A: Registration: Reg S Only; Comments: Placed;
B: Registration: Reg S Only;
C: Registration: Reg S Only;
Sub: Registration: Reg S Only;
Originator(s)
Close Brothers Ltd
Risk Retention
The Seller, as "originator" for the purposes of the UK Securitisation Regulation, will retain, on an ongoing basis, a material net economic interest of not less than 5% in the securitisation in accordance with Article 6(1) of the UK Securitisation Regulation by retaining the first loss tranche so that the retention equals in total not less than 5 % of the nominal value of the securitised exposures in accordance with Article 6(3)(d) of the UK Securitisation Regulation. Any change in the manner in which the interest is held will be notified to the Noteholders