Québec Completes Issue of CHF250M 3.50% Notes Under its US$18B Euro Medium Term Note Programme

On November 21, 2008, Québec issued CHF250 million 3.50 per cent notes due November 21, 2014, under its US$18 billion Euro Medium Term Note Programme. The notes were offered by an underwriting syndicate jointly led by ABN AMRO Bank N.V., Amsterdam, Zurich Branch, Deutsche Bank AG London Branch, acting through Deutsche Bank AG Zurich Branch and The Royal Bank of Scotland plc and including Credit Suisse, UBS AG, Bank Sarasin & Cie AG, Bank Vontobel AG, Bank Julius Bär & Cie AG, Lombard Odier Darier Hentsch & Cie and Raiffeisen Switzerland Cooperative.

The dealers were represented by Ogilvy Renault LLP with a team including Susan Mann, Peter Noble and Leslie Cummer (London) and Jules Charette (Montréal – tax), and by Dr. Christoph Balsiger of Niederer, Kraft & Frey in Zurich.


Peter S. Noble Jules Charette Susan E. Mann