What happens at maturity?
You will receive a reminder notice before the Citi Instalment expiry date. At that time you have a number of options. These include:

·          Pay the Final Instalment and costs to receive the Underlying Shares

·          Defer the Final Instalment by rolling into the next series of Citi Instalments

·          Sell the Underlying Parcel to CitiWarrants^®

·          Do nothing. If the Underlying Share is trading above the Final Instalment at closing time on the
           maturity date CitiWarrants will pay you the difference between the Market Value of the Underlying
           Shares and the Final Instalment less costs.

Buying Citi Instalment Warrants

You can purchase Citi Instalments in different ways depending whether you are a:

Investor with funds in cash
Direct Purchase on the ASX
This is the easiest and quickest way to purchase Citi Instalments. Citigroup makes a market in all Citi Instalments by providing buy and sell quotations. In order to trade Instalments you need to complete a Warrant Client Agreement Form obtainable from any stockbroker.
Primary Market: Cash Application
You can apply for Citi Instalments in the primary market by completing the Application form in the Offering Circular and submitting it with payment to your financial planner, broker or directly to Citigroup. You can fix the First Instalment via your stockbroker otherwise the First Instalment will be fixed at the current amount upon receipt of payment.

Shareholder
Shareholder Application
You can convert your current share holdings into Citi Instalments by completing the Application form in the Offering Circular and submitting it to your financial planner, broker or directly to Citigroup. You can fix the Cashback amount via your stockbroker otherwise the Cashback amount will be fixed at the current amount upon receipt of the shares.

Existing Instalment Holder
Rollover Application
At maturity you can rollover your current Instalment holdings into new Citi Instalments by completing the Application form in the Offering Circular and submitting it to your financial planner, broker or directly to Citigroup.

Steps for Citi Instalment Application

Primary Market Application
In order to purchase instalments over the primary market, investors do not need to have a brokerage account. There are different types of application forms depending on your situation.

You can submit your application with payment to your stockbroker, approved financial adviser or directly to CitiWarrants. You can obtain the First Instalment Amount or cash back amount for shareholder applications, through your stockbroker. Alternatively CitiWarrants will fix the First Instalment or cash back amount at the current amount upon receipt of payment.