EUROPEAN BANK FOR REC & DEV



Please be advised of the following repurchase:

 Value date   CCY        ISIN        Repurchase Amount   New Amount Outstanding
---------------------------------------------------------------------------------
 27-Aug-08    ZAR    XS0076593267         295,250,000.00         4,480,970,000.00
---------------------------------------------------------------------------------
 02-Sep-08    ZAR    XS0085289428       1,109,000,000.00           911,800,000.00
---------------------------------------------------------------------------------
 03-Sep-08    ZAR    XS0086499877         202,500,000.00           387,950,000.00
---------------------------------------------------------------------------------
 03-Sep-08    ZAR    XS0074789503         579,000,000.00         2,692,145,000.00
---------------------------------------------------------------------------------
 03-Sep-08    ZAR    XS0076593267       1,263,000,000.00         3,217,970,000.00
---------------------------------------------------------------------------------

Please amend your records accordingly.


Euro.bk.0cpn27 (LSE:85KG)
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