ISDA CREDIT DERIVATIVES DETERMINATIONS COMMITTEES

administration for others of proceedings in the field of credit derivatives transactions and providing information concerning the results of these proceedings, namely, proceedings to determine whether events of default specified in credit derivatives transactions have occurred that trigger an obligation to pay, whether auctions should be held to establish the amounts to be paid in settlement of such obligations and whether events of succession, such as mergers and acquisitions, have occurred; providing and publishing terms and conditions governing auctions to establish the amounts to be paid in settlement of credit derivatives obligations; providing planning and guidance for others in the field of credit derivatives