Please be advised the following issue has been repurchased for EUR 2,760,000 on 3/11/08 
     Bear Stearns ISIN: XS0208032077 Maturity Date: 21 Feb 2011 - O/S Nominal 85,200,000 
    The outstanding balance will therefore be EUR 85,200,000 
    Please amend your records accordingly.


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