E-MAC NL 2005-III B.V.
THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION
This notice is made pursuant to the Act on Financial Supervision (Wet op het financieel toezicht)
If you are in any doubt as to the action you should take, you are recommended to seek your own financial, legal or other advice immediately from your stockbroker, bank manager, solicitor, accountant or other appropriately authorised independent financial adviser.
Capitalised terms used herein have the meanings defined or construed in the Master Definitions Agreement
E-MAC NL 2005-III B.V.
(the "Issuer")
Notice is hereby given with respect to notes of each of the following class(es):
€ 856,200,000 Senior Class A Notes 2005 due 2038, issue price 100 per cent. ISIN XS0236785431
€ 14,700,000 Mezzanine Class B Notes 2005 due 2038, issue price 100 per cent. ISIN XS0236785860
€ 10,000,000 Junior Class C Notes 2005 due 2038, issue price 100 per cent. ISIN XS0236786082
€ 9,100,000 Subordinated Class D Notes 2005 due 2038, issue price 100 per cent. ISIN XS0236786595
€ 4,500,000 Subordinated Class E Notes 2005 due 2038, issue price 100 per cent. ISIN XS0236787056
( the "Notes" and each class of Notes, a "Class of Notes" and together the "Classes of Notes", the Class A Notes, the Class B Notes, Class C Notes and Class D Notes together the "Put Option Notes" and the holders thereof the "Put Option Noteholders" )
Amsterdam, 19 July 2013
Notice is hereby given by the Issuer that, with reference to Condition 6 (e) (v) (d) of the Terms and Conditions of the Notes, all of the Rating Agencies S&P, Fitch and Moody’s have confirmed the ratings currently assigned to the Put Option Notes.
The Issuer does not have funds available to redeem the Notes which are subject to redemption on the upcoming Put Date, i.e. the 25th of July 2013.
Therefore, none of the Notes will be redeemed on the upcoming Put Date, in accordance with and subject to the Terms and Conditions of the Notes and, consequently, the Extension Margins will apply as from the First Put Date as published on the 4th of January 2013.
ATC Management B.V.
Director of the Issuer
Fred. Roeskestraat 123
1076 EE Amsterdam, the Netherlands
emac@atccapitalmarkets.com
Put Option Notice