36PU Elan Inst Nts40

    RNS Number : 4377K
  E.L.A.N. Ld
  18 December 2008
   
    For Immediate Release
    18 December 2008
    IRISH STOCK EXCHANGE

    COMPANY ANNOUNCEMENT
    E.L.A.N. LIMITED
    (a public company with limited liability incorporated under the laws of Ireland with registered number 74996)
                                Series 2005-08
 USD100,000,000 Zero Coupon Secured Credit Linked Notes due 2015 (the "Notes")
                             (ISIN: XS0223866467)
                   issued by E.L.A.N. Limited (the "Issuer")
    Notice of Credit Event in relation to Republic of Ecuador

    NOTICE IS HEREBY GIVEN that the Issuer has received a Credit Event Notice and a Notice of Publicly Available Information from Morgan
Stanley Capital Services, Inc. as Swap Counterparty describing a Credit Event which has occurred in relation to the Republic of Ecuador. 
 Enquiries:  Elaine O'Donoghue 
             Administrator 
             Ogier Corporate Services (Ireland) Limited


             Tel: 00 353 (0) 1 775 2613


             Email: Elaine.Toner@ogier.ie



    This announcement has been issued through the Companies Announcement Service of
    The Irish Stock Exchange.




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