ISDA's EMEA Credit Derivatives Determinations Committee may hold one or more auctions to settle 'relevant transactions' in respect of the Anglo Irish Bank Corporation following its resolution on 23 December, 2010, that a Restructuring Credit Event occurred. This is a subsequent and separate credit event to that which the Committee resolved on 23 November, 2010 and which was settled following auctions held on 9 December, 2010.