Delisting

Irish Stock Exchange Announcement

For immediate release                                                                                                  7 July 2016

KLEROS PREFERRED FUNDING, LTD. & KLEROS PREFERRED FUNDING LLC

 (THE "ISSUERS")

Class A-1 First Priority Senior Secured Floating Rate Delayed Draw Notes Due 2041

Class A-2 First Priority Senior Secured Floating Rate Notes Due 2041

Class B Third Priority Senior Secured Floating Rate Notes Due 2041

Class C Fourth Priority Mezzanine Secured Deferrable Floating Rate Notes Due 2041

Class D Fifth Priority Mezzanine Secured Deferrable Floating Rate Notes Due 2041

(THE "SECURITIES")

The Issuers hereby wish to announce that they have requested the Irish Stock Exchange plc to remove the Securities detailed above from the Main Securities Market of the Irish Stock Exchange plc effective 7 July 2016.

For further information on the above, please contact:

Andrew Childe

andrew.childe@fundfiduciaries.com 

Direct Dial: +1 345 640 5858

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.