Tango Finance Ltd.

RE: NIBC

Please be advised of the following repurchase:

        ISIN             Repurchase Amt        New Outstanding Amt        Value Date
--------------------- --------------------- -------------------------- ----------------
    XS0277677299        EUR 2,400,000.00        EUR 52,100,000.00              19/10/07
--------------------- --------------------- -------------------------- ----------------
    XS0277677299        EUR 5,100,000.00        EUR 47,000,000.00              19/10/07
--------------------- --------------------- -------------------------- ----------------

Please amend your records accordingly.
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