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    Lanark Master Issuer - Notice of Redemption of Notes

    NOTICE OF EARLY REDEMPTION

    Lanark Master Issuer PLC
    (Registered in England and Wales under number 6302751)
    (the "Issuer")

    US$950,000,000 Series 2007-1 Class 3A1 Notes

    (Reg S ISIN: XS0312953861, Rule 144A ISIN: US513770AE79, Common Code: 31295386, CUSIP: G53590 AE8)

    €850,000,000 Series 2007-1 Class 3A2 Notes

    (ISIN: XS0312954083, Common Code: 31295408, CUSIP: G53590 AR9)

    (together, the "Notes")

    NOTICE IS HEREBY GIVEN that all of the outstanding Notes will be redeemed by the Issuer on 22 August 2012 (the "Optional Redemption Date"), pursuant to Condition 5(D) (Optional Redemption in Full) of the Notes. The Notes will be redeemed at their aggregate Redemption Amount together with accrued and unpaid interest to the Optional Redemption Date.

    Lanark Master Issuer PLC
    By: Deutsche Bank Trust Company Americas
    as Registrar


    Dated 25 June 2012

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