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This excerpt taken from the DIS 8-K filed Mar 10, 2005. Reverse Currency Linked Securities (“Reverse CLS”). Reverse CLS are Notes pursuant to which the
principal amount payable at Stated Maturity equals the Payment Currency
equivalent at Stated Maturity of a fixed amount of a designated currency (or
composite currencies or currency units) (the “First Indexed Currency”) minus
the amount of the Payment Currency equivalent at Stated Maturity of a fixed
amount of another designated currency (or composite currency or currency units)
(the “Second Indexed Currency”); provided, however, that the
minimum principal amount payable at Stated Maturity shall be zero.
The Denominated Currency, the First and Second Indexed Currencies and the Payment Currency will be identified in the applicable Pricing Supplement. In addition, the fixed amounts of the First and Second Indexed Currencies to which the principal of the Reverse CLS is linked shall be set forth in the applicable Pricing Supplement for a specific representative face amount of
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the Reverse CLS as well as for the aggregate face amount of all Reverse CLS forming part of the same issue.
If the Payment Currency and the First Indexed Currency or the Second Indexed Currency are not the same, the Payment Currency equivalent of the First Indexed Currency amount or the Second Indexed Currency amount, as the case may be, on any date shall be determined in the manner specified in the applicable Pricing Supplement.
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