Tango Finance Ltd.

Partial Early Repurchase

Tango Finance Ltd.
                  RE: NIBC

Please be advised of the following repurchase:

-0-
*T
        ISIN             Repurchase Amt        New Outstanding Amt        Value Date
--------------------- --------------------- -------------------------- ----------------
    XS0277677299        EUR 2,400,000.00        EUR 52,100,000.00              19/10/07
--------------------- --------------------- -------------------------- ----------------
    XS0277677299        EUR 5,100,000.00        EUR 47,000,000.00              19/10/07
--------------------- --------------------- -------------------------- ----------------
*T

Please amend your records accordingly.