NIBC Bank N.V.



RE: NIBC Bank

Please be advised of the following repurchase:

ISIN             Repurchase Amt       New Outstanding Amt        Value Date
XS0198523002     CHF 500,000.00       CHF 17,673,000.00               02/04/08
XS0285176706     EUR 5,000,000.00     EUR 716,500,000.00              04/04/08
XS0293696158     USD 2,000,000.00     USD 236,500,000.00              04/04/08

Please amend your records accordingly.
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