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pal nonbank subsidiary is J.P. Morgan Securities LLC. our U.S. investment banking firm. One of JPMorgan Chase' s principal operating subsidiaries in the United Kingdom is M. Morgan Securities plc. a subsidiary of JPMorgan Chase Bank. N.A. The prin " ce of JPMorgan Chase is located at 270 Park Avenue. New York. Ne
e act upon the instructions of beneficial owners owning through them. DTC has advised us that DTC is a limited purpose trust company organized under the New York Banking Law, a " banking organization" within the meaning of the New York Banking Law, a member of the Federal Reserve System. a " clearing corporation" within
EC (as amended, including by Directive 2010/73/EU), and includes any relevant implementing measure in the Relevant Member State. United Kingdom In the United Kingdom, this prospectus supplement and the accompanying prospectus are only being distributed to and are only directed at, and any offer subsequently may o
be made only through, records maintained by DTC and its participants. DTC has advised us that it is a limited-purpose trust company organized under the New York Banking Law. a "banking organization" within the meaning of the New York Banking Law, a member of the United States Federal Reserve System, a "clearing corpora
nt. United Kingdom Taxation of Validus Holdings and its Subsidiaries Certain of Validus Holdings' subsidiaries are incorporated and tax resident in the United Kingdom for United Kingdom corporation tax purposes. Such subsidiaries are subject to United Kingdom corporation tax on their worldwide profits, subject to
be made only through, records maintained by DTC and its participants. DTC has advised us that it is a limited-purpose trust company organized under the New York Banking Law, a "banking organization" within the meaning of the New York Banking Law, a member of the United States Federal Reserve System, a "clearing corpora
in the United Kingdom This prospectus supplement and the accompanying prospectus are only being distributed to, and is only directed at, persons in the United Kingdom that are qualified investors within the meaning of Article 2(1)(e) of the Prospectus Directive that are also (i) investment professionals falling wi
representative of DTC. DTC has advised us that: DTC, the world's largest securities depository, is a limited-purpose trust company organized under the New York Banking Law, a "banking organization" within the meaning of the New York Banking Law, a member of the Federal Reserve System, a "clearing corporation" within th
Entities connected to both United Kingdom and the New York Banking Law

United States
LOCATION
Julie K. Brown
PERSON
New York
LOCATION
Luxembourg
LOCATION
Hong Kong
LOCATIONthe Securities and Exchange Commission
ORGANIZATIONthe District of Columbia
LOCATIONthe European Economic Area
LOCATION
Morgan Stanley
ORGANIZATION
Federal Reserve
ORGANIZATION
Bermuda
LOCATION
Eric Holder
PERSONKeogh
ORGANIZATION
Ontario
LOCATION
the Internal Revenue Service
ORGANIZATION
St. Louis
LOCATIONthe Monetary Authority of Singapore
ORGANIZATION
BofA Merrill Lynch
ORGANIZATION
Exchange
ORGANIZATIONthe Securities and Futures Ordinance
ORGANIZATION