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Investor Presentaiton

NAMA: 98% of its original senior debt has been repaid: only €500m left NAMA's operating performance is strong ■ Acquired 12,000 loans (over 60,000 saleable property units) related to €74bn par of loans of 780 debtors for €32bn NAMA continues to generate net profit after impairment charges. It has repaid €29.7bn (98%) of €30.2bn of original senior debt NAMA is meeting and exceeding its senior debt redemption targets well ahead of schedule. It remains on course, subject to market conditions, to redeem all senior debt (€30.2 billion) by end-2017 and its subordinated debt (€1.6 billion) by 2020. NAMA remains on course to deliver a surplus for Irish taxpayers which is currently estimated at €3bn, according to its management team - if current market conditions remain favourable. In October 2015, NAMA announced a new initiative to develop up to 20,000 housing units by 2020 - subject to commercial viability. Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency More NAMA information available on www.nama.ie 77 13
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