FRN Variable Rate Fix

LONDON--(BUSINESS WIRE)--

28 December 2012

Issue: VCL MASTERS S.A

2012-1

XS0857704976

Care Amendment

Pursuant to our appointment as Agent for the above stated issue, please be advised of the following interest rate determination:

Date From: 27 December 2012

Date To: 25 January 2013

Value Date: 25 January 2013

Benchmark Rate: 0.11%

Margin: 0.3%

Total Rate: 0.41%

Number of Days: 29

Day Count: Actual / 360

Interest Frequency: Monthly

Total Amount Due:

EUR 27,941.50

Pool Factor: 1