The following specialist debt programme has been approved for securities issued thereunder within five years of the publication of the programme memorandum to be admitted to the official list of the Cayman Islands Stock Exchange:

Name of Issuer: MARC Finance Ltd

Description of Programme: Euro10,000,000,000 Structured Note Programme

Date of Programme Memorandum: 10 May 2006

Date of Approval: 10 May 2006

Expiry of Approval: 9 May 2011