At the same time, the Company is also launching tender offers" (the Tender Offers") to purchase the following hybrid notes (together", the Targeted Hybrid Notes... The tender offer for the Euro Notes is not being made and will not be made directly or indirectly in or into, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of, or of any facilities of a national securities exchange of, the United States to owners of the Euro Notes who are located in the United States as defined in Regulation S of the U S Securities Act of 1933 (as amended", the Securities Act") or to U S Persons as defined in Regulation S of the Securities Act" (each a U S Person "). The Euro Notes may not be tendered in the tender offer by any such use, means, instrumentality or facility from or within the United States, by persons located or resident in the United States or by U S Persons.