GLOBAL CUSTODY AGREEMENT
This AGREEMENT is effective as of July 2, 2001, and is between THE CHASE
MANHATTAN BANK ("Bank") and EMERGING MARKETS GROWTH FUND, INC. ("Customer").
WHEREAS, Customer desires to appoint, in accordance with the provisions of the
Investment Company Act of 1940, as amended (the "1940 Act"), and the rules and
regulations thereunder, Bank as custodian, and Bank has agreed to act as such
under the terms and conditions hereinafter set forth.
NOW THEREFORE, Bank and Customer agree as follows:
1. APPOINTMENT OF CUSTODIAN; CUSTOMER ACCOUNTS.
Customer hereby appoints Bank as its custodian. Bank hereby accepts such
appointment. Bank, acting as "Securities Intermediary" (as defined in Section
2 hereof) shall establish and maintain the following accounts in the name of
Customer:
(a) a Custody Account for Securities and other Financial Assets (as such terms
are defined in Section 2 hereof);
(b) an account ("Deposit Account") for any and all cash in any currency
received by Bank or its Subcustodian for the account of Customer, which cash
shall not be subject to withdrawal by draft or check; and
(c) upon Instructions from Customer, an account ("Transaction Account") for
Customer for U.S. dollar cash movements not related to Securities and other
Financial Assets held in the Custody Account or the Deposit Account, with cash
in such Account to be used by Chase to fund withdrawals by draft or check as
determined by Customer.
Customer warrants its authority to: (i) deposit the Financial Assets and cash
(collectively, "Assets") received in the Custody Account or the Deposit
Account, as the case may be (collectively, "Accounts") and (ii) give
Instructions concerning the Accounts. Bank may deliver Financial Assets of the
same class in place of those deposited in the Custody Account.
Bank shall be accountable under the terms of this agreement to the Customer
for all Assets held in the Accounts and shall take prompt and appropriate
action to remedy any discrepancies with respect to such Assets. Upon written
agreement between Bank and Customer, additional Accounts may be established and
separately accounted for as additional Accounts hereunder.
2. DEFINITIONS.
As used herein, the following terms shall have the following respective
meanings:
(a) "Affiliate" shall mean an entity controlling, controlled by, or under
common control with, another entity.
(b) "Authorized Person" shall mean an employee or agent (including an
investment manager) designated by prior written notice from Customer or its
designated agent to act on behalf of Customer hereunder. Such persons shall
continue to be Authorized Persons until such time as Bank receives Instructions
from Customer or its designated agent that any such employee or agent is no
longer an Authorized Person.
(c) "Certificated Security" shall mean a Security that is represented by a
certificate.
(d) "Custody Account" shall mean each custody account on Bank's records to
which Financial Assets are or may be credited pursuant hereto.
(e) "Eligible Foreign Custodian" shall have the meaning assigned thereto in
Rule 17f-5 (and shall include any entity qualifying as such pursuant to an
exemption, rule or other appropriate action of the U.S. Securities and Exchange
Commission).
(f) "Eligible Securities Depository" shall have the meaning assigned thereto
in Rule 17f-7 (and shall include any entity qualifying as such pursuant to an
exemption, rule or other appropriate action of the U.S. Securities and Exchange
Commission).
(g) "Eligible Contract" shall mean a currently effective written contract
between Bank and a Subcustodian satisfying the requirements of paragraph (c)(2)
of Rule 17f-5 (including any amendments thereto or successor provisions).
(h) "Entitlement Holder" shall mean the person on the records of a Securities
Intermediary as the person having a Securities Entitlement against the
Securities Intermediary.
(i) "Financial Asset" shall have the meaning assigned thereto in Article 8 of
the Uniform Commercial Code, which, as of the date hereof, generally means:
(i) a Security;
(ii) an obligation of a person or a share, participation or other interest in
a person or property or enterprise of a person, which is, or is of a type,
dealt in or traded on financial markets, or which is recognized in any area in
which it is issued or dealt in as a medium for investment; or
(iii) any property that is held by a Securities Intermediary for another
person in a Securities account if the Securities Intermediary has expressly
agreed with the other person that the property is to be treated as a financial
asset under Article 8 of the Uniform Commercial Code. As the context requires,
the term means either the interest itself or the means by which a person's
claim to it is evidenced, including a Certificated Security or an
Uncertificated Security, a Security certificate, or a Security Entitlement.
Financial Asset shall in no event mean cash.
(j) "Foreign Assets" shall have the meaning assigned thereto under Rule 17f-5,
which, as of the date hereof, means any investments (including foreign
currencies) for which the primary market is outside the United States, and any
cash and cash equivalents that are reasonably necessary to effect Customer's
transactions in those investments.
(k) "Instructions" shall mean instructions of any Authorized Person received
by Bank, via telephone, telex, facsimile transmission, bank wire or other
teleprocess or electronic instruction or trade information system (which may
include Internet-based systems involving appropriate testing and
authentication) acceptable to Bank which Bank believes in good faith to have
been given by, or under the direction of, Authorized Persons. The term
"Instructions" includes, without limitation, instructions to sell, assign,
transfer, deliver, purchase or receive for the Custody Account, any and all
stocks, bonds and other Financial Assets or to transfer funds in the Deposit
Account.
(l) "Local Practice" shall mean the customary securities trading or securities
processing practices and procedures generally accepted by Institutional
Investors in the jurisdiction or market in which the transaction occurs,
including, without limitation:
(i) delivering Financial Assets to the purchaser thereof or to a dealer
therefor (or an agent for such purchaser or dealer) with the expectation of
receiving later payment for such securities from such purchaser or dealer;
(ii) delivering cash to a seller or a dealer (or an agent for such seller or
dealer) against expectation of receiving later delivery of purchased Financial
Assets; or
(iii) in the case of a purchase or sale effected through a securities system,
in accordance with the rules governing the operation of such system.
(m) "Institutional Investor" shall mean a major commercial bank, corporation,
insurance company, or substantially similar institution, which, as a
substantial part of its business operations, purchases and sells Financial
Assets and makes use of global custodial services.
(n) "Riders" shall have the meaning assigned thereto in Section 16(f) of this
Agreement.
(o) "Rule 17f-5" shall mean rule 17f-5 under the 1940 Act, including any
amendments thereto or successor rules.
(p) "Rule 17f-7" shall mean rule 17f-7 under the 1940 Act, including any
amendments thereto or successor rules.
(q) "Security" shall have the meaning assigned thereto in Article 8 of the
Uniform Commercial Code, which, as of the date hereof, generally means an
obligation of an issuer or a share, participation, or other interest in an
issuer or in property or an enterprise of an issuer:
(i) which is represented by a security certificate in bearer or registered
form, or the transfer of which may be registered upon books maintained for that
purpose by or on behalf of the issuer;
(ii) which is one of a class or series or by its terms is divisible into a
class or series of shares, participations, interests, or obligations; and
(iii) which:
(A) is, or is of a type, dealt in or traded on securities exchanges or
securities markets; or
(B) is a medium for investment and by its terms expressly provides that it is
a security governed by Article 8 of the Uniform Commercial Code.
(r) "Securities Entitlement" shall mean the rights and property interest of an
Entitlement Holder with respect to a Financial Asset as set forth in Part 5 of
Article 8 of the Uniform Commercial Code.
(s) "Securities Intermediary" shall have the meaning assigned thereto in
Article 8 of the Uniform Commercial Code, which, as of the date hereof, means
Bank, a Subcustodian, a securities depository, clearing corporation or any
other person, including a bank or broker, that in the ordinary course of its
business maintains securities accounts for others and is acting in that
capacity.
(t) "Uncertificated Security" shall mean a Security that is not represented by
a certificate.
(u) "Uniform Commercial Code" shall mean the Uniform Commercial Code of the
State of New York, as amended from time to time.
3. MAINTENANCE OF FINANCIAL ASSETS AND CASH AT BANK AND SUBCUSTODIAN LOCATIONS.
Unless Instructions specifically require another location reasonably
acceptable to Bank:
(a) Financial Assets shall be held in the country or other jurisdiction in
which the principal trading market for such Financial Assets is located, where
such Financial Assets are to be presented for payment or where such Financial
Assets are acquired; and
(b) Cash shall be credited to an account in a country or other jurisdiction in
which such cash may be legally deposited or is the legal currency for the
payment of public or private debts.
Cash may be held pursuant to Instructions in either interest or non-interest
bearing accounts as may be available for the particular currency (and Bank
acknowledges that Customer's preference is for its cash balances to be held in
interest bearing accounts where available). To the extent Instructions are
issued and Bank can comply with such Instructions, Bank is authorized to
maintain cash balances on deposit for Customer with itself (or its Affiliates,
in accordance with applicable law and regulation), at such reasonable rates of
interest as may from time to time be paid on such accounts, or in non-interest
bearing accounts as Customer may direct, if acceptable to Bank.
If Customer wishes to have any Foreign Assets held in the custody of an
institution other than the established Subcustodians as defined in Section 4
(or an Eligible Securities Depository listed on Schedule B hereto), such
arrangement must be authorized by a written agreement, signed by Bank and
Customer.
4. SUBCUSTODIANS.
(a) Bank may act under the Agreement through the subcustodians with which Bank
has entered into Eligible Contracts and which are listed on Schedule A attached
hereto ("Subcustodians"). Bank reserves the right, exercising reasonable
discretion, to amend Schedule A from time to time. Any such amendment shall be
effective upon 45 calendar days' notice to Customer in accordance with the
Agreement.
(b) Bank hereby represents to Customer that each Subcustodian is an Eligible
Foreign Custodian. If Schedule A is amended to add one or more Subcustodians,
this representation shall be effective as to the amended Schedule on the date
of such amendment. As soon as reasonably practicable, Bank shall advise
Customer if any Subcustodian ceases to be an Eligible Foreign Custodian.
(c) Customer authorizes Bank to hold Assets in accounts that Bank has
established with one or more of its branches or such Subcustodians, provided
that, in the case of an Eligible Foreign Custodian, Customer's Foreign Custody
Manager has made the determinations required by Rule 17f-5 with respect to the
Foreign Assets to be held by such Subcustodian. If Bank is not acting as
Foreign Custody Manager at such time, Customer shall give Bank appropriate
notice of such determinations.
5. APPOINTMENT AS FOREIGN CUSTODY MANAGER.
Customer hereby appoints Bank as its Foreign Custody Manager in accordance with
Rule 17f-5. Bank hereby accepts such appointment. Customer and Bank shall act
in conformity with such rule (including any amendments thereto or successor
provisions) for as long as Bank acts as Customer's Foreign Custody Manager.
Bank's appointment as Foreign Custody Manager (or for a particular country or
other political or geographical jurisdiction) may be terminated at any time by
Customer or Bank. Any such termination shall be effected in a manner
consistent with the provisions for notice and termination set forth elsewhere
in this Agreement.
As of the date hereof, Rule 17f-5 provides that Customer may from time to time
place or maintain in the care of an Eligible Foreign Custodian any of
Customer's Foreign Assets, PROVIDED THAT:
(a) Customer's Foreign Custody Manager determines that Customer's assets will
be subject to reasonable care, based on the standards applicable to custodians
in the relevant market, if maintained with the Eligible Foreign Custodian,
after considering all factors relevant to the safekeeping of such assets,
including, without limitation:
(i) The Eligible Foreign Custodian's practices, procedures, and internal
controls, including, but not limited to, the physical protections available for
Certificated Securities (if applicable), the method of keeping custodial
records, and the security and data protection practices;
(ii) Whether the Eligible Foreign Custodian has the requisite financial
strength to provide reasonable care for Foreign Assets;
(iii) The Eligible Foreign Custodian's general reputation and standing; and
(iv) Whether Customer will have jurisdiction over and be able to enforce
judgments against the Eligible Foreign Custodian, such as by virtue of the
existence of any offices of the custodian in the United States or the
custodian's consent to service of process in the United States.
(b) The arrangement with the Eligible Foreign Custodian is governed by a
written contract that Customer's Foreign Custody Manager, has determined will
provide reasonable care for Customer's assets based on the standards set forth
in paragraph (a) above.
(i) Such contract must provide:
(A) For indemnification or insurance arrangements (or any combination of the
foregoing) that will adequately protect Customer against the risk of loss of
Foreign Assets held in accordance with such contract;
(B) That Foreign Assets will not be subject to any right, charge, security
interest, lien or claim of any kind in favor of the Eligible Foreign Custodian
or its creditors, except a claim of payment for their safe custody or
administration or, in the case of cash deposits, liens or rights in favor of
creditors of the custodian arising under bankruptcy, insolvency, or similar
laws;
(C) That beneficial ownership of the Foreign Assets will be freely transferable
without the payment of money or value other than for safe custody or
administration;
(D) That adequate records will be maintained identifying the assets as
belonging to Customer or as being held by a third party for the benefit of
Customer;
(E) That Customer's independent public accountants will be given access to
those records or confirmation of the contents of those records; and
(G) That Customer will receive periodic reports with respect to the safekeeping
of Customer's assets, including, but not limited to, notification of any
transfer to or from Customer's account or a third party account containing
assets held for the benefit of Customer.
(ii) Such contract may contain, in lieu of any or all of the provisions
specified in paragraph (b)(i) above, such other provisions that Customer's
Foreign Custody Manager, determines will provide, in their entirety, the same
or a greater level of care and protection for the Foreign Assets as the
specified provisions, in their entirety.
(c) (i) Customer's Foreign Custody Manager, has established a system to monitor
the appropriateness of maintaining Customer's assets with a particular
custodian under paragraph (a) above, and to monitor performance of the contract
under paragraph (b) above.
(ii) If an arrangement no longer meets these requirements, Customer must
withdraw its assets from the Eligible Foreign Custodian as soon as reasonably
practicable.
Customer's Foreign Custody Manager will provide written reports in a form
reasonably acceptable to Customer (or an Authorized Person) notifying
Customer's Board of Directors (or equivalent body; hereinafter, "Board") of the
placement of Customer's Foreign Assets with a particular custodian and of any
material change in Customer's non-U.S. custody arrangements, with the reports
to be provided to the Board at such times as the Board deems reasonable and
appropriate based on the circumstances of Customer's non-U.S. custody
arrangements.
6. SECURITIES DEPOSITORIES.
(a) Bank hereby represents to Customer that each securities depository listed
on Schedule B is an Eligible Securities Depository. If Schedule B is amended,
this representation shall be effective as to the amended Schedule on the date
of such amendment. Bank shall promptly advise Customer if any securities
depository listed on Schedule B ceases to be an Eligible Securities Depository.
(b) Bank shall provide Customer an analysis of the custody risks (which
analyses may be provided to Customer electronically) associated with
maintaining Customer's Foreign Assets with each Eligible Securities Depository
used by Bank as of a date to be agreed upon between the parties, but which
shall in no event be later than June 15, 2001, (or, in the case of an Eligible
Securities Depository not used by Bank as of the agreed upon date, prior to the
initial placement of Customer's Foreign Assets at such Depository after such
date) and at which any Foreign Assets of Customer are held or are expected to
be held. Bank shall monitor the custody risks associated with maintaining
Customer's Foreign Assets at each such Eligible Securities Depository on a
continuing basis, and shall promptly notify Customer or its investment adviser
of any material changes in such risks.
(c) Bank shall, upon Customer's reasonable request from time to time, provide
certain additional information ("Additional Information") to Customer beyond
the scope of the information Bank is otherwise obligated to provide to Customer
under this Agreement, or any other agreement between the parties relating to
Customer's Foreign Assets. For example, Additional Information may relate to a
country's financial infrastructure, prevailing custody and settlement
practices, laws applicable to the safekeeping and recovery of Foreign Assets
held in custody, and the likelihood of nationalization, currency controls and
similar risks, but shall not include information required to be provided under
this Agreement or any other agreement between the parties relating to
Customer's Foreign Assets.
(d) Bank's obligation to provide Customer with Additional Information shall be
limited to the extent Additional Information is (i) already in the possession
of Bank, or (ii) available to Bank using commercially reasonable means.
Customer hereby acknowledges that: (i) Additional Information is designed
solely to inform Customer of certain market conditions and procedures and is
not intended as a recommendation to invest or not invest in particular markets;
and (ii) Bank has gathered the information from sources it considers reliable,
but does not assume responsibility for inaccuracies or incomplete information
attributable to actions or omissions of third parties. (For this purpose,
"third parties" shall not include any of the Subcustodians listed on Schedule
A, except to the extent that, in a given case, a Subcustodian accurately
transmitted information it had itself received from a third party (such as from
a regulator or securities depository) rather than information it had generated
itself.)
(e) Customer and Bank hereby acknowledge and agree that the decision to place
Customer's Foreign Assets with an Eligible Securities Depository shall be made
by Customer's investment adviser (subject to the Board's oversight) or the
Customer, after consideration of the information provided by Bank and other
information Customer deems relevant, and based on standards of care that are
generally applicable to investment advisers and the Board. Further, the
parties understand that the decision to place Customer's Foreign Assets with an
Eligible Securities Depository does not have to be made separately, but may be
made in the overall context of the decision to invest in a particular country.
7. USE OF SUBCUSTODIANS AND SECURITIES DEPOSITORIES.
(a) Bank shall identify the Assets on its books as belonging to Customer .
(b) A Subcustodian shall hold such Assets together with assets belonging to
other customers of Bank in accounts identified on such Subcustodian's books as
custody accounts for the exclusive benefit of customers of Bank.
(c) Any Financial Assets in the Accounts held by a Subcustodian shall be
subject only to the instructions of Bank or its agent. Any Financial Assets
held in a securities depository for the account of a Subcustodian shall be
subject only to the instructions of such Subcustodian or its agent.
(d) Where Securities are deposited by a Subcustodian with a securities
depository, Bank shall cause the Subcustodian to identify on its books as
belonging to Bank, as agent, the Securities shown on the Subcustodian's account
on the books of such securities depository.
(e) Bank shall supply periodically, as mutually agreed upon, a statement in
respect of any Securities and cash, including identification of the foreign
entities having custody of the Securities and cash and descriptions thereof.
8. DEPOSIT ACCOUNT TRANSACTIONS.
(a) Bank (or the applicable Subcustodian) shall make payments from the Deposit
Account upon receipt of Instructions which include all information required by
Bank.
(b) In the event that any payment to be made under this Section 8 exceeds the
funds available in the Deposit Account, Bank, in its discretion, may advance
Customer such excess amount which shall be deemed a loan payable on demand,
bearing interest at the rate customarily charged by Bank on similar loans.
(c) Bank shall, or shall cause the applicable Subcustodian to: (i) subject to
the last sentence hereof, collect amounts due and payable to Customer with
respect to Financial Assets and other assets held in the Accounts; (ii)
promptly credit to the account of Customer all income and other payments
relating to Financial Assets or other Assets held by Bank hereunder upon Bank's
receipt (or the applicable Subcustodian's receipt) of such income or payments
or as otherwise agreed in writing by Customer and Bank; and (iii) promptly
endorse and deliver instruments required to effect such collections. If Bank
credits the Deposit Account on a payable date, or at any time prior to actual
collection and reconciliation to the Deposit Account, with interest, dividends,
redemptions or any other amount due, Customer shall promptly return any such
amount upon oral or written notification: (i) that such amount has not been
received in the ordinary course of business or (ii) that such amount was
incorrectly credited. If Customer does not promptly return any amount upon
such notification, Bank shall be entitled, upon oral or written notification to
Customer, to reverse such credit by debiting the Deposit Account for the amount
previously credited. Bank shall furnish regular overdue income reports to
Customer in writing (or by any means by which Instructions may be transmitted
hereunder, other than by telephone) of any amounts payable with respect to
Financial Assets or other Assets of Customer if such amounts are not received
by Bank (or the applicable Subcustodian) when due (or otherwise in accordance
with Local Practice). Bank or its Subcustodian shall have no duty or
obligation to institute legal proceedings, file a claim or a proof of claim in
any insolvency proceeding or take any other action with respect to the
collection of such amount, but may act for Customer upon Instructions after
consultation with Customer.
9. CUSTODY ACCOUNT TRANSACTIONS.
(a) Financial Assets shall be transferred, exchanged or delivered by Bank or
its Subcustodian upon receipt by Bank of Instructions which include all
information required by Bank. Settlement and payment for Financial Assets
received for, and delivery of Financial Assets out of, the Custody Account may
be made in accordance with Local Practice. In connection with the foregoing,
where Bank believes in good faith that use of a reasonably available
alternative practice to Local Practice would be more protective of Financial
Assets than Local Practice, Bank shall advise Customer of such practice and if
Customer authorizes its use such practice shall then be deemed to be Local
Practice. Bank shall advise Customer of whether or not given markets routinely
use same-day settlement practices, which advice may be given through Bank's
Settlement System Market Practice Assessments(sm).
(b) (i) Bank, in its discretion, may credit or debit the Accounts on a
contractual settlement date with cash or Financial Assets with respect to any
sale, exchange or purchase of Financial Assets. (ii) Otherwise, such
transactions shall be credited or debited to the Accounts on the date cash or
Financial Assets are actually received by Bank (or the applicable Subcustodian)
and reconciled to the Account. In connection with the foregoing, if Customer
so requests and it is reasonably practicable for Bank to do so, Bank shall
settle transactions in a given market in accordance with the procedures in
9(b)(ii) even if Bank otherwise makes the procedures in 9(b)(i) available.
(1) Bank may reverse credits or debits made to the Accounts in its discretion
if the related transaction fails to settle within a reasonable period,
determined by Bank in its discretion, after the contractual settlement date for
the related transaction; provided however that prior to taking action, Bank
will use every reasonable effort to give Customer written notice of any such
reversal which may include back valuation.
(2) If any Financial Assets delivered pursuant to this Section 9 are returned
by the recipient thereof, Bank may reverse the credits and debits of the
particular transaction at any time.
10. ACTIONS OF BANK.
Bank shall follow Instructions received regarding Assets held in the Accounts.
However, until it receives Instructions to the contrary, Bank shall:
(a) Present for payment any Financial Assets which are called, redeemed or
retired or otherwise become payable and all coupons and other income items
which call for payment upon presentation, to the extent that Bank or
Subcustodian is actually aware of such opportunities.
(b) Execute in the name of Customer such ownership and other certificates as
may be required to obtain payments in respect of Financial Assets.
(c) Exchange interim receipts or temporary Financial Assets for definitive
Financial Assets.
(d) Appoint brokers and agents for any transaction involving the Financial
Assets, including, without limitation, Affiliates of Bank or any Subcustodian.
(e) Issue statements to Customer, at times mutually agreed upon, identifying
the Assets in the Accounts.
Bank shall send Customer an advice or notification of any transfers of Assets
to or from the Accounts. Such statements, advices or notifications shall
indicate the identity of the entity having custody of the Assets.
All collections of funds or other property paid or distributed in respect of
Financial Assets in the Custody Account shall be made at the risk of Customer
until such funds or other property have been received by Bank (or the
applicable Subcustodian). Bank shall have no liability for any loss occasioned
by delay (other than its own) in the actual receipt of notice by Bank or by its
Subcustodians of any payment, redemption or other transaction regarding
Financial Assets in the Custody Account in respect of which Bank has agreed to
take any action hereunder.
11. CORPORATE ACTIONS; PROXIES; TAXES.
(a) Corporate Actions. Bank shall transmit promptly to Customer summary
notification of corporate action information received on a timely basis by Bank
(including, without limitation, pendency of calls and maturities of Financial
Assets and expirations of rights in connection therewith and notices of
exercise of call and put options written by Customer and the maturity of
futures contracts (and options thereon) purchased or sold by Customer) from
issuers of the Financial Assets being held by Customer. With respect to tender
or exchange offers, Bank shall transmit promptly to Customer notice of
corporate action information received on a timely basis by Bank from issuers of
the Financial Assets whose tender or exchange is sought and from the party (or
its agents) making the tender or exchange offer. If Customer desires to take
action with respect to any tender offer, exchange offer or any other similar
transaction, Customer shall notify Bank within such period as will give Bank
(including any Subcustodian) sufficient time to take such action. Bank shall
inform Customer of pertinent deadlines in each case.
When a rights entitlement or a fractional interest resulting from a rights
issue, stock dividend, stock split or similar corporate action is received
which bears an expiration date, Bank shall endeavor to obtain Instructions from
Customer or its Authorized Person, but if Instructions are not received in time
for Bank to take timely action, or actual notice of such Corporate Action was
received too late to seek Instructions, Bank shall take no action; it being
understood, however, that as long as such instructions could still be acted
upon in a timely fashion Bank shall use reasonable efforts to obtain
instructions, even where Bank's own deadline for receipt of instructions has
expired, but Bank shall have no liability if it is unable timely to act
thereon.
(b) Proxy Voting.
(i) Bank shall, with respect to Financial Assets that are not Foreign Assets,
cause to be promptly executed by the registered holder of such Financial
Assets, if the Financial Assets are registered otherwise than in the name of
Customer or a nominee thereof, all proxies, without indication of the manner in
which such proxies are to be voted, and shall promptly deliver to Customer such
proxies, all proxy soliciting materials and all notices relating to such
Financial Assets.
(ii) Bank shall, with respect to Financial Assets that are Foreign Assets, use
commercially reasonable efforts to facilitate the exercise of voting and other
shareholder proxy rights; it being understood and agreed that (A) proxy voting
may not be available in all markets (it being understood that Bank shall make
proxy voting services available to Customer in a given market where Bank offers
such services to any other custody client), and (B) apart from voting, Bank
will, upon request and in its discretion, assist customer in exercising other
shareholder rights such as attending shareholder meetings, nominating directors
and proposing agenda items. In particular, and without limiting the generality
of the foregoing, Bank may provide written summaries of proxy materials in lieu
of providing original materials (or copies thereof) and while Bank shall
attempt to provide accurate summaries, whether or not translated, Bank shall
not be liable for any losses or other consequences that may result from
reliance by Customer upon the same where Bank prepared the same in good faith
and with reasonable efforts. Customer acknowledges that local conditions,
including lack of regulation, onerous procedural obligations, lack of notice,
practical constraints and other facts, may have the effect of severely limiting
the ability of Customer to exercise shareholder rights. In addition, Customer
acknowledges that: (A) in certain countries Bank may be unable to vote
individual proxies but shall only be able to vote proxies on a net basis (E.G.,
a net yes or no vote given the voting instructions received from all
customers); and (B) proxy voting may be precluded or restricted in a variety of
circumstances, including, without limitation, where the relevant Financial
Assets are: (1) on loan; (2) at registrar for registration or reregistration;
(3) the subject of a conversion or other corporate action; (4) not held in a
name subject to the control of Bank or its Subcustodian or are otherwise held
in a manner which precludes voting; (5) held in a margin or collateral account;
and (6) American Depository Receipts.
(iii) Customer and each Authorized Person shall respect the proprietary nature
of information developed exclusively through the efforts of Bank (or
Subcustodians or other parties acting under Bank's direction) in relation to
proxy voting services.
(c) Taxes.
(i) Customer confirms that Bank is authorized to deduct from any cash received
or credited to the Deposit Account any taxes or levies required to be deducted
by any revenue or other governmental authority for whatever reason in respect
of the Custody Account.
(ii) Customer shall provide Bank with all required tax-related documentation
and other information relating to Assets held hereunder ("Tax Information").
Tax Information shall include, but shall not be limited to, information
necessary for submission to revenue or other governmental authorities to
establish taxable amounts or reduce tax burdens that would otherwise be borne
by Customer. Upon receipt of Instructions and all required Tax Information
from Customer, Bank shall (A) execute ownership and other certificates and
affidavits for all tax purposes (within and outside of the United States) in
connection with receipt of income and other payments with respect to Assets
held hereunder, or in connection with the purchase, sale or transfer of such
Assets, and (B) where appropriate, file any certificates or other affidavits
for the refund or reclaim of non-U.S. taxes paid with respect to such Assets.
Customer warrants that, when given, Tax Information shall be true and correct
in all material respects. Customer shall notify Bank promptly if any Tax
Information requires updating or amendment to correct misleading information.
(iii) Bank shall have no responsibility or liability for any tax obligations
(including both taxes and any and all penalties, interest or additions to tax)
now or hereafter imposed on Customer, or Bank as Customer's custodian, by any
revenue or governmental authority, or penalties or other costs or expenses
arising out of the delivery of, or failure to deliver, Tax Information by
Customer
(iv) Bank shall perform tax reclaim services only with respect to taxation
levied by the revenue authorities of the countries notified to Customer from
time to time and Bank may, by notification in writing, in Bank's absolute
discretion, supplement or amend the markets in which tax reclaim services are
offered; provided that, Bank shall make tax reclaim services available to
Customer in a given country where Bank offers such services to any other
custody client having the same tax status. Other than as expressly provided in
this sub-clause, Bank shall have no responsibility with regard to Customer's
tax position or status in any jurisdiction.
(v) Tax reclaim services may be provided by Bank or, in whole or in part, by
one or more third parties appointed by Bank (which may be Bank's affiliates);
provided that Bank shall be liable for the performance of any such third party
to the same extent as Bank would have been if Bank had performed such services.
(vi) If Bank does not receive appropriate declarations, documentation and
information then any applicable United States withholding tax shall be deducted
from income received from Financial Assets.
12. NOMINEES.
Financial Assets which are ordinarily held in registered form may be
registered in a nominee name of Bank, Subcustodian or Eligible Securities
Depository, as the case may be. Bank may without notice to Customer cause any
such Financial Assets to cease to be registered in the name of any such nominee
and to be registered in the name of Customer. In the event that any Financial
Assets registered in a nominee name are called for partial redemption by the
issuer, Bank may allot the called portion to the respective beneficial holders
of such class of security in any manner Bank deems to be fair and equitable.
Customer shall hold Bank, Subcustodians, and their respective nominees harmless
from any liability arising directly or indirectly from their status as a mere
record holder of Financial Assets in the Custody Account. Financial Assets
accepted by Custodian on behalf Customer under this Agreement shall be in a
form and delivered in a manner consistent with Local Practice.
13. INSTRUCTIONS.
Unless otherwise expressly provided, all Instructions shall continue in full
force and effect until canceled or superseded. Any Instructions delivered to
Bank by telephone shall promptly thereafter be confirmed in writing by an
Authorized Person (which confirmation may bear the facsimile signature of such
Person), but Customer shall hold Bank harmless for the failure of an Authorized
Person to send such confirmation in writing, the failure of such confirmation
to conform to the telephone instructions received or Bank's failure to produce
such confirmation at any subsequent time. Bank may electronically record any
Instructions given by telephone, and any other telephone discussions with
respect to the Custody Account. Customer shall be responsible for safeguarding
any testkeys, identification codes or other security devices which Bank shall
make available to Customer or its Authorized Persons.
14. STANDARD OF CARE; LIABILITIES.
(a) Bank shall exercise reasonable care and diligence in carrying out all of
its duties and obligations under this Agreement, and shall be liable to
Customer for any and all claims, liabilities, losses, damages, fines,
penalties, and expenses, including out-of-pocket and incidental expenses and
reasonable attorneys' fees ("Losses") suffered or incurred by Customer
resulting from failure of Bank (including any branch thereof, regardless of
location) to exercise reasonable care and diligence. Bank shall be liable to
Customer in respect of such Losses to the same extent that Bank would be liable
to Customer if Bank were holding the affected Assets in New York City, but only
to the extent of Customer's direct damages, to be determined based on the
market value of the property which is the subject of the Loss at the date of
discovery of such Loss by Customer and without reference to any special
conditions or circumstances.
(b) Bank shall be liable to Customer for all Losses resulting from the action
or inaction of any Subcustodian to the same extent that Bank would be liable to
Customer if Bank were holding the affected Assets in New York City, and such
action or inaction were that of the Bank.
(c) As long as and to the extent that it has exercised reasonable care and
acted in good faith, Bank shall not be responsible for:
(i) the title, validity or genuineness of any property or evidence of title
thereto received by it or delivered by it pursuant to this Agreement; it being
understood that Bank shall be deemed to have exercised reasonable care in
respect of this subparagraph (i) if Financial Assets are received by Bank in
accordance with Local Practice for the particular Financial Asset in question;
(ii) any act, omission, default or for the solvency of any broker or agent
which it or a Subcustodian appoints; it being understood that Bank or a
Subcustodian shall be deemed to have exercised reasonable care in respect of
this subparagraph (ii) if it exercised reasonable care in the selection of any
such broker or agent (and it being understood that the word "agent" as used in
this subsection shall not refer to any Subcustodian and shall be limited to
agents selected to perform ancillary services, which shall mean by way of
illustration, and not of limitation, pricing and messenger services); or
(iii) the insolvency of any Subcustodian which is not a branch or Affiliate of
Bank; it being understood that Bank shall be deemed to have exercised
reasonable care in respect of this subparagraph (iii) where Bank used
reasonable care in the monitoring of a Subcustodian's financial condition as
reflected in its most recently published financial statements and other
publicly available financial information; provided that, the foregoing
exclusion of liability shall not apply to the extent that such insolvency
resulted from an act or omission that would constitute a basis of liability for
Bank under the standard of liability applicable to Bank under this Agreement in
respect of one or more custody functions for which Bank is responsible to
Customer hereunder.
(d) Neither Bank nor any Subcustodian shall be liable for the acts or
omissions of any Eligible Securities Depository (or, for purposes of clarity,
any domestic securities depository).
(e) In no event shall Bank incur liability hereunder if Bank or any
Subcustodian, or any nominee of Bank or any Subcustodian (each a "Person"), is
prevented, forbidden or delayed from performing, or omits to perform, any act
or thing which this Agreement provides shall be performed or omitted to be
performed, by reason of:
(i) any provision of any present or future law or regulation or order of the
United States of America, or any state thereof, or any other country, or
political subdivision thereof or of any court of competent jurisdiction; or
(ii) events or circumstances beyond the reasonable control of the applicable
Person, including, without limitation, the interruption, suspension or
restriction of trading on or the closure of any securities market, power or
other mechanical or technological failures or interruptions, computer viruses
or communications disruptions, work stoppages, natural disasters, or other
similar events or acts, unless, in each case, such delay or nonperformance is
caused by (A) the negligence, misfeasance or misconduct of the applicable
Person, or (B) a malfunction or failure of equipment operated or utilized by
the applicable Person other than a malfunction or failure beyond such Person's
control and which could not be reasonably anticipated or prevented by such
Person (each such provision, event or circumstance being a "Force Majeure
Event").
(f) In no event shall Customer incur liability to Bank if it is prevented,
forbidden or delayed from performing, or omits to perform, any act or thing
which this Agreement provides shall be performed or omitted to be performed, by
reason of a Force Majeure Event.
(g) Customer shall indemnify and hold Bank and its directors, officers, agents
and employees (collectively the "Indemnitees") harmless from and against any
and all Losses that may be imposed on, incurred by, or asserted against, the
Indemnitees or any of them for following any Instructions or other directions
upon which Bank is authorized to rely pursuant to the terms of this Agreement,
or for any action taken or omitted by it in good faith, provided that such
action or omission is consistent with the standard of liability applicable to
Bank under this Agreement.
(h) In performing its obligations hereunder, Bank may rely on the genuineness
of any document which it believes in good faith to have been validly executed,
and shall be entitled to rely on and may act upon advice of counsel (which may
be counsel for Customer) on all matters, and shall be without liability for
action reasonably taken or omitted pursuant to such advice.
(i) Customer shall pay for and hold Bank harmless from any liability or loss
resulting from the imposition or assessment of any taxes or other governmental
charges, and any related expenses (including, without limitation, penalties,
interest or additions to tax due), with respect to income from or Assets in the
Accounts, provided that Bank has complied with the standard of care set forth
in Section 14(a) of this Agreement (it being understood that while Bank's
failure to comply with such standard of care shall constitute a breach of this
Agreement, Bank shall have no liability for taxes or governmental charges and
related expenses imposed or assessed with respect to such Assets prior to such
breach or that would have been imposed or assessed even absent such breach).
(j) Bank need not maintain any insurance for the benefit of Customer.
(k) Without limiting the foregoing, Bank shall not be liable for any Loss
which results from (i) the general risk of investing, or (ii) investing or
holding Assets in a particular country including, but not limited to, losses
resulting from nationalization, expropriation or other governmental actions;
regulation of the banking or securities industry; currency restrictions,
devaluations or fluctuations; and market conditions which prevent the orderly
execution of securities transactions or affect the value of Assets.
(l) Consistent with and without limiting the application of the foregoing
paragraphs of this Section 14, it is specifically acknowledged that Bank shall
have no duty or responsibility to:
(i) question Instructions or make any suggestions to Customer or an Authorized
Person regarding such Instructions;
(ii) supervise or make recommendations with respect to investments or the
retention of Financial Assets;
(iii) advise Customer or an Authorized Person regarding any default in the
payment of principal or income of any security other than as provided in
Section 8(c) hereof;
(iv) evaluate or report to Customer or an Authorized Person regarding the
financial condition of any broker, agent or other party to which Financial
Assets are delivered or payments are made pursuant hereto;
(v) review or reconcile trade confirmations received from brokers. Customer
or its Authorized Persons issuing Instructions shall bear any responsibility to
review such confirmations against Instructions issued to and statements issued
by Bank;
(vi) advise Customer or an Authorized Person regarding information (i) held on
a confidential basis by an officer, director or employee of Bank (or any
Affiliate of Bank) and (ii) obtained by such person in connection with the
provision of services or other activities unrelated to global custody; and
(vii) advise Customer or an Authorized Person promptly regarding corporate
action information obtained by an officer, director or employee of Bank (or any
Affiliate of Bank) who is not engaged directly in the provision of global
custody services.
(m) Customer authorizes Bank to act hereunder notwithstanding that Bank or any
of its divisions or Affiliates may have a material interest in a transaction,
or circumstances are such that Bank may have a potential conflict of duty or
interest including the fact that Bank or any of its Affiliates may provide
brokerage services to other customers, act as financial advisor to the issuer
of Financial Assets, act as a lender to the issuer of Financial Assets, act in
the same transaction as agent for more than one customer, have a material
interest in the issue of Financial Assets, or earn profits from any of the
activities listed herein.
(n) Upon the occurrence of any event which causes or may cause any Loss to the
other party, each of Customer and Bank shall (and Bank shall cause each
applicable Subcustodian to) use all commercially reasonable efforts and take
all reasonable steps under the circumstances to mitigate the effects of such
event and to avoid continuing harm to the other party. For this purpose, the
obligations of Customer and Bank to mitigate Losses (or potential Losses)
hereunder shall include (but shall not be limited to) the periodic review and
reconciliation by Bank and Customer (or Authorized Persons) of statements
provided to Customer under Section 10 of this Agreement; provided, however,
that Bank's obligations to Customer with respect to any transaction covered by
a given statement shall be reduced to the extent that Bank's ability to
mitigate damages related to such transaction has been compromised by Customer's
failure to object to such statement within 180 days of Customer's receipt
thereof.
15. BANK FEES AND EXPENSES.
Customer agrees to pay Bank for its services under this Agreement such amount
as may be agreed upon in writing. Customer agrees to reimburse Bank for its
reasonable out-of-pocket or incidental expenses (including, without limitation,
legal fees) incurred on behalf of Customer, provided that, in respect of such
expenses, Bank has acted in conformity with the standard of care set forth in
Section 14 hereof. Bank shall obtain Customer's prior approval, which approval
shall not be unreasonably withheld, of out-of-pocket or incidental expenses
that Bank reasonably expects to exceed $10,000 or that approaches $10,000
during the process of incurring such expenses. In the latter case, Customer
shall not withhold its approval on the ground that Bank had not obtained
Customer's approval prior to beginning to incur such expenses if Bank believed
in good faith that the subject expenses would not exceed $10,000. Subject to
the foregoing, Bank shall have a lien on and is authorized to charge any
Accounts of the Customer for any amount owing to the Bank under any provision
of this Agreement.
16. MISCELLANEOUS.
(a) Foreign Exchange Transactions Other Than as Principal. Upon receipt of
Instructions, Bank shall settle foreign exchange contracts or options to
purchase and sell foreign currencies for spot and future delivery on behalf of
and for the account of Customer with such currency brokers or banking
institutions as Customer may determine and direct pursuant to Instructions.
Bank shall be responsible for the transmission of cash and instructions to and
from the currency broker or banking institution with which the contract or
option is made, the safekeeping of all certificates and other documents and
agreements evidencing or relating to such foreign exchange transactions and the
maintenance of proper records in accordance with this Agreement. Bank shall
have no duty with respect to the selection of currency brokers or banking
institutions with which Customer deals or, as long as Bank acts in accordance
with Instructions, for the failure of such brokers or banking institutions to
comply with the terms of any contract or option.
(b) Foreign Exchange Transactions as Principal. Bank shall not be obligated
to enter into foreign exchange transactions as principal. However, if and to
the extent that Bank makes available to Customer its services as principal in
foreign exchange transactions, upon receipt of Instructions, Bank shall enter
into foreign exchange contracts or options to purchase and sell foreign
currencies for spot and future delivery on behalf of and for the account of
Customer with Bank as principal. Instructions may be issued with respect to
such contracts but Bank may establish rules or limitations concerning any
foreign exchange facility made available. Bank shall be responsible for the
selection of currency brokers or banking institutions (which may include
Affiliates of Bank and Subcustodians) and the failure of such currency brokers
or banking institutions to comply with the terms of any contract or option.
(c) Certification of Residency, etc. Customer certifies that it is a resident
of the United States and shall notify Bank of any changes in residency. Bank
may rely upon this certification or the certification of such other facts as
may be required to administer Bank's obligations hereunder. Customer shall
indemnify Bank against all losses, liability, claims or demands arising
directly or indirectly from any such certifications.
(d) Custodian's Records; Access to Records. Bank shall provide any assistance
reasonably requested by Customer in the preparation of reports to Customer's
shareholders and others, audits of accounts, and other ministerial matters of
like nature. Bank shall maintain complete and accurate records with respect to
Financial Assets and other Assets held for the account of Customer as required
by the rules and regulations of the U.S. Securities and Exchange Commission
applicable to investment companies registered under the 0000 Xxx. All such
books and records maintained by Bank shall be made available to Customer upon
request and shall, where required to be maintained by Rule 31a-1 under the 1940
Act, be preserved for the periods prescribed in Rule 31a-2 under the 1940 Act.
Bank shall allow Customer's independent public accountant reasonable access to
the records of Bank relating to Financial Assets as is required in connection
with their examination of books and records pertaining to Customer's affairs.
Subject to restrictions under applicable law, Bank shall also obtain an
undertaking to permit Customer's independent public accountants reasonable
access to the records of any Subcustodian which has physical possession of any
Financial Assets as may be required in connection with the examination of
Customer's books and records. Bank shall not unreasonably refuse to furnish to
Customer such reports (or portions thereof) of Bank's external auditors as they
relate directly to the Bank's system of internal accounting controls applicable
to Bank's duties under this Agreement (commonly referred to as a "SAS 70
report"). Bank shall endeavor to obtain and furnish Customer with such similar
reports as Customer may reasonably request with respect to each Subcustodian
holding Assets of Customer. Except as respects Bank's SAS Report, as to which
there shall be no charge, the Customer shall pay expenses of the Bank and any
Subcustodians under this provision.
(e) Confidential Information. The parties hereto agree that each shall treat
confidentially all confidential information provided by each party to the other
regarding its business and operations in accordance with this Agreement. All
confidential information provided by a party hereto shall be used by the other
party hereto solely for the purpose of rendering services pursuant to this
Agreement and, except as may be required in carrying out this Agreement, shall
not be disclosed to a third party without the prior written consent of such
providing party. Confidential information for purposes hereof shall include
information traditionally recognized as confidential, such as financial
information, strategies, security practices, product and business proposals,
business plans, and the like. The foregoing shall not be applicable to any
information that is publicly available when provided or thereafter becomes
publicly available other than through a breach of this Agreement, that is
generally furnished to third parties by the providing party without
confidentiality restriction, or that is required to be disclosed by any bank
examiner of Bank or any Subcustodian, any auditor of the parties hereto, by
judicial or administrative process or otherwise by applicable law or
regulation. For this purpose, Customer and any Authorized Person shall be
permitted to disclose any information provided by Bank hereunder to the U.S.
Securities and Exchange Commission (or its staff) in connection with any
inspection or examination or other action or proceeding.
(f) Governing Law; Successors and Assigns; Immunity; Captions. THIS AGREEMENT
SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS
MADE AND TO BE PERFORMED IN NEW YORK and shall not be assigned by either party,
but shall bind the successors in interest of Customer and Bank. To the extent
that in any jurisdiction Customer or Bank may now or hereafter be entitled to
claim, for itself or its assets, immunity from suit, execution, attachment
(before or after judgment) or other legal process, Customer or Bank, as the
case may be, irrevocably shall not claim, and it hereby waives, such immunity.
The captions given to the sections and subsections of this Agreement are for
convenience of reference only and are not to be used to interpret this
Agreement.
(g) Entire Agreement. This Agreement consists exclusively of this document
(Schedules A and B hereof), together with the applicable riders for Russia and
Taiwan (collectively "Riders") to the predecessor agreement to this Agreement.
The Riders are hereby modified to apply to and amend the applicable sections of
this Agreement in the same manner as they amended the equivalent sections of
the predecessor agreement. There are no other provisions hereof and this
Agreement supersedes any other agreements, whether written or oral, between the
parties. Any amendment hereto must be in writing, executed by both parties.
(h) Severability. In the event that one or more provisions hereof are held
invalid, illegal or unenforceable in any respect on the basis of any particular
circumstances or in any jurisdiction, the validity, legality and enforceability
of such provision or provisions under other circumstances or in other
jurisdictions and of the remaining provisions shall not in any way be affected
or impaired.
(i) Waiver. Except as otherwise provided herein, no failure or delay on the
part of either party in exercising any power or right hereunder operates as a
waiver, nor does any single or partial exercise of any power or right preclude
any other or further exercise, or the exercise of any other power or right. No
waiver by a party of any provision hereof, or waiver of any breach or default,
is effective unless in writing and signed by the party against whom the waiver
is to be enforced.
(j) Representations and Warranties.
(i) Customer hereby represents and warrants to Bank that: (A) it has full
power and authority to deposit and control the Financial Assets and cash
deposited in the Accounts; (B) it has all necessary authority to use Bank as
its custodian; (C) this Agreement constitutes its legal, valid and binding
obligation, enforceable in accordance with its terms; (D) it has taken all
necessary action to authorize the execution and delivery hereof.
(ii) Bank hereby represents and warrants to Customer that: (A) it has the full
power and authority to perform its obligations hereunder, (B) this Agreement
constitutes its legal, valid and binding obligation, enforceable in accordance
with its terms; and (C) that it has taken all necessary action to authorize the
execution and delivery hereof.
(k) Notices. All notices hereunder shall be effective when actually received.
Any notices or other communications which may be required hereunder are to be
sent to the parties at the following addresses or such other addresses as may
subsequently be given to the other party in writing: (a) Bank: The Chase
Manhattan Bank, 4 Chase MetroTech Center, Brooklyn, N.Y. 11245, Attention:
Xxxx Xxxxxxxx, Vice President, Investor Services, Investment Management Group;
and (b) Customer: Emerging Markets Growth Fund, Inc. c/o Capital
International, Inc., Attention: Xxxxxxx Xxxxx, Senior Vice President, 000 Xxxxx
Xxxxx Xxxxxxx Xxxxxxxxx, Xxxx, XX 00000-0000; with a copy to: Xxxxx Xxxxx,
Senior Vice President and Senior Counsel, Capital International Inc., 00000
Xxxxx Xxxxxx Xxxxxxxxx, 00xx xxxxx, Xxx Xxxxxxx, XX00000-0000.
(l) Termination. This Agreement may be terminated by Customer or Bank by
giving sixty (60) days' written notice to the other, provided that such notice
to Bank shall specify the names of the persons to whom Bank shall deliver the
Assets . If notice of termination is given by Bank, Customer shall, within
sixty (60) days following receipt of the notice, deliver to Bank Instructions
specifying the names of the persons to whom Bank shall deliver the Assets . In
either case Bank shall deliver the Assets to the persons so specified, after
deducting any amounts which Bank determines in good faith to be owed to it
under Section 15. If within sixty (60) days following receipt of a notice of
termination by Bank, Bank does not receive Instructions from Customer
specifying the names of the persons to whom Bank shall deliver the Assets ,
Bank, at its election, may deliver such Assets to a bank or trust company doing
business in the State of New York to be held and disposed of pursuant to the
provisions hereof, or to Authorized Persons, or may continue to hold such
Assets until Instructions are provided to Bank. For avoidance of doubt,
Customer or the Bank may terminate this Agreement pursuant to its provisions.
(m) Representative Capacity; Non-recourse Obligations. A COPY OF THE
DECLARATION OF TRUST OR OTHER ORGANIZATIONAL DOCUMENT OF CUSTOMER IS ON FILE
WITH THE SECRETARY OF STATE OF THE STATE OF THE CUSTOMER'S FORMATION, AND
NOTICE IS HEREBY GIVEN THAT THIS AGREEMENT IS NOT EXECUTED ON BEHALF OF THE
TRUSTEES OF CUSTOMER AS INDIVIDUALS, AND THE OBLIGATIONS OF THIS AGREEMENT ARE
NOT BINDING UPON ANY OF THE TRUSTEES, OFFICERS, SHAREHOLDERS OR PARTNERS OF
CUSTOMER INDIVIDUALLY, BUT ARE BINDING ONLY UPON THE ASSETS AND PROPERTY OF
CUSTOMER. BANK AGREES THAT NO SHAREHOLDER, TRUSTEE, OFFICER OR PARTNER OF
CUSTOMER MAY BE HELD PERSONALLY LIABLE OR RESPONSIBLE FOR ANY OBLIGATIONS OF
CUSTOMER ARISING OUT OF THIS AGREEMENT.
(n) Information Concerning Deposits at Bank. Bank's London Branch is a member
of the United Kingdom Deposit Protection Scheme (the "Scheme") established
under Banking Xxx 0000 (as amended). The Scheme provides that in the event of
Bank's insolvency, payments may be made to certain customers of Bank's London
Branch. Payments under the Scheme are limited to 90% of a depositor's total
cash deposits subject to a maximum payment to any one depositor of Euro18,000
(or euro 20,000 if greater). Most deposits denominated in sterling and other
European Economic Area Currencies and euros made with Bank within the United
Kingdom are covered. Further details of the Scheme are available on request.
Any cash so deposited with Bank's London Branch will be payable exclusively by
Bank's London Branch in the applicable currency, subject to compliance with
applicable law, including, without limitation, any restrictions on transactions
in the applicable currency imposed by the country of the applicable currency.
IN WITNESS WHEREOF, Customer and Bank have executed this Agreement as of the
date first-written above.
EMERGING MARKETS GROWTH FUND, INC.
By: /s/ Xxxxx X. Xxxxx
Name: Xxxxx X. Xxxxx
Title: Vice President
THE CHASE MANHATTAN BANK
By: /s/ Xxxx Xxxxxxxx
Name: Xxxx Xxxxxxxx
Title: Vice President
264746v2
COUNTRY BANK SUB-CUSTODIAN CORRESPONDENT
ARGENTINA The Chase Manhattan Bank BANCO GENERALE DE
Arenales 000, 0xx Xxxxx XXXXXXXX
0000 Xxxxxx Xxxxx XXXXXX XXXXX
XXXXXXXXX BIC - XXXXXXXX
BIC - XXXXXXXX
AUSTRALIA The Chase Manhattan Bank AUSTRALIA AND NEW
Xxxxx 00, XXX Xxxxxx XXXXXXX
000, Xxxxxx Xxxxxx XXXXXXX XXXXX,
Xxxxxx XXX 0000 MELBOURNE
AUSTRALIA BIC - XXXXXX0X
BIC - XXXXXX0X
AUSTRIA Bank Austria XX XXXXX MANHATTAN BANK AG
Xxxxxx Xxxxxxx Xxxxx - 0 XXXXXXXXX
X-0000 Xxxxxx BIC - XXXXXXXX
AUSTRIA
BIC - XXXXXXXX
BAHRAIN HSBC Bank Middle East NATIONAL BANK OF
XX Xxx 00 XXXXXXX
Xxxxxx, 000 MANAMA
BAHRAIN BIC - XXXXXXXX
BIC -
BANGLADESH Standard Chartered Bank STANDARD CHARTERED BANK
18-20 Motijheel X.X XXXXX
Xxx 000, XXX - XXXXXXXX
Xxxxx-0000
XXXXXXXXXX
BIC - XXXXXXXX
BELGIUM Fortis Bank N.V. CHASE MANHATTAN BANK AG
0 Xxxxxxxx Xx Xxxx XXXXXXXXX
0000 Xxxxxxxx BIC - XXXXXXXX
BELGIUM
BIC - XXXXXXXX
BERMUDA The Bank of Bermuda THE BANK OF BERMUDA LTD
Limited XXXXXXXX
0 Xxxxx Xxxxxx BIC - XXXXXXXX
Xxxxxxxx HMDX
BERMUDA
BIC - XXXXXXXX
BOTSWANA Barclays Bank of BARCLAYS BANK OF
Botswana Limited BOTSWANA LTD.
Barclays House, Khama GABORONE
Crescent BIC - XXXXXXXX
Gaborone
BOTSWANA
BIC - XXXXXXXX
BRAZIL Citibank, N.A. CITIBANK, N.A.
Xxxxxxx Xxxxxxxx, 0000 XXX XXXXX
Xxx Xxxxx, XX 00000-000 BIC - XXXXXXXX
BRAZIL
BIC - XXXXXXXX
BULGARIA ING Bank N.V. ING BANK N.V.
Xxxxx Xxxxxx SOFIA
7 Vassil Xxxxxx Xxxxxx XXX - XXXXXXXX
0000 Xxxxx
XXXXXXXX
BIC - XXXXXXXX
CANADA Royal Bank of Canada ROYAL BANK OF CANADA
000 Xxx Xxxxxx, Xxxxx 0000 XXXXXXX
15th Floor BIC - XXXXXXX0
Xxxxx Xxxx Xxxxx, Xxxxx
Xxxxx
Xxxxxxx
Xxxxxxx X0X 0X0
XXXXXX
BIC - ROYCAT2
CHILE Citibank, N.A. CITIBANK, N.A.
Avda. Xxxxxx Xxxxx 2687 XXXXXXXX
3rd and 5th Floors BIC - XXXXXXXX
Santiago
CHILE
BIC - XXXXXXXX
CHINA - SHANGHAI The Hongkong and CITIBANK, N.A.
Shanghai Banking NEW YORK
Corporation Limited BIC - XXXXXX00
00/X, Xxxxxxxx Senmao
International Building
101 Xxx Xxxxx Xxxx Xxxx
Xxxxxx
Xxxxxxxx 000000
THE PEOPLE'S REPUBLIC OF
CHINA
BIC - XXXXXXXX
CHINA - SHENZHEN THE HONGKONG AND SHANGHAI THE CHASE MANHATTAN
BANKING CORPORATION LIMITED BANK
0XX XXXXX XXXX XXXX
XXXXXXX XXXXX HOTEL BIC - XXXXXXXX
NO. 1 XXXX XXXX LU
Shenzhen
THE PEOPLE'S REPUBLIC OF
CHINA
BIC - XXXXXXXXXXX
COLOMBIA Cititrust Colombia S.A. SOCIEDAD FIDUCIARIA
Sociedad Fiduciaria FIDUCIARIA, SANTA XX XX
Xxxxxxx 9a No 99-02 BOGOTA
First Floor BIC- XXXXXXXX
Santa Fe de Bogota, D.C.
COLOMBIA
BIC - XXXXXXXX
CITITRUST COLOMBIA S.A.
CROATIA Privredna banka Zagreb PRIVREDNA BANKA ZAGREB
d.d. D.D.
Xxxxxx x.00 XXXXXX
00000 Xxxxxx XXX - XXXXXX0X
XXXXXXX
BIC - XXXXXX0X
CYPRUS The Cyprus Popular Bank CYPRUS POPULAR BANK
Ltd. NICOSIA
000 Xxxxxxxx Xxxxxx XXX - XXXXXX0X
X.X. Xxx 00000
XX-0000 Xxxxxxx,
XXXXXX
BIC - XXXXXX0X
CZECH REPUBLIC Ceskoslovenska Obchodni CESKOSLOVENSKA OBCHODNI
Banka, A.S. BANKA, A.S.
Xx Xxxxxxx 00 X.X, XXXXXX
000 00 Xxxxxx 0 BIC - XXXXXXXX
CZECH REPUBLIC
BIC - XXXXXXXX
DENMARK DANSKE BANK A/S XXXXXXX X/X
0-00 Xxxxxxx Xxxxx XXXXXXXXXX
XX 0000 Copenhagen K BIC - XXXXXXXX
DENMARK
BIC - XXXXXXXX
ECUADOR Citibank, N.A. CITIBANK, N.A.
Av. Republica de El XXXXX
Xxxxxxxx y
Naciones Unidas BIC - XXXXXXX0
(Esquina)
Quito
ECUADOR
BIC - XXXXXXX0
EGYPT Citibank, N.A. CITIBANK, N.A.
4 Xxxxx Xxxxx Street CAIRO
Garden City BIC - XXXXXXXX
Cairo
EGYPT
BIC - XXXXXXXX
ESTONIA Hansabank ESTI UHISPANK
Liivalaia 0 XXXXXXX
XX0000 Xxxxxxx XXX - XXXXXX0X
XXXXXXX
BIC - XXXXXX0X
FINLAND Xxxxxx Bank Plc CHASE MANHATTAN BANK AG
2598 Custody Services FRANKFURT
Xxxxxxx Xxxxx Katu 3-5 BIC - XXXXXXXX
FIN-00020 XXXXXX,
Helsinki
FINLAND
BIC - XXXXXXXX
FRANCE BNP PARIBAS X.X. XXXXX MANHATTAN BANK AG
Xxx 000 XXXXXXXXX
XX 000 BIC - XXXXXXXX
0, Xxx X'Xxxxx
00000 Xxxxx
Xxxxx 00
XXXXXX
XXX - XXXXXXXX
XXXXXXX DRESDNER BANK XX XXXXX MANHATTAN BANK AG
Xxxxxxx-Xxxxx-Xxxxx 0 XXXXXXXXX
00000 Xxxxxxxxx/Xxxx BIC - XXXXXXXX
GERMANY
BIC - XXXXXXXX
GHANA Barclays Bank of Ghana BARCLAYS BANK OF GHANA
Limited LTD
Barclays House, High ACCRA
Street
Accra BIC - XXXXXXXX
GHANA
BIC - XXXXXXXX
GREECE HSBC Bank PLC CHASE MANHATTAN BANK XX
0, Xxxxxxxxxxx Xxxxxx XXXXXXXXX
000 00 Athens BIC - XXXXXXXX
GREECE
BIC - XXXXXXXX
HONG KONG The Hongkong and Shanghai Banking THE CHASE MANHATTAN BANK
Corporation Limited HONG KONG
36th Floor, Sun Hung Kai BIC - XXXXXXXXX
Xxxxxx
00 Xxxxxxx Xxxx
Xxx Xxxx
XXXX XXXX
BIC - XXXXXXXX
HUNGARY Citibank Rt. CITIBANK RT.
Szabadsag ter 0-0 XXXXXXXX
X-0000 Xxxxxxxx V BIC - XXXXXXXX
HUNGARY
BIC - XXXXXXXX
INDIA THE HONGKONG AND THE HONGKONG AND
SHANGHAI BANKING
Corporation Limited SHANGHAI BANKING
Xxxxx Xxxx Xxxxx Xxxx, CORPORATION LIMITED
Worli
Xxxxxx 000 000 XXXXXX
XXXXX BIC - XXXXXXXX
BIC - XXXXXXXX
INDONESIA The Hongkong and STANDARD CHARTERED BANK
Shanghai Banking
Corporation Limited JAKARTA
World Trade Center BIC - XXXXXXXX
Xx. Xxxx Xxxxxxxx Xxx.
00-00
Xxxxxxx 00000
XXXXXXXXX
BIC - XXXXXXXX
IRELAND Bank of Ireland CHASE MANHATTAN BANK AG
International Financial FRANKFURT
Services Centre
0 Xxxxxxxxxxxxx Xxxxx XXX - XXXXXXXX
Xxxxxx 0
IRELAND
BIC - XXXXXX0X
ISRAEL Bank Leumi le-Israel BANK LEUMI LE-ISRAEL
B.M. B.M.
00, Xxxxxx Xxxxxx Xxxxxx XXX XXXX
00000 Xxx Xxxx XXX - XXXXXXXX
XXXXXX
XXX - XXXXXXXX
XXXXX BNP PARIBAS X.X. XXXXX MANHATTAN BANK AG
2 Piazza San Xxxxxx FRANKFURT
20121 Milan BIC - XXXXXXXX
ITALY
BIC - XXXXXXXX
IVORY COAST Societe Generale de SOCIETE GENERALE
Banques en Cote
d'Ivoire PARIS
5 et 7, Avenue J. Anoma - 01 B.P. 1355 BIC - XXXXXXXX
Abidjan 01
IVORY COAST
JAMAICA CIBC TRUST AND MERCHANT CIBC TRUST AND MERCHANT
BANK BANK
Jamaica Limited JAMAICA LIMITED
00-00 Xxxxxxxxx Xxxx. XXXXXXXX
Xxxxxxxx 10 BIC - XXXXXXXX
JAMAICA
BIC - XXXXXXXX
JAPAN The Fuji Bank, Limited THE CHASE MANHATTAN
BANK
0-0 Xxxxxxxxxx-Xxxxxxxxx XXXXX
Xxxx-Xx XXX - XXXXXXXX
Xxxxx 000
XXXXX
BIC - XXXXXXXX
JORDAN Arab Bank Plc ARAB BANK PLC
P O Box 950544-5 AMMAN
Amman BIC - XXXXXXXX
Shmeisani
JORDAN
BIC - XXXXXXXX
KAZAKHSTAN ABN AMRO BANK KAZAKHSTAN ABN AMRO BANK
45, Khadzhi Mukana KAZAKHSTAN, ALMATY
Street
480099 Almaty BIC - XXXXXXXX
KAZAKHSTAN
BIC - XXXXXXXX
KENYA Barclays Bank of Kenya BARCLAYS BANK OF KENYA
Limited LTD
c/o Barclaytrust NAIROBI
Investment Services
& Limited BIC - XXXXXXXX
Mezzanine 0, Xxxxxxxx
Xxxxx, Xxxxx Xxxxxx
Xxxxxxx
XXXXX
XXX - XXXXXXXX
XXXXXX A/S HANSABANKA A/S HANSABANKA
Kalku iela 26 XXXX
Xxxx, XX 0000 XXX - XXXXXX00
XXXXXX
BIC - XXXXXX00
LEBANON HSBC Bank Middle East THE CHASE MANHATTAN
BANK
Ras-Beirut Branch NEW YORK
P.O. Box 11-1380 BIC - XXXXXX00
Xxxxx Xxxx
Ras-Beirut
LEBANON
BIC - XXXXXXXX
LITHUANIA Vilniaus Bankas AB VILNIAUS BANKAS AB
Xxxxxxxx xxx. 00-000 XXXXXXX
LT 2662 Vilnius BIC - XXXXXX0X
XXXXXXXXX
XXX - XXXXXX0X
XXXXXXXXXX Banque Generale du CHASE MANHATTAN BANK AG
Luxembourg S.A. FRANKFURT
50 Avenue X.X. Xxxxxxx BIC - XXXXXXXX
X-0000
XXXXXXXXXX
BIC - XXXXXXXX
MALAYSIA The Chase Manhattan Bank THE CHASE MANHATTAN
(M) Berhad BANK (M)
Menara Dion, Xxxxx 00 XXXXXX, XXXXX XXXXXX
Jalan Sultan Ismail BIC - XXXXXXXX
00000, Xxxxx Xxxxxx
MALAYSIA
BIC - XXXXXXXX
MAURITIUS THE HONGKONG AND THE HONGKONG AND SHANGHAI
SHANGHAI BANKING BANKING CORPORATION LIMITED
CORPORATION LIMITED XXXX XXXXX
0/X XXX XXXXXXXX XXX - XXXXXXXX
BUILDING
XXXXX XXXXXX STREET
PORT LOUIS
MAURITIUS
BIC - XXXXXXXX
MEXICO CHASE MANHATTAN BANK CHASE MANHATTAN BANK,
MEXICO, S.A. MEXICO,
TORRE OPTIMA S.A. MEXICO, D.F
PASEO DE LAS PALMAS #405 BIC - XXXXXXXX
PISO 00
XXXXX XX XXXXXXXXXXXX
0000 XXXXXX, X.X
XXXXXX
BIC - XXXXXXXX
MOROCCO Banque Commerciale du BANQUE COMMERCIALE DU
Maroc S.A. MAROC
2 Boulevard Moulay S.A. CASABLANCA
Youssef BIC - XXXXXXXX
Casablanca 20000
MOROCCO
BIC - XXXXXXXX
NAMIBIA STANDARD BANK NAMIBIA STANDARD CORPORATE &
LIMITED Merchant
MUTUAL PLATZ BANK, JOHANNESBURG
CNR. XXXXXXXX AND POST
STREETS
X.X.XXX 0000
XXXXXXXX
XXXXXXX
XXX - XXXXXXXX
XXXXXXXXXXX ABN AMRO N.V. CHASE MANHATTAN BANK AG
Kemelstede 2 FRANKFURT
P. O. Box 3200 BIC - XXXXXXXX
0000 Xx Xxxxx
XXXXXXXXXXX
XXX - XXXXXX0X
XXX XXXXXXX National Nominees NATIONAL BANK OF NEW
Limited ZEALAND
Xxxxx 0 XXX Xxxxx XXXXXXXXXX
000 Xxxxx Xxxxxx XXX - XXXXXX00
Xxxxxxxx
XXX XXXXXXX
BIC - XXXXXX00
*NIGERIA* Stanbic Merchant Bank STANDARD BANK OF SOUTH
Nigeria Limited Africa
000 Xxxxxxx Xxxx XXXXXXXXXXXX
X.X. Xxx 00000 XXX - XXXXXXXX
Xxxxxx, Xxxxx
Xxxxx
XXXXXXX
BIC - XXXXXXXX
NORWAY Den Norske Bank ASA DEN XXXXXX XXXX XXX
Xxxxxxxx 00 XXXX
PO Box 1171 Sentrum BIC - XXXXXXXX
X-0000 Xxxx
NORWAY
BIC - XXXXXXXX
OMAN HSBC Bank Middle East OMAN ARAB BANK
Bait Al Falaj Main MUSCAT
Office BIC - XXXXXXXX
Ruwi, Muscat PC 112
OMAN
BIC - XXXXXXXX
PAKISTAN Deutsche Bank AG DEUTSCHE BANK AG
Unitowers KARACHI
X.X. Xxxxxxxxxx Xxxx XXX - XXXXXXXX
Xxxxxxx 00000
XXXXXXXX
BIC - XXXXXXXX
PERU Citibank, N.A. BANCO DE CREDITO DEL
Camino Real 457 PERU
Torre Real - 5th Floor LIMA
San Xxxxxx, Lima 00 XXX - XXXXXXXX
XXXX
XXX - XXXXXXX0
XXXXXXXXXXX THE HONGKONG AND THE HONGKONG AND
SHANGHAI BANKING SHANGHAI
CORPORATION LIMITED BANKING CORPORATION
CUSTODY AND CLEARING LIMITED
00/X XXXXXXXXX XXXXXX XXXXXX
25 ADB AVENUE BIC - XXXXXXXX
ORTIGAS CENTER
PASIG CITY
PHILIPPINES
BIC - XXXXXXXX
POLAND Bank Handlowy w. BANK ROZWOJU EKSPORTU S.A.
Warszawie S.A. WARSAW
xx. Xxxxxxxxxx 00 XXX - XXXXXXXX
00-000 Xxxxxx
XXXXXX
BIC - XXXXXXXX
PORTUGAL Banco Espirito Xxxxx x XXXXX MANHATTAN BANK AG
Comercial de FRANKFURT
Lisboa, S.A. BIC - XXXXXXXX
Xxx Xxxxxxxx xx
Xxxxxxxx, 00 X/x
0000 Xxxxxx
XXXXXXXX
BIC - XXXXXXXX
ROMANIA ABN AMRO Bank (Romania) ABN AMRO BANK (ROMANIA)
S.A. S.A. BUCHAREST
World Trade Centre BIC - XXXXXXXX
Building-E, 2nd Floor
Bld. Xxxxxxxxxx Xx. 0
00000 Xxxxxxxxx 0
XXXXXXX
BIC - XXXXXXXX
*RUSSIA* Chase Manhattan Bank THE CHASE MANHATTAN
International Bank
1st Tverskaya - Yamskaya, 23 NEW YORK
125047 Moscow A/C THE CHASE MANHATTAN
RUSSIA BANK
BIC - XXXXXXXX LONDON (US$ NOSTRO
ACCOUNT)
BIC - XXXXXX00
SINGAPORE STANDARD CHARTERED BANK OVERSEA-CHINESE BANKING
3/F, 6 BATTERY ROAD CORPORATION
000000 XXXXXXXXX
XXXXXXXXX BIC - XXXXXXXX
BIC - XXXXXXXX
SLOVAK REPUBLIC CESKOSLOVENSKA OBCHODNI CESKOSLOVENSKA OBCHODNI
BANKA, A.S. XXXXX,
XXXXXXXXX 00 A.S. XXXXXXXXXX
000 00 XXXXXXXXXX XXX - XXXXXXXX
XXXXXX XXXXXXXX
BIC - XXXXXXXX
SLOVENIA BANK AUSTRIA BANK AUSTRIA
CREDITANSTALT D.D. CREDITANSTALT D.D.
LJUBLJANA XXXXXXXXX
XXXXXXXXX 0 XXX - XXXXXX00
XX-00000 XXXXXXXXX
XXXXXXXX
BIC - XXXXXX00
SOUTH AFRICA The Standard Bank of STANDARD CORPORATE &
South Africa Limited Merchant
Standard Bank Centre BANK, JOHANNESBURG
0xx Xxxxx
0 Xxxxxxxx Xxxxxx
Xxxxxxxxxxxx 0000
XXXXX XXXXXX
SOUTH KOREA THE HONGKONG AND THE HONGKONG AND
SHANGHAI BANKING SHANGHAI
CORPORATION LIMITED BANKING CORPORATION
5/F HSBC BUILDING LIMITED
#25, BONGRAE-DONG 1-GA SEOUL
SEOUL BIC - XXXXXXXX
SOUTH KOREA
BIC - XXXXXXXX
SPAIN Chase Manhattan Bank CHASE MANHATTAN BANK AG
CMB, S.A. FRANKFURT
Paseo de la Castellana, BIC - XXXXXXXX
00
00000 Xxxxxx
XXXXX
BIC - JP MORGANSMX
SRI LANKA The Hongkong and THE HONGKONG AND
Shanghai Banking SHANGHAI
Corporation Limited BANKING CORPORATION
Unit #02-02, West Block LIMITED
Podium COLOMBO
World Trade Center BIC - XXXXXXXX
Xxxxxxx 0
XXX XXXXX
BIC - XXXXXXXX
SWEDEN SKANDINAVISKA ENSKILDA SVENSKA HANDELSBANKEN
BANKEN STOCKHOLM
SERGELS TORG 2 BIC - XXXXXXXX
XX-000 00 XXXXXXXXX
XXXXXX
BIC - XXXXXXXX
SWITZERLAND UBS AG UBS AG
45 Xxxxxxxxxxxxxx XXXXXX
0000 Xxxxxx BIC - XXXXXXXX
SWITZERLAND
BIC - XXXXXXXX
TAIWAN The Chase Manhattan Bank THE CHASE MANHATTAN
14th Floor BANK
2, Tun Hwa S. Road Sec. TAIPEI
0 XXX - XXXXXXXX
Xxxxxx
XXXXXX
XXX - XXXXXXXX
XXXXXXXX STANDARD CHARTERED BANK STANDARD CHARTERED BANK
14TH FLOOR, ZONE B BANGKOK
SATHORN NAKORN TOWER BIC - XXXXXXXX
000 XXXXX XXXXXXX XXXX
XXXXXXX, XXXXXXX 00000
THAILAND
BIC - XXXXXXXX
TUNISIA BANQUE INTERNATIONALE BANQUE INTERNATIONALE
ARABE DE TUNISIE, S.A. Arabe de
00-00 XXXXXX XXXXX TUNISIE, S.A., TUNIS
BOURGUIBA BIC - XXXXXXXX
X.X. XXX 000
0000 XXXXX XXXXX
XXXXXXX
BIC - XXXXXXXX
TURKEY The Chase Manhattan Bank THE CHASE MANHATTAN
Emirhan Cad. No: 145 BANK
Atakule, A Blok Kat:11 ISTANBUL
80700-Dikilitas/Besiktas BIC - CHASTRIS
Istanbul
TURKEY
BIC - CHASTRIS
*UKRAINE* ING Bank Ukraine ING BANK XXXXXXX
00 Xxxxxxxxxx Xxxxxx KIEV
0xx Xxxxx XXX - XXXXXXXX
Xxxx, 000000
XXXXXXX
BIC - XXXXXXXX
U.K. The Chase Manhattan Bank NATIONAL WESTMINSTER
Xxxxxx Court BANK
Ground Floor LONDON
00 Xxxxxxxxxxx XXX - XXXXXX0X
Xxxxxx XX0X 0XX
XXXXXX XXXXXXX
BIC - XXXXXX0X
URUGUAY BANKBOSTON, N.A. BANKBOSTON, X.X.
XXXXXX 1463 MONTEVIDEO
MONTEVIDEO BIC - XXXXXXXX
URUGUAY
BIC - XXXXXXXX
U.S.A. The Chase Manhattan Bank THE CHASE MANHATTAN
4 New York Plaza BANK
New York XXX XXXX
XX 00000 BIC - XXXXXX00
U.S.A.
BIC - XXXXXX00
VENEZUELA Citibank, N.A. CITIBANK, N.A.
Carmelitas a Xxxxxxxxxx CARACAS
Edificio Xxxxxxxx XXX - XXXXXXX0
Xxxxxxx 0000
XXXXXXXXX XXX - XXXXXXX0
XXXXXX Barclays Bank of Zambia BARCLAYS BANK OF ZAMBIA
Limited LTD
Xxxxx Xxxxx, Xxxxx Xxxx XXXXXX
Xxxxxx XXXXXX BIC - XXXXXXXX
BIC - XXXXXXXX
ZIMBABWE Barclays Bank of BARCLAYS BANK OF
Zimbabwe Limited ZIMBABWE LTD
0xx Xxxxx, 0 Xxxxxx XXXXXX
Xxxxx XXX - XXXXXXXX
Xxxxx Xxxx Avenue
Harare ZIMBABWE BIC -
XXXXXXXX
* RESTRICTED SERVICE ONLY. PLEASE CONTACT YOUR RELATIONSHIP MANAGER FOR
FURTHER INFORMATION
SCHEDULE B
COUNTRY DEPOSITORY INSTRUMENTS
ARGENTINA CVSA EQUITY, CORPORATE DEBT,
(CAJA DE VALORES S.A.) GOVERNMENT DEBT
ARGENTINA CRYL GOVERNMENT DEBT
(CENTRAL DE REGISTRATION Y
LIQUIDACION DE
INSTRUMENTOS DE
ENDEUDAMIENTO PUBLICO)
AUSTRALIA AUSTRACLEAR LIMITED CORPORATE DEBT, MONEY MARKET,
SEMI-GOVERNMENT DEBT
AUSTRALIA CHESS EQUITY
(CLEARING HOUSE ELECTRONIC
SUB-REGISTER SYSTEM)
AUSTRALIA RITS GOVERNMENT DEBT
(RESERVE BANK OF
AUSTRALIA/RESERVE BANK
INFORMATION AND TRANSFER
SYSTEM)
AUSTRIA OEKB EQUITY, CORPORATE DEBT,
(OESTERREICHISCHE GOVERNMENT DEBT
KONTROLLBANK AG)
BELGIUM CIK EQUITY, CORPORATE DEBT
(CAISSE INTERPROFESSIONNELLE DE
DEPOTS ET DE VIREMENTS DE TITRES S.A.)
XXXXXXX XXX CORPORATE DEBT, GOVERNMENT
(NATIONAL BANK OF BELGIUM) DEBT
BRAZIL CBLC EQUITY
(COMPANHIA BRASILEIRA
DE LIQUIDACAO E CUSTODIA)
BRAZIL CETIP CORPORATE DEBT
(CENTRAL DE CUSTODIA E LIQUIDACAO
FINANCIERA DE TITULOS PRIVADOS)
BRAZIL SELIC GOVERNMENT DEBT
(SISTEMA ESPECIAL DE LIQUIDACAO E
CUSTODIA)
BULGARIA BNB GOVERNMENT DEBT
(BULGARIA NATIONAL BANK)
BULGARIA CDAD EQUITY, CORPORATE DEBT
(CENTRAL DEPOSITORY A.D.)
CANADA CDS EQUITY, CORPORATE, GOVERNMENT
(THE CANADIAN DEPOSITORY DEBT
FOR SECURITIES LIMITED)
CHILE DCV EQUITY, CORPORATE DEBT,
(DEPOSITO CENTRAL DE GOVERNMENT DEBT
VALORES S.A.)
CHINA, SSCCRC EQUITY
SHANGHAI (SHANGHAI SECURITIES
CENTRAL CLEARING AND
REGISTRATION CORPORATION)
CHINA, SSCC EQUITY
SHENZHEN (SHENZHEN SECURITIES
CLEARING COMPANY, LIMITED)
COLOMBIA DCV GOVERNMENT DEBT
(DEPOSITO CENTRAL DE
VALORES)
COLOMBIA DECEVAL EQUITY, CORPORATE DEBT,
(DEPOSITO CENTRALIZADO DE GOVERNMENT DEBT
VALORES DE COLOMBIA S.A.)
CROATIA SDA EQUITY, GOVERNMENT DEBT
(CENTRAL DEPOSITORY AGENCY
INC. - STREDISNJA
DEPOZITARNA AGENCIJA D.D.)
CROATIA MOF SHORT-TERM DEBT ISSUED BY THE
(MINISTRY OF FINANCE OF MINISTRY OF FINANCE.
THE REPUBLIC OF CROATIA)
CROATIA CNB SHORT-TERM DEBT ISSUED BY THE
(CROATIAN NATIONAL BANK) NATIONAL BANK OF CROATIA.
CZECH SCP EQUITY, CORPORATE DEBT,
REPUBLIC (STREDISKO CENNYCH PAPIRU - GOVERNMENT DEBT
CESKA REPUBLICA)
CZECH CNB GOVERNMENT DEBT
REPUBLIC (CZECH NATIONAL BANK)
DENMARK VP EQUITY, CORPORATE DEBT,
(VAERDIPAPIRCENTRALEN A/S) GOVERNMENT DEBT
EGYPT MCSD EQUITY, CORPORATE DEBT
(MISR FOR CLEARING,
SETTLEMENT AND DEPOSITORY,
S.A.E.)
ESTONIA ECDS EQUITY, CORPORATE DEBT,
(ESTONIAN CENTRAL GOVERNMENT DEBT
DEPOSITORY FOR SECURITIES
LIMITED - EESTI
VAATPABERITE
KESKDEPOSITOORIUM)
FINLAND APK EQUITY, CORPORATE DEBT,
(FINNISH CENTRAL GOVERNMENT DEBT
SECURITIES DEPOSITORY
LIMITED)
FRANCE EUROCLEAR FRANCE EQUITY, CORPORATE DEBT,
GOVERNMENT DEBT
GERMANY CBF EQUITY, CORPORATE DEBT,
(CLEARSTREAM BANKING AG) GOVERNMENT DEBT
GREECE CSD EQUITY, CORPORATE DEBT
(CENTRAL SECURITIES
DEPOSITORY S.A.)
GREECE BOG GOVERNMENT DEBT
(BANK OF GREECE)
HONG KONG HKSCC EQUITY
(HONG KONG SECURITIES
CLEARING COMPANY LIMITED)
HONG KONG CMU CORPORATE DEBT, GOVERNMENT
(CENTRAL MONEYMARKETS DEBT
UNIT)
HUNGARY KELER EQUITY, CORPORATE DEBT, GOVERNMENT DEBT
(CENTRAL CLEARING HOUSE
AND DEPOSITORY (BUDAPEST)
LTD. - KOZPONTI
ELSZAMOLOHAZ ES ERTEKTAR
(BUDAPEST) RT.)
INDIA NSDL EQUITY, CORPORATE DEBT,
(NATIONAL SECURITIES GOVERNMENT DEBT
DEPOSITORY LIMITED)
INDIA CDSL EQUITY
(CENTRAL DEPOSITORY
SERVICES (INDIA) LIMITED)
INDIA RBI GOVERNMENT DEBT
(RESERVE BANK OF INDIA)
INDONESIA KSEI EQUITY, CORPORATE DEBT
(PT KUSTODIAN SENTRAL EFEK
INDONESIA)
IRELAND CREST EQUITY, CORPORATE DEBT
(CRESTCO LIMITED)
ISRAEL TECH EQUITY, CORPORATE DEBT,
(TEL AVIV STOCK EXCHANGE GOVERNMENT DEBT
CLEARING HOUSE)
ITALY MONTE TITOLI S.P.A. EQUITY, CORPORATE DEBT,
GOVERNMENT DEBT
IVORY DC/BR EQUITY
COAST (LE DEPOSITAIRE CENTRAL /
BANQUE DE REGLEMENT)
JAMAICA JCSD EQUITY, CORPORATE DEBT,
(JAMAICA CENTRAL GOVERNMENT DEBT
SECURITIES DEPOSITORY)
JAPAN JASDEC EQUITY, CONVERTIBLE DEBT
(JAPAN SECURITIES
DEPOSITORY CENTER)
JAPAN BOJ REGISTERED GOVERNMENT DEBT
(BANK OF JAPAN)
KAZAHKSTAN CSD EQUITY
(CENTRAL SECURITIES
DEPOSITORY CJSC)
KENYA CBCD GOVERNMENT DEBT
(CENTRAL BANK CENTRAL
DEPOSITORY)
LATVIA LCD EQUITY, CORPORATE DEBT,
(LATVIAN CENTRAL GOVERNMENT DEBT
DEPOSITORY)
LEBANON MIDCLEAR X.X.X. EQUITY
(CUSTODIAN AND CLEARING
CENTER OF FINANCIAL
INSTRUMENTS FOR LEBANON
AND THE MIDDLE EAST
X.X.X.)
LITHUANIA CSDL EQUITY, CORPORATE DEBT,
(CENTRAL SECURITIES GOVERNMENT DEBT
DEPOSITORY OF LITHUANIA)
LUXEMBOURG CBL EQUITY
(CLEARSTREAM BANKING S.A.)
MALAYSIA MCD EQUITY, CORPORATE DEBT
(MALAYSIAN CENTRAL
DEPOSITORY SDN. BHD.)
MALAYSIA BNM GOVERNMENT DEBT
(BANK NEGARA MALAYSIA)
MAURITIUS CDS EQUITY, CORPORATE DEBT
(CENTRAL DEPOSITORY AND
SETTLEMENT COMPANY
LIMITED)
MEXICO INDEVAL EQUITY, CORPORATE DEBT,
(S.D. INDEVAL S.A. DE GOVERNMENT DEBT
C.V.)
MOROCCO MAROCLEAR EQUITY, CORPORATE DEBT,
GOVERNMENT DEBT
NETHERLANDS NECIGEF EQUITY, CORPORATE DEBT,
(NEDERLANDS CENTRAAL GOVERNMENT DEBT
INSITUUT VOOR GIRAAL
EFFECTENVERKEER B.V.)
NEW NZCSD EQUITY, CORPORATE DEBT,
ZEALAND (NEW ZEALAND CENTRAL GOVERNMENT DEBT
SECURITIES DEPOSITORY)
NIGERIA CSCS EQUITY, CORPORATE DEBT,
(CENTRAL SECURITIES GOVERNMENT DEBT
CLEARING SYSTEM LIMITED)
NORWAY VPS EQUITY, CORPORATE DEBT,
(VERDIPAPIRSENTRALEN) GOVERNMENT DEBT
OMAN MDSRC EQUITY, CORPORATE DEBT
(THE MUSCAT DEPOSITORY AND
SECURITIES REGISTRATION
COMPANY, S.A.O.C.)
PAKISTAN CDC EQUITY, CORPORATE DEBT
(CENTRAL DEPOSITORY
COMPANY OF PAKISTAN
LIMITED)
PAKISTAN SBP GOVERNMENT DEBT
(STATE BANK OF PAKISTAN)
PERU CAVALI EQUITY, CORPORATE DEBT,
(CAVALI ICLV S.A.) GOVERNMENT DEBT
PHILIPPINES PCD EQUITY
(PHILIPPINE CENTRAL
DEPOSITORY, INC.)
PHILIPPINES XXXX GOVERNMENT DEBT
(BANGKO SENTRAL NG
PILIPINAS / REGISTER OF
SCRIPLESS SECURITIES)
POLAND NDS EQUITY, LONG-TERM GOVERNMENT
(NATIONAL DEPOSITORY FOR DEBT
SECURITIES S.A.)
POLAND CRT SHORT-TERM GOVERNMENT DEBT
(CENTRAL REGISTRY OF
TREASURY-BILLS)
PORTUGAL INTERBOLSA EQUITY, CORPORATE DEBT,
(SOCIEDADE GESTORA DE GOVERNMENT DEBT
SISTEMAS DE LIQUIDACAO E DE SISTEMAS
CENTRALIZADOS DE VALORES MOBILIARIOS,
S.A.)
ROMANIA SNCDD EQUITY
(NATIONAL COMPANY FOR
CLEARING, SETTLEMENT AND
DEPOSITORY FOR SECURITIES)
ROMANIA BSE EQUITY
(BUCHAREST STOCK EXCHANGE)
RUSSIA VTB EQUITY, CORPORATE DEBT,
(VNESHTORGBANK) GOVERNMENT DEBT (MINISTRY OF
FINANCE BONDS)
RUSSIA NDC EQUITY, CORPORATE DEBT,
(NATIONAL DEPOSITORY GOVERNMENT DEBT
CENTRE)
SINGAPORE CDP EQUITY, CORPORATE DEBT
(THE CENTRAL DEPOSITORY
(PTE) LIMITED)
SINGAPORE MAS GOVERNMENT DEBT
(MONETARY AUTHORITY OF
SINGAPORE)
SLOVAK SCP EQUITY, CORPORATE DEBT,
REPUBLIC (STREDISKO CENNYCH GOVERNMENT DEBT
PAPIEROV SR BRATISLAVA,
A.S.)
SLOVAK NBS GOVERNMENT DEBT
REPUBLIC (NATIONAL BANK OF
SLOVAKIA)
SLOVENIA KDD EQUITY, CORPORATE DEBT,
(CENTRALNA KLIRINSKO GOVERNMENT DEBT
DEPOTNA XXXXXX X.X.)
SOUTH CDL CORPORATE DEBT, GOVERNMENT
AFRICA (CENTRAL DEPOSITORY (PTY) DEBT
LIMITED)
SOUTH STRATE EQUITY
AFRICA (SHARE TRANSACTIONS
TOTALLY ELECTRONIC)
SOUTH KSD EQUITY, CORPORATE DEBT,
KOREA (KOREA SECURITIES GOVERNMENT DEBT
DEPOSITORY)
SPAIN SCLV EQUITY, CORPORATE DEBT
(SERVICIO DE COMPENSACION
Y LIQUIDACION DE VALORES,
S.A.)
SPAIN CBEO GOVERNMENT DEBT
(BANCO DE ESPANA / CENTRAL
BOOK ENTRY OFFICE)
SRI LANKA CDS EQUITY, CORPORATE DEBT
(CENTRAL DEPOSITORY SYSTEM
(PRIVATE) LIMITED)
SWEDEN VPC EQUITY, CORPORATE DEBT,
(VARDEPAPPERSCENTRALEN AB) GOVERNMENT DEBT
SWITZERLAND SIS EQUITY, CORPORATE DEBT,
(SIS SEGAINTERSETTLE AG) GOVERNMENT DEBT
TAIWAN TSCD EQUITY, GOVERNMENT DEBT
(TAIWAN SECURITIES CENTRAL
DEPOSITORY CO., LTD.)
THAILAND TSD EQUITY, CORPORATE DEBT,
(THAILAND SECURITIES GOVERNMENT DEBT
DEPOSITORY COMPANY
LIMITED)
TRANSNATIONAL DCC EURO-CDS
(THE DEPOSITORY AND
CLEARING CENTRE)
TRANSNATIONAL CBL INTERNATIONALLY TRADED DEBT,
(CLEARSTREAM BANKING, S.A.) EQUITY
TRANSNATIONAL EUROCLEAR INTERNATIONALLY TRADED DEBT,
EQUITY
TUNISIA STICODEVAM EQUITY, CORPORATE DEBT,
(SOCIETE TUNISIENNE INTERPROFESSIONNELLE GOVERNMENT DEBT
POUR LA COMPENSATION ET LE
DEPOT DES VALEURS MOBILIERES)
TURKEY TAKASBANK EQUITY, CORPORATE DEBT,
(IMKB TAKAS VE SAKLAMA BANKASI A.S.) GOVERNMENT DEBT
UNITED DFM EQUITY, CORPORATE DEBT,
ARAB (DUBAI FINANCIAL MARKET GOVERNMENT DEBT
EMIRATES CLEARING HOUSE)
UNITED CREST EQUITY, CORPORATE DEBT,
KINGDOM (CRESTCO LIMITED) GOVERNMENT DEBT
UNITED CMO STERLING & EURO CDS,
KINGDOM (CENTRAL MONEYMARKETS COMMERCIAL PAPER
OFFICE)
UNITED DTC EQUITY, CORPORATE DEBT
STATES (DEPOSITORY TRUST COMPANY)
UNITED PTC MORTGAGE BACK DEBT
STATES (PARTICIPANTS TRUST
COMPANY)
UNITED FED GOVERNMENT DEBT
STATES (THE FEDERAL RESERVE BOOK-ENTRY SYSTEM)
VENEZUELA BCV GOVERNMENT DEBT
(BANCO CENTRAL DE
VENEZUELA)
VENEZUELA CVV EQUITY, CORPORATE DEBT, MONEY
(CAJA VENEZOLANA DE MARKET
VALORES, S.A.)
VIETNAM SCC EQUITY, CORPORATE DEBT,
(SECURITIES CUSTODY CENTRE) GOVERNMENT DEBT
ZAMBIA CSD EQUITY, GOVERNMENT DEBT
(XXXX CENTRAL SHARES
DEPOSITORY LIMITED)
ELIGIBLE SECURITIES DEPOSITORIES
ZAMBIA BOZ GOVERNMENT DEBT
(BANK OF ZAMBIA)
