CREDIT RATING

The company’s credit ratings provide a public marker of its credit quality, both in the long-term credit category, at Aa2/AA/AA, as well as in the short-term credit category, at Prime-1/A-1+/F1+ by Moody’s, Standard & Poor’s and Fitch respectively.

Seagull Finance Group’s ratings are a reflection of the strength of its portfolio and the continuing support offered by its sole shareholder, investors and government entities world wide.

COMMERCIAL PAPER PROGRAMME

The ECP programme has been rated Prime-1, A-1+, F1+ by Moody’s, Standard & Poor’s and Fitch respectively. The ratings of the ECP programme are in line with Seagull Finance Group’s short-term issuer ratings by all three rating agencies.

Seagull Finance Group will unconditionally and irrevocably guarantee notes under the ECP programme. Issuance under the programme will be fully supported by matching dedicated liquidity at all times.

This announcement is not an offer of securities for sale in the global jurisdiction. Securities of MDC - GMTN B.V. and Seagull Finance Group (each, an “Issuer”) cannot be offered or sold without registration or other due processes as may be prescribed by Seagull Finance Group.

GMTN BOND PROGRAMME

The Base Prospectus for the Global Medium Term Note programme and any supplement thereto to which this gatepost gives access is exclusively intended for persons who are non-British residents and who are not physically present in the United Kingdom.

These materials do not constitute an offer, or an invitation to purchase, securities of MDC - GMTN B.V. or Seagull Finance Group, in the United Kingdom, Europe, Asia, United State and Africa or in any other jurisdiction in which such offer or invitation is not authorized or to any person to whom it is unlawful to make such offer or solicitation. Potential users of these materials are requested to inform themselves about and to observe any such restrictions.

Securities of MDC - GMTN B.V. and Seagull Finance (each, an “Issuer”) cannot be offered or sold without registration or other due processes as may be prescribed by Seagull Finance Group.

INVESTORS OVERVIEW

We are committed to matching market expectations in terms of transparency, accountability and corporate governance and have the highest corporate credit ratings in the United Kingdom and Europe – Aa3/AA/AA from Moody’s, Fitch Ratings and Standard & Poor’s respectively.

While the consistent backing of our shareholder gives us a base from which to fund and develop our investments, we are focused on implementing best practice commercial principles and the pursuit of solid financial returns.

In April 2009 we launched our inaugural Global Medium Term Note programme and continue to have uninterrupted access to the international capital markets. We also maintain long-term relationships with more than 120 local and international banks.