AQUASAFETY INVEST PLC- AMENDED TRUST DEED AND NEW SECURITIES AGREEMENT


31-May-2010

The Trust Deed between the Issuer and the Trustee, Bank of New York Mellon, has been amended to provide that the Issuer’s outstanding shares are pledged to the Trustee as financial collateral for payments on the Notes. In connection with the amended Trust Deed, a Securities Agreement has been signed between the Issuer’s Sole Shareholder and the Trustee. The Trustee is taking an equitable charge over the Issuer’s shares, and all the voting rights in regard to such shares can only be exercised by the Sole Shareholder of the Issuer upon the Trustee’s approval. The changes made effectively transfer control over the Issuer to the independent third party – the Trustee.

 

Contact: Denis Aloshyn, Visum Capital (financial advisor), tel/fax     +38 (044) 201 10 96, mobile    +38 (050) 380 16 74, 1/8 Igorevskaya Str., office 3b.