Notice of Results of Class A Meeting

 

TIDM56QR 
 
RNS Number : 5823X 
Granite Mortgages 04-3 PLC 
17 August 2009 
 

NOTICE OF THE RESULTS OF A MEETING 
of the holders of the 
US$713,700,000 Series 2 Class A1 Floating Rate Notes 
(ISIN: US38741SAF92 / CUSIP: 38741SAF9) 
EUR 800,150,000 Series 2 Class A2 Floating Rate Notes 
(ISIN: XS0201483228) 
GBP411,250,000 Series 3 Class A1 Floating Rate Notes 
(ISIN: XS0201486320) 
GBP600,000,000 Series 3 Class A2 Floating Rate Notes 
(ISIN: XS0201565628) 
(together the "Class A Notes" and the holders thereof, the "Class A 
Noteholders") 
issued by 
GRANITE MORTGAGES 04-3 PLC 
(a public limited company incorporated in England 
and Wales with registered number 5168395) 
(the "Issuer") 
 
 
In accordance with the provisions of the Issuer Trust Deed dated 22 September 
2004 (as amended, restated, supplemented or otherwise modified and in effect 
from time to time, the "Trust Deed") made between the Issuer and The Bank of New 
York Mellon (f/k/a The Bank of New York), as note trustee for and on behalf of 
the Noteholders (the "Note Trustee"), NOTICE IS HEREBY GIVEN that at the Meeting 
of the holders of the Class A Notes (held at the same time as the Meetings of 
Noteholders of the other Classes of the Issuer's Notes), convened by the Issuer 
on 6 August 2009 by Notice of Meetings dated 6 July 2009, the extraordinary 
resolution (the "Extraordinary Resolution") set out in Annex A was passed by the 
Class A Noteholders. Notice of Adjourned Meetings of the holders of the Class B 
Notes, the Class M Notes and the Class C Notes is separately given by the Issuer 
on the date hereof. 
  ANNEX A 
The text of the Extraordinary Resolution of the Class A Noteholders is as 
follows: 
"THAT this Meeting of the holders of the: 
US$713,700,000 Series 2 Class A1 Floating Rate Notes 
EUR 800,150,000 Series 2 Class A2 Floating Rate Notes 
GBP411,250,000 Series 3 Class A1 Floating Rate Notes 
GBP600,000,000 Series 3 Class A2 Floating Rate Notes 
(together the "Class A Notes" and the holders thereof, the "Class A 
Noteholders") 
of Granite Mortgages 04-3 plc (the "Issuer") constituted by the Issuer Trust 
Deed dated 22 September 2004 (as amended, restated, supplemented or otherwise 
modified and in effect from time to time, the "Trust Deed") made between the 
Issuer and The Bank of New York Mellon (f/k/a The Bank of New York), as note 
trustee for and on behalf of the Noteholders (the "Note Trustee") hereby: 
1.    sanctions and approves the modifications to the Collection Bank Agreement 
by way of an amendment deed substantially in the form of the amendment deed 
signed by the chairman of this Meeting for the purpose of identification, with 
such amendments (if any) thereto as the Note Trustee may deem appropriate in its 
discretion which, if this Extraordinary Resolution is duly passed and becomes 
effective as provided herein, will be executed by the parties to the Collection 
Bank Agreement (the "Collection Bank Amendment Deed"); 
2.    sanctions and approves the modifications to the Bank Account Agreement by 
way of an amendment deed substantially in the form of the amendment deed signed 
by the chairman of this Meeting for the purpose of identification, with such 
amendments (if any) thereto as the Note Trustee may deem appropriate in its 
absolute discretion which, if this Extraordinary Resolution is duly passed and 
becomes effective as provided herein, will be executed by the parties to the 
Bank Account Agreement (the "Bank Account Amendment Deed"); 
3.    sanctions and approves the modifications to the Stand-by Bank Account 
Agreement by way of an amendment deed substantially in the form of the amendment 
deed signed by the chairman of this Meeting for the purpose of identification, 
with such amendments (if any) thereto as the Note Trustee may deem appropriate 
in its absolute discretion which, if this Extraordinary Resolution is duly 
passed and becomes effective as provided herein, will be executed by the parties 
to the Stand-by Bank Account Agreement (the "Stand-by Bank Account Amendment 
Deed"); 
4.    sanctions and approves the modifications to the Funding (04-3) Bank 
Account Agreement by way of an amendment deed substantially in the form of the 
amendment deed signed by the chairman of this Meeting for the purpose of 
identification, with such amendments (if any) thereto as the Note Trustee may 
deem appropriate in its absolute discretion which, if this Extraordinary 
Resolution is duly passed and becomes effective as provided herein, will be 
executed by the parties to the Funding (04-3) Bank Account Agreement (the 
"Funding (04-3) Bank Account Amendment Deed" and, together with the Collection 
Bank Account Amendment Deed, the Bank Account Amendment Deed and the Stand-by 
Bank Account Amendment Deed, the "Amendment Deeds"); 
5.    authorizes and directs the Note Trustee, with effect on and from the date 
of this Extraordinary Resolution, (i) to concur in the modifications referred to 
in paragraphs 1, 2, 3 and 4 of this Extraordinary Resolution and, in order to 
give effect thereto and to implement the same on or shortly after the passing of 
this Extraordinary Resolution, to execute the Amendment Deeds substantially in 
the form of the drafts produced to this Meeting and for the purpose of 
identification signed by the Chairman thereof with such amendments (if any) 
thereto as the Note Trustee shall require or approve to give effect to the 
modifications referred to in paragraphs 1, 2, 3 and 4 of this Extraordinary 
Resolution and the implementation of such modifications, (ii) to make any other 
amendment or modification which is incidental to, or in connection with, the 
modifications referred to in paragraphs 1, 2, 3 and 4 of this Extraordinary 
Resolution, and (iii) to concur in, and to execute and do, all such other deeds, 
agreements, instruments, acts and things as may be necessary or appropriate to 
carry out and give effect to this Extraordinary Resolution, the Amendment Deeds 
and their implementation; 
6.authorises and directs the Note Trustee, with effect on and from the date of 
this Extraordinary Resolution and from time to time to authorise or waive or to 
permit the Issuer to authorise or waive any breach or failure to perform or 
proposed breach or proposed failure to perform of any obligation of, or any 
covenant or other provision applicable to, the Issuer or any other party to any 
Transaction Document or related agreement or ancillary document which may have 
arisen by reason of the S&P Downgrade Event; 
7.    sanctions every abrogation, modification, compromise or arrangement in 
respect of the rights of the Noteholders against the Issuer arising from, 
resulting from or in connection with, the modifications referred to paragraphs 
1, 2, 3 and 4 of this Extraordinary Resolution; and 
8.    discharges and exonerates the Note Trustee from all liability for which it 
may have become or may become responsible under the Trust Deed, the Notes, any 
other Issuer Transaction Document or any other Transaction Document in respect 
of any act or omission in connection with the Amendment Deeds, this 
Extraordinary Resolution or their implementation. 
Except as otherwise defined, capitalised terms used in this Extraordinary 
Resolution will have the meanings given to them in the Trust Deed." 
  This Notice is given by Granite Mortgages 04-3 plc 
 
 
By: 
 
Dated: 17 August 2009 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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