15th May 2008 09:40
PRICING SUPPLEMENT
GOLD BULLION SECURITIES LIMITED
REDEMPTION OF 326,750 SECURED UNDATED ZERO COUPON NOTES
UNDER THE PROGRAMME FOR THE ISSUANCE OF UP TO
This document constitutes the Pricing Supplement in relation to the redemption of Notes as described herein. Terms used herein shall have the meanings given to them in the Prospectus (the "Prospectus") dated 23 October 2007 issued in relation to the programme for the issuance of up to 1,000,000,000 Lyxor Gold Bullion Securities established by Gold Bullion Securities Limited (the "Programme"). This Pricing Supplement must be read in conjunction with the Prospectus.
The Pricing Supplement comprises the details required to redeem the Notes described herein pursuant to the listing of the Programme.
Application has been made for the Notes to be cancelled from the Official List of the UKLA and to trading on the LSE.
Gold Bullion Securities Limited accepts responsibility for information contained in this Pricing Supplement.
SIGNED on behalf of Gold Bullion Securities Limited
By: …………………………………………………...
Chris Osgood Paul Carpenter
Manager Authorised Signatory
Dated: 14 May 2008
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