UKDMO UK Regulatory Announcement: Issue of Debt

DMO SCREEN ANNOUNCEMENT

TENDER FOR £1,000 MILLION (NOMINAL) OF 5% TREASURY STOCK 2025 ON TUESDAY 26 MARCH 2013

The UK Debt Management Office (DMO) announces the sale by tender of up to £1,000 million (nominal) of 5% Treasury Stock 2025 on Tuesday 26 March 2013.

Details of this tender are as follows:

It will be conducted on a single price basis, with no non-competitive bidding or post-auction option facility;
GEMM firms may each submit an unlimited number of bids via Bloomberg Auction System, either for their own account or on behalf of customers, in multiples of round GBP millions (nominal);
Bidding will close at 10:30am (GMT) precisely;

There shall be no individual maximum allocation limits for GEMMs or investors, but all bids are accepted at the DMO's discretion. The DMO also reserves the right not to accept bids deemed to be at an unacceptable discount to the prevailing secondary market price. Any unallocated residual will not be issued.

The results of this tender will be announced on the DMO's wire services pages and website <www.dmo.gov.uk> as soon as practicable after the bidding deadline on Tuesday 26 March 2013. Settlement will be on the following day, Wednesday 27 March 2013, for which the DMO's standard settlement arrangements will apply.

14 MARCH 2013

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