The following specialist debt programme has been approved for securities issued there under within five years of the publication of the programme memorandum to be admitted to the official list of the Cayman Islands Stock Exchange:

Name of Issuer:

Hale Kai Limited

Description of Programme:

SPC Multi-Issuer Structured Issuance Programme

Date of Programme Memorandum:

29 February 2016

Date of Approval:

29 February 2016

Expiry of Approval:

28 February 2021