Information  X 
Enter a valid email address

Zenith Inv. Ld. (32PR)


Tuesday 27 November, 2001

Zenith Inv. Ld.

Written Resolution Passed

Zenith Investments Ld
26 November 2001

(1)   EUR 10,000,000 Secured Floating Rate Callable Notes due November 2005,    
      Series 2001-14 Issued by Zenith Investments Limited (ISIN: XS0131496233)  
      (the 'Notes')

Terms used and not defined herein shall have the same meanings given thereto in 
the terms and conditions of the Notes.

On 20 November 2001, the following was passed as a written resolution (the 
'Written Resolution'):

'The Company may redeem EUR1,500,000 in principal amount of the Notes, being 
those Notes as agreed prior to such redemption between the Company, the Trustee 
and the Noteholders, by delivery of EUR1,500,000 in principal amount of the 
Underlying Assets on 22 November 2001 to an account nominated by all the 
Noteholders and the Trustee is authorised to make such changes to the 
Transaction Documents and to take such actions as may be necessary to bring 
effect to this resolution.'

In the above Written Resolution the Issuer is referred to as the 'Company'.

Pursuant to the terms of the Written Resolution EUR1,500,000 in principal amount
of the Notes were redeemed on 22 November 2001.

Contact:  Hugh Thompson
Telephone: +1 345 945 7100


a d v e r t i s e m e n t