THIS NOTICE IS IMPORTANT AND REQUIRES THE IMMEDIATE ATTENTION OF NOTEHOLDERS. IF NOTEHOLDERS ARE IN ANY DOUBT AS TO THE ACTION THEY SHOULD TAKE, THEY SHOULD SEEK THEIR OWN FINANCIAL AND LEGAL ADVICE, INCLUDING AS TO ANY TAX CONSEQUENCES, IMMEDIATELY FROM THEIR STOCKBROKER, SOLICITOR, ACCOUNTANT OR OTHER INDEPENDENT FINANCIAL OR LEGAL ADVISER.
NOTICE OF RESULTS OF MEETINGS OF THE HOLDERS OF THE
£170,100,000 Mortgage Linked Notes due 2046 (the "Notes")
Rathmount 2006-2 PLC
on 1 September 2006
NOTICE IS HEREBY GIVEN to Noteholders that, at a Meeting of the Noteholders convened by the Notice to Noteholders dated 3 May 2012 (the "Notice of Meeting") and held on 30 May 2012, the Extraordinary Resolution (set out in the Notice of Meeting) was duly passed by the Noteholders in accordance with the provisions of the Trust Deed dated 1 September 2006 made between the Issuer, Rathmount 2006-2 Funding Limited ("Funding") and Capita Trust Company Limited (the "Trustee").
Therefore the proposal (set out in the Notice of Meeting) to amend the required ratings set out in:
(a) Clause 6.8 of the Administration Agreement dated 1 September 2006 and entered into between Paratus AMC Limited (formerly GMAC-RFC Limited) (the "Administrator"), the Issuer, Funding, the Trustee and Capita Trust Company Limited in its capacity as Funding Security Trustee (the "Funding Security Trustee"); and
(b) Clause 1.4 of the Guaranteed Investment Contract dated 1 September 2006 and entered into between Funding, Barclays Bank PLC in its capacity as GIC Provider, the Administrator and the Funding Security Trustee,
will now be effected by way of an amendment deed.
The terms of this Notice and any non-contractual obligations arising out of or in connection with it shall be governed by and construed in accordance with English law.
The Bank of New York Mellon
Debt Restructuring Services
One Canada Square
London E14 5AL
Attention: Debt Restructuring Services
Telephone No.: +44 20 7964 4958
Facsimile No.: +44 20 7964 2536
Account Bank and GIC Provider
Barclays Bank PLC
5 The North Colonnade
London E14 4BB
Tel +44 20 7773 7956
Fax + 44 20 7773 7963
Rathmount 2006-2 PLC
40 Dukes Place