TERMS AGREEMENT NO. 538-01-1 under the ASIAN DEVELOPMENT BANK GLOBAL MEDIUM- TERM NOTE PROGRAMTerms Agreement • May 7th, 2010 • Asian Development Bank • Foreign governments
The undersigned manager The Toronto-Dominion Bank (the “Manager”) agrees to purchase from the Asian Development Bank (“ADB”) its BRL50,000,000 9.25 per cent. Notes due 30 April 2013 payable in United States dollars (the “Notes”) (to be consolidated and form a single series with the BRL225,000,000 9.25 per cent. Notes due 30 April 2013 payable in United States dollars issued on 30 April 2010) described in the pricing supplement dated as of the date hereof relating thereto (the “Pricing Supplement”) and the related Prospectus dated 20 July 2005 (the “Prospectus”) at 10:00 a.m., London time, on 11 May 2010 (the “Settlement Date”) at an aggregate purchase price of U.S.$28,421,952.29 on the terms set forth herein and in the Standard Provisions dated as of 17 May 2004 (the “Standard Provisions”) relating to the issuance of Notes by ADB. The Standard Provisions are incorporated herein by reference, except that all references therein to the Prospectus shall be deemed to refer to the Prospectus
