S.L. 161.84 Art. 7Rateofinterestand dates of payment.

(1) Interest at the rate of Euro 1.875 for every Euro 100 in respect of the 3.75% Malta Government Stock 2015 (VI) shall be payable half-yearly in arrears on the 3rd day of June and the 3rd day of December in every year for the duration of the Stock. The first pro rata payment covering the period from the 24th day of February, 2010 to the 2nd day of June, 2010 (both dates inclusive), shall be made on the 3rd day of June, 2010.

(2) Interest at the rate of Euro 2.3 for every Euro 100 in respect of the 4.6% Malta Government Stock 2020 (II) shall be payable half-yearly in arrears on the 25th day of April and the 25th day of October in every year for the duration of the Stock. The first pro rata payment covering the period from the 24th day of February, 2010 to the 24th day of April, 2010 (both dates inclusive) shall be made on the 25th day of April, 2010.

(3) Interest shall be paid at the floating rate linked to the six

(6) month Euribor plus a spread of 45 basis points (bps) calculated on Day Count Fraction (Actual/360) for every Euro 100. The spread of 45bps is fixed and applicable until the maturity of the Stock. The interest rate (six-month Euribor plus spread of 45bps) is subject to a maximum interest rate capped at 1.925% every six months and in no event shall the minimum interest rate be less than 0.675% every six months. Interest shall be payable half yearly in arrears on the 24th of February and 24th of August in every year for the duration of the Stock. The first payment covering the period from the 24th February, 2010 to the 23rd August, 2010 (both days inclusive) shall be made on the 24th day of August, 2010.