FRN Variable Rate Fix

LONDON--()--

20 June 2014

Issue: VCL MASTERS S.A

2013 - 1 Compartment 2

XS0908771354

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

Date From: 25 June 2014

Date To: 25 July 2014

Record Date: 22 July 2014

Value Date: 25 July 2014

Benchmark Rate: 0.108%

Margin: 0.55%

Total Rate: 0.658%

Number of Days: 30

Day Count: Actual / 360

Interest Frequency: Monthly

Total Amount Due:

EUR 109,666.67

Interest Per 1K: EUR 0.54833335

Pool Factor: 1

Short Name: VCL Masters SA
Category Code: RC
Sequence Number: 422029
Time of Receipt (offset from UTC): 20140623T144641+0100

Contacts

HSBC Security Services

Contacts

HSBC Security Services