Loan Market Association Weekly Pricing summary: Par/Near Par Loans (August 17, 2005)

18 Aug 2005

Borrower	No of	Average	Average	Maturity	Contracted	Rating	Facility	Amount
	quotes	bid	offer	(mm/yy)	margin (Libor+bp)	Moody's	S&P	type	(m)
Belgium
Aliaxis — pro rata	2	99.45	99.68	04/08	E+112.5			TL+RCF	Eu950
Etex Group — pro rata	2	99.33	99.60	04/08	E+112.5			TL+RCF	Eu450
Interbrew — B	2	99.83	99.93	11/05	E+ 70-90			TL+RCF	£998
Bermuda
Bacardi — pro rata	9	99.87	100.00	07/09	85			TL	$2,580
Croatia
Zagrebacka Banka	2	99.80	100.15	04/06	E+65		BBB-	TL	Eu150
Czech Republic
Cesky Telecom	2	99.73	100.08	11/08	E+40			RCF	Eu250
Cesky Telecom	1	N/A	N/A	11/08	E+40			TL	Eu300
Egypt
Banque du Caire	3	99.80	99.93	06/07	70			TL	$120
Banque Misr	3	99.75	99.90	01/07	75			TL	$200
Finland
Nokia — pro rata	3	99.47	99.92	04/06	22.5	A1	A	L/C	$1,750
UPM-Kymmene Corp — B	3	99.42	99.75	07/06	E+ 47.5	Baa1	BBB	TL	Eu500
France
Accor	4	99.28	99.68	10/09	E+30		BBB	RCF	Eu2,000
Auchan	3	99.42	99.63	02/06	E+ 27.5		A	RCF	Eu1,250
Casino Guichard-Perrachon	2	99.35	99.83	03/09	E+40		BBB	RCF	Eu800
Compagnie Financiére Michelin	1	N/A	N/A	10/07	E+35			RCF	Eu1,000
France Télécom	4	99.33	99.48	05/09	E+35			RCF	Eu7,500
Lafarge	4	99.71	99.89	10/09	E+32.50			RCF	Eu1,850
Legrand	3	99.68	100.03	12/09	E+60			RCF	Eu700
Legrand	2	99.88	100.00	12/09	E+60			TL	Eu700
Pernod Ricard — pro rata	7	99.78	99.95	04/12	E+75			TL	Eu1,250
Pinault-Printemps-Redoute	1	N/A	N/A	04/09	E+70			RCF	Eu600
Suez	5	99.54	99.72	05/09	E+27.5			RCF	Eu4,500
Thales	2	99.65	99.93	07/06	E+27.5	A1	A-	RCF	Eu800
Veolia Environnement	3	99.23	99.38	04/12	E+20			RCF	Eu4,000
Vivendi Universal	1	N/A	N/A	04/10	E+28.3			RCF	Eu2,000
Vivendi Universal	1	N/A	N/A	01/07	Not available			TL	$239.54
Germany
Continental	3	99.68	100.09	07/08	E+50	Baa2	BBB+	RCF	Eu1,500
Deutsche Telekom — C	4	99.90	100.02	09/05	E+37.5	A3	A-	RCF	Eu2,000
Deutsche Telekom — ...