CDS Clearing: Launch of additional Single Name CDS Products CIRCULAR

CDS Clearing Members are hereby advised that ICE Clear Europe (the Clearing C14/134 House) will extend clearing eligible coupons for the below Single Name Products on Monday 27 October 2014. 23 October 2014

 BANCA MONTE DEI PASCHI DI SIENA S.P.A. Category:  BANCO BILBAO VIZCAYA ARGENTARIA, SOCIEDAD

ANONIMA Operations  , S.A.  SPA  NOVO BANCO, S.A. Attachments:

Further information including, inter alia, RED ID, Ticker, Reference Obligations, None Restructuring type, tenor and coupons accepted for clearing is set out in Appendix 1. Summary of content CDS Clearing Members are reminded that all transactions in all reference obligations for a common reference entity are booked in the DTCC Trade CDS Clearing: Launch Information Warehouse under a common reference obligation, the stated of additional Single Preferred Reference Obligation. Name CDS products

Should you have any questions in relation to this Circular or require any further information, please contact Mark Woodward, Vice President, Corporate For more information Development by phone on +44 (0)20 7065 7617 or email please contact: [email protected] or Maddie Binks, CDS Corporate Development by phone on +44 (0)20 7065 7627 or email [email protected] or CDS Mark Woodward Operations by phone on +44 (0)20 7065 7600 or email cds-ops- Vice President, [email protected]. Corporate Development Please ensure that the appropriate members of staff within your organisation +44 (0)20 7065 7617 and customers are advised of the content of this Circular. [email protected]

Maddie Binks Signed: CDS Corporate Development +44 (0)20 7065 7627 [email protected]

CDS Operations +44 (0)20 7065 7600 [email protected]

Paul Swann President & Managing Director

ICE Clear Europe, a Recognised Clearing House ICE Clear Europe Circular C14/134 under the & Markets Act 2000

Registered in England & Wales with Registered Office at Milton Gate, 60 Chiswell Street, London EC1Y 4SA Company Registration No. 6219884

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Appendix 1:

Markit Preferred Reference Entity Sector RED6 Tier CCY ISDA Definitions Coupon Tenor Clearing Eligible CH Preferred Ticker Red9 XS0173287516 BANCA MONTE DEI XS0208159813 PASCHI DI SIENA MONTE Financial TU29GI SNR EUR ISDA 2003 Credit 25, 100, 300, 500 0m-10yr XS0210918123 TU29GIAF2 XS0210918123 S.P.A. IT0004804362 XS0872702112 BANCO BILBAO ES0382134015 VIZCAYA ES0313211130 ARGENTARIA, BBVSM Financial EF2985 SNR EUR ISDA 2003 Credit 25, 100, 300, 500 0m-10yr XS0872702112 EF2985AK7 XS0408528833 SOCIEDAD ANONIMA XS0250172003 ES0313211239 XS0877984459 XS0083812593 BANCO XS0262892549 SANTNDR Financial EFAGG9 SNR EUR ISDA 2003 Credit 25, 100, 300, 500 0m-10yr XS0589920205 EFAGG9AF6 SANTANDER, S.A. XS0283070554 XS0589920205 XS0759014375 XS0107999707 XS0186189154 INTESA SANPAOLO XS0486454530 SANPAO Financial TYA56D SNR EUR ISDA 2003 Credit 25, 100, 300, 500 0m-10yr XS0304508921 TYA56DAG3 SPA XS0304508921 XS0291639440 XS0213927667 NOVO BANCO, S.A. NOVOBAN Financial X2CB9K SNR EUR ISDA 2003 Credit 100, 500 0m-10yr PTBEQKOM0019 TBC * TBC

ICE Clear Europe, a Recognised Clearing House ICE Clear Europe Circular C14/134 under the Financial Services & Markets Act 2000

Registered in England & Wales with Registered Office at Milton Gate, 60 Chiswell Street, London EC1Y 4SA Company Registration No. 6219884

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Markit Preferred Reference Entity Sector RED6 Tier CCY ISDA Definitions Coupon Tenor Clearing Eligible CH Preferred Ticker Red9 XS0173287516 BANCA MONTE DEI XS0208159813 PASCHI DI SIENA MONTE Financial TU29GI SNR EUR ISDA 2014 Credit 25, 100, 500 0m-10yr XSSNRREFOBL0 TU29GIAF2 XS0210918123 S.P.A. IT0004804362 XS0872702112 BANCO BILBAO ES0382134015 VIZCAYA ES0313211130 ARGENTARIA, BBVSM Financial EF2985 SNR EUR ISDA 2014 Credit 25, 100 0m-10yr XSSNRREFOBL0 EF2985AK7 XS0408528833 SOCIEDAD ANONIMA XS0250172003 ES0313211239 XS0877984459 XS0083812593 BANCO XS0262892549 SANTNDR Financial EFAGG9 SNR EUR ISDA 2014 Credit 25, 100 0m-10yr XSSNRREFOBL0 EFAGG9AF6 SANTANDER, S.A. XS0283070554 XS0589920205 XS0759014375 XS0107999707 XS0186189154 INTESA SANPAOLO XS0486454530 SANPAO Financial TYA56D SNR EUR ISDA 2014 Credit 25, 100 0m-10yr XSSNRREFOBL0 TYA56DAG3 SPA XS0304508921 XS0291639440 XS0213927667 NOVO BANCO, S.A. NOVOBAN Financial X2CB9K SNR EUR ISDA 2014 Credit 100, 500 0m-10yr PTBEQKOM0019 TBC TBC

* Succession Event pending processing on NOVO BANCO, S.A., this name is not currently Clearing Eligible.

ICE Clear Europe, a Recognised Clearing House ICE Clear Europe Circular C14/134 under the Financial Services & Markets Act 2000

Registered in England & Wales with Registered Office at Milton Gate, 60 Chiswell Street, London EC1Y 4SA Company Registration No. 6219884

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