Lake Acqs Limited - NPN Monthly Disclosure

RNS Number : 8140B

Lake Acquisitions Limited

02 November 2009



2 November 2009

Lake Acquisitions Limited

Monthly i nformation s tatement for October 2009

Th e 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 Nucl e ar Output in respect of October 2009: 3.8 TWh

Month A head Price in respect of November 2009 : 38.45 GBP / MWh (1)

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

• Thecontribution to Eligible Nuclear Output figures disclosed in each monthly information statement are preliminary figures. The finalfigure for the Eligible Nuclear Output for the relevant year will be set out in the Payment Calculation Notice,issubject to a cap of 65TWhin any calendar year, and may not be equal to thesum of the contribution to Eligible Nuclear Output figures disclosed in each monthly information statement for the relevantcalendaryear.

• The Month AheadPrice in respect ofNovember2009 is not directly relevant to the Yearly Payment on the CVRs for the year ending31 December 2009, and is given for information only. This is because the Relevant Power Price for the year ending 31 December 2009 is nota function oftheMarket Power Price(being the simple average of the twelve Month Ahead Prices for each calendar month in 2009),but is fixed at80GBP/MWh in 31 December 2008 terms inflated at 2.5 per cent. per annum, being 82 GBP/MWh.

For further details , including in respect of the calculation of the Yearly Payment on the CVRs, please see the prospectus for the Nuclear Power Notes issued by Barclays Bank PLC on 5 November 2008 ( Prospectus ) , and the supplement to the Prospectus 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	01355 846282	(Media Enquiries)
Claire Waymark	020 7759 6034	(Financial Communications)

Note s

(1) 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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