AH05 Citi Fun 24

    United Business Media

Please be advised that there has been a repurchase for USD 8,855,000 on 23 May
2006.

        UNITED BUSINESS MEDIA LTD - PRESENT OUTSTANDING BALANCE
   (prior repurchase) USD 19,939,000 - Due 19 DEC 2006 XS0140728378

The outstanding balance is USD 11,084,000. And it will be called on 28 June 2006

Please amend your records accordingly.

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