E.L.A.N. Ld

             ELAN LIMITED GBP 60,000,000 DUE 14 July 2023
                           ISIN XS0173717462

Please be advised that the above mentioned issue has been repurchased for GBP
35,000,000 value 06 June 2005.

The outstanding balance is therefore GBP 25,000,000.

Please amend your records accordingly.
Elan Inst Nts40 (LSE:36PU)
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