Issuer: ISP Finance Services Limited

Securities: 10% Secured Corporate Bonds due 2019.

Agreement Amount: Up to J$150,000,000.00.

Issue Price: 100% of principal face value.

Minimum Subscription: J$20,000.00, and further increments of no less than J$10,000.00.

Issue Date: shall be no later than the date of listing. In the event that

listing is not effected, the date that the Bonds are issued in certificated form.

Maturity Date: The Bonds will mature on September 20, 2019.

Interest Rate: Fixed at 10% per annum.

Interest Calculation: Interest will be calculated daily based on a 365 day year (366

days in leap years) and will be paid quarterly on each Interest

Payment Date. The first Interest Payment Date will be

December 20, 2016. Interest will begin to accrue from the date an Applicant receives

an allocation Certificate or other written confirmation of the commencement of accrual interest (whichever is earlier).

Interest Payments Dates: Interest will be due and payable on December 20, March 20,

June 20, September 20 in each year, save and except that the first

Interest Payment Date shall be December 20, 2016 and the final

Interest Payment Date shall also be the Maturity Date

(September 20, 2019).

Security: The Companys obligation to pay will be secured by a debenture creating a fixed and floating charge over all of the assets of the company.

Please provide calculations for:

a) What is the current price of the bond using the formula?

What is the YTM using the formula