MAX CMBS I LTD. ANNOUNCES AMENDMENT TO INDENTURE SUPPLEMENT

Date9-Jan-2008

Announcement - MAX CMBS I Ltd.

 

The Issuer and the Co-Issuer hereby notify the exchange that an amendment to the Indenture Supplement in respect of the securities listed on the exchange has been effected, as of 20 December 2007, which provides that:

Notwithstanding anything to the contrary contained herein, in the case of an initial sale of the Indenture Issued Notes by the Initial Purchaser, such sale may be made to an institutional investor that is an “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) under the US Securities Act that is also a Qualified Purchaser who is acquiring the Indenture Issued Notes for its own account or for one or more accounts each of which is an “accredited investor” (x) which itself possesses such knowledge and experience or (y) with respect to which such purchaser has sole investment discretion; as evidenced by a written certification of such investor to the Initial Purchaser. Such Indenture Issued Notes sold to an accredited investor in accordance with the foregoing sentence shall be in the form of Global Notes.

 

Yours sincerely

 

Max CMBS l Ltd.