Tango Finance Ltd.



RE: Tango Finance Ltd.

Please be advised of the following repurchase:

        ISIN             Repurchase Amt         New Outstanding Balance       Value Date
--------------------- --------------------- ------------------------------- --------------
    XS0277677299        EUR 10,000,000.00          EUR 27,500,000.00           14/01/08
--------------------- --------------------- ------------------------------- --------------

Please amend your records accordingly.
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