INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. AND DEUTSCHE BANK TRUST COMPANY AMERICAS, As Depositary AND HOLDERS AND BENEFICIAL OWNERS FROM TIME TO TIME OF AMERICAN DEPOSITARY RECEIPTS EVIDENCING AMERICAN DEPOSITARY SHARES Deposit Agreement Dated...Deposit Agreement • January 24th, 2011 • Deutsche Bank Trust Co Americas/ ADR Group • New York
PARTIES 1 RECITALS 1 Section 1. Certain Definitions 1 (a) ADR Register 1 (b) ADRs 1 (c) ADSs 1 (d) Beneficial Owner 1 (e) Bylaws 2 (f) CDI 2 (g) CREST 2 (h) Custodian 2 (i) Deliver, execute, issue, et al 2 (j) Delivery Order 2 (k) Deposited Securities 2 (l) Direct Registration ADR 2 (m) Direct Registration System 2 (n) DTC 2 (o) DTC Participant 2 (p) Holder 2 (q) Pre-released ADRs 2 (r) Securities Act of 1933 2 (s) Securities Exchange Act of 1934 3 (t) Shares 3 (u) Transfer Office 3 (v) Withdrawal Order 3 Section 2. Form of ADR Incorporation By Reference 3 Section 3. Deposit of Shares 5 Section 4. Issue of ADRs Section 5. Distributions on Deposited Securities; Conversion of Foreign Currency 5 Section 6. Substitution of ADRs 6 Section 7. Cancellation and Destruction of ADRs 6 Section 8. The Custodian 6 Section 9. Co-Registrars and Co-Transfer Agents 7 Section 10. Lists of Holders 7 Section 11. Depositary's Agents 7 Section 12. Successor Depositary 8 Section 13. Reports 8 Section 14. Add
