NIBC Bank N.V.



Please be advised of the following repurchase;

ISIN               Repurchase Amt           New Outstanding Amt              Value Date
------------------------------------------------------------------------------------------
XS0233373983       EUR 10,000,000.00        EUR 466,000,000.00               05/03/08
------------------------------------------------------------------------------------------
XS0285176706       EUR 3,000,000.00         EUR 727,200,000.00               05/03/08
------------------------------------------------------------------------------------------

Please amend your records accordingly.
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