S.L. 161.128 Art. 7Rateofinterestand dates of payment.

(1) Interest on the Floating Rate Malta Government Stock

2017 (V) linked to the six-month Euribor shall be paid at the rate linked to the six-month Euribor in effect on the applicable interest determination date, plus a spread of 90 basis points (bps) calculated on Day Count Fraction (Actual/360) for every Euro 100. The spread of 90bps is fixed and applicable until the maturity of the Stock.

(2) Interest on the Floating Rate Malta Government Stock 2018

(IV) linked to the six-month Euribor shall be paid at the rate linked to the six-month Euribor in effect on the applicable interest determination date, plus a spread of 110 basis points (bps) calculated on Day Count Fraction (Actual/360) for every Euro 100. The spread of 110bps is fixed and applicable until the maturity of the Stock.

(3) Interest on the Floating Rate Malta Government Stock 2017

(V) linked to the six-month Euribor shall be payable half yearly in arrears on the 5th of March and 5th of September in every year for the duration of the Stock.

(4) Interest on the Floating Rate Malta Government Stock 2018

(IV) linked to the six-month Euribor shall be payable half yearly in arrears on the 5th of March and 5th of September in every year for the duration of the Stock.

(5) The first interest payment in respect both Stocks mentioned in sub-articles (1) and (2) covering the period from the 5th September, 2012 to the 4th March, 2013 (both days inclusive) shall be made on the 5th day of March, 2013.