N.I.B.C. Bank N.V.



Please be advised of the following repurchase;

      ISIN               Repurchase Amt            New Outstanding Amt                Value Date
  XS0293696158           USD 500,000.00             USD 252,250,000.00                15/02/2008
  XS0282802387          EUR 5,000,000.00            EUR 262,000,000.00                15/02/2008
  XS0233373983          EUR 2,000,000.00            EUR 498,000,000.00                15/02/2008
  XS0233373983          EUR 3,000,000.00            EUR 495,000,000.00                15/02/2008
  XS0285176706          EUR 10,000,000.00           EUR 778,500,000.00                14/02/2008
  XS0285176706          EUR 5,000,000.00            EUR 773,500,000.00                14/02/2008
  XS0285176706           EUR 300,000.00             EUR 773,200,000.00                14/02/2008
  XS0285176706          EUR 1,000,000.00            EUR 767,200,000.00                14/02/2008

Please amend your records accordingly.


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