Leggett Enterprises

INSTRUMENTS DESCRIPTION:



INSTRUMENT : MTN / MEDIUM TERM NOTES

TERM : 10 YEAR AND 1 DAY

INTEREST RATE : 7.5% PAYABLE ANNUALLY IN ARREARS

AGE : SEASONED, UNRESTRICTED, FREELY TRADEABLE

INVOICE PRICE : 70% (OR BETTER) OF FACE VALUE

COMMISSIONS : 1% OF FACE VALUE

CURRENCY : EUR

ISSUING BANKS : TOP 25 WESTERN EUROPEAN BANKS RATING �AA� OR BETTER, NORMAL EXCLUSIONS

RATING : 'AA' OR BETTER BY STANDARD & POOR

CONTACT AMOUNT : FIFTY BILLION WITH ROLLS AND EXTENSIONS

FIRST TRANCHE : FIVE HUNDRED MILLION

SUBSEQUENT TRANCHE : ONE BILLION OR AS AGREED

SCREENING : EUROCLEAR

MODE OF PAYMENT : EUROCLEAR OR SWIFT WIRE TRANSFER

SETTLEMENT : BANK-TO-BANK / EUROCLEAR (DVP, VBP)