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Division 4.3.2.1 The Non-Core Activities include the assets set out below (cut-off date 31 December 2012):

United Kingdom

Original text. Later amendments are not shown.

  1. 4.3.2.1.1.

    Run-off of the Ex-BPN assets that included as of 31 December 2012: Total EUR [4 000-4 500] million (Credit EUR [1 000-1 500] million and Debt held (available for sale) EUR [2 500-3 000] million)

  2. 4.3.2.1.2.

    Sale of the non-strategic holdings: EUR [200-250] million to be sold until the […] (projected value of sale)

  3. 4.3.2.1.3.

    Run-off of the Spanish non-core credit portfolio worth as of 31 December 2012: EUR [1 500-2 000] million (detailed list in Appendix IV)

  4. 4.3.2.1.4.

    Disposal of the Insurance business unit as defined in point 4.3.1 above.