Notice to Noteholders

RNS Number:7188M
Misti Company Limited
24 June 2003


Notice to Noteholders

Misti Company Limited 
EUR 61,458,000 Mezzanine and CMS Credit Linked Notes due 3 August 2018, 
XS0137876206

In our capacity as Calculation Agent under the Notes, we refer to the Notice 
dated 02 April 2003 of a Credit Event in respect of Reference Entity BRITISH 
ENERGY PLC. In our capacity as the Calculation Agent, we determined the Final 
Price for the Defaulted Credit as set out below

Reference Obligation:

BRITISH ENERGY PLC
Maturity: 25 March 2006
Coupon: 6.077%
CUSIP/ISIN: XS0098580755
Original Issue Amount: GBP 163,444,000
 
Dealers              Quotations

Citigroup                56.80% 
Morgan Stanley           55.05% 
UBS                      55.50% 
Goldman Sachs            No Bid 
Lehman Brothers          No Bid

Final Price              56.80%

 
The resulting Loss on Default, determined in accordance with the Conditions, is 
EUR 2,12,488. The interest bearing amount currently remains unchanged as a 
result.

 



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