Lake Acqs Limited NPN Monthly Disclosure

  Lake Acqs Limited - NPN Monthly Disclosure

RNS Number : 1371Q
Lake Acquisitions Limited
01 November 2012
 



1 November 2012

Lake Acquisitions Limited

Monthly information statement for October 2012

The following information is provided  by Lake Acquisitions Limited as  issuer 
of the CVRs to which the Nuclear Power Notes are linked, for the sole  purpose 
of satisfying the conditions for admission  of the Nuclear Power Notes to  the 
PLUS-quoted market.

Contribution to Eligible Nuclear Output in respect of October 2012:  4.9 TWh
^(1)

Month Ahead Price in respect of November 2012:  48.79 GBP/MWh ^(2)

Investors should note that for the purposes of calculating the Yearly  Payment 
on the CVRs:

·   The  contribution to  Eligible Nuclear  Output figures  disclosed in  each 
monthly information statement  are preliminary figures.  The final figure  for 
the Eligible Nuclear  Output for  the relevant  year will  be set  out in  the 
Payment Calculation Notice, is subject to a cap of 65TWh in any calendar year,
and may not be equal to the sum of the contribution to Eligible Nuclear Output
figures disclosed  in  each monthly  information  statement for  the  relevant 
calendar year.

For further details,  including in respect  of the calculation  of the  Yearly 
Payment on the CVRs, please see the Terms and Conditions of the Nuclear  Power 
Notes and the Terms and Conditions of the  CVRs which are set out on pages  65 
to 120 of the prospectus for the  Nuclear Power Notes issued by Barclays  Bank 
PLC on  5 November  2008 (Prospectus).   A supplement  to the  Prospectus  was 
issued by Barclays Bank PLC on 10 February 2009.  

In this announcement, capitalised terms that are not defined have the  meaning 
set out in the Prospectus.

Contacts:

Sue Fletcher   01452 652233  (Media Enquiries)
Davina Ferrier 020 3126 2585 (Financial Communications)

Notes

(1)  This figure is rounded

(2)  Source - ICIS Heren European Daily Electricity Markets

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
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MSCEALFFESSAFFF -0- Nov/01/2012 14:59 GMT