502.02 DIRECTIVEBY THEMINISTEROFFINANCE, THEECONOMY AND INVESTMENT FOR THEIS SUEOF EURO 24, 000,000 MALTA GOVERNMENT STOCKS LEGAL NOTICE 431 of 2011. LEGAL NOTICE 431 of 2011. 1. Title. Thetitle of this Directiveis Directive bythe Minister of Finance, the Economy and Investment for the Issueof Euro 30, 000,000 Malta Government Stocks. 2. Issuing of Stock. Anamountof Euro 24, 000,000 Malta Government Stockshallbeissued Floating Rate Malta Government Stock 2014(v) linkedtothes ix-month Euribor. 3. Modeofissuing Stock. The Stockshallbeis suedassetout in the prospectus. 4. Allotment policy. All personsand, orentitiesaree ligibletoapplyforthis Stock. Allotment will be appliedas se tout inthe prospectus. 5. Tradingon Malta Stock Exchange. Cap. 345. Intermsofthe Financial Markets Act, whenthis Stockhas beenallotted, an application shallbemade forthis Stocktobeplace don the officiallistand fortrading onthe Malta Stock Exchange. 6. Sumofmoneyberaised. Thesum ofmoneytoberaised shallbe Euro 24, 000, 000. 7. (1) Interestshall bepaidat thefloatingratelinkedtos ix-month Euriborin effecton the applicable interest determinationdate, plusas preadof 45 basis points (bps) calculatedon Day Count Fraction (Actualż 360) forevery Euro 100. Thespreadof 45bpsisfixedandapplicableuntil the maturity of the Stock. (2) Interestshall bepayablehalfye arlyinarrearsonthe 23rd of Mayand 23rdof Novemberine veryye arfor theduration of Stock. (3) The first payment covering the period fromthe 23rd November, 2011 tothe 22nd May, 2012 (bothdates inclusive), shall bemadeonthe 23rdday of May, 2012. 8. Redemptionof Stock. The Floating Rate Malta Government Stock 2014(V) linkedtothes ix-month Euriborshallberedeemedatparon 23rd November, 2014.