Terms defined in this notice shall be constructed in accordance with the conditions set out in the Schedule 1 to the Trust Deed, dated March 23rd, 2016 and made between the Issuer, the Trustee and the U.S. Trustee (the “Conditions“) (as amended in a noteholder meeting on 28 November 2016).

Pursuant to the Condition 9.1(b) of the Conditions, the Issuer hereby notifies the Noteholders of a payment which will be applied in partial redemption of the Notes on the Payment Date of 15 June 2018. The estimated Euro Equivalent Available Cash for this payment is € 41,308,430.

An estimated breakdown of the currencies included and the assets from which the Euro Equivalent Available Cash has derived, in accordance with 9.1(b)(ii) of the Conditions, can be found here.

The Currency Conversion Date for the non-EUR currencies will be 7 June 2018. LBI will issue a notification after the Currency Conversion Date, which will confirm the final amount of Euro Equivalent Available Cash to be used for partial redemption of the Notes on the Payment Date of 15 June 2018.