FRN Variable Rate Fix

LONDON--()--

24 July 2014

Issue: Bank of Montreal, Toronto Branch

70

XS0985278851

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

Date From: 24 July 2014

Date To: 24 October 2014

Record Date: 21 October 2014

Value Date: 24 October 2014

Benchmark Rate: 0.55563%

Margin: 0.45%

Total Rate: 1.00563%

Number of Days: 92

Day Count: Actual / 365 (Fixed)

Interest Frequency: Quarterly

Denomination: GBP 1,000.00

Amount per Denomination:

GBP 2.53

Total Amount Due:

GBP 948,750.00

Interest Per 1K: GBP 2.53

Pool Factor: 1

Short Name: Bank of Montreal
Category Code: RC
Sequence Number: 426208
Time of Receipt (offset from UTC): 20140724T173125+0100

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HSBC Security Services

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Contacts

HSBC Security Services