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OIDOID for each accrual period on a Discount Note that is denominated in, or determined by reference to,a foreign currency, will be determined in the foreign currency and then translated into U.S. dollars inthe same manner as stated interest accrued by an accrual basis U.S. Holder, as described above. Uponreceipt of an amount attributable to OID (whether in connection with a payment on the Note or a saleor disposition of the Note), a U.S. Holder may recognise U.S. source exchange gain or loss (taxable asordinary income or loss) equal to the difference between the amount received (translated into U.S.dollars at the spot rate on the date of receipt) and the amount previously accrued, regardless ofwhether the payment is in fact converted into U.S. dollars.Market DiscountMarket discount on a Note that is denominated in, or determined by reference to, a foreign currency,will be accrued in the foreign currency. If the U.S. Holder elects to include market discount in incomecurrently, the accrued market discount will be translated into U.S. dollars at the average exchange ratefor the accrual period (or portion thereof within the U.S. Holder’s taxable year). Upon the receipt ofan amount attributable to accrued market discount, the U.S. Holder may recognise U.S. sourceexchange gain or loss (which will be taxable as ordinary income or loss) determined in the samemanner as for accrued interest or OID. A U.S. Holder that does not elect to include market discount inincome currently will recognise, upon the disposition or maturity of the Note, the U.S. dollar value ofthe amount accrued, calculated at the spot rate on that date, and no part of this accrued marketdiscount will be treated as exchange gain or loss.Bond PremiumBond premium (including acquisition premium) on a Note that is denominated in, or determined byreference to, a foreign currency, will be computed in units of the foreign currency, and any such bondpremium that is taken into account currently will reduce interest income in units of the foreigncurrency. On the date bond premium offsets interest income, a U.S. Holder may recognise U.S. sourceexchange gain or loss (taxable as ordinary income or loss) equal to the amount offset multiplied by thedifference between the spot rate in effect on the date of the offset, and the spot rate in effect on thedate the Notes were acquired by the U.S. Holder. A U.S. Holder that does not elect to take bondpremium (other than acquisition premium) into account currently will recognise a market loss whenthe Note matures.Foreign Currency Contingent NoteSpecial rules apply to determine the accrual of OID, and the amount, timing, source and character ofany gain or loss on a Contingent Note that is denominated in, or determined by reference to, a foreigncurrency (a “Foreign Currency Contingent Note”). The rules applicable to Foreign CurrencyContingent Notes are complex, and U.S. Holders are urged to consult their tax advisers concerning theapplication of these rules.Under these rules, a U.S. Holder of a Foreign Currency Contingent Note will generally be required toaccrue OID in the foreign currency in which the Foreign Currency Contingent Note is denominated (i)at a yield at which the Issuer would issue a fixed rate debt instrument denominated in the same foreigncurrency with terms and conditions similar to those of the Foreign Currency Contingent Note, and (ii)in accordance with a projected payment schedule determined by the Issuer, under rules similar tothose described above under “— Contingent Payment Debt Instruments”. The amount of OID on aForeign Currency Contingent Note that accrues in any accrual period will be the product of thecomparable yield of the Foreign Currency Contingent Note (adjusted to reflect the length of theaccrual period) and the adjusted issue price of the Foreign Currency Contingent Note. The adjusted330