36PU Elan Inst Nts40

RNS Number:7156L
E.L.A.N. Ld
29 April 2005

         THIS NOTICE IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION



                                E.L.A.N. LIMITED

                                 (the Company)



                            (Incorporated in Jersey)



                                     NOTICE

                               In respect of the:



         Series 2004-12 GBP15,000,000 Pass Through Notes due April 2011
    issued under the Structured Note Programme of the Company (the "Notes")



NOTICE IS HEREBY GIVEN that the Company redeemed the Notes in full on 13 April
2005.

The Notice is given by the Company

Date 29 April 2005





This announcement has been issued through the Companies Announcement Service of



                            The Irish Stock Exchange














                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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