Fennica No.5 PLC

Early Redemption

Fennica No.5 PLC

                        FENNICA No 5 PLC DUE 20 MAY 2054

    --  Class A2 Asset backed Notes XS0118908069 EUR 25,600,000

    --  Class B Asset Backed notes XS0118907921 EUR 309,500,000

Please be advised that the above issue has been CALLED at PAR on the 20 Nov
2007. The outstanding balance will therefore be ZERO.

Please amend your records accordingly.