Press Release

The Notes are currently listed on the Luxembourg Stock Exchange. Once assumed by HFC Bank plc, the Notes will be listed on the London Stock Exchange, consistent with other new debt issues of HFC Bank plc, and then de-listed from the Luxembourg Stock Exchange.

Household Bank, f.s.b. plans to initiate the consent solicitation by calling a meeting of Noteholders within the next few weeks. However, there may be circumstances that would cause Household Bank, f.s.b to postpone or cancel the meeting. Household Bank, f.s.b. has appointed Deutsche Bank as its advisor and consent solicitation agent.

This press release is neither an offer of securities or an offer to exchange securities or a solicitation thereof. The Notes and the Guarantees have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except in transactions exempt from the registration requirements of the Securities Act.

The Notes may not be offered or sold, directly or indirectly, and neither this press release nor any advertisement or other offering material may be distributed or published in any jurisdiction, except under circumstances that will result in compliance with any applicable laws and regulations.

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