15 April 2004 15 January 2008CMS Spread Range Accrual Swap RM100 million, over a period of 5 years, 11 May 2006 tocommencing 11 May 2006 11 May 2011EURIBOR to USD LIBOR EUR230 million, half yearly amortisation of 27 June 2003 to(Settlement in EUR) EUR23 million, commencing 30 November 2004 30 November 2006CMS Spread Range Accrual Swap USD100 million, over a period of 5 years, 12 October 2005 tocommencing 12 October 2005 12 October 2010CMS Spread Range Accrual Swap USD50 million, over a period of 5 years, 13 October 2005 tocommencing 13 October 2005 13 October 2010231ANNUAL REPORT 2007IOI Corporation Berhad