WORLEY LIMITED — Major Shareholding Notification 2015

May 14, 2015

MITSUBISHI-UFJ FINANCIAL GROUP

$\sim$ $\sim$

FACSIMILE TRANSMISSION HEADER

DATE OF MESSAGE: 5/15/2015	MESSAGE NO:	NUMBER OF PAGES INCLUDING COVER PAGE: 9
TO: ASX Market Announcements Office FAX NO. ( 61 ) 2 9347 0005		cc:
FROM: MITSUBISHI-UFJ FINANCIAL GROUP	Corporate Administration Department (Attn: YOSHIDA)	FAX NO. 81-3-6214-6367 TEL NO 81-3-6214-6626
RE: Submission of FORM 605

We hereby submit Form 605 as attached.

Best regards,

Yasutoshi Yoshida TEL: 81-3-6214-6626 e-mail: yasutoshi_yoshida@hd.mufg.jp

This fax message contains confidential and/or personal information, which should not be read by a person other than the specified addressee, disclosed or copicd. If you have received this fax in error, please contact the number indicated.

$\begin{array}{r} \textbf{Form 605} \ \textbf{Corportions Act 2001} \ \textbf{Section 671B} \end{array}$

Notice of ceasing to be a substantial holder

To Company Name/Scheme		WORLEYPARSONS LIMITED
ACN/ARSN	096 090 158
1. Details of substantial holder (1)
Name		Mitsubishi UFJ Financial Group, Inc.
ACN/ARSN (if applicable)	Not Applicable
The holder ceased to be a
substantial holder on		7 May 2015
The previous notice was given to the company on		7 May, 2015
The previous notice was dated		30 April 2015
The holder became aware on		13 May 2015

2. Changes In relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of Securities affected	Person's votes affected
1 May 2015	Mitsubishi UFJ Financial Group, Inc.	Sale of shares by an entity controlled by Morgan Stanley	11.4758	$-86,436$ Ordinary Shares	$-86.436$
1 May 2015	Mitsubishi UFJ Financial Group, Inc.	Borrow returned to an entity controlled by Morgan Stanley (see Annexure A)	N/A	-25,761 Ordinary Shares	-25,761
1 May 2015	Mitsubishi UFJ Financial Group, Inc.	Borrow returned to an entity controlled by Morgan Stanley (see Annexure A)	N/A	$-103,515$ Ordinary Shares	$-103,515$
4 May 2015	Mitsubishi UFJ Financial Group, Inc.	Purchase of shares by an entity controlled by Morgan Stanley	8.0387 (ADR - in USD)	195 American Depositary Receipts	195
4 May 2015	Mitsubishi UFJ Financial Group, Inc.	Purchase of shares by an entity controlled by Morgan Stanley	10.3160	410,872 Ordinary Shares	410,872
4 May 2015	Mitsubishi UFJ Financial Group, Inc.	Purchase of shares by an entity controlled by Morgan Stanley	10.3452	150,201 Ordinary Shares	150,201
4 May 2015	Mitsubishi UFJ Financial Group, Inc.	Sale of shares by an entity controlled by Morgan Stanley	11.4460	-82,358 Ordinary Shares	$-82.358$
4 May 2015	Mitsubishi UFJ Financial Group, Inc.	Borrow returned to an entity controlled by Morgan Stanley (see Annexure A)	N/A	-7,703 Ordinary Shares	$-7,703$
4 May 2015	Mitsubishi UFJ Financial Group, Inc.	Borrow returned	N/A	-126,482 Ordinary	$-126,482$

		to an entity		Shares
		controlled by
		Morgan Stanley (see Annexure
		A)
	Mitsubishi UFJ Financial Group, Inc.	Purchase of
		shares by an			1,062
5 May 2015		entity controlled	10.3000	1,062 Ordinary Shares
		by Morgan Stanley
	Mitsubishi UFJ Financial Group, Inc.	Sale of shares
		by an entity		-7,599 Ordinary Shares	-7599
5 May 2015		controlled by	11.4910
	Mitsubishi UFJ Financial Group, Inc.	Morgan Stanley Purchase of
		shares by an		200 American
5 May 2015		entity controlled	8.0052 (ADR - in USD)	Depositary Receipts	200
		by Morgan Stanley
	Mitsubishi UFJ Financial Group, Inc.	Purchase of
		shares by an		111,246 Ordinary
5 May 2015		entity controlled	10.1836	Shares	111,246
		by Morgan
	Mitsubishi UFJ Financial Group, Inc.	Stanley Purchase of
		shares by an		342,571 Ordinary
5 May 2015		entity controlled	10.2029	Shares	342,571
		by Morgan Stanley
	Mitsubishi UFJ Financial Group, Inc.	Sale of shares
		by an entity		-13,000 Ordinary	$-13,000$
5 May 2015		controlled by	11.4725	Shares
	Mitsubishi UFJ Financial Group, Inc.	Morgan Stanley Borrow returned
		to an entity
		controlled by	N/A	$-15,041$ Ordinary	$-15.041$
5 May 2015		Morgan Stanley (see Annexure		Shares
		A)
	Mitsubishi UFJ Financial Group, Inc.	Borrow returned
		to an entity		-27,078 Ordinary
5 May 2015		controlled by Morgan Stanley	N/A	Shares	$-27,078$
		(see Annexure
		A)
	Mitsubishi UFJ Financial Group, Inc.	Purchase of shares by an
6 May 2015		entity controlled	10.2924	2,357 Ordinary Shares	2,357
		by Morgan
		Stanley Purchase of
	Mitsubishi UFJ Financial Group, Inc.	shares by an
6 May 2015		entity controlled	10.2612	141,996 Ordinary Shares	141,996
		by Morgan
		Stanley Purchase of
	Mitsubishi UFJ Financial Group, Inc.	shares by an		35,338 Ordinary
6 May 2015		entity controlled	10,2507	Shares	35,338
		by Morgan Stanley
	Mitsubishi UFJ Financial Group, Inc.	Borrow returned
		to an entity
6 May 2015		controlled by	N/A	-23,243 Ordinary Shares	$-23,243$
		Morgan Stanley (see Annexure
		A)
	Mitsubishi UFJ Financial Group, Inc.	Borrow returned
		to an entity controlled by		-32 942 Ordinary
6 May 2015		Morgan Stanley	N/A	Shares	$-32,942$
		(see Annexure
		A) Purchase of
	Mitsubishi UFJ Financial Group, Inc.	shares by an
7 May 2015		entity controlled	7.9133 (ADR - in USD)	15 American Depositary Receipts	15
		by Morgan
	Mitsubishi UFJ Financial Group, Inc.	Stanley Purchase of
		shares by an		107,131 Ordinary
7 May 2015		entity controlled	10.0866	Shares	107,131
		by Morgan Stanley

7 May 2015	Mitsubishi UFJ Financial Group, Inc.	Purchase of shares by an entity controlled by Morgan Stanley	10.0300	1,282 Ordinary Shares	1.282
7 May 2015	Mitsubishi UFJ Financial Group, Inc.	Sale of shares by an entity controlled by Morgan Stanley	10.3722	-134,912 Ordinary Shares	$-134,912$
7 May 2015	Mitsubishi UFJ Financial Group, Inc.	Borrow returned to an entity controlled by Morgan Stanley (see Annexure A)	N/A	-163,274 Ordinary Shares	$-163.274$
7 May 2015	Mitsubishi UFJ Financial Group, Inc.	Borrow returned to an entity controlled by Morgan Stanley (see Annexure A)	N/A	-289,625 Ordinary Shares	-289,625
7 May 2015	Mitsubishi UFJ Financial Group, Inc.	Purchase of shares by an entity controlled by Morgan Stanley	10.0800	1,500 Ordinary Shares	1.500
7 May 2015	Mitsubishi UFJ Financial Group, Inc.	Transfer in by an entity controlled by Morgan Stanley - see Annexure А	N/A	-498,911 Ordinary Shares	-498,911

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

. . ___ Name and ACN/ARSN (if applicable)	Nature of association ---------------
Not applicable	Not applicable

4. Addresses

The addresses of persons named in this form are as follows:

Mitsubishi UFJ Financial Group, Inc.	2-7-1, Marunouchi, Chiyoda-ku, Tokyo 100-8330, Japan
	Address

Signature

	print name Mr Masaya Fujimoto	capacity	Authorised Signatory
sign here	ren i	date	15 May 2015

ANNEXURE "A"

This is Annexure "A" of 5 pages referred to in the Form 605 (Notice of Ceasing to be a Substantial Holder), signed by me and dated 15 May 2015.

Signed: Mr. Masava Fullmoto

Schedule	Master Securities Loan Agreement
Type of Agreement
Parties to agreement	Morgan Stanley & Co. LLC, MS Securities Services Inc. and The Northern Trust Company
Transfer Date	20150326 20150324 20150312; 20150313; 20150317; 20150330; 20150401; 20150423; 20150428;
Holder of Voting Rights	Borrower
Are there any restrictions on voting rights?	Yee/No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	YesAlo
	If yes, detail Either party may terminate a Loan on a termination date established by notice given to the other party prior to the Close of Pucipecs on a Business Day. The termination date established by a termination notice shall be a date no earlier than the standard

settlement date that would apply to a purchase or sale of the Loaned Securities (in the case of a notice given by Lender) or the noncash Collateral securing the Loan (in the case of a notice given by Borrower) entered into at the time of such notice, which date shall, unless Borrower and Lender agree to the contrary, be the third Business Day following such notice.

.
Does the lender have the right to recall early?	Yes/No

If yes, detail Either party may terminate a Loan on a termination date established by notice given to the other party prior to the Close of Business on a Business Day. The termination date established by a termination notice shall be a date no earlier than the standard settlement date that would apply to a purchase or sale of the Loaned Securities (in the case of a notice given by Lender) or the noncash Collateral securing the Loan (in the case of a notice given by Borrower) entered into at the time of such notice, which date shall, unless Borrower and Lender agree to the contrary, be the third Business Day following such notice.

Will the securities be returned on settlement? YesAle If yes, detail any exceptions Upon the occurrence of a Default entitling the Lender to terminate all Loans, the Lender has the right to purchase a like amount of Loaned Securities, to sell any Collateral and to apply and set off the Collateral and any proceeds thereof against the payment of the purchase price for such Replacement Securities. In the event the Lender exercises such rights, the Borrower's obligation to return a like amount of the Loaned Securities shall terminate.

Schedule
Type of Agreement	Master Securities Loan Agreement
Parties to agreement	Morgan Stanley & Co. LLC, MS Securities Services Inc. and BlackRock Institutional Trust Company NA as agent or trustee on behalf of various funds and accounts
Transfer Date	20150409; 20150303; 20150305; 20150306; 20150313; 20150415; 20150423; 20150430; 20150506; 20150507;
Holder of Voting Rights	Borrower
Are there any restrictions on voting rights?	Yes/No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	YesANe
unless Borrower and Lender agree to the contrary, be the third Business Day following such notice.	If yes, detail Either party may terminate a Loan on a termination date established by notice given to the other party prior to the Close of Business on a Business Day. The termination date established by a termination notice shall be a date no earlier than the standard settlement date that would apply to a purchase or sale of the Loaned Securities (in the case of a notice given by Lender) or the non- cash Collateral securing the Loan (in the case of a notice given by Borrower) entered into at the time of such notice, which date shall,

Does the lender have the right to recall early?

発信:三菱UFJ信託銀行IS事業部

If yes, detail Either party may terminate a Loan on a termination date established by notice given to the other party prior to the Close of Business on a Business Day. The termination date established by a termination notice shall be a date no earlier than the standard settlement date that would apply to a purchase or sale of the Loaned Securities (in the case of a notice given by Lender) or the noncash Collateral securing the Loan (in the case of a notice given by Borrower) entered into at the time of such notice, which date shall, unless Borrower and Lender agree to the contrary, be the third Business Day following such notice.

Will the securities be returned on settlement? Yes/No If yes, detail any exceptions Upon the occurrence of a Default entitling the Lender to terminate all Loans, the Lender has the right to purchase a like amount of Loaned Securities, to sell any Collateral and to apply and set off the Collateral and any proceeds thereof against the payment of the purchase price for such Replacement Securities. In the event the Lender exercises such rights, the Borrower's obligation to return a like amount of the Loaned Securities shall terminate.

Schedule
Type of Agreement	Customer Prime Broker Account Agreement
Parties to agreement	Morgan Stanley & Co. LLC on behalf of all Morgan Stanley
	entities and AXEL BALANCED, LP
Transfer Date	20141103; 20141118; 20141128; 20141223; 20141229;
	20150115; 20150206; 20150220; 20150302;
Holder of Voting Rights	Morgan Stanley
Are there any restrictions on voting rights?	No.
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	Yes.
If yes, detail Morgan Stanley may return rehypothecated shares at any time.
Does the lender have the right to recall early?	Yes.
If yes, detail The customer may recall shares from Morgan Stanley at any time.
Will the securities be returned on settlement?	Yes:
	If yes, detail any exceptions In the ordinary course of business, securities will be returned to customers. Upon a customer Event of
Default, Morgan Stanley has the right to set off obligations owed to the customer against obligations of the customer to Morgan Stanley

and to foreclose on any collateral, including rehypothecated securities, for the purpose of arriving at a single closeout amount. In such a default scenario, Morgan Stanley may do an actual or deemed sale of the rehypothecated securities.

Schedule
Type of Agreement	Global Master Securities Lending Agreement
Parties to agreement	Morgan Stanley & Co. International plc and Citibank NA
Transfer Date	20150130 20150206; 20150218; 20150210. 20150217:
	20150225: 20150226; 20150303 20150311; 20150310:
	20150318. 20150324; 20150325. 20150326; 20150327;
	20150330, 20150402: 20150413. 20150427. 20150428;
	20150429; 20150430; 20150501; 20150506; 20150507;
Holder of Voting Rights	Borrower
Are there any restrictions on voting rights?	Yee/No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	Yes/No
	If yes, detail The Borrower is entitled at any time to terminate a Loan and to redeliver all and any Equivalent Securities due and
outstanding to the Lender in accordance with the Lender's instructions.
Does the lender have the right to recall early?	Yes/No
	If yes, detail The Lender is entitled to terminate a Loan and to call for the redelivery of all or any Equivalent Securities at any time by
	giving notice on any Business Day of not less than the standard settlement time for such Equivalent Securities on the exchange or in
the clearing organisation through which the Loaned Securities were originally delivered.
Will the securities be returned on settlement? $\,$	Yes/No
	If yes, detail any exceptions If the Borrower does not redeliver Equivalent Securities in accordance with the Agreement, the Lender
may by written notice to Borrower terminate the Loan forthwith and the Parties' delivery and naymont obligations in respect thereof.

Schedule
Type of Agreement	Overseas Securities Lender's Agreement
Parties to agreement	Morgan Stanley & Co. International plc and UBS AG
Transfer Date	20150311
Holder of Voting Rights	Each Party undertakes that where it holds securities of the same
	description as any securities borrowed by it or transferred to it by
	way of collateral at a time when a right to vote arises in respect of

	such securities, it will use its best endeavours to arrange for the voting rights attached to such securities to be exercised in accordance with the instructions of the Lender or Borrower (as the
	case may be).
Are there any restrictions on voting rights?	YesAlo
If yes, detail As stated above.
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	Yes/No
	If yes, detail The Borrower is entitled at any time to terminate a particular loan of Securities and to redeliver all and any Equivalent
Securities due and outstanding to the Lender in accordance with the Lender's instructions.
Does the lender have the right to recall early?	Yes/No
	If yes, detail The Lender may call for the redelivery of all or any Equivalent Securities at any time by giving notice on any Business Day
	of not less than the standard settlement time for such Equivalent Securities on the exchange or in the clearing organisation through which
	the relevant borrowed Securities were originally delivered. The Borrower shall redeliver such Equivalent Securities not later than the expiry
of such notice in accordance with the Lender's instructions.
Will the securities be returned on settlement?	Yes/No
	If yes, detail any exceptions If an Event of Default occurs in relation to either Party, the Parties' delivery and payment obligations
	shall be accelerated so as to require performance thereof at the time such Event of Default occurs. In such event the Relevant Value of
	the Securities to be delivered by each Party shall be established in accordance with the Agreement and on the basis of the Relevant
Values so established, the sums due from one Party shall be set-off against the sums due from the other and only the balance of the
account shall be payable.

Schedule
Type of Agreement	Global Master Securities Lending Agreement
Parties to agreement	Morgan Stanley & Co. International plc and STATE BOARD OF
	ADMINISTRATION OF FLORIDA
Transfer Date	20150127. 20150123; 20150120; 20150121; 20150122;
	20150427: 20150216; 20150130, 20150129. 20150128:
	20150430;
Holder of Voting Rights	Borrower
Are there any restrictions on voting rights?	Yes/No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	YesAle
	If yes, detail The Borrower is entitled at any time to terminate a Loan and to redeliver all and any Equivalent Securities due and
outstanding to the Lender in accordance with the Lender's instructions.
Does the lender have the right to recall early?	Yes/No
	If yes, detail The Lender is entitled to terminate a Loan and to call for the redelivery of all or any Equivalent Securities at any time by
	giving notice on any Business Day of not less than the standard settlement time for such Equivalent Securities on the exchange or in
the clearing organisation through which the Loaned Securities were originally delivered.
Will the securities be returned on settlement?	YesAle
	If yes, detail any exceptions If the Borrower does not redeliver Equivalent Securities in accordance with the Agreement, the Lender
may by written notice to Borrower terminate the Loan forthwith and the Parties' delivery and payment obligations in respect thereof.

Schedule
Type of Agreement	Global Master Securities Lending Agreement
Parties to agreement	Morgan Stanley & Co. International plc and NORGES BANK
Transfer Date	20150427
Holder of Voting Rights	Borrower
Are there any restrictions on voting rights?	Yas/ No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	Yes/Ne
If yes, detail The Borrower is entitled at any time to terminate a Loan and to redeliver all and any Equivalent Securities due and
outstanding to the Lender in accordance with the Lender's instructions.
Does the lender have the right to recall early?	Yes/No
If yes, detail The Lender is entitled to terminate a Loan and to call for the redelivery of all or any Equivalent Securities at any time by
giving notice on any Business Day of not less than the standard settlement time for such Equivalent Securities on the exchange or in
the clearing organisation through which the Loaned Securities were originally delivered.
Will the securities be returned on settlement?	Yes/No
If yes, detail any exceptions if the Borrower does not redeliver Equivalent Securities in accordance with the Agreement, the Lender
may by written notice to Borrower terminate the Loan forthwith and the Parties' delivery and payment obligations in respect thereof.

Type of Agreement	International Prime Brokerage Agreement
Parties to agreement	Morgan Stanley & Co. International plc for itself and as agent and
	trustee for and on behalf of the other Morgan Stanley Companies
	and AMP CAPITAL ASIA QUANT FUND
Transfer Date	20141103; 20141114; 20150209; 20150304; 20150507;
Holder of Voting Rights	If prime broker has settled a short sale for the client, voting rights
	will pass to the purchaser of the securities.
Are there any restrictions on voting rights?	Yes/ No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	YesAle
If yes, detail At any time the client may return to the prime broker shares which the client previously sold short.
Does the lender have the right to recall early?	Yes/Ne
If yes, detail The prime broker may require the client to return shares delivered on behalf of the client at any time.
Will the securities be returned on settlement?	Yes/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be
determined and on the basis of the amounts so established, an account shall be taken of what is due from each party to the other. The
	amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account shall be

Schedule
Type of Agreement	International Prime Brokerage Agreement
Parties to agreement	Morgan Stanley & Co. International plc for itself and as agent and
	trustee for and on behalf of the other Morgan Stanley Companies
	and CERES CAPITAL PTY LTD
Transfer Date	20150311;20150423; 20150427; 20150429; 20150428;
	20150430; 20150504; 20150505; 20150507;
Holder of Voting Rights	If prime broker has settled a short sale for the client, voting rights
	will pass to the purchaser of the securities.
Are there any restrictions on voting rights?	¥es/No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	YesAle
If yes, detail At any time the client may return to the prime broker shares which the client previously sold short.
Does the lender have the right to recall early?	Yes Ale
If yes, detail The prime broker may require the client to return shares delivered on behalf of the client at any time.
Will the securities be returned on settlement?	Yes/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be
determined and on the basis of the amounts so established, an account shall be taken of what is due from each party to the other. The
amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account shall be
payable.

Schedule
Type of Agreement	International Prime Brokerage Agreement
Parties to agreement	Morgan Stanley & Co. International plc for itself and as agent and
	trustee for and on behalf of the other Morgan Stanley Companies
	and CC ASIA ABSOLUTE RETURN MASTER FUND LIMITED
Transfer Date	20150325:
Holder of Voting Rights	If prime broker has settled a short sale for the client, voting rights
	will pass to the purchaser of the securities.
Are there any restrictions on voting rights?	Yee/No
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	YesANe
If yes, detail At any time the client may return to the prime broker shares which the client previously sold short.
Does the lender have the right to recall early?	Yes/No
If yes, detail The prime broker may require the client to return shares delivered on behalf of the client at any time.
Will the securities be returned on settlement?	Yes/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be
determined and on the basis of the amounts so established, an account shall be taken of what is due from each party to the other. The
amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account shall be
payable.

payable.

$\vert$ payable.

	International Prime Brokerage Agreement
Type of Agreement	Morgan Stanley & Co. International plc for itself and as agent and
Parties to agreement
	trustee for and on behalf of the other Morgan Stanley Companies
	and TASMAN MARKET NEUTRAL FUND
Transfer Date	20150410; 20150323; 20150330; 20150409; 20150320.
	20150413.
	If prime broker has settled a short sale for the client, voting rights
Holder of Voting Rights	will pass to the purchaser of the securities.
	Yes/ No
Are there any restrictions on voting rights?
If yes, detail Not applicable
Scheduled Return Date (if any)	Open
Does the borrower have the right to return early?	Yes#No
If yes, detail At any time the client may return to the prime broker shares which the client previously sold short.
Does the lender have the right to recall early?	YesAle
If yes, detail The prime broker may require the client to return shares delivered on behalf of the client at any time.
Will the securities be returned on settlement?	Yes/No
If yes, detail any exceptions Upon an Event of Default, the default market value of all Equivalent Securities to be delivered will be
determined and on the basis of the amounts so established, an account shall be taken of what is due from each party to the other. The
amounts due from one party shall be set off against the amounts due from the other party and only the balance of the account shall be

Schedule Australian Master Securities Lending Agreement Type of Agreement Morgan Stanley Australia Securities Limited and WESTPAC Parties to agreement BANKING CORPORATION 20150306; 20150421. 20150423. 20150303, 20150302: Transfer Date 20150427; 20150428; Borrower Holder of Voting Rights Xes/No Are there any restrictions on voting rights? If yes, detail Not applicable Open Scheduled Return Date (if any) Does the borrower have the right to return early?
If yes, detail The Borrower shall be entitled at any time to terminate a particular loan of Securities and to redeliver all and any Equivalent Securities due and outstanding to the Lender in accordance with the Lender's instructions. Does the lender have the right to recall early? $\sqrt{\text{Yes/No}}$ If yes, detail The Lender may call for the redelivery of all or any Equivalent Securities at any time by giving notice on any Business Day of not less than the Standard Settlement Time for such Equivalent Securities or the equivalent time on the exchange or in the clearing organisation through which the relevant borrowed Securities were originally delivered. Will the securities be returned on settlement? Yes/Ne If yes, detail any exceptions If an Event of Default occurs in relation to either Party, the Parties' delivery and payment obligations shall be accelerated so as to require performance thereof at the time such Event of Default occurs. In such event the Relevant Value of the Securities to be delivered by each Party shall be established and on the basis of the Relevant Values so established, an account shall be taken of what is due from each Party to the other and the sums due from one Party shall be set-off against the sums due from the other and only the balance of the account shall be payable.