ARM ASSET BACKED SECURITIES S.A.

We refer to our press release 13/38 of 4 September 2013 and to our Frequently Asked Questions 13/40 of 24 September 2013, informing that the CSSF has asked on 4 September 2013 the Public Prosecutor to request the Luxembourg district court dealing with commercial matters to order the dissolution and the liquidation of ARM.

We further refer to the press release 13/45 of 23 October 2013, informing that on 9 October 2013 Mr Mark James Shaw and Mr Malcolm Cohen of BDO LLP were appointed as Provisional Liquidators of ARM by the English Court.

The CSSF informs that on 26 June 2014 the Luxembourg district court dealing with commercial matters decided to suspend liquidation proceedings until after the completion of the winding up operations ordered by the English Court on 9 October 2013.