7.5% Mediterranean Bank Subordinated Bonds due 2019

The principal purpose for the new bond issue is that the bonds will constitute Additional Own Funds (Tier II capital) of the Issuer in terms of banking rule BR/03/2012 – Own Funds of Credit Institutions Authorised under the Banking Act. The net proceeds of the sale of the bonds will be used by the Issuer to meet part of its general financing requirements.

For further details please refer to the attached Write-Up and Prospectus.  You can also contact one of our financial advisors on freephone: 8007 2206