LYON

Liquid Yield Option Note

REMARKS

This is a combination of a zero-coupon bond with a convertible bond.

The zero coupon bond component pays no interest until it is redeemed at or before maturity.

In the case of a zero-coupon bond the interest is the difference between the issue price and the redemption price.

The convertible bond component may be converted into equity within a specified period and at a specified price.