Each payment of principal and/or interest will be made to the Persons who are registered Holders of the Notes at the close of business of the date which is fifteen calendar days immediately preceding the applicable Payment Date (whether or not a Business Day). // Augen auf beim Kauf des PDVSA Sinkers 2017......

Principal, Maturity and Interest The Issuer will issue the Notes in fully registered form without coupons. The Notes will have minimum denominations of U.S. $100 and integral multiples of U.S. $100 in excess thereof. The Notes will be issued for an initial aggregate principal amount of U.S. $3,000,000,000, but the Issuer may issue an unlimited principal amount of Notes under the Indenture, subject to the limitations set forth therein. The Notes will mature on November 2, 2017, unless earlier redeemed in accordance with the terms of the Notes. See “Redemption” below. Interest on the Notes will accrue at the rate of 8.5% per annum and will be due and payable in cash semi-annually in arrears on each May 2 and November 2, commencing on May 2, 2011 (each an “Interest Payment Date”). Principal payments on the Notes will be payable in three equal installments. The first principal installment will be payable on November 2, 2015, the second will be payable on November 2, 2016 and the third will be payable on the maturity date (each a “Principal Payment Date,” and together with the Interest Payment Dates, the “Payment Dates”). For the avoidance of doubt, if any such Payment Date is not a Business Day, such Payment Date will be the next succeeding Business Day. Each payment of principal and/or interest will be made to the Persons who are registered Holders of the Notes at the close of business of the date which is fifteen calendar days immediately preceding the applicable Payment Date (whether or not a Business Day). Interest on the Notes will accrue from the most recent date to which interest has been paid or, if no interest has been paid, from and including the Issue Date. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months.