81PV Nordic 5.2%nt32

    


NIBC Bank N.V.



RE: NIBC
------------------------------------------------------------------------------------------------------

Please be advised of the following repurchase;

   Value                                                                     New Amount
   Date        CCY             ISIN          Issue Name   Repurchase Amount   Outstanding
------------------------------------------------------------------------------------------
 03-Oct-08     GBP         XS0125851286         NIBC               8,000,000    59,410,000
------------------------------------------------------------------------------------------

Please amend your records accordingly.

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