| Total Loan Amount | Lei 60,000,000 |
| Financial Advisor | VMB Partners SA |
| Loan Characteristics | Bond issued in 3 series |
| Contracting Date | 2006 |
| Financial Mechanism Period | 20 years |
| Local Loan Authorization Commission Opinion | Decision No 295 of 24.03.2006 |
| Bonds | |
| Type of Bonds | Nominative, dematerialized |
| Intermediary | BCR Securities SA |
| Selling Group | Banca Comerciala Romana |
| Issue Guarantee | Own revenue |
| Regulated exchange where the issue is listed | Bucharest Stock Exchange |
| Total Bond Maturity | 20 years |
| Interest Rate | [(ROBID6M+ROBOR6M)] + 1.43 % per year |
| Total number of bonds issued | 60,000 |
| Nominal value at issue | 100 Lei / bond |
| Selling Price | 100 Lei / bond |
| Total value | Lei 60,000,000 |
| Investments made with the funds obtained from the loan | County Roads Upgrade & Refurbishment |
Further information on the public offer can be found in the prospectuses:
Series 1:
| Issue Value | Lei 15,000,000 |
| CNVM authorization of the Public Offer Prospectus | Decision No 2240 of 24.08.2006 |
| Maturity | 20 years |
| Subscription Period | from 05.09.2006 to 11.09.2008 |
| The stock exchange symbol under which the bonds are traded | HUE26 |
| Selling Price | 100 Lei/bond |
| Total Value | Lei 15,000,000 |
Series 2:
| Issue Value | Lei 13,500,000 |
| CNVM authorization of the Public Offer Prospectus | Decision No 3585 of 15.12.2006 |
| Maturity | 20 years |
| Subscription Period | from 03.01.2007 to 09.01.2007 |
| The stock exchange symbol under which the bonds are traded | HUE26A |
| Selling Price | 100 Lei/bond |
| Total Value | Lei 13,500,000 |
Series 3:
| Issue Value | Lei 31,500,000 |
| CNVM authorization of the Public Offer Prospectus | Decision No 927 of 14.06.2007 |
| Maturity | 19 years |
| Subscription Period | from 22.05.2008 to 28.05.2008 |
| The stock exchange symbol under which the bonds are traded | HUE26B |
| Selling Price | 100 Lei/bond |
| Total Value | Lei 31,500,000 |
