Ordinary Termination of Constant Leverage Certificates VS0EZZ, VS0E21, VS0CF6, VS0FH9, VS0B34

Vontobel Financial Products GmbH hereby gives notice to the Security Holders of the Securities designated below that it will terminate the Securities in accordance with Section 5 of the Terms and Conditions with effect as of 31 May 2016 (the "Ordinary Termination Date").
The Ordinary Termination Amount payable will be determined on the Ordinary Termination Date and paid to the Security Holders by 14 June 2016 (the "Maturity Date").
ISINNGM SymbolUnderlying
DE000VS0EZZ8BEAR ABX X5 V5X Short Index linked to Barrick Gold Corp.
DE000VS0E212BEAR OLJY X10 V10X Short Index linked to Brent Crude Oil Future
DE000VS0CF61BULL GPRO X5 V25X Long Index linked to GoPro Inc.
DE000VS0FH90BULL GPRO X5 V5X Long Index linked to GoPro Inc.
DE000VS0B341BULL SDRL X5 V5X Long Index linked to Seadrill Ltd.
Frankfurt am Main, 17.05.2016Vontobel Financial Products GmbH