Tango Finance Ltd.



RE: Tango Finance Ltd.

Please be advised of the following repurchase:

        ISIN             Repurchase Amt         New Outstanding Balance       Value Date
--------------------- --------------------- ------------------------------- --------------
    XS0288940405        USD 20,000,000.00          USD 10,000,000.00          18/01/2008
--------------------- --------------------- ------------------------------- --------------
    XS0277677299        USD 7,500,000.00           USD 20,000,000.00          18/01/2008
--------------------- --------------------- ------------------------------- --------------
    XS0205461238        USD 3,300,000.00           USD 40,400,000.00          18/01/2008
--------------------- --------------------- ------------------------------- --------------
    XS0240114024        USD 5,000,000.00           USD 10,000,000.00          18/01/2008
--------------------- --------------------- ------------------------------- --------------

Please amend your records accordingly.
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