FCC Proudreed Properties 2005 HSBC SG CORPORATE ...

Notices by Delivery to Euroclear, Euroclear France and/or Clearstream, Luxembourg
(b) For so long as any Notes are held through Euroclear, Euroclear France and/or Clearstream,
Luxembourg, notices to Noteholders may be given by delivery of the relevant notice to
Euroclear, Euroclear France and/or Clearstream, Luxembourg (as the case may be) for
communication to the relevant accountholders rather than by publication as required by
Condition 13(a) (Notices and Information – Valid Notices). Any notice delivered to Euroclear,
Euroclear France and/or Clearstream, Luxembourg shall be deemed to have been given to
Noteholders on the date on which such notice is delivered to Euroclear, Euroclear France
and/or Clearstream, Luxembourg (as the case may be). So long as the Notes are listed on the
Irish Stock Exchange and the rules of that exchange so require, notices will also be published
in a leading English language daily newspaper having general circulation in Ireland (which is
expected to be the Irish Times).
Notices on Screen Page
(c) Any notice specifying an Interest Payment Date, a Rate of Interest, an Interest Amount, a
Note Principal Payment, a Principal Amount Outstanding or a Pool Factor or specifying that
a Note Enforcement Notice has been given shall also appear on such page of the Reuters
service or the Bloomberg serviceor such other medium for the electronic display of data
approved by each Noteholder Representative and notified to the Noteholders in accordance
with Condition 13(a) (Notices and Information – Valid Notices) or Condition 13(b) (Notices
and Information – Notices by Delivery to Euroclear and/or Clearstream).
Other Methods for Notice
(c) Each Noteholder Representative may approve any other method of giving notice to
Noteholders which is, in its opinion, reasonable having regard to market practice then
prevailing and to the requirements of the stock exchange on which the Notes are then listed.
Copy of Notices
(d) A copy of each notice given in accordance with this Condition 13 (Notices and Information)
shall be provided to the Rating Agencies and, for so long as the Notes are listed on the Irish
Stock Exchange and its rules so require, the Irish Stock Exchange.
Other Noteholder Information
(e) The Management Company shall provide each Noteholder Representative, the Liquidity
Facility Provider, the Hedging Provider, the FCC Servicers and each of the Paying Agents with
copies of:
(i) the audited annual financial statements of the Issuer as soon as they become publicly
available (together with the related auditors’ report) and in any case within 120 Business
Days of year end or such other period as required by law; and
(ii) on or before the Business Day following each Interest Payment Date, the Investor
Report.
The audited annual financial statements of the Issuer (together with the related auditors’ report) and
the Investor Report shall be available for inspection by the Noteholders on any business day at the
specified office for the time being of each of the Paying Agents and, in the case of the Investor
Report, on www.eurotitrisation.fr or such other website as may be notified in accordance with this
Condition.
Annual Information Meeting
(f) The Management Company shall, at the request of any Noteholder Representative or if
requested in writing by Noteholders holding not less than 10 per cent. in aggregate of the
Principal Amount Outstanding of the outstanding Notes, on twenty-one (21) days notice to the
Noteholders, given in accordance with Condition 13, convene an information meeting for the
benefit of all Noteholders, although the Management Company shall not be obliged to
convene more than one such meeting in any calendar year (each, an ‘‘Information Meeting’’).
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