2019052401

Credit Event

Rallye SA

Auction Timeline

Common Event Determination Date: May 24, 2019

Auction Date: June 27, 2019

Auction Settlement Date: July 2, 2019

Settlement Terms

Auction in respect of 2014 Transactions and Updated 2003 Transactions

2019 Rallye Auction Settlement Terms

2019 Rallye Auction Settlement Terms blacklined DRAFT 2019 Rallye Auction Settlement Terms

DC Decision June 17, 2019

EMEA DC Statement June 17, 2019:

Further to the publication of the Auction Settlement Terms in relation to Rallye on Monday 17 June 2019, market participants should note the timing of the following auction/settlement-related key events/deadlines:

5:00 p.m. London time on Tuesday 18 June 2019: deadline for any market participant who wishes to participate in the Rallye Auction to submit a Participating Bidder Letter to the DC Secretary.

5:00 p.m. London time on Wednesday 26 June 2019: deadline for submission of Customer Physical Settlement Requests to the relevant Participating Bidder.

Thursday 27 June 2019: Auction Date.

4:00 p.m. London time on Friday 28 June 2019: deadline for Buyers to deliver Notices of Physical Settlement to Sellers in respect of any Representative Auction-Settled Transactions.

Tuesday 2 July 2019: Auction Settlement Date.

4:00 p.m. London time Monday 15 July 2019: deadline for Sellers to deliver Notices of Physical Settlement to Buyers in respect of any Representative Auction-Settled Transactions.

Tuesday 27 August 2019: Physical Settlement Date in respect of any Representative Auction-Settled Transactions.

Deliverable Obligations

Auction in respect of 2014 Transactions and Updated 2003 Transactions

Final List

Initial List

Supplemental List

Timetable for publication of Final List:

Friday 7 June 2019: publication of Initial List.

5:00 p.m. London time Monday 10 June 2019: deadline for submitting additional potential Deliverable Obligations to the DC Secretary for inclusion on the Supplemental List. Please see Submission of Potential Deliverable Obligations and Challenges Note below for further information on making such a submission.

Monday 10 June 2019: publication of the Supplemental List.

5:00 p.m. London time Thursday 13 June 2019: deadline for challenging obligations on the Supplemental List. Please see Submission of Potential Deliverable Obligations and Challenges Note below for further information on making such a challenge.

5:00 p.m. London time Monday 17 June 2019: if applicable, deadline for resolving challenges.

After 5:00 p.m. London time on Monday 17 June 2019 (or earlier if no challenges received): publication of the Final List.

Submission of Potential Deliverable Obligations and Challenges

List of Participating Bidders

Auction in respect of 2014 Transactions and Updated 2003 Transactions

List of Participating Bidders