Paying Agent

Citibank, N.A London Branch

Citibank, N.A. London Branch acts as the paying agent on Timberland Securities Investment plc. It has its registered office at Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB United Kingdom. The paying agent carries out the tasks set out in the paying agency agreement, including the provision of customary banking services to Timberland Securities Investment plc with respect to the Notes issued by the latter.