FCC Proudreed Properties 2005 HSBC SG CORPORATE ...

Manager (‘‘Gérant’’)
The manager of 7 rue d’Amiens and its business address and other principal activities are:
Name Business Address Other Principal Activities
Mr. Jean-Pierre Raynal
36 avenue Hoche
Manager of 7 rue d’Amiens
75008 Paris
7 rue d’Amiens has no employees.
Capitalisation and Indebtedness Statement
It is estimated that the capitalisation of 7 rue d’Amiens on or about the Closing Date will be as follows:
Share Capital:
Authorised and issued:
1000 ordinary shares of u2 each of which 999 shares have been issued and fully paid by PPP and 1 has been
issued and fully paid by Paris Properties.
Loan Capital:
Commercial Mortgage Loan Agreement (to be advanced on or about the Closing Date)
u7,448,000
Save for the foregoing, at the date of this document, 7 rue d’Amiens 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.
Paris Provinces Properties S.C.I.
Introduction
Paris Provinces Properties S.C.I. (‘‘PPP’’) was incorporated in Paris on 30 November 2000 (registered
number 433 741 188) as a private company with limited liability under the laws of France. The registered
office of PPP is at 36 avenue Hoche, 75008 Paris. The authorised share capital of PPP is u12,300,000,
divided into u12,300,000 ordinary shares of u1 each, 12,299,999 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.
Principal Activities
The principal objects of PPP 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:
• borrowing or more generally raising funds, by itself or with other companies (whether the
company is liable on a several basis or on a joint and several basis with the other companies
pursuant to such transactions);
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