Singapore legislation

Regulation 2

of Securities and Futures (Market Conduct) (Exemption for Stabilising Action in respect of Dealings in Bonds) (No. 24) Regulations 2005

Regulation 2

Definitions

In these Regulations, unless the context otherwise requires —“2016 Bonds” means the fixed rate bonds due January 2016 issued by the Republic of Indonesia for a principal amount of up to US$900 million;“2035 Bonds” means the fixed rate bonds due October 2035 issued by the Republic of Indonesia for a principal amount of up to US$600 million;“stabilising action” means an action taken in Singapore or elsewhere by Citigroup Global Markets Inc., Credit Suisse First Boston (Europe) Limited and Merrill Lynch, Pierce, Fenner & Smith Incorporated, or any of their related corporations, to buy, or to offer or agree to buy, any of the 2016 Bonds or 2035 Bonds in order to stabilise or maintain the market price of the 2016 Bonds or 2035 Bonds in Singapore or elsewhere.

Definition

“2016 Bonds” means the fixed rate bonds due January 2016 issued by the Republic of Indonesia for a principal amount of up to US$900 million;

Definition

“2035 Bonds” means the fixed rate bonds due October 2035 issued by the Republic of Indonesia for a principal amount of up to US$600 million;

Definition

“stabilising action” means an action taken in Singapore or elsewhere by Citigroup Global Markets Inc., Credit Suisse First Boston (Europe) Limited and Merrill Lynch, Pierce, Fenner & Smith Incorporated, or any of their related corporations, to buy, or to offer or agree to buy, any of the 2016 Bonds or 2035 Bonds in order to stabilise or maintain the market price of the 2016 Bonds or 2035 Bonds in Singapore or elsewhere.