Redemption of Notes

RNS Number:4040P
E.L.A.N. Ld
12 January 2007

NOTICE DATED 12 January 2007





                                E.L.A.N. LIMITED
                (incorporated with limited liability in Jersey)

                                 SERIES 2006-5

  EUR15,000,000 Secured Non Interest Bearing Credit-Linked Notes due June 2016
                                 (the "Notes")



E.L.A.N. Limited (the "Issuer") is publishing this notice in connection with the
Notes issued under the Securities Note approved on 27 June 2006.

The Issuer gives notice that pursuant to the terms of a supplemental agreement
dated 11 January 2006, the Notes were redeemed in full on 11 January 2007.



For further Information please contact:

Kate Boyle

Arthur Cox Listing Services Limited

Tel: [phone]













This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.






                      This information is provided by RNS
            The company news service from the London Stock Exchange
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