Bear Stearns Co



                   Bear Stearns Co Series 1598 CHF 11,500,000

                         Due 13 July 2015 - XS0291041746

Please be advised there has been a repurchase of CHF 167,000 on 14 November 2007
on the above issue. The remaining balance is therefore CHF 11,333,000.

Please amend your records accordingly.
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