91AG Perm.mast.1 42

TIDM91AG

RNS Number : 0262J

Permanent Master Issuer PLC

23 June 2011

PERMANENT MASTER ISSUER PLC

(the "Master Issuer")

(Incorporated as a public limited company in England and Wales

with registered number 5922774)

NOTICE OF RESULTS OF MEETINGS

In respect of a meeting (the "First Meeting") of the holders of the:

2006-1 Series 4 Class A2 EUR1,750,000,000 Residential Mortgage Backed Notes due 2033 (ISIN: XS0270510653)

2006-1 Series 5 Class A $1,500,000,000 Residential Mortgage Backed Notes due 2033 (ISIN: US71419GAG55; CUSIP: 71419GAG5)

2006-1 Series 6 Class A1 GBP500,000,000 Residential Mortgage Backed Notes due 2020 (ISIN: XS0270511628)

2006-1 Series 6 Class A2 GBP600,000,000 Residential Mortgage Backed Notes due 2020 (ISIN: XS0270512279)

2007-1 Series 3 Class A EUR1,500,000,000 Residential Mortgage Backed Notes due 2033 (ISIN: XS0288090342)

2007-1 Series 4 Class A $1,350,000,000 Residential Mortgage Backed Notes due 2033 (ISIN: US71419GAL41; CUSIP: 71419GAL4)

2007-1 Series 5 Class A GBP650,000,000 Residential Mortgage Backed Notes due 2033 (ISIN: XS0288093957)

2008-2 Class A GBP500,000,000 Residential Mortgage Backed Notes due 2014 (ISIN: XS0365842466)

2009-1 Series 1 Class A GBP1,650,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0454741272)

2009-1 Series 2 Class A GBP1,650,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0454744375)

2009-1 Series 3 Class A EUR750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0454744458)

2010-1 Series 1 Class A $1,000,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703789; US71419GAP54; CUSIP: 71419GAP5)

2010-1 Series 2 Class A1 GBP200,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703359)

2010-1 Series 2 Class A2 EUR750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703516)

2010-1 Series 3 Class A GBP600,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703433)

2010-1 Series 4 Class A GBP400,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703862)

2010-2 Series 1 Class A $750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520953877)

2010-2 Series 2 Class A $750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520953950)

2010-2 Series 3 Class A $750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520954255)

2010-2 Series 4 Class A $750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520954412)

2010-2 Series 5 Class A GBP500,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520954768)

2011-1 Series 1 Class A1 $2,600,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0618260920; US71419GAQ38; CUSIP: 71419GAQ3)

2011-1 Series 1 Class A2 GBP400,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0617232425)

2011-1 Series 1 Class A3 EUR900,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0617235360; XS0617234801)

2011-1 Series 2 Class A1 EUR200,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0617235873; XS0617235790)

2011-1 Series 2 Class A2 GBP200,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0617235956)

2011-1 Series 2 Class A3 GBP500,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0617236251)

(together, the "Existing Class A Noteholders" and the "Existing Class A Notes" respectively)

In respect of a meeting (the "Second Meeting") of the holders of the:

2006-1 Series 4 Class B EUR129,300,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0270510810)

2007-1 Series 4 Class B GBP41,300,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0288100836)

(together, the "Existing Class B Noteholders" and the "Existing Class B Notes" respectively)

In respect of a meeting (the "Third Meeting") of the holders of the:

2006-1 Series 4 Class C EUR129300,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0270511115)

2007-1 Series 4 Class C GBP41,300,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0288104408)

(together, the "Existing Class C Noteholders" and the "Existing Class C Notes" respectively)

together, the Existing Class A Noteholders, the Existing Class B Noteholders and the Existing Class C Noteholders are referred to as the "Existing Noteholders"; together, the Existing Class A Notes, the Existing Class B Notes and the Existing Class C Notes are referred to as the "Existing Notes")

In respect of a meeting (the "Fourth Meeting") of the holders of the:

2009-1 Series 1 Class A GBP1,650,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0454741272)

2009-1 Series 2 Class A GBP1,650,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0454744375)

2009-1 Series 3 Class A EUR750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0454744458),

(together, the "2009-1 Class A Noteholders" and the "2009-1 Class A Notes" respectively)

In respect of a meeting (the "Fifth Meeting") of the holders of the:

2010-1 Series 1 Class A $1,000,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703789; US71419GAP54; CUSIP: 71419GAP5)

2010-1 Series 2 Class A1 GBP200,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703359)

2010-1 Series 2 Class A2 EUR750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703516)

2010-1 Series 3 Class A GBP600,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703433)

2010-1 Series 4 Class A GBP400,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0484703862)

(together, the "2010-1 Class A Noteholders" and the "2010-1 Class A Notes" respectively)

In respect of a meeting (the "Sixth Meeting") of the holders of the:

2010-2 Series 1 Class A $750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520953877)

2010-2 Series 2 Class A $750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520953950)

2010-2 Series 3 Class A $750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520954255)

2010-2 Series 4 Class A $750,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520954412)

2010-2 Series 5 Class A GBP500,000,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0520954768)

(together, the "2010-2 Class A Noteholders" and the "2010-2 Class A Notes" respectively)

In respect of a meeting (the "Seventh Meeting") of the holders of the

2006-1 Series 4 Class A2 EUR1,750,000,000 Residential Mortgage Backed Notes due 2033 (ISIN: XS0270510653)

(the "2006-1 Series 4 Class A2 Noteholders" and the "2006-1 Series 4 Class A2 Notes" respectively)

In respect of a meeting (the "Eighth Meeting") of the holders of the:

2006-1 Series 5 Class A $1,500,000,000 Residential Mortgage Backed Notes due 2033 (ISIN: US71419GAG55; CUSIP: 71419GAG5)

(the "2006-1 Series 5 Class A Noteholders" and the "2006-1 Series 5 Class A Notes" respectively)

In respect of a meeting (the "Ninth Meeting") of the holders of the:

2007-1 Series 3 Class A EUR1,500,000,000 Residential Mortgage Backed Notes due 2033 (ISIN: XS0288090342)

(the "2007-1 Series 3 Class A Noteholders" and the "2007-1 Series 3 Class A Notes" respectively)

In respect of a meeting (the "Tenth Meeting") of the holders of the:

2007-1 Series 4 Class A $1,350,000,000 Residential Mortgage Backed Notes due 2033 (ISIN: US71419GAL41; CUSIP: 71419GAL4)

(the "2007-1 Series 4 Class A Noteholders" and the "2007-1 Series 4 Class A Notes" respectively)

In respect of a meeting (the "Eleventh Meeting") of the holders of the:

2006-1 Series 4 Class B EUR129,300,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0270510810)

(the "2006-1 Series 4 Class B Noteholders" and the "2006-1 Series 4 Class B Notes" respectively)

In respect of a meeting (the "Twelfth Meeting") of the holders of the:

2006-1 Series 4 Class C EUR129,300,000 Residential Mortgage Backed Notes due 2042 (ISIN: XS0270511115)

(the "2006-1 Series 4 Class C Noteholders" and the "2006-1 Series 4 Class C Notes" respectively)

each convened on 22 June 2011

at

the offices of Allen & Overy LLP, One Bishops Square, London E1 6AD.

Results of the First Meeting

NOTICE IS HEREBY GIVEN to the Existing Class A Noteholders that, at the First Meeting, the First Extraordinary Resolution (as defined in the Notice) set out in such Notice was duly passed.

Accordingly, but subject to the passing of (i) the First Extraordinary Resolution by the Existing Class B Noteholders and the Existing Class C Noteholders at separate adjourned meetings of each of the Existing Class B Noteholders and the Existing Class C Noteholders and (ii) an extraordinary resolution which is substantially similar to the First Extraordinary Resolution (the Permanent 6 Extraordinary Resolution) by the holders of the Series 5 Class B Residential Mortgage Backed Notes due 2042 (ISIN XS0205327777) issued by Permanent Financing (No. 6) PLC (the Permanent 6 Class B Noteholders) at an adjourned meeting of the Permanent 6 Class B Noteholders, or the other conditions set out in the First Extraordinary Resolution being fulfilled, the modifications referred to in the First Extraordinary Resolution will be implemented with effect on and from 15 July, 2011.

The First Extraordinary Resolution was not passed at the Second Meeting by the Existing Class B Noteholders and at the Third Meeting by the Existing Class C Noteholders as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes then outstanding to be held or represented at such Meetings) was not met at the Second Meeting and the Third Meeting (respectively). At any adjournment of such Meetings, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes then outstanding so held or represented. The relevant adjourned Meetings are due to be held on 7 July 2011.

The Permanent 6 Extraordinary Resolution was not passed at a meeting of the Permanent 6 Class B Noteholders (the Permanent 6 Meeting) as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes to be held or represented at such Meeting) was not met at the Permanent 6 Meeting. At any adjournment of the Permanent 6 Meeting, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes so held or represented. The adjourned Permanent 6 Meeting is due to be held on 7 July 2011.

Results of the Second Meeting and the Third Meeting

NOTICE IS HEREBY GIVEN to the Existing Class B Noteholders and the Existing Class C Noteholders that, at separate meetings of the Existing Class B Noteholders and the Existing Class C Noteholders, the First Extraordinary Resolution (as defined in the Notice) set out in such Notice was not passed.

The First Extraordinary Resolution was not passed at the Second Meeting by the Existing Class B Noteholders and at the Third Meeting by the Existing Class C Noteholders as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes then outstanding to be held or represented at such Meetings) was not met at the Second Meeting and the Third Meeting (respectively). At any adjournment of such Meetings, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes then outstanding so held or represented. The relevant adjourned Meetings are due to be held on 7 July 2011 and the Existing Class B Noteholders and the Existing Class C Noteholders should consider the Notice of Adjourned Meetings issued by the Master Issuer on the date hereof for further details.

Results of the Fourth Meeting, Fifth Meeting and the Sixth Meeting

NOTICE IS HEREBY GIVEN to the 2009-1 Class A Noteholders, the 2010-1 Class A Noteholders and the 2010-2 Class A Noteholders that, at separate meetings of each of the 2009-1 Class A Noteholders, the 2010-1 Class A Noteholders and the 2010-2 Class A Noteholders, the Second Extraordinary Resolution (as defined in the Notice) set out in such Notice was duly passed.

Accordingly, but subject to the passing of (i) the First Extraordinary Resolution by the Existing Class B Noteholder and the Existing Class C Noteholders at separate adjourned meetings of each of the Existing Class B Noteholders and the Existing Class C Noteholders and (ii) the Permanent 6 Extraordinary Resolution by the Permanent 6 Class B Noteholders at an adjourned meeting of the Permanent 6 Class B Noteholders, or the other conditions set out in the Second Extraordinary Resolution being fulfilled, the modifications referred to in the Second Extraordinary Resolution will be implemented with effect on and from 15 July, 2011.

The First Extraordinary Resolution was not passed at the Second Meeting by the Existing Class B Noteholders and at the Third Meeting by the Existing Class C Noteholders as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes then outstanding to be held or represented at such Meetings) was not met at the Second Meeting and the Third Meeting (respectively). At any adjournment of such Meetings, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes then outstanding so held or represented. The relevant adjourned Meetings are due to be held on 7 July 2011.

The Permanent 6 Extraordinary Resolution was not passed at the Permanent 6 Meeting as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes be held or represented at such Meeting) was not met at the Permanent 6 Meeting. At any adjournment of the Permanent 6 Meeting, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes so held or represented. The adjourned Permanent 6 Meeting is due to be held on 7 July 2011.

Results of the Seventh Meeting, the Eighth Meeting and the Tenth Meeting

NOTICE IS HEREBY GIVEN to the 2006-1 Series 4 Class A2 Noteholders, the 2006-1 Series 5 Class A Noteholders and the 2007-1 Series 4 Class A Noteholders that at separate meetings of each of the 2006-1 Series 4 Class A2 Noteholders, the 2006-1 Series 5 Class A Noteholders and the 2007-1 Series 4 Class A Noteholders, the Third Extraordinary Resolution (as defined in the Notice) set out in such Notice was duly passed.

Accordingly, but subject to the passing of (i) the First Extraordinary Resolution by the Existing Class B Noteholders and Existing Class C Noteholders at separate adjourned meetings of each of the Existing Class B Noteholders and the Existing Class C Noteholders and (ii) the Permanent 6 Extraordinary Resolution by the Permanent 6 Class B Noteholders at an adjourned meeting of the Permanent 6 Class B Noteholders, or the other conditions set out in the Third Extraordinary Resolution being fulfilled, the modifications referred to in the Third Extraordinary Resolution will be implemented with effect on and from 15 July, 2011.

The First Extraordinary Resolution was not passed at the Second Meeting by the Existing Class B Noteholders and at the Third Meeting by the Existing Class C Noteholders as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes then outstanding to be held or represented at such Meetings) was not met at the Second Meeting and the Third Meeting (respectively). At any adjournment of such Meetings, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes then outstanding so held or represented. The relevant adjourned Meetings are due to be held on 7 July 2011.

The Permanent 6 Extraordinary Resolution was not passed at the Permanent 6 Meeting as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes be held or represented at such Meeting) was not met at the Permanent 6 Meeting. At any adjournment of the Permanent 6 Meeting, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes so held or represented. The adjourned Permanent 6 Meeting is due to be held on 7 July 2011.

Results of the Ninth Meeting

NOTICE IS HEREBY GIVEN to the 2007-1 Series 3 Class A Noteholders that, at the Ninth Meeting, the Third Extraordinary Resolution (as defined in the Notice) set out in such Notice was not passed.

The Third Extraordinary Resolution was not passed at the Ninth Meeting by the 2007-1 Series 3 Class A Noteholders as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes then outstanding to be held or represented at such Meeting) was not met. At any adjournment of such Meeting, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes then outstanding so held or represented. The relevant adjourned Meeting is due to be held on 7 July 2011 and the 2007-1 Series 3 Class A Noteholders should consider the Notice of Adjourned Meetings issued by the Master Issuer on the date hereof for further details.

Results of the Eleventh Meeting

NOTICE IS HEREBY GIVEN to the 2006-1 Series 4 Class B Noteholders that, at the Eleventh Meeting, the Third Extraordinary Resolution (as defined in the Notice) set out in such Notice was not passed.

The Third Extraordinary Resolution was not passed at the Eleventh Meeting by the 2006-1 Series 4 Class B Noteholders as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes then outstanding to be held or represented at such Meeting) was not met. At any adjournment of such Meeting, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes then outstanding so held or represented. The relevant adjourned Meeting is due to be held on 7 July 2011 and the 2006-1 Series 4 Class B Noteholders should consider the Notice of Adjourned Meetings issued by the Master Issuer on the date hereof for further details.

Results of the Twelfth Meeting

NOTICE IS HEREBY GIVEN to the 2006-1 Series 4 Class C Noteholders that, at the Twelfth Meeting, the Third Extraordinary Resolution (as defined in the Notice) set out in such Notice was not passed.

The Third Extraordinary Resolution was not passed at the Twelfth Meeting by the 2006-1 Series 4 Class C Noteholders as a quorum requirement (which required a particular aggregate Principal Amount Outstanding of such Notes then outstanding to be held or represented at such Meeting) was not met. At any adjournment of such Meeting, the quorum required shall be only two or more persons being or representing relevant Noteholders, whatever the aggregate Principal Amount Outstanding of such Notes then outstanding so held or represented. The relevant adjourned Meeting is due to be held on 7 July 2011 and the 2006-1 Series 4 Class C Noteholders should consider the Notice of Adjourned Meetings issued by the Master Issuer on the date hereof for further details.

This Notice is given by

Permanent Master Issuer PLC

35 Great St Helen's

London EC3A 6AP

Dated 23 June 2011.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ROMKMGZVKFFGMZM