IRIS SPV PLC - Redemption and Cancellation

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Thu Apr 17, 2008 5:30am EDT 

RNS Number:5435S
IRIS SPV PLC
17 April 2008

                              Company Announcement

                                  Iris SPV plc

                                 (the "Issuer")





Suite 211

Fitzwilliam Business Centre

77 Sir John Rogerson's Quay

Dublin 2

Ireland



16 April 2008

Re: Redemption and Cancellation:

Series 21/2007 USD 25,000,000 Zero Coupon Credit Linked Notes due 2017 (ISIN:
XS0289816786) (the Notes)



NOTICE:

The Issuer wishes to announce that USD 25,000,000 in nominal amount of the Notes
were redeemed and cancelled in accordance with Conditions 7(i) and 7(j) on 16
April 2008.

Capitalised terms used but not defined herein shall have the meaning given to
them in the Offering Circular Supplement relating to the Notes.



For further information please contact:

Kate Boyle

Arthur Cox Listing Services Limited

- 353 1 618 1108



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
END

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