E.L.A.N. Ld

         ELAN LIMITED EUR 25,000,000 DUE 24 August 2014 - ISIN
                             XS0198006958

Please be advised that the above mentioned issue has been repurchased for EUR
25,000,000 value 25 April 2005.

The outstanding balance is therefore ZERO.

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