Credit investors

On 30 November 2006, MHP S.A. completed a U.S.$250 million offering of high yield notes listed on the London Stock Exchange. The Notes will mature on 30 November 2011. The Notes will accrue interest at a rate equal to 10.25% per annum. Interest on the Notes will be payable semi-annually in arrears on 30 May and 30 November, commencing 30 May 2007, to holders of record on the immediately preceding 15 May and 15 November, respectively.