New South Wales Treasury Corporation


                 New South Wales Treasury Corporation
            8pct International Global Bonds Due March 2008
               Exchangable into NSW Treasury Corporation
                  Inscribed Stock 8pct due March 2008

                             XS0074185827
Please be advised that the Issuer has repurchased AUD 400,000,000 of the above issue with value
13.11.2006.

The new outstanding is AUD 3,020,124,000.
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