The Accountant General has announced the issue of €100 million government stocks subject to an over-allotment option of an additional sum of €50 million on August 4 as follows:

(i) 5.1 per cent Malta Government Stock 2014 (III) (Fungibility Issue), or

(ii) 5 per cent Malta Government Stock 2021 (I) (Fungibility Issue), or

(iii) any combination of the above two stocks for an aggregate of €100 million.

The price for each stock shall be established three days before the opening of applications. Such price shall be announced to the Malta Stock Exchange and published in the daily newspapers and through the Department of Information.

The issue closes at the following time and dates or earlier, at the discretion of the Accountant General:

(i) at 5 p.m. on August 6, for any single and/or joint applications which in the aggregate do not exceed €100,000 per person, and

(ii) at 12 noon on August 8, for applications in the form of sealed bids (auction). The allotment results of each stock to applicants whose applications are in the form of sealed bids (auction) will be determined and announced within two hours after the closing time of applications by auction.

More information on the stocks is found in their respective prospectus and on the Treasury website www.treasury.gov.mt.

Application forms may be obtained from and lodged at all members of the Malta Stock Exchange and other authorised investment service providers.