Signum Finance II (60JC)

Dated: 4^th April 2012

NOTICE

THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE
ATTENTION

Signum Finance II Plc (the "Issuer")

Signum Finance II Plc Series 2011-01 EUR 150,000,000 Notes linked to BTPei 2041 Inflation Linked Bonds due 2041 (ISIN: XS0659372980) issued by the Issuer pursuant to the Drawdown Deed dated 6 September 2011 (the "Notes")

The Issuer wishes to announce that it has received Noteholder consent to make the following amendments to (i) the Additional Conditions of the Notes; and (ii) the Global Notes pursuant to a Second Deed of Modification dated 30 March 2012 (the "Second Deed of Modification").

On and after the Modification Effective Date, the Additional Conditions of the Notes and the Global Note shall be read as amended as follows:

1.         All references to "3.2003%" in Additional Condition 3(h) shall be deleted and replaced with "3.2048%" so that Additional Condition 3(h) reads:

"(h)          Margin               3.2133% or following a Rating Trigger Event, 3.2048%.".

2.         The following shall be inserted as Additional Condition 10(i):

"The words "not less than 75% in" in the first sentence of the second paragraph of Condition 15.1 (Meeting of Noteholders) shall be deleted in their entirety and replaced with the words "100% of the outstanding"."

Unless otherwise defined, terms used in this notice shall have the same meanings given to them in the Second Deed of Modification.

This notice is given by the Issuer.

SCHEDULE 1: CONTACT DETAILS

Name:                        Deutsche International Corporate Services (Ireland) Limited

Attention:                    Carmel Naughton, Director / Michael Whelan, Director

Telephone No:             01 6806000

Fax:                           01 6806050

Email:                         carmel.naughton@db.com / michael.whelan@db.com

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.