Please be advised the following issue has been repurchased for EUR 250,000 on 3/11/08 
     Issuer: Bear Stearns - ISIN: XS0254144206 - Maturity Date: 25 May 2011 - O/S Nominal 7,550,000 
    The outstanding balance will therefore be EUR 7,550,000 
    Please amend your records accordingly.
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