FCC Proudreed Properties 2005 HSBC SG CORPORATE ...

Manager
The manager of Les Hauteurs du Loing and its business address and other principal activities are:
Name Business Address Other Principal Activities
Mr. Jean-Pierre Raynal
36 avenue Hoche
Manager of Les Hauteurs du
75008 Paris
Loing S.a.r.l.
Les Hauteurs du Loing has no employees.
Capitalisation and Indebtedness Statement
It is estimated that the capitalisation of Les Hauteurs du Loing on or about the Closing Date will be as
follows:
Share Capital:
Authorised and issued:
6,750 ordinary shares of u48 each, 6,749 of which are fully paid up and are held by Paris Properties and
1 of which is fully paid up and is held by SPCR.
Loan Capital:
Commercial Mortgage Loan Agreement (to be advanced on or about the Closing Date)
u12,537,000
Save for the foregoing, at the date of this document, Les Hauteurs du Loing has no borrowings or
indebtedness in the nature of borrowings (including loan capital issued, or created but unissued), term
loans, liabilities under acceptances or acceptance credits, mortgages, charges or guarantees or other
contingent liabilities. All loan capital is secured over the assets of Les Hauteurs du Loing.
Annapaul S.C.I.
Introduction
Annapaul SCI (‘‘Annapaul’’) was incorporated in Paris on 7 January 1991 (registered number 380 332 825)
as a private company with limited liability under the laws of France. The registered office of Annapaul is
at 36 avenue Hoche, 75008 Paris. The authorised share capital of Annapaul is u45,734.71, divided into 300
ordinary shares of u152.44 each, 299 of which are fully paid up and are held by SCI Beaulieu Properties
and 1 of which is fully paid up and is held by SPCR.
Principal Activities
The principal objects of Annapaul are set out in Article 2 of its Articles of Incorporation, which provides
that the objects of the company include, inter alia:
– the purchase, either for consideration or by means of contribution of all or part of commercial or
industrial properties, developed or undeveloped, and any other properties of an equivalent nature, as
well as the financing and refinancing by all means of such transactions;
– the construction, fitting-out, administration, management and renting as well as the execution of any
agreement relating thereto;
– the purchase, subscription, possession and transfer of shares in any existing or future company whose
activity is dedicated to the purchase, ownership, use, administration and management, by means of
renting the properties or otherwise, of properties to be built on plots of land which have been
purchased beforehand, or of any other property the company may own.
– the purchase or subscription of shares of any company whose main object is to facilitate directly or
indirectly the possession of commercial or industrial properties, whether already built or to be built,
with a view to renting such properties;
– any transactions (whether property related or not) which directly or indirectly further the aims of one
of the above mentioned objects, or are useful or necessary for the management of the assets of the
company or which may facilitate the above objects, and namely:
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