JSE CBN
CBN
CBN - Carbon Credit Notes - Determination Of Cash Equivalent Amount Pending
Delivery Date Under The Carbon Credit Notes Issued By Sterling Waterford
CCN SPV 2 ("The Issuer")
CARBON CREDIT NOTES
ISSUED BY STERLING WATERFORD CCN SPV 2
(Incorporated in Mauritius)
(Registration number 53784c1/GBL)
Share code: CBN & ISIN code: MU0184E06084
DETERMINATION OF CASH EQUIVALENT AMOUNT PENDING DELIVERY DATE UNDER THE CARBON
CREDIT NOTES ISSUED BY STERLING WATERFORD CCN SPV 2 ("THE ISSUER")
Holders of the Issuer`s Carbon Credit Notes are referred to the Offering
Circular issued as of 18 April 2005 and the Declaration Notices sent to Holders`
CSDPs on or about December 11 2007 and are advised that the value of a Carbon
Credit Note at 28 March 2008 (the "Cash Equivalent") has been finally determined
as US$ 24.17.
Accordingly, Holders will receive the Cash Equivalent amount of US$24.17 per
Carbon Credit Note on the Delivery Date (being 17 June 2008).
Johannesburg
21 April 2008
Manager
Sterling Waterford Securities (Proprietary) Limited
Sponsor
Java Capital (Proprietary) Limited
Collateral Escrow Agent
The Standard Bank of South Africa Limited
Trustee
Sentinel International Trust Company (Proprietary) Limited
Date: 21/04/2008 09:00:01 Produced by the JSE SENS Department.
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