Debt - Listing Confirmation::US$500,000,000 3.5% Notes due 2024

1. The Notes will be listed and quoted in the Bonds Market with effect from 9.00 a.m., Friday, 13 December 2019.

2. The short name of the Notes is REC n3.5%241212S and the ISIN code is XS2084421630.

The letter 'S' denotes that trading of the Notes is restricted to the persons specified in Sections 274 and 275 of the Securities and Futures Act (the 'SFA').

3. The Notes will be quoted and traded in United States Dollars (US$). The Notes will be in denominations of US$200,000 and integral multiples of US$1,000 in excess thereof. The Notes will be traded in a minimum board lot size of US$200,000.

4. The issue date of the Notes is 12 December 2019.

5. The name and address of the Principal Paying Agent is as follows: -

The Bank of New York Mellon, London Branch
One Canada Square
London E14 5AL
United Kingdom

6. The Lead Manager(s) and Bookrunner(s) of the Notes are Barclays Bank PLC, DBS Bank Ltd., MUFG Securities Asia Limited and Standard Chartered Bank.

7. Please refer to the Issuer's offering documents for complete details before trading.