E.L.A.N. Ld

            E.L.A.N. Limited Series 2005-22 EUR 10,000,000
                   Due 24 Dec 2014 -ISN XS0233565117


Please be advised the above issue has been repurchased for EUR 10,000,000 on 31 
Mar 2006.

The outstanding balance will therefore be ZERO.

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