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NIBC Bank N.V. (35XR)

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Wednesday 25 July, 2007

NIBC Bank N.V.

Full Early Redemption

NIBC Bank N.V.
                  RE: NIBC

Please be advised of the following repurchase:

    ISIN         Repurchase Amt     New Outstanding Amt     Value Date
XS0205058000     EUR 10,000,000             NIL              13/07/07
Please amend your records accordingly.
                                                                                                                                                                                                                                               

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