Book size: 4800; Registration: 144A/Reg S (Cat 1); Comments: EUR2bn 7.7yr cpn fxd 5.375% at 99.351, yld 5.486%. Spread: MS+295bps. DBR 2.3 2/33 + 299.1bps. Deal Stats: By Region: UK 36%, US 28%, W Europe 15%, R Europe 7%, CEE exc Romania 7%, Romania 4%, Asia & ME 3%. By Type: AM 71%, HF 9%, PF & Insurance 8%, Banks & PB 7%, CB & OI 5%; Book size: 2100; Registration: 144A/Reg S (Cat 1); Comments: EUR1bn 12yr cpn fxd 6.125% at 99.312, yld 6.208%. Spread: MS+345bps. DBR 4 1/37 + 341.2bps. Deal Stats: By Region: UK 34%, W Europe 22%, US 20%, Romania 9%, CEE exc Romania 8%, Asia & ME 5%, R Europe 2%. By Type: AM 51%, PF & Insurance 18%, HF 16%, CB & OI 8%, Banks & PB 7%; Book size: 2800; Registration: 144A/Reg S (Cat 1); Comments: EUR1bn 20yr cpn fxd 6.50% at 98.690, yld 6.620%. Spread: MS+370bps. DBR 2.5 7/44 + 347.9bps. Deal Stats: By Region: UK 58%, US 16%, W Europe 11%, R Europe 5%, Asia & ME 5%, CEE exc Romania 3%, Romania 2%. By Type: AM 69%, HF17% , Banks & PB 6%, CB & OI 5%, PF & Insurance 3%;

For budget deficit financing, redemption of public debt and liability management operations (buy-backs or exchanges)