| Issuer: | Export Development Canada / Exportation et développement Canada | |||
| Title: | 2.625% US Dollar Bonds due March 15, 2011 | |||
| Ratings: | AAA/Aaa/AAA (S&P, Moodys, DBRS) | |||
| Format: | SEC Registered | |||
| Size: | $1,250,000,000 | |||
| Trade Date: | January 24, 2008 | |||
| Settlement Date: | January 31, 2008 | |||
| Maturity Date: | March 15, 2011 | |||
| Callable: | No, unless any change in the laws or regulations of Canada that would require the payment by EDC of additional amounts on the bonds | |||
| Interest Payment Dates: | March 15thand September 15th; Short First Coupon | |||
| First Payment Date: | March 15, 2008 | |||
| Yield to Maturity: | 2.765% | |||
| Coupon: | 2.625% | |||
| Price: | 99.585% | |||
| Day Count: | 30/360 | |||
| Specified Currency | United States Dollars (“$”) | |||
| Minimum Denomination: | $5,000 and increments of $5,000 in excess thereof | |||
| Listing: | Luxembourg Euro MTF Market | |||
| Status: | The bonds will carry the full faith and credit of Canada. The payment of the principal of and interest on the bonds will constitute a charge on and be payable out of the Consolidated Revenue Fund of Canada | |||
| Governing Law: | Province of Ontario / Canada | |||
| Business Days: | New York, London, Toronto | |||
| Representatives: | BNP Paribas Securities Corp., HSBC Securities (USA) Inc., RBC Capital Markets Corporation and The Toronto-Dominion Bank | |||
| Co-managers: | Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC J.P. Morgan Securities Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated Mizuho International plc Morgan Stanley Scotia Capital (USA) Inc. Shinkin International Ltd. | |||
| Billing and Delivering: | BNP Paribas Securities Corp. | |||
| Cusip # ISIN # | CUSIP: 30216B BD3 | |||
| ISIN: US30216BBD38 | ||||
| Reference Document: | Prospectus Supplement subject to completion, dated January 24, 2008; Prospectus dated January 15, 2008; | |||
| http://www.sec.gov/Archives/edgar/data/276328/000120621208000012/m39075ore424b2.htm. | ||||
| Legend: | This communication is intended for the sole use of the person to whom it is provided by us. | |||
| The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-854-5674 for BNP Paribas, 1-866-811-8049 for HSBC, 1-866-375-6829 for RBC Capital Markets Corporation or 1-800-263-5292 for The Toronto-Dominion Bank. | ||||
