42AI Jsc.nc Kaz 48s

    


SEDNA FINANCE CORPORATION



Re: Sedna Finance Corporation

Please be advised of the following repurchase:

ISIN                  Repurchase Amt        New Outstanding Balance         Value Date
--------------------- --------------------- ------------------------------- --------------
XS0286095749          EUR 2,000,000.00      EUR NIL                               18/12/07
--------------------- --------------------- ------------------------------- --------------
XS0301490685          USD 20,000,000.00     USD 15,000,000.00                     12/12/07
--------------------- --------------------- ------------------------------- --------------
XS0272535559          EUR 2,000,000.00      EUR 56,500,000.00                     18/12/07
--------------------- --------------------- ------------------------------- --------------

Please amend your records accordingly.

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