JPMorgan - KASE

Interest on the Notes (other than interest on redemption) will be paid to the holder shown on
the Register on the fifteenth day before the due date for such payment so long as the Notes are
represented by a Global Note, and on the fifteenth day before the due date for such payment
(the “Record Date”) if the Notes are in definitive form (“Definitive Notes”). Trading between the
Rule 144A Global Note and the Regulation S Global Note will therefore be net of accrued interest
from the relevant Record Date to the relevant interest payment date.
The laws of some States of the United States require that certain persons take physical delivery in
definitive form of securities that they own. Consequently, the ability to transfer beneficial
interests in a Global Note to such persons will be limited to that extent. Because DTC, Euroclear
and Clearstream, Luxembourg can act only on behalf of indirect participants, the ability of a
person having beneficial interests in a Global Note to pledge such interests to persons or entities
that do not participate in the relevant clearing system, or otherwise take actions in respect of
such interests, may be affected by the lack of a physical certificate evidencing such interests.
Neither the Issuer nor the Trustee, nor any agent of either of them, will have responsibility for
the performance of DTC, Euroclear, Clearstream, Luxembourg or their respective participants of
their respective obligations under the rules and procedures governing their operations. DTC has
advised the Issuer that it will take any action permitted to be taken by a holder of a beneficial
interest in the Rule 144A Global Note (including, without limitation, the presentation of the
Global Note for exchange as described below) only at the direction of one or more Participants to
whose accounts with DTC interests in a Global Note are credited, and only in respect of the Notes
represented by the Global Note as to which such Participant or Participants has or have given
such direction. However, if there is an Event of Default under the Notes, DTC reserves the right to
exchange the Global Notes for Notes in definitive form, which it will distribute to its Participants.
DTC has also advised the Company that DTC is a limited purpose trust company organized under
the laws of the State of New York, a member of the Federal Reserve System, a “clearing
corporation” within the meaning of the Uniform Commercial Code and a “clearing agency”
registered pursuant to the provisions of Section 17A of the Exchange Act. DTC was created to
hold securities for its Participants and to facilitate the clearance and settlement of securities
transactions between Participants through electronic book-entry changes to accounts of its
Participants, thereby eliminating the need for physical movement of certificates. Participants
include securities brokers and dealers, banks, trust companies and clearing corporations and may
include certain other organizations such as the initial purchasers. Certain of such Participants (or
their representatives), together with other entities, own DTC. Indirect access to the DTC system is
available to others such as banks, brokers, dealers and trust companies that clear through, or
maintain a custodial relationship with, a Participant, either directly or indirectly.
Euroclear and Clearstream, Luxembourg each holds securities for its customers and facilitates the
clearance and settlement of securities transactions by electronic book-entry transfer between
their respective accountholders. Euroclear and Clearstream, Luxembourg provide various services
including safekeeping, administration, clearance and settlement of internationally traded
securities and securities lending and borrowing. Euroclear and Clearstream, Luxembourg also
deal with domestic securities markets in several countries through established depositary and
custodial relationships. Euroclear and Clearstream, Luxembourg have established an electronic
bridge between their two systems across which their respective participants may settle trades
with each other.
Euroclear and Clearstream, Luxembourg customers are worldwide financial institutions, including
underwriters, securities brokers and dealers, banks, trust companies and clearing corporations.
Indirect access to Euroclear and Clearstream, Luxembourg is available to other institutions that
clear through or maintain a custodial relationship with an accountholder of either system.
122