NIBC Bank N.V.


RE: NIBC

Please be advised of the following repurchase:

ISIN               Repurchase Amt             New Outstanding Amt          Value Date
--------------------------------------------------------------------------------------------
XS0285176706       EUR 1,500,000.00           EUR 788,500,000.00                    18/01/08
--------------------------------------------------------------------------------------------
XS0233373983       EUR 14,000,000.00          EUR 560,000,000.00                    18/01/08
--------------------------------------------------------------------------------------------



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