Common use of Notification Clause in Contracts

Notification. The Commission de Surveillance du Secteur Financier on 6 June 2007 has provided CONSOB with a copy of the Base Prospectus and a certificate of approval attesting that the said Base Prospectus has been drawn up in accordance with the Prospectus Directive. The Commission de Surveillance du Secteur Financier has also provided CONSOB with copies of the Supplements to the Base Prospectus and the relevant certificates of approval, respectively on 12 July 2007and 4 October 2007. The Issuer and the Guarantor have authorised the use of these Final Terms and the Base Prospectus dated 30 May 2007 as supplemented by BNPP Arbitrage SNC in connection with the offer of the Certificates to the public in the Republic of Italy for the period set out in paragraph 9 below. Save as discussed in “Risk Factors” in the Base Prospectus, so far as the Issuer is aware, no person involved in the offer of the Securities has an interest material to the offer.

Notification. The Commission de Surveillance du Secteur Financier on 6 June 2007 has provided CONSOB with a copy of the Base Prospectus and a certificate of approval attesting that the said Base Prospectus has been drawn up in accordance with the Prospectus Directive. The Commission de Surveillance du Secteur Financier has also provided CONSOB with copies of the Supplements to the Base Prospectus and the relevant certificates of approval, respectively on 12 July 2007and 4 October 2007. The Issuer and the Guarantor have authorised the use of these Final Terms and the Base Prospectus dated 30 May 2007 as supplemented by BNPP Arbitrage SNC in connection with the offer of the Certificates to the public in the Republic of Italy for the period set out in paragraph 9 below. Save as discussed in “Risk Factors” in the Base Prospectus, so far as the Issuer is aware, no person involved in the offer of the Securities has an interest material to the offer.

Notification. The Commission de Surveillance du Secteur Financier on 6 June 2007 has provided CONSOB with a copy of the Base Prospectus dated 30 May 2007 together with the Italian translation of the summery thereof, and a certificate of approval attesting that the said Base Prospectus has been drawn up in accordance with the Prospectus Directive. The Commission de Surveillance du Secteur Financier has also provided CONSOB with copies of the Supplements to the Base Prospectus and the relevant certificates of approval, respectively on 12 July 2007and 4 October 2007. The Issuer and the Guarantor have authorised the use of these Final Terms and the Base Prospectus dated 30 May 2007 as supplemented by BNPP Arbitrage SNC in connection with the offer Offer of the Certificates to the public in the Republic of Italy for the period set out in paragraph Paragraph 9 below. Save as discussed in “Risk Factors” in the Base Prospectus, so far as the Issuer is aware, no person involved in the offer of the Securities has an interest material to the offer.