Third party asset-backed commercial paper update report

unknown

The institutional investors in third party asset-backed commercial paper (“Third Party ABCP”) who are Signatories to the August 16th announcement about a proposed solution to the liquidity problem in the structured finance ABCP market are pleased to report that Ernst & Young Inc. has advised that holders of 74.54% of the outstanding Third Party ABCP have signed agreements or acknowledgements indicating their support for the August 16th announcement. Of the Third Party ABCP conduits listed in Annex A hereto that are currently the subject of the interim arrangements, the level of support is in excess of 66 2/3% for 18 conduits and between 50% and 66 2/3% for three conduits. Investors who seek further details and who wish to indicate their support for the August 16th announcement can do so by accessing Ernst & Young’s dedicated web site at www.ey.com/ca/commercialpaper and completing a noteholder acknowledgement in the form posted on the web site. Annex A Third Party ABCP Conduits Apollo Trust Apsley Trust Aria Trust Aurora Trust Comet Trust Devonshire Trust Encore Trust Gemini Trust Ironstone Trust MMAI-I Trust Newshore Canadian Trust Opus Trust Planet Trust Rocket Trust Selkirk Funding Trust Silverstone Trust Skeena Capital Trust SLATE Trust Structured Asset Trust Structured Investment Trust III Symphony Trust Whitehall Trust false false false