Notice (6787E)

TIDM91AG

RNS Number : 6787E

Permanent Master Issuer PLC

11 April 2011

11 April 2011

Permanent Master Issuer PLC (the Master Issuer)

The following is a notice to the holders of the 2006-1 Notes (as defined below) issued by the Master Issuer on 17 October 2006, the holders of the 2007-1 Notes (as defined below) issued by the Master Issuer on 1 March 2007, the holders of the 2008-2 Notes (as defined below) issued by the Master Issuer on 28 May 2008, the holders of the 2009-1 Notes (as defined below) issued by the Master Issuer on 29 September 2009, the holders of the 2010-1 Notes (as defined below) issued by the Master Issuer on 4 February 2010 and the holders of the 2010-2 Notes (as defined below) issued by the Master Issuer on 13 July 2010.

The Master Issuer wishes to give notice to the holders (the 2006-1 Noteholders) of the: EUR1,750,000,000 Series 4 Class A2 Asset Backed Floating Rate Notes due July 2033 (ISIN: XS0270510653 - Common Code: 027051065 - CUSIP: N/A) $1,500,000,000 Series 5 Class A Asset Backed Floating Rate Notes due July 2033 (ISIN: US71419GAG55 - Common Code: 027124623 - CUSIP: 71419GAG5) GBP500,000,000 Series 6 Class A1 Asset Backed Floating Rate Notes due April 2020 (ISIN: XS0270511628 - Common Code: 027051162 - CUSIP: N/A) GBP600,000,000 Series 6 Class A2 Asset Backed Floating Rate Notes due April 2020 (ISIN: XS0270512279 - Common Code: 027051227 - CUSIP: N/A) EUR129,300,000 Series 4 Class B Asset Backed Floating Rate Notes due July 2042 (ISIN: XS0270510810 - Common Code: 027051081 - CUSIP: N/A) EUR129,300,000 Series 4 Class C Asset Backed Floating Rate Notes due July 2042 (ISIN: XS0270511115 - Common Code: 027051111 - CUSIP: N/A)

(together, the 2006-1 Notes)

and to the holders (the 2007-1 Noteholders) of the:

EUR1,500,000,000 Series 3 Class A Asset Backed Floating Rate Notes due October 2033 (ISIN: XS0288090342 - Common Code: 28809034 - CUSIP: N/A) $1,350,000,000 Series 4 Class A Asset Backed Floating Rate Notes due October 2033 (ISIN: US71419GAL41 - Common Code: 28919115 - CUSIP: 71419GAL4) GBP650,000,000 Series 5 Class A Asset Backed Floating Rate Notes due October 2033 (ISIN: XS0288093957 - Common Code: 28809395 - CUSIP: N/A) GBP41,300,000 Series 4 Class B Asset Backed Floating Rate Notes due July 2042 (ISIN: XS0288100836 - Common Code: 28810083 - CUSIP: N/A) GBP41,300,000 Series 4 Class C Asset Backed Floating Rate Notes due July 2042 (ISIN: XS0288104408 - Common Code: 28810440 - CUSIP: N/A)

(together, the 2007-1 Notes)

and to the holders (the 2008-2 Noteholders) of the:

GBP500,000,000 Series 1 Class A Notes due April 2014 (ISIN: XS0365842466 -

Common Code: 036584246 - CUSIP: N/A)

(the 2008-2 Notes)

and to the holders (the 2009-1 Noteholders) of the:

GBP1,650,000,000 Series 1 Class A Notes due July 2042 (ISIN: XS0454741272 -

Common Code: 045474127- CUSIP: N/A)

GBP1,650,000,000 Series 2 Class A Notes due July 2042 (ISIN: XS0454744375 -

Common Code: 045474437 - CUSIP: N/A)

EUR750,000,000 Series 3 Class A Notes due July 2042 (ISIN: XS0454744458 -

Common Code: 045474445 - CUSIP: N/A)

(the 2009-1 Notes)

and to the holders (the 2010-1 Noteholders) of the:

$1,000,000,000 Series 1 Class A Notes due July 2042 (ISIN: XS0484703789-

Common Code: 048470378 - CUSIP: 71419GAP5)

GBP200,000,000 Series 2 Class A1 Notes due July 2042 (ISIN: XS0484703359-

Common Code: 048470335 - CUSIP: N/A)

EUR750,000,000 Series 2 Class A2 Notes due July 2042 (ISIN: XS0484703516-

Common Code: 048470351 - CUSIP: N/A)

GBP600,000,000 Series 3 Class A Notes due July 2042 (ISIN: XS0484703433-

Common Code: 048470343 - CUSIP: N/A)

GBP400,000,000 Series 4 Class A Notes due July 2042 (ISIN: XS0484703862-

Common Code: 048470386 - CUSIP: N/A)

(the 2010-1 Notes)

and to the holders (the 2010-2 Noteholders) of the:

$750,000,000 Series 1 Class A Notes due July 2042 (ISIN: XS0520953877-

Common Code: 052095387 - CUSIP: 71419GAP5)

$750,000,000 Series 2 Class A Notes due July 2042 (ISIN: XS0520953950-

Common Code: 052095395 - CUSIP: N/A)

$750,000,000 Series 3 Class A Notes due July 2042 (ISIN: XS0520954255-

Common Code: 052095425 - CUSIP: N/A)

$750,000,000 Series 4 Class A Notes due July 2042 (ISIN: XS0520954412-

Common Code: 052095441 - CUSIP: N/A)

GBP500,000,000 Series 5 Class A Notes due July 2042 (ISIN: XS0520954768-

Common Code: 052095476 - CUSIP: N/A)

(the 2010-2 Notes and together with the 2006-1 Notes, the 2007-1 Notes, the 2008-2 Notes, the 2009-1 Notes and the 2010-1 Notes, the Notes)

each issued by the Master Issuer and constituted by a Trust Deed dated 17 October 2006 (as supplemented and amended) between the Master Issuer and The Bank of New York (the Trustee) as trustee for the Noteholders.

On 8 April 2011, the parties to the Cash Management Agreement entered into an Amended and Restated Cash Management Agreement, the parties to the Mortgage Sale Agreement entered into an Amended and Restated Mortgage Sale Agreement, the parties to the Master Issuer Master Definitions and Construction Schedule entered into an Amended and Restated Master Issuer Master Definitions and Construction Schedule, the parties to the Programme Agreement entered into an Amended and Restated Programme Agreement, the parties to the Master Definitions and Construction Schedule entered into an Amended and Restated Master Definitions and Construction Schedule, the parties to the Fifth Supplemental Master Issuer Trust Deed entered into a Sixth Supplemental Master Issuer Trust Deed, the parties to the Third Supplemental Funding 2 Deed of Charge entered into a Fourth Supplemental Funding 2 Deed of Charge and the parties to the Master Issuer Paying Agent and Agent Bank Agreement entered into an Amended and Restated Master Issuer Paying Agent and Agent Bank Agreement.

Copies of the Amended and Restated Cash Management Agreement, Amended and Restated Mortgage Sale Agreement, Amended and Restated Master Issuer Master Definitions and Construction Schedule, Amended and Restated Programme Agreement, Amended and Restated Master Definitions and Construction Schedule, Sixth Supplemental Master Issuer Trust Deed, Fourth Supplemental Funding 2 Deed of Charge and the Amended and Restated Master Issuer Paying Agent and Agent Bank Agreement will be available for inspection by Noteholders at the specified offices of the Paying Agents set out below:

 
 UK PRINCIPAL PAYING AGENT          US PAYING AGENT 
       Citibank, N.A.                Citibank, N.A. 
      Citigroup Centre                 14th Floor 
       Canada Square          388 Greenwich Street New York 
        Canary Wharf                 New York 10013 
       London E14 5LB 
 

All defined terms, unless defined herein or the context otherwise requires, shall have the meanings given to them in the Amended and Restated Master Definitions and Construction Schedule dated 8 April 2011 and the Amended and Restated Master Issuer Master Definitions and Construction Schedule dated 8 April 2011.

For further information, please contact:

Permanent Master Issuer plc

c/o SFM Corporate Services Limited

35 Great St. Helen's

London EC3A 6AP

Telephone : [phone]

Fax : [phone]

NOTHING IN THIS NOTICE CONSTITUTES AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION.

This information is provided by RNS

The company news service from the London Stock Exchange

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