/raid1/www/Hosts/bankrupt/TCREUR_Public/121127.mbx
T R O U B L E D C O M P A N Y R E P O R T E R
E U R O P E
Tuesday, November 27, 2012, Vol. 13, No. 236
Headlines
C Y P R U S
BANK OF CYPRUS: Fitch Cuts Long-Term IDR to 'BB'; Outlook Neg.
G E R M A N Y
TUI AG: S&P Affirms 'B-' Corp. Credit Rating; Outlook Positive
H U N G A R Y
* HUNGARY: S&P Cuts Long-Term Sovereign Credit Ratings to 'BB'
I R E L A N D
CAPPOQUIN POULTRY: Judge Wants to Limit Expert Evidence
RITZ CARLTON: Interim Examiner Appointed; Parent Mulls Investment
* IRELAND: Small Cos. Can Apply to Circuit Ct. for Examinership
P O L A N D
CENTRAL EUROPEAN: Reports US$35.7-Mil. Net Income in 3rd Quarter
R U S S I A
FGC UES: Moody's Lowers Issuer Rating to 'Baa3'; Outlook Stable
MTS-BANK: Fitch Affirms 'B+' Long-Term IDR; Outlook Stable
* NIZHY NOVGOROD: S&P Affirm LT Issuer Credit Rating at 'BB'
S P A I N
CONFEDERACION ESPANOLA: S&P Cuts Counterparty Ratings to 'BB+/B'
SANTANDER HIPOTECARIO 3: Fitch Cuts Rating on Cl. C Tranche to CC
* SPAIN: Moody's Takes Rating Actions on 156 RMBS Transactions
* SPAIN: Catalonia Party Leader Calls for Referendum on Breakup
S W E D E N
SAS AB: Jacob Wallenberg Defends Collective Bargaining Move
U N I T E D K I N G D O M
ANGLIAN WATER: Fitch Affirms 'BB+' Senior Secured Rating
EVRAZ PLC: Fitch Assigns 'BB-' Long-Term Issuer Default Rating
HEDON SALADS: In Administration, 150 Jobs at Risk
MANGANESE BRONZE: Magal Agrees to Provide Steering Boxes
MWB GROUP: Pyrrho Mulls Legal Action Over Administration
NWIX: In Administration Just 7 Months After GBP500,000 Funding
PEOPLE CAN: In Administration on GBP17 Million Pension Deficit
PREMIER FOODS: Plans to Cut 10% of Workforce
ROTHSCHILD CONTINUATION: Fitch Affirms 'BB+' Hybrid Debt Rating
ROYAL BANK: To Finalize Shortlist of Branch Buyers Next Month
SANDWELL COMMERICAL: S&P Maintains 'B-' Rating on Class E Notes
VINANCE PLC: In Administration, Herron Fisher to Rescue Firm
X X X X X X X X
* S&P Takes Various Rating Actions on European CDO Tranches
* Large Companies with Insolvent Balance Sheets
*********
===========
C Y P R U S
===========
BANK OF CYPRUS: Fitch Cuts Long-Term IDR to 'BB'; Outlook Neg.
--------------------------------------------------------------
Fitch Ratings has downgraded Bank of Cyprus' (BOC), Cyprus
Popular Bank's (CPB) and Hellenic Bank's (HB) Long-term Issuer
Default Ratings (IDR) and Support Rating Floors (SRF) to 'BB-'
from 'BB' following the downgrade of Cyprus' sovereign rating.
The Outlooks on the banks' Long-term IDRs are Negative in line
with that of the sovereign. All three banks' Short-term IDRs and
Support Ratings have been affirmed at 'B' and '3', respectively.
At the same time, BOC and CPB's Viability Ratings (VR) have been
downgraded to 'c' from 'ccc' and 'cc', respectively reflecting
the agency's belief that failure of the two banks is imminent.
Fitch expects that BOC and CPB will require sizeable capital
injections and that these will be provided by Cypriot and/or
international authorities.
HB's VR has also been downgraded to 'cc' from 'ccc' to reflect
that failure of the bank appears probable. Fitch questions the
capacity of the bank to continue to operate without support as it
is highly vulnerable to further deterioration in its credit risk
profile and market conditions. However, extraordinary capital
support could also be provided to HB if needed.
RATING DRIVERS AND SENSITIVITIES - IDRs, SUPORT RATINGS AND SRFs
The downgrade of BOC, CPB and HB's Long-term IDRs, which remain
at their SRFs, is based on Fitch's assessment that the state's
ability to support its major banks has reduced, as reflected by
Cyprus's sovereign downgrade, which is largely driven by a
materially weaker macroeconomic outlook and the continued high
level of uncertainty over the costs associated with the overall
banking system's recapitalization.
However, Fitch continues to incorporate in its assessment of
support the fact that i) the propensity of the sovereign to
support the three major Cypriot banks remains strong given their
systemic importance in the domestic economy (combined assets
totaled EUR77.2 billion -430% of GDP - at end-H112) and ii)
support from the IMF/EU/ECB (Troika) in respect of Cypriot banks'
recapitalization is being discussed in the context of Cyprus's
formal request in June 2012 for financial assistance. Precedence
in other troubled eurozone countries indicates that bank senior
creditors would be fully covered in a support package.
The equalization of the three banks' Long-term IDRs and SRFs with
that of the sovereign rating reflects Fitch's view that sovereign
and bank risks are closely interconnected in Cyprus. A lack of
progress in negotiations with Troika puts the receipt of a
support program to address Cyprus' sovereign issues and Cypriot
banks' recapitalization at risk.
The affirmation of the Support Ratings at '3' indicates Fitch's
opinion of continued moderate probability of support to the three
Cypriot banks.
The Negative Outlook indicates that any further downgrade of
Cyprus's sovereign rating and/or any change that reduced the
likelihood of international support could lead to a further
downgrade of the banks' Long-term IDRs, SRFs and Support Ratings.
RATING DRIVERS AND SENSITIVITIES - SENIOR DEBT
The rating of senior unsecured debt issued by BOC and CPB has
been downgraded to 'BB-' from 'BB' in line with the banks' Long-
term IDRs. Fitch expects support to be extended to senior
unsecured creditors based on precedent observed in other EU
countries. Debt ratings are sensitive to any change in banks'
Long-term IDR and/or Fitch's assumptions around the level of
support available to the banks.
RATING DRIVERS AND SENSITIVITIES - VRs
The downgrade of BOC's and CPB's VRs reflect Fitch's expectation
that both banks will require sizeable capital injections to
restore capital levels and confidence. Capital shortfalls will
arise from net losses expected for FY2012 as a result of
continued asset quality deterioration in Greece and Cyprus and
further capital needs resulting from an independent loan stress
test carried out by Troika and Cypriot authorities as a pre-
requisite for the bail-out package for Cyprus.
With private capital-raising limited for most of the banks, Fitch
believes that support will have to be provided by the government,
which itself will need assistance from international authorities
to do this.
At end-H112, both CPB and BOC reported core capital ratios below
the minimum 8% required by the Central Bank of Cyprus (4.4% and
5.1%, respectively, at end-H112). In addition to the EUR1.8bn
injection into CPB by the government in July which now holds 84%
of the bank's shares, Fitch assesses that the three major Cypriot
banks are likely to need further capital injections of at least
around EUR4 billion under a base case scenario which requires a
Fitch core capital ratio (FCC) of 9%. Capital needs are largely
concentrated at CPB and to a lesser extent BOC. BOC has already
requested EUR730 million, up from EUR500 million estimated in
June 2012 due to worse-than-expected deterioration in asset
quality from Q112 to Q212.
Additional capital shortfalls for the three banks could increase
to at least about EUR6 billion resulting from Fitch's adverse
stress test, which requires a FCC of 6%. Fitch acknowledges that
its estimates of the potential losses and capital needs of
Cypriot banks are subject to considerable uncertainty and are
sensitive to changes in assumptions.
Capital shortfalls largely stem from banks' sizeable loan
exposure to Greece but also from their deteriorating domestic
loan portfolios due to worse than expected economic prospects in
Cyprus. CPB is the most exposed to Greek loans (47% of total
loans at end-H112, including international shipping loans booked
in Greece), followed by BOC (34%) and HB (17%). Exposure to
Greek government debt has substantially declined after
impairments in 2011 and H112 and ranged between EUR8m at HB and
EUR279 million at CPB at end-H112.
The VRs of BOC and CPB are likely to go to 'f' reflecting banks'
failure under Fitch's definitions once capital needs are
identified at each bank and extraordinary capital support is
committed. After recapitalization, the agency will re-assess
both banks' VRs and upgrade them to a level commensurate with
their post-support credit profile.
The downgrade of HB's VR reflects Fitch's concern that the bank
may be in need of further capital injections in view of Cyprus'
weaker economic prospects and the independent loan stress test
carried out by Troika and Cypriot authorities. At end-H112, its
core capital ratio was 8.3% including the rights issue in July
2012. Fitch judges that its ability to raise further capital
from private means is uncertain. HB's VR would be subject to
further downward rating pressure depending on the extent and
nature of potential further extraordinary support required.
Improved capitalization, a stabilization of the risk profile and
deposits could be rating positive.
The ratings actions are as follows:
BOC
-- Long-term IDR downgraded to 'BB-' from 'BB'; Negative
Outlook
-- Short-term IDR affirmed at 'B'
-- Viability Rating downgraded to 'c' from 'ccc'
-- Support Rating affirmed at '3'
-- Support Rating Floor revised to 'BB-' from 'BB'
-- Senior notes downgraded to 'BB-' from 'BB'
-- Commercial paper affirmed at 'B'
CPB
-- Long-term IDR downgraded to 'BB-' from 'BB'; Negative
Outlook
-- Short-term IDR affirmed at 'B'
-- Viability Rating downgraded to 'c' from 'cc'
-- Support Rating affirmed at '3'
-- Support Rating Floor revised to 'BB-' from 'BB'
-- Senior notes downgraded to 'BB-' from 'BB'
HB
-- Long-term IDR downgraded to 'BB-' from 'BB'; Negative
Outlook
-- Short-term IDR affirmed at 'B'
-- Viability Rating downgraded to 'cc' from 'ccc'
-- Support Rating affirmed at '3'
-- Support Rating Floor revised to 'BB-' from 'BB'
=============
G E R M A N Y
=============
TUI AG: S&P Affirms 'B-' Corp. Credit Rating; Outlook Positive
--------------------------------------------------------------
Standard & Poor's Ratings Services revised its outlook on
Germany-based tour operator TUI AG to positive from stable. "At
the same time, we affirmed our 'B-' long-term corporate credit
rating on the company. We also affirmed our ratings on all of
TUI's rated debt issues," S&P said.
"Our outlook revision reflects the expected improvement in TUI's
financial credit ratios due to its good operating performance and
focus on debt reduction, which we expect will continue in the
future. We also believe the company should be able to achieve
adjusted debt to EBITDA of less than 6x for the fiscal year ended
Sept. 30, 2012, and further reduce adjusted debt leverage during
fiscal 2013," S&P said.
"Following an expected strong fourth quarter and successful cost
cutting at TUI Travel, together with significantly lower debt
leverage at the holding company after the partial disposal of
Hapag-Lloyd in the first half of 2012, we believe TUI should be
able to achieve adjusted debt to EBITDA of just under 6x and
adjusted EBITDA interest cover of about 2.5x. We consider these
ratios commensurate with a 'B' rating," S&P said.
"Furthermore, we think that TUI may use the financial flexibility
it obtained through the EUR700 million cash inflow from the
partial disengagement from Hapag-Lloyd to improve its access to
operating cash flows either at TUI Travel or other operations,
which we would view as positive for the rating. This would
entail, however, that ratios do not weaken materially and that
TUI maintains a prudent financial policy," S&P said.
"The positive outlook reflects our expectation that TUI will
maintain at least a stable operating performance and continue its
prudent financial policy with continuing focus on deleveraging,
all of which will lead to improved financial metrics for the
financial years 2012 and 2013," S&P said.
"We could raise the rating if TUI were able to sustain adjusted
debt to EBITDA below 6x and adjusted EBITDA interest cover of at
least 2.5x. An upgrade would also hinge on the prudent use of the
cash at the holding company and TUI's commitment to continue to
pursue a financial policy that will protect financial ratios and
liquidity," S&P said.
"We could revise the outlook to stable if a weaker than expected
operating performance delayed or reversed TUI's deleveraging
trend. We could also revise the outlook if TUI's financial policy
became significantly more aggressive than we currently expect,
especially regarding acquisitions or shareholder returns, leading
to weaker credit measures," S&P said.
=============
H U N G A R Y
=============
* HUNGARY: S&P Cuts Long-Term Sovereign Credit Ratings to 'BB'
--------------------------------------------------------------
Standard & Poor's Ratings Services lowered its long-term foreign
and local currency sovereign credit ratings on the Republic of
Hungary to 'BB' from 'BB+'. "We affirmed the foreign and local
currency short-term ratings at 'B'. The outlook is stable. We
have assigned a recovery rating of '3'. The transfer and
convertibility assessment remains 'BBB'," S&P said.
"We have also lowered the long-term counterparty credit rating on
the National Bank of Hungary (the central bank) to 'BB' from
'BB+'," S&P said.
"The downgrade reflects our opinion that the government's
unorthodox policies, including exceptional measures applied to
the financial sector, could erode the country's medium-term
growth potential. This could eventually undermine the
government's efforts to sustainably reduce general government
debt. Although we expect the government's fiscal targets to be
met in the short term, we believe that this could become
increasingly difficult if, as we expect, economic growth remains
muted," S&P said.
"In our opinion, measures taken in recent months -- which
continue to place the burden of fiscal adjustment on some key
services sectors, particularly the financial sector -- could
weigh on Hungary's medium-term growth prospects by reducing
further banks' willingness to lend and companies' propensity to
invest. In particular, the imposition of tax hikes and levies on
various services -- including the telecoms, energy, and financial
sectors -- may depress private investment and job creation,
although we note that the authorities have introduced several
schemes aimed at supporting small businesses and that the
manufacturing sector has not been affected by fiscal adjustment
measures," S&P aid.
"Bank sector deleveraging in Hungary has been more pronounced
than in other countries in the region, although we note that the
sector has benefited from capital injections from foreign parent
banks, most recently in 2012. As a result, we expect that credit
supply to the economy, a crucial driver of growth, will remain
stagnant in the medium term," S&P said.
"Like much of Europe, the Hungarian economy is currently
experiencing a contraction; we expect it to fall by 1.2% in real
per capita terms in 2012. Real GDP remains about 5.0% below its
2008 peak. Continued fiscal rationalization, an unpredictable tax
environment, and tight credit conditions will likely weigh on the
economy in the short term, and we anticipate a muted recovery in
2013, with real GDP per capita growth of 0.8%. After 2013, we
forecast real per capita growth to strengthen to about 1.7% on
average in the medium term. Our projections are based on the
government's current fiscal consolidation plans, an assessment of
measures designed to support the labor market, and our assumption
of no growth in the eurozone in 2013 and 1.2% growth in 2014,"
S&P said.
"We anticipate that the government will meet its objective of
keeping fiscal deficits below 3% of GDP over 2013-2014, using the
accruals-based European (ESA 95) accounting standard, but we
believe that from 2014 the authorities will face increasing
difficulties in keeping the general government deficit in line
with its projections, given the low-growth environment. That
said, we acknowledge that our forecasts are subject to revisions
in either direction, as economic growth prospects -- and
therefore the outlook for public finances -- depend on domestic
credit conditions, the policy environment, and external
developments. The Hungarian economy, which we consider to be very
open, is dependent on trade with the eurozone, particularly to
Germany," S&P said.
"We expect net general government debt to ease to 73% of GDP at
end-2012, but then to stagnate at about 71% if there is no
increase in economic growth. Our calculation of net general
government debt is more restrictive than national measures, as it
deducts from the general government debt only the most liquid
assets, such as currency and deposits held at the central bank.
Roughly 40% of commercial general government local-currency debt
is held by nonresidents. While we view this as a positive factor
in terms of diversified funding, the financial crisis in late
2008 illustrated the rapidity with which local currency bonds
held by nonresidents can be sold if investor confidence falters.
This increases pressure on the balance of payments, the exchange
rate, and, therefore, debt servicing capacity. Although the
foreign currency component of general government debt has fallen,
it remains high at an estimated 42% of the total, which makes the
debt burden highly sensitive to exchange rate fluctuations," S&P
said.
"Hungary's current account has been in surplus since 2010, and
there has been a sharp correction in the country's net external
liability position. External debt net of liquid assets is
estimated to be 55% of current account receipts in 2012, down
from a peak of just over 80% in 2009. Although we view the
stronger external performance positively, we see that Hungary
still faces substantial refinancing needs, particularly in the
short term as the government amortizes its debt to the IMF and
EU," S&P said.
"The ratings are supported by what we view as Hungary's
comparatively advanced economy, highly skilled labor force, and
relatively well-diversified economic and export structures."
"The recovery rating on Hungary's foreign currency debt is '3',
indicating our view that post-default recovery would likely be
about 50%-70%. The recovery analysis assumes a default stemming
from a sharp adjustment in the country's exchange rate. Under
this hypothetical scenario, the recovery rating is supported by
our view of the country's flexible and open economy," S&P said.
"The stable outlook balances our assessment of Hungary's still-
high fiscal and external liabilities and recurrent use of
unorthodox, and in our view possibly unsustainable, policies
against the government's success in reducing fiscal deficits to
less than 3% of GDP and the benefits afforded by current account
surpluses," S&P said.
"We could raise the ratings if we saw that the government were to
use its strong majority in parliament to establish policies that
encourage investment, while implementing its structural reform
program. Similarly, we could consider an upgrade if we saw a
sustained reduction in external debt net of liquid assets, even
as economic growth strengthens," S&P said.
"Conversely, we could lower the ratings if Hungary's economic
recovery weakens significantly more than we currently expect, if
banks accelerate their withdrawal of credit, or if we saw
external or public finances weaken materially," S&P said.
=============
I R E L A N D
=============
CAPPOQUIN POULTRY: Judge Wants to Limit Expert Evidence
------------------------------------------------------
Ann O'Loughlin at Irish Examiner reports that a High Court judge
has said the number of experts being called to give evidence in
examinership cases is increasing costs.
According to Irish Examiner, Mr. Justice Peter Charleton said
that, while not having the powers now, he hoped in the future to
be able to limit expert evidence as he was entitled to take costs
into account and was not going to "sit in court listening to
multiple experts . . . I've had too much of that in the past".
He made the remarks on Nov. 21 when dealing with matters relating
to the examinership of Cappoquin Poultry Holdings Ltd., Irish
Examiner relates.
On Nov. 21, Rossa Fanning BL, for the examiner, sought an
adjournment of a hearing aimed at securing court approval for a
survival scheme allowing the companies exit examinership, Irish
Examiner discloses. Revenue and most classes of creditors back
the scheme, Irish Examiner notes.
Mr. Fanning, as cited by Irish Examiner, said the examiner needed
time to respond to an affidavit for the directors seriously
disputing valuations placed by the examiner's valuers on assets
and equipment. The valuation dispute could only be resolved by
examination of the four valuers involved and he expected the
scheme hearing to take two days, Irish Examiner states.
The judge asked why it was necessary to have two valuers on each
side and why it was considered that more experts would be more
convincing, Irish Examiner discloses.
According to Irish Examiner, Mr. Fanning said his side had to
call two valuers as one was concerned with property and the
second with equipment. He said that the valuation dispute was
important as the companies' directors argued they would do better
if the company was placed in liquidation, a view based on their
insistence the assets had a higher value than the examiner's
experts had put on them, Irish Examiner notes.
Mr. Justice Charleton suggested the valuers could get together
with one giving evidence for each side and adjourned the matter
to this week, saying he would deal with in a single day, Irish
Examiner states.
Cappoquin Poultry is a Co Waterford chicken processing company.
RITZ CARLTON: Interim Examiner Appointed; Parent Mulls Investment
-----------------------------------------------------------------
Tim Healy at Independent.ie reports that an interim examiner has
been appointed to the five-star Ritz Carlton hotel.
According to Independent.ie, the High Court heard that the
company owes the National Asset Management Agency EUR47 million.
However, the court also heard the international Ritz Carlton
Hotel Company BV, which runs the hotel, has flagged that it is
prepared to invest in the luxury venue, which includes a Gordon
Ramsay restaurant, Independent.ie notes.
Applying for the interim examiner on behalf of Carrylane Ltd.,
trading as the Ritz Carlton Hotel, Rossa Fanning, as cited by
Independent.ie, said the hotel's ownership structure is complex
and involves five different types of investors. He said the
hotel which began trading in 2007 had the misfortune to open at
the worst possible time in the economic cycle and has been
trading at a loss since it opened its doors, Independent.ie
relates.
Mr. Fanning said the Ritz Carlton BV Group was willing to fund
the ongoing trading losses of the hotel until it breaks even in
2015, Independent.ie notes.
Ms. Justice Finlay Geoghegan appointed Declan Taite as interim
examiner and the case will come before the court again on
November 28, Independent.ie discloses.
Ritz Carlton Hotel owns the 200-room hotel in the Powerscourt
Estate in Co Wicklow. It has 293 employees, 155 of which are
full-time staff.
* IRELAND: Small Cos. Can Apply to Circuit Ct. for Examinership
---------------------------------------------------------------
Ciaran Hanna at Inside Ireland reports that the Minister for Jobs
has announced that small companies will be able to apply to the
Circuit Court for examinership so that it will be "cheaper and
easier" for businesses to restructure their debts.
Richard Bruton announced his intention to amend the Companies
Acts on Thursday, Inside Ireland relates.
According to Inside Ireland, the Minister said that small private
companies will be able to apply directly to the Circuit Court to
have an examiner appointed, in a move "which will make it cheaper
and easier for viable businesses to restructure their debts".
The Department of Jobs, Enterprise and Innovation said the
changes will affect small private companies, who have a Balance
sheet not exceeding EUR4.4 million, turnover not exceeding
EUR8.8 million, or the number of employees not exceeding 50,
Inside Ireland recounts.
Minister Bruton said small businesses employ over a third of all
people working in Ireland, Inside Ireland relates.
"We have put in place a range of new funding mechanisms for SMEs
including the EUR90 million microfinance scheme and the EUR450
million credit guarantee scheme," Inside Ireland quotes Mr.
Burton as saying.
Mr. Bruton added that there are many viable businesses in the SME
sector, which are facing difficulties because of legacy debts,
Inside Ireland notes.
===========
P O L A N D
===========
CENTRAL EUROPEAN: Reports US$35.7-Mil. Net Income in 3rd Quarter
----------------------------------------------------------------
Central European Distribution Corporation reported net income
attributable to the Company of US$35.76 million on US$401.11
million of sales for the three months ended Sept. 30, 2012,
compared with a net loss attributable to the Company of US$848.73
million on US$432.94 million of sales for the same period during
the prior year.
For the nine months ended Sept. 30, 2012, the Company reported
net income attributable to the Company of US$8.26 million on
US$1.12 billion of sales, compared with a net loss attributable
to the Company of US$854.10 million on US$1.17 billion of sales
for the same period a year ago.
The Company's balance sheet at Sept. 30, 2012, showed
US$1.98 billion in total assets, US$1.73 billion in total
liabilities, US$29.44 million in temporary equity, and US$210.78
million in total stockholders' equity.
"In spite of the challenges faced by the company during this
period, the changes in operational management and controls are
starting to produce improved operating results. The efforts we
have put into better execution of our pricing policy and focus on
more profitable product mix in all of our key markets resulted in
improvement of our comparable gross margin and significant
increase of our comparable operating profit," commented David
Bailey, CEO of CEDC.
A copy of the press release announcing the financial results is
available for free at http://is.gd/4uJkRS
Non-Compliance Notice
On Nov. 14, 2012, CEDC received a letter from the Nasdaq Listing
Qualifications Department stating that, since CEDC has not yet
filed its Form 10-Q for the period ended Sept. 30, 2012, it no
longer complies with Nasdaq Listing Rule 5250(c)(1). The letter
states that CEDC has until Jan. 8, 2013, to submit a plan to
regain compliance and that, if it accepts CEDC's plan, Nasdaq can
grant an exception until May 8, 2013, for CEDC to regain
compliance. CEDC intends to file its Form 10-Q for the period
ended Sept. 30, 2012, with the Securities and Exchange Commission
as soon as practicable and expects to regain compliance with
Nasdaq Listing Rule 5250(c)(1) upon that filing.
Open Letter to Shareholders
On Nov. 16, 2012, CEDC filed an open letter to shareholders from
the special committee of the board of directors of CEDC in
response to the letter from Mr. Roustam Tariko to investors in
CEDC filed by Mr. Tariko, a copy of which is available at:
http://is.gd/Z24nnB
On Nov. 10, 2012, Gerry W. Grace and Jeffrey W. Aldrich resigned
as directors of Central Federal Corporation and CFBank. On
Nov. 13, 2012, Jerry F. Whitmer resigned as a director of Central
Federal Corporation and CFBank. On Nov. 14, 2012, William R.
Downing resigned as a director of Central Federal Corporation and
CFBank.
About CEDC
Mt. Laurel, New Jersey-based Central European Distribution
Corporation is one of the world's largest vodka producers and
Central and Eastern Europe's largest integrated spirit beverages
business with its primary operations in Poland, Russia and
Hungary.
Ernst & Young Audit sp. z o.o., in Warsaw, Poland, expressed
substantial doubt about Central European's ability to continue as
a going concern, following the Company's results for the fiscal
year ended Dec. 31, 2011. The independent auditors noted that
certain of the Company's credit and factoring facilities are
coming due in 2012 and will need to be renewed to manage its
working capital needs.
Liquidity
Certain credit and factoring facilities are coming due in 2012,
which the Company expects to renew. Furthermore, the Company's
Convertible Senior Notes are due on March 15, 2013. The
Company's current cash on hand, estimated cash from operations
and available credit facilities will not be sufficient to make
the repayment of principal on the Convertible Notes and, unless
the transaction with Russian Standard Corporation is completed
the Company may default on them. The Company's cash flow
forecasts include the assumption that certain credit and
factoring facilities that are coming due in 2012 will be renewed
to manage working capital needs. Moreover, the Company had a net
loss and significant impairment charges in 2011 and current
liabilities exceed current assets at June 30, 2012. These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.
The transaction with Russian Standard Corporation is subject to
certain risks, including shareholder approval which may not be
obtained. The Company's 2012 Annual Meeting of Stockholders,
which was postponed due to the need to restate the Company's
financial statements, is expected to be held as soon as
practicable. The Company believes that if the transaction is
completed as scheduled, the Convertible Notes will be repaid by
their maturity date, which would substantially reduce doubts
about the Company's ability to continue as a going concern.
* * *
As reported by the TCR on Aug. 10, 2012, Standard & Poor's
Ratings Services kept on CreditWatch with negative implications
its 'CCC+' long-term corporate credit rating on U.S.-based
Central European Distribution Corp. (CEDC), the parent company of
Poland-based vodka manufacturer CEDC International sp. z o.o.
"The CreditWatch status reflects our view that uncertainties
remain related to CEDC's ongoing accounting review and that
CEDC's liquidity could further and substantially weaken if there
was a breach of covenants which could lead to the acceleration of
the payment of the 2016 notes, upon receipt of a written notice
of 25% or more of the noteholders," S&P said.
In the Oct. 9, 2012, edition of the TCR, Moody's Investors
Service has downgraded the corporate family rating (CFR) and
probability of default rating (PDR) of Central European
Distribution Corporation (CEDC) to Caa2 from Caa1.
"The downgrade reflects delays in CEDC securing adequate
financing to repay its US$310 million of convertible notes due
March 2013 which are increasing Moody's concerns that the
definitive agreement for a strategic alliance between CEDC and
Russian Standard Corporation (Russian Standard) might not
conclude at the current terms," says Paolo Leschiutta, a Moody's
Vice President - Senior Credit Officer and lead analyst for CEDC.
===========
R U S S I A
===========
FGC UES: Moody's Lowers Issuer Rating to 'Baa3'; Outlook Stable
---------------------------------------------------------------
Moody's Investors Service has downgraded to Baa3 from Baa2 the
issuer rating of JSC FGC UES (FGC), the monopoly electricity
transmission system operator in Russia. The outlook on the rating
is stable
Ratings Rationale
The rating action reflects Moody's view that the Russian
government will distance itself from FGC in the course of the
restructuring of the Russian grid sector in line with a Decree on
OJSC Russian Grids (Russian Grids) of the President of Russia,
published on November 22, 2012. Specifically, the one-notch
downgrade of FGC's issuer rating reflects Moody's belief that
this restructuring will reduce the probability that the
government will provide extraordinary support to the company in a
distress situation.
FGC is a government-related issuer (GRI) under Moody's rating
methodology for GRIs. FGC's investment-grade issuer rating
incorporates an uplift to the company's baseline credit
assessment (BCA) -- a measure of its standalone credit quality --
of ba. Moody's has adjusted downwards the probability of state
support factored into the company's issuer rating to "strong"
from "high", which has reduced the uplift to the BCA, albeit it
remains unchanged at ba.
In June 2012, the Russian government transferred IDGC Holding
(Ba1 developing), the holding company for 11 core regional and
interregional distribution grid companies, under management of
FGC, the Russian transmission grid business. However, thereafter,
the government has been working out a new strategy for the
development of the grid sector, including a further alliance of
the two entities. In accordance with the mentioned Presidential
Decree, the grid sector is now to be consolidated on the basis of
IDGC Holding. The government will transform IDGC Holding, which
will be renamed Russian Grids, into a management company for
distribution grid businesses and FGC's transmission grid
business. The management company will direct the development of
the domestic grid sector to increase the quality and reliability
of services, control costs and interlink investments in
transmission and distribution grids. The government will
contribute its stake in the FGC to the management company. As a
result, the government's direct ownership of FGC will be replaced
by an indirect one.
Moody's expects the government's effective ownership and control
over FGC through the management company to be materially below
the 75% plus one share currently required under Russian law.
Moody's understands that the Presidential Decree requires the
government's effective control over FGC to be at least 50% plus
one share and requests that a shareholder agreement between the
government and Russian Grids be developed, which will enable the
government to maintain control over FGC's operations. However,
the rating agency considers that the planned change to FGC's
ownership structure and position in the corporate framework of
the state-controlled grid sector will distance the company from
the government and complicate their interaction. Moody's would
expect this to reduce the probability of extraordinary state
support in a distress situation.
FGC's ba BCA remains constrained by the evolving regulatory
regime in the Russian grid sector, its changing configuration and
the company's significant investment program, which exerts
pressure on its financial profile. However, the sustainability of
the company's regulated and strategically important business as
the national transmission grid operator continues to underpin the
BCA.
Outlook
The stable outlook considers that the Presidential Decree
contains a reasonably detailed plan of the grid sector
restructuring. In Moody's view, the plan highlights the Russian
government's clear intention to maintain control over FGC, and
the rating agency would expect state support for the company to
remain strong. Moody's notes that there are execution risks
associated with the plan. The agency also notes uncertainties
associated with the evolving regulation and the government's
developing strategy for the grid sector. However, the outlook
reflects Moody's expectation that the steps outlined in the
Presidential Decree will be executed in the coming months in a
way that does not negatively affect FGC's business and financial
risk profile.
What Could Change The Rating Up/Down
Moody's considers an upgrade of FGC's rating to be unlikely at
this stage given the above mentioned execution risks and
uncertainties.
Negative pressure on FGC's ratings could result from (1)
unexpected changes to the new restructuring plan or its
implementation, signaling weakening support from the government;
(2) a negative shift in the developing regulatory regime and
deteriorating margins; (3) a failure of the company to manage its
investment program in line with the tariff regulation and contain
a deterioration of its financial profile, with funds from
operations (FFO) interest coverage and FFO/net debt falling
materially and persistently below 3.5x and 25%, respectively; (4)
pressured liquidity.
Principal Methodologies
The methodologies used in this rating were Regulated Electric and
Gas Networks published in August 2009, and Government-Related
Issuers: Methodology Update published in July 2010.
Headquartered in Moscow, Russia, JSC Federal Grid Company of
Unified Energy System is the monopoly electricity transmission
system operator in the Russian Federation. The company's
revenues, approximately 96.5% of which are transmission revenues
fully regulated by the state, amounted to RUB139.6 billion
(around US$4.7 billion) in 2011 (other operating income of RUB7.8
billion, primarily from non-core activities, is not included).
The Russian government currently directly owns 79.55% of the
company's ordinary shares.
MTS-BANK: Fitch Affirms 'B+' Long-Term IDR; Outlook Stable
----------------------------------------------------------
Fitch Ratings has affirmed MTS-Bank's (MTSB) Long-term Issuer
Default Ratings (IDRs) at 'B+' with a Stable Outlook. At the
same time, the agency has affirmed and withdrawn Dalcombank's
(DCB) ratings, which has ceased to exist as a separate legal
entity following its merger into MTSB.
RATING ACTION RATIONALE AND DRIVERS: MTSB'S IDRS, SUPPORT RATING,
NATIONAL RATING
MTSB's IDRs reflect the support it can expect to receive, if
needed, from its majority shareholder, Sistema Joint Stock
Financial Corp. (Sistema; 'BB-'/Stable); MTSB is wholly owned by
Sistema and its subsdiaries. In assessing Sistema's propensity
to provide support, Fitch considers the track record of capital
support in recent years, the significant reputational and market
access risks that would be associated with a default of the
group's bank, the relatively small size of the bank compared to
the broader group (implying a moderate relative cost of any
required support) and MTSB's still significant role in supporting
the group's treasury function. It is also underpinned by strong
brand association with OJSC Mobile TeleSystems (MTS, 'BB+'), the
strongest entity within the Sistema group, and the plans of MTSB
and MTS to launch joint projects in consumer finance and
settlement services.
At the same time, Fitch also notes the bank's limited strategic
fit with the rest of the group and its weak performance during
recent years, which could moderately undermine Sistema's
readiness to provide support.
RATING SENSITIVITIES: MTSB'S IDRS, SUPPORT RATING, NATIONAL
RATING
MTSB could be upgraded or downgraded if there was a change in
Sistema's ratings. Closer integration with, and greater
ownership by, MTS could also result in upward pressure on the
ratings. Any clear indication that Sistema's commitment to MTSB
had weakened, or failure of the parent to provide timely support
if needed, could result in downward rating pressure.
RATING ACTION RATIONALE AND DRIVERS: MTSB'S VR
MTSB's 'b-' Viability Rating (VR) is constrained by moderate
capitalization, weaknesses in asset quality, weak operating
efficiency, execution risks related to the revised strategy and
the low transparency and potential regulatory risks related to
subsidiary East-West United Bank (EWUB). At the same time,
funding and liquidity have been stable, and there have been some
recent improvements in the management team and corporate
underwriting.
At end-H112, MTSB's reported level of loans overdue by more than
90 days (NPLs) accounted for 8.4% of the bank's standalone loan
book and an additional 2.2% of loans were restructured. Loss
rates in the retail book have been somewhat higher than most
peers in the low mass-market segment, and risks are likely to
remain elevated as management targets aggressive retail loan
growth. Corporate NPLs have been moderate, but the portfolio is
still quite unseasoned, and further losses in the bank's own book
and/or re-assessment of loans transferred from DCB are possible.
MTSB's profitability is undermined by low interest spreads, high
impairment charges and significant operating costs, with the
cost-to-income standing at over 80%. Despite some improvements
in pre-impairment profitability during 9M12, MTSB is still unable
to generate capital internally, and the consolidated BIS Tier 1
ratio decreased to 11.2% at end-H112. MTS recently announced
that it will become a shareholder of the bank by Q113 when it
plans to purchase a 25% stake for RUB5 billion. The fresh
capital will add to the bank's ability to absorb losses and its
capacity to maintain growth in retail lending under new CBR
regulations. The quality of capital may be weakened two large
interbank placements (about 48% of fitch core capital), which in
Fitch's view may be of a fiduciary nature.
Fitch also continues to express concern about the low
transparency of the operations of Luxembourg-based EWUB, which
accounted for 28% of consolidated loans at end-H112. EWUB is
primarily engaged in extending cash-backed loans to foreign-
domiciled entities, mainly Fitch understands for regulatory
purposes or tax considerations. The bank should not be taking
significant financial risks on the loans, but reputational and
regulatory risks could be high, in the agency's view.
RATING SENSIVITIES: MTSB's VR
The VR could be upgraded if the consumer lending strategy is
successfully implemented, resulting in stronger performance, and
Fitch's concerns about asset and capital quality moderate. A
further sharp deterioration in asset quality and capitalization
could give rise to downward pressure on the rating.
The rating actions are as follows:
MTSB's ratings were affirmed as follows:
-- Long-term IDR: 'B+'; Outlook Stable
-- Short-term IDR: 'B'
-- Support Rating: '4'
-- Viability Rating: 'b-'
-- National Long-term rating: 'A-(rus)'; Outlook Stable
-- Senior unsecured debt: 'A-(rus)'
DCB's ratings were affirmed and withdrawn as follows:
-- Long-term IDR: 'B+', Stable Outlook
-- Short-term IDR: 'B'
-- Support Rating: '4'
-- Viability Rating: 'b-'
-- National Long-term rating: 'A-(rus)', Stable Outlook
* NIZHY NOVGOROD: S&P Affirm LT Issuer Credit Rating at 'BB'
------------------------------------------------------------
Standard & Poor's Ratings Services affirmed its long-term issuer
credit rating on the Russian city of Nizhny Novgorod at 'BB' and
its Russia national scale rating at 'ruAA'. The outlook is
stable.
"The affirmation reflects our view of the city's concentrated
economic base, limited budgetary flexibility and predictability,
and significant infrastructure investment needs. Nevertheless, we
believe the city's sound budgetary performance, low debt levels,
and neutral liquidity supported by prudent financial management
practices underpin its ratings," S&P said.
"Nizhny Novgorod is Russia's fifth-largest city, with gross
output and revenues per capita higher than Russian average and
those of the Nizhny Novgorod oblast. We expect its economy to
expand by about 5% a year on the back of a growing service sector
over the next three years. However, the city's economy and
employment still largely depend on machinery production and auto
manufacturing group GAZ (not rated)," S&P said.
"Nizhny Novgorod's budgetary flexibility and predictability are
limited by federal and Nizhny Novgorod oblast control over
transfers and tax-sharing rates. We estimate that the city lost
about 17% of its operating revenues in 2012 because of a drop in
its share of personal income and corporate property taxes
triggered by amendments to federal legislation. In our view this
loss will not be fully covered by a reduction in healthcare
spending. Federal initiatives to increase public sector salaries
will also pressure the city's budget from 2012-2015," S&P said.
"The city's management is committed to fiscal discipline, and we
expect it to control operating expenditure growth--mainly
maintenance and other discretionary spending--over the next three
years in line with its conservative draft financial plan. As a
result, under our base-case scenario we expect sound operating
performance with operating margins of about 5% in 2012-2015," S&P
said.
"We also believe the city will continue to benefit from co-
financing and direct investment into its infrastructure from
higher-tier budgets, which should support its balance after
capital accounts. We expect Nizhny Novgorod oblast to continue to
provide capital grants for major transport projects, including
road and metro construction. In two to four years the city is
also likely to receive federal funds in preparation for its
hosting of the 2018 FIFA World Cup, which will include the
reconstruction of its airport. The influx of capital transfers
should allow the city to cover part of its pressing
infrastructure development needs and keep its average deficit
after capital accounts below 5% of total revenues," S&P said.
"We therefore believe Nizhny Novgorod's tax-supported debt will
remain low at an average 25% of consolidated operating revenues
to 2015," S&P said.
"The stable outlook reflects our view that Nizhny Novgorod's
cautious spending policies, and capital support from the oblast
and the federal budget, will result in a sound budgetary
performance with an average operating balance of about 5% of
operating revenues and a deficit after capital accounts of 3% of
total revenues in 2012-2015. It also assumes that the city will
continue its existing liquidity policy and maintain neutral
liquidity over the next three years," S&P said.
"We might take a negative rating action within the next 12 months
if Nizhny Novgorod's management proved unable to limit spending
growth. This could lead to weakening budgetary performance with
operating balance turning negative in 2012-2013, and higher
borrowing resulting in tax-supported debt of more than 30% of
consolidated operating revenues, in line with our downside
scenario," S&P said.
"We might take a positive rating action if, in line with our
upside-case scenario, a continued shift to medium-term maturities
resulted in an improvement in the city's debt profile that,
together with higher operating margins supported its liquidity.
However, we view a positive rating action as unlikely over the
next 12 months," S&P said.
=========
S P A I N
=========
CONFEDERACION ESPANOLA: S&P Cuts Counterparty Ratings to 'BB+/B'
----------------------------------------------------------------
Standard & Poor's Ratings Services lowered its long- and short-
term counterparty credit ratings on Confederacion Espanola de
Cajas de Ahorros (CECA) and on Ibercaja Banco S.A. (iberCaja) to
'BB+/B' from 'BBB-/A-3' and its long-term rating on Bankinter
S.A. (Bankinter) to 'BB' from 'BB+'. "We affirmed our 'B' short-
term rating on Bankinter. The outlook on the ratings on these
banks is negative. All ratings were removed from CreditWatch
negative, except the short-term rating on Bankinter, which was
not on CreditWatch," S&P said.
"After lowering the ratings on CECA, we have withdrawn them at
the issuer's request. Subsequently we assigned our 'BB+/B'
counterparty credit ratings to CECABANK S.A. (Cecabank), a newly
created commercial bank following the transfer by CECA to
Cecabank of most of CECA's assets and liabilities. The outlook is
negative," S&P said.
"We are keeping on CreditWatch with negative implications our
'BB' long-term rating on Bankia S.A. and our 'B/B' long- and
short-term ratings on its parent holding company, Banco
Financiero y de Ahorros S.A. (BFA), ahead of the announcement of
full details on the content of the banks' recapitalization and
restructuring plans, expected to be finally approved by the end
of the month," S&P said.
"We affirmed our ratings on the remaining Spanish banks that we
rate and, when appropriate, removed them from CreditWatch with
negative implications. The outlook on the ratings on these banks
is negative. See below for a comprehensive list of rating
actions," S&P said.
"We lowered the nondeferrable subordinated debt and hybrid
instruments ratings of Banco Popular Espanol S.A. (Popular) and
Bankinter S.A. by one notch and those of Banco de Sabadell S.A.
(Sabadell) and Ibercaja Banco S.A. (iberCaja) by two notches.
These actions are driven by the lowering of the banks' SACPs,"
S&P said.
"We now have a more negative view of the economic risks that
Spanish banks are facing, and we expect credit risks to rise. The
rapidly deteriorating creditworthiness of the Spanish sovereign,
as evidenced by multiple downgrades over the last 12 months, is a
leading indicator of greater credit risk in lending to
households, corporations, and the public sector. Banks are now
more exposed to the weaker public sector, while austerity
measures, high unemployment, and poor economic growth prospects
makes lending in Spain to all sectors more risky," S&P said.
"In our view, the deteriorating condition of the sovereign will
weigh heavily on the economic and operating environment in Spain,
which in turn will reduce the resilience of both the corporate
and household sectors in the medium-term. Further, this could
counterbalance the positive effects of the deleveraging trend
currently underway in the private sector," S&P said.
"Reflecting the higher economic risks faced by the Spanish
banking industry, we have revised down our anchor (the starting
point for our ratings) for financial institutions operating
primarily in Spain to 'bb+' from 'bbb-'. This excludes Banco
Santander S.A. (Santander) and Banco Bilbao Vizcaya Argentaria
S.A. (BBVA), which we view as less exposed to developments in
their home market due to their wider geographic diversification,
and so we are maintaining their anchor at 'bbb-'," S&P said.
"Our expectation of higher economic risks ahead for banks has
also led us to revise downward our capital and earnings
assessments on six banks: CaixaBank S.A. (Caixabank), Sabadell,
iberCaja, Bankinter, Barclays Bank S.A. (BBSA), and Bankia. For
Bankia, we also took into account the effects on capital of the
sizeable losses reported at end 2011 and June 2012. At present,
our capital and earnings assessments for all Spanish banks range
from very weak to moderate, with the exception of CECA. For CECA,
we consider the bank will be able to sustain its current adequate
capital position over the foreseeable future. The weaker capital
assessments have had a negative impact on the stand-alone credit
profiles (SACPs) of all of the above mentioned banks, except
bankia," S&P said.
"Despite lowering several SACPs, we have only lowered our ratings
on three institutions, CECA, iberCaja, and Bankinter, as the
impact of lower SACPs for these three institutions is not offset
by any benefit from receiving government or parental support,"
S&P said.
"In the case of Popular, our assessment of capital has remained
weak despite increased economic risks due to its EUR2.5 billion
capital increase underway. As the bank is expected to reinforce
its capital by its own means, rather than resorting to state aid,
we removed short-term capital support from its ratings. At the
same time, and given its high systemic importance for the Spanish
banking system, we are giving a one-notch ratings uplift to
reflect our expectation that the bank could receive extraordinary
government support in a crisis," S&P said.
"We have also performed a review of the funding and liquidity
scores we assign to Spanish banks, to identify those institutions
that have been more reliant on funding support from the
government and the central bank following the approach
communicated in February 2012 and as we announced in early August
2012," S&P said.
"As a result of this review, we have revised down our funding
assessment on four banks to below average from average. These
banks are Sabadell, Popular, Bankinter, and Bankia. We see the
funding profiles of these four banks as weaker than those of
domestic peers in light of their comparatively higher reliance on
wholesale funding at a time when markets are virtually closed and
due to their higher reliance on systemic funding sources,
primarily ECB borrowings," S&P said.
"The weakening of our funding assessments on these banks
underscores the pressure on their SACPs (except in the case of
Bankia, whose SACP is already at a very weak 'ccc+'). That said,
because we consider that ECB funding will give these banks time
to rebalance their funding profiles to a level on par with
domestic peers over the medium term, we are incorporating short-
term support in our funding assessments for the first time. This
offsets the negative impact of our views of these banks' current
funding imbalances on their ratings," S&P said.
"We have improved our funding assessments to above average for
two banks: Caixabank and Kutxabank S.A. (Kutxa). This reflects
our view that these banks have a better balanced funding
structure and significantly lower reliance on ECB funding than
the average of the system. The change in our assessment of the
funding position has, however, a neutral impact on our SACPs and
ratings on these institutions as we typically only provide an
uplift in the SACP of banks that combine 'above-average' funding
and 'strong' liquidity, whereas we continue to see Caixabank and
Kutxa's liquidity as 'adequate,'" S&P said.
"As part of this review, we have maintained our liquidity
assessments at 'adequate' on all our Spanish rated banks, except
Bankia. We have lowered our liquidity assessment for Bankia to
'weak' to reflect the bank's meaningful increase in short-term
ECB borrowings during the first half of 2012, which we believe
will take some time to unwind, and our view on its limited
liquidity cushions. Having already pledged as collateral a
sizeable amount of assets, we believe that the bank's liquidity
cushions are limited. In our view, however, the upcoming transfer
of risky assets of Bankia to an external asset management company
and the capital increase will provide some relief to Bankia's
stretched liquidity (by strengthening its portfolio of assets
eligible for discount), and we are thus recognizing this benefit
in the short-term funding support uplift over its SACP that we
incorporate in ankia's ratings," S&P said.
"Following the review of both the implications of the higher
economic risks ahead on banks' business and financial profiles
and the banks' funding and liquidity assessments, the majority of
our ratings and SACP assessments on Spanish banks are in the
noninvestment grade category," S&P said.
OUTLOOKS/CREDITWATCH
"All our long-term ratings on financial institutions, except
those on Bankia and BFA whose ratings remain on CreditWatch with
negative implications, carry negative outlooks. The negative
outlooks reflect to different degrees these factors," S&P said:
The negative outlook on the ratings on the sovereign, and
thus the likelihood of a further sovereign downgrade
triggering similar rating actions on those banks that are
currently rated at or above the level of Spain's foreign
currency ratings, as well as on the banks currently
benefiting from extraordinary government support (namely
Sabadell, Popular, and Bankia).
"The likelihood that the operating environment in Spain
becomes more difficult than we currently anticipate," S&P
said.
"The possibility of banks falling below our current
expectations for profitability, asset quality, or capital,"
S&P said.
"The possibility that some banks will not be able to correct
their funding imbalances and reduce their reliance on ECB
funding, so that we may anticipate that, by the time funding
via its long-term refinancing operations expires, they would
maintain a comparatively high reliance on short-term central
bank funding," S&P said.
"The long-term rating on Bankia and the long- and short-term
ratings on BFA remain on CreditWatch with negative implications
pending the reception (and analysis) of comprehensive information
on the group's recapitalization and restructuring plans, which we
expect to be approved and disclosed by the end of this month. At
present, we think that one of the key factors that might prompt
us to consider a negative rating action on Bankia are the
potential implications of the restructuring plan on our view of
the strength of Bankia's franchise and the future stability of
its business, and our view of the managerial challenges that the
restructuring would entail. As part of the resolution of the
CreditWatch on these two entities, we will also consider whether
to maintain or reduce the current three-notch gap between the
operating and holding company," S&P said.
BICRA SCORE SNAPSHOT
SCORE*
To From
BICRA 6 5
Economic Risk 7 6
Economic Resilience 3 3
Economic Imbalances 5 5
Credit Risk In The Economy 4 3
Industry Risk 5 5
Institutional Framework 3 3
Competitive Dynamics 3 3
Systemwide Funding 4 4
*On a scale from 1 (lowest risk) to 10 (highest risk)
RATINGS LIST
Downgraded; CreditWatch Action
To From
Bankinter S.A.
Long-Term Counterparty Credit Rating BB/Negative BB+/Watch Neg
Confederacion Espanola de Cajas de Ahorros
Counterparty Credit Rating BB+/Neg/B BBB-/Watch
Neg/A-3
Ibercaja Banco S.A. Counterparty Credit Rating
BB+/Negative/B
BBB-/Watch Neg/A-3
Ratings Affirmed; CreditWatch Action
To From
Banco de Sabadell S.A.
Long-Term Counterparty Credit Rating BB/Negative BB/Watch Neg
Banco Popular Espanol S.A.
Long-Term Counterparty Credit Rating BB/Negative BB/Watch Neg
CaixaBank S.A.
Counterparty Credit Rating BBB-/Neg/A-3 BBB-/Watch
Neg/A-3
Caja de Ahorros y Pensiones de Barcelona
Long-Term Counterparty Credit Rating BB/Negative BB/Watch Neg
Kutxabank S.A.
Counterparty Credit Rating BBB-/Neg/A-3 BBB-/Watch
Neg/A-3
Ratings Remaining on CreditWatch
Bankia S.A.
Long-Term Counterparty Credit Rating BB/Watch Neg
Banco Financiero y de Ahorros S.A.
Long-Term Counterparty Credit Rating B/Watch Neg--
Short-Term Counterparty Credit Rating B/Watch Neg
Ratings Affirmed
Banco Bilbao Vizcaya Argentaria S.A.
Counterparty Credit Rating BBB-/Negative/A-3
Banco Santander S.A.
Banco Espanol de Credito S.A.
Counterparty Credit Rating BBB/Negative/A-2
Santander Consumer Finance S.A.
Counterparty Credit Rating BBB-/Negative/A-3
Banco Santander Totta S.A.
Counterparty Credit Rating BB/Negative/B
Banco de Sabadell S.A.
Short-Term Counterparty Credit Rating B
Banco Popular Espanol S.A.
Short-Term Counterparty Credit Rating B
Bankia S.A.
Short-Term Counterparty Credit Rating B
Bankinter S.A.
Short-Term Counterparty Credit Rating B
Barclays Bank S.A.
Counterparty Credit Rating BBB-/Negative/A-3
Caja de Ahorros y Pensiones de Barcelona
Short-Term Counterparty Credit Rating B
New Rating
Cecabank S.A.
Counterparty Credit Rating BB+/Negative/B
Ratings Withdrawn
Confederacion Espanola de Cajas de Ahorros
Counterparty Credit Rating NR BB+/Negative/B
NB. This list does not include all ratings affected.
SANTANDER HIPOTECARIO 3: Fitch Cuts Rating on Cl. C Tranche to CC
-----------------------------------------------------------------
Fitch Ratings has downgraded five and affirmed three tranches of
FTA, Santander Hipotecario 3, as follows:
-- Class A1 (ISIN ES0338093000) downgraded to 'Bsf' from
'BBsf'; Outlook Negative
-- Class A2 (ISIN ES0338093018) downgraded to 'Bsf' from
'BBsf'; Outlook Negative
-- Class A3 (ISIN ES0338093026) downgraded to 'Bsf' from
'BBsf'; Outlook Negative
-- Class B (ISIN ES0338093034) downgraded to 'CCCsf' from
'Bsf'; Recovery Estimate 50%
-- Class C (ISIN ES0338093042) downgraded to 'CCsf' from
'CCCsf'; Recovery Estimate 0%
-- Class D (ISIN ES0338093059) affirmed at 'CCsf'; Recovery
Estimate 0%
-- Class E (ISIN ES0338093067) affirmed at 'CCsf'; Recovery
Estimate 0%
-- Class F (ISIN ES0338093075) affirmed at 'Csf'; Recovery
Estimate 0%
The downgrades of the class A, B and C notes reflect the
continued poor credit performance of the assets. The downgrades
of the senior notes are also due to the interest deferral
triggers in this transaction not being breached despite the
adverse performance.
Santander Hipotecario 3 features predominantly higher loan-to-
value ratio residential mortgage loans originated near the peak
of the market by Banco Santander ('BBB+'/Negative/'F2'). The
weighted average original loan-to-value ratio at close was 92.4%.
As a result of the more adverse credit characteristics of the
portfolio, the performance of the transaction to date has been
relatively weak, with an exceptionally high level of defaults
observed. As of October 2012, the level of net cumulative
defaults was 9.6% of the current outstanding balance.
The poor credit performance of the underlying assets combined
with insufficient availability of excess spread has led to the
depletion of the reserve fund, a large build-up of unprovisioned
defaulted loans. The resulting principal deficiency ledger
balance has reached a level that would represent a loss on a
portion of the class B notes and all those below class B. As of
October 2012, the level of unprovisioned defaults was EUR166
million.
To understand the true principal deficiency position of the
transaction, in its analysis, Fitch applied market value declines
of up to 50% on the portfolio of defaulted assets, in line with
what has been observed on repossessed properties associated with
Banco Santander originated loans.
Unlike most other Spanish transactions that have experienced
severely adverse performance, this transaction has not breached
the interest deferral triggers. This is partially due to the way
the calculation of the gross cumulative default triggers have
been interpreted by the calculation agent. As a result, the more
junior notes are continuing to receive their interest instead of
class A principal being paid down.
* SPAIN: Moody's Takes Rating Actions on 156 RMBS Transactions
--------------------------------------------------------------
Moody's Investors Service has taken rating actions on 156 Spanish
residential mortgage-backed securities (RMBS) transactions
further to its reassessment of the entire Spanish RMBS market.
The rating agency's reassessment takes into consideration the
continued collateral performance deterioration, the rating
agency's updated European RMBS rating methodology and ongoing
deterioration in the credit quality of the Spanish sovereign and
transactions' counterparties. Moody's has commented on these
three ratings drivers, which have developed over the past 12
months, in its Special Comment, "European ABS and RMBS:
Structured finance ratings in Aaa-countries ratings are stable;
downgrades expected in other countries" published on November 14,
2012.
Link: http://is.gd/dRW6nO
Specifically, Moody's has downgraded the ratings of 196 notes
previously rated at the country ceiling, 61 notes previously
rated below A3 (sf) and confirmed the ratings of 63 notes out of
156 Spanish RMBS transactions. Moody's downgraded the senior
notes by an average of 1 to 2 notches and junior notes by an
average of 1 to 4 notches. The downgrades are driven primarily by
revised key collateral assumptions following Moody's reassessment
of the entire Spanish RMBS sector. As part of the rating action,
Moody's has also concluded its rating review of 16 Spanish RMBS
transactions placed on review on June 8, 2012, following the
release of the rating agency's updated methodology for rating
EMEA RMBS transactions.
Please click on this link http://is.gd/CQGHGu for the list of
affected ratings. This list is an integral part of this press
release. For a detailed rationale on each rating action, please
refer to the list of affected credit ratings.
At the same time, Moody's has revised key collateral assumptions
in 25 other transactions, which did not result in any rating
action due to sufficient credit enhancement. The list of updated
assumptions for the entire Spanish RMBS sector is available in
the following link http://is.gd/CmG2qC
Moody's has confirmed the ratings of notes rated at the country
ceiling with sufficient credit enhancement and adequately
mitigated exposure to counterparties. All Spanish RMBS notes
rated above Ca (sf) and not confirmed by the rating action remain
on review pending reassessment of required credit enhancement to
address country risk exposure. Some tranches are also on review
pending assessment of rating linkage to counterparties.
Ratings Rationale
The rating action reflects, for most Spanish RMBS tranches, the
revision of key collateral assumptions following Moody's
reassessment of the entire Spanish RMBS sector. Moody's expects a
contracting Spanish economy and high unemployment in 2013, as the
government pursues austerity measures to cut the budget deficit.
The oversupply of houses, weak demand and Spanish eviction
moratorium, which came into effect in November 2012, will
contribute to uncertainties relating to the timing and amount of
future recoveries on repossessed properties.
The rating agency maintained the key collateral assumptions in a
number of transactions but downgraded senior tranches because of
insufficient credit enhancement to achieve the country ceiling.
-- REVISION OF KEY COLLATERAL ASSUMPTIONS
Moody's has revised the portfolio loss assumptions because of
worse-than-expected collateral performance. Moody's has also
reassessed the credit quality of the outstanding Spanish RMBS
portfolios to determine the credit enhancement (MILAN CE)
required under the senior tranche for it to achieve the country
ceiling. For this analysis, Moody's used the updated methodology
to rate EMEA RMBS transactions.
The rating agency has increased (1) lifetime expected losses (EL)
in 82 RMBS transactions; and (2) the MILAN credit enhancement
(CE) assumptions in 167 RMBS transactions.
- Expected loss (EL)
Since Moody's last revision of assumptions in December 2011,
Spanish collateral performance has continued to deteriorate.
Moody's Spanish Prime RMBS index reported 90+ day delinquencies
at 2.04% in September 2012, up from 1.20 % in December 2011. The
cumulative defaults index increased to 2.85% in September 2012,
up from 2.14% in December 2011. Annualized redemption rates
remained flat over the past year, currently representing 3.84%.
Cash recoveries in the Spanish RMBS market have been limited to-
date because of falling Spanish house prices and low property
market liquidity.
The continued deterioration in 90+ day arrears and cumulative
defaults in the Spanish RMBS market translated into higher
projected EL assumptions for certain portfolios. Moody's negative
outlook for Spanish RMBS is reflected in the updated assumptions.
Moody's revised its assumptions of expected losses in 82
transactions. For the overall Spanish RMBS market Moody's is
assuming an average of 1.9% future losses for seasoned
transactions with relatively good asset performance. In the case
of less seasoned transactions showing below average performance
Moody's expects on average 6% of future losses.
- MILAN CE
Moody's has revised its MILAN CE assumptions following the
publication of the updated methodology used in its RMBS
collateral analysis. The key changes to the EMEA RMBS methodology
include the introduction of a transaction minimum credit
enhancement level and to various default and severity settings in
the scoring model. The overall MILAN CE is subject to two
separate floors, the Minimum Portfolio MILAN CE and the Minimum
Expected Loss Multiple. The Minimum Portfolio MILAN CE for
Spanish RMBS ranges between 10%-15% to A3(sf) rating, or country
ceiling. The Minimum Expected Loss Multiple incorporates the
updated EL assumptions.
-- INSUFFICIENCY OF CREDIT ENHANCEMENT FOR SENIOR NOTES TO
ACHIEVE COUNTRY CEILING
Moody's downgraded 8 notes in 7 transactions due to insufficient
credit enhancement despite maintaining the key collateral
assumptions. In Moody's opinion, the affected senior securities
available credit enhancement is insufficient to compensate for
the EL or MILAN CE assumptions. As a result, these Spanish
securities cannot achieve the maximum achievable rating of
A3(sf).
-- SUFFICIENT CREDIT ENHANCEMENT TO ACHIEVE COUNTRY CEILING AND
ADEQUATELY MITIGATED EXPOSURE TO COUNTERPARTIES
Moody's has confirmed the ratings of 63 notes rated at the
country ceiling with sufficient credit enhancement and adequately
mitigated exposure to counterparties. Out of these 63
transactions Moody's increased MILAN CE or EL in 52 transactions
but the credit enhancement is sufficient to offset the revised
assumptions. In addition, Moody's believes that the credit
enhancement supporting these notes provides adequate cushion
against country risk exposure.
-- FIRST DRIVER FOR REVIEW PLACEMENT: REASSESSMENT OF CREDIT
ENHANCEMENT TO ADDRESS COUNTRY RISK EXPOSURE
Moody's maintains on review for downgrade the ratings of notes
rated above Ca (sf) in order to reassess credit enhancement
adequacy levels, given the higher risk of economic and financial
instability. Moody's is continuing to consider the impact of the
deterioration of the sovereign's financial condition and the
resulting asset portfolio deterioration on tranches of structured
finance transactions.
-- SECOND DRIVER FOR REVIEW PLACEMENT: ASSESSMENT OF LINKAGE TO
COUNTERPARTIES
Some senior and subordinated notes also remain on review pending
Moody's assessment of the rating linkage to counterparties. The
rating agency will assess the degree of linkage by taking into
account payment disruption risk and the high exposure to swap
providers or to issuer account banks.
OTHER DEVELOPMENTS MAY NEGATIVELY AFFECT THE NOTES
As the euro area crisis continues, the ratings of structured
finance notes remain exposed to the uncertainties of credit
conditions in the general economy. The deteriorating
creditworthiness of euro area sovereigns as well as the weakening
credit profile of the global banking sector could negatively
affect the ratings of the notes.
On August 21, 2012, Moody's released a request for comment
seeking market feedback on proposed adjustments to its modelling
assumptions. These adjustments are designed to account for the
impact of rapid and significant country credit deterioration on
structured finance transactions. If the adjusted approach is
implemented as proposed, the rating of the Spanish RMBS included
those affected by the rating action may be negatively affected.
Additional factors that may affect the resolution of these
reviews are described in "The Temporary Use of Cash in Structured
Finance Transactions: Eligible Investment and Bank Guidelines:
Request for Comment" and "Approach to Assessing Linkage to Swap
Counterparties in Structured Finance Cashflow Transactions:
Request for Comment", both published on July 2, 2012.
Key modelling assumptions, such as expected loss and MILAN CE
assumptions have been updated. Potential sensitivities, cash flow
analysis and stress scenarios for the affected transactions have
not been updated, as the rating actions have been primarily
driven by (1) the update of the key assumptions; and, as a
consequence, (2) Moody's decision to assess credit enhancement
levels consistent with each structured finance rating category.
Principal Methodologies
The principal methodology used in these ratings was "Moody's
Approach to Rating RMBS in Europe, Middle East, and Africa",
published in June 2012.
Moody's approach to country risk ceilings is described in "Local
Currency Country Risk Ceiling for Bonds and Other Local Currency
Obligations", published on August 16, 2012.
The rating considerations described in this press release
complement the principal rating methodologies applicable to
Spanish RMBS transactions affected by the rating action.
* SPAIN: Catalonia Party Leader Calls for Referendum on Breakup
---------------------------------------------------------------
Jonathan House and Matt Moffett at Dow Jones Newswires report
that residents of Spain's wealthy Catalonia region voted Sunday
in regional parliamentary elections that will gauge the strength
of an independence push that threatens to further destabilize one
of Europe's largest ailing economies.
An early exit poll indicated that pro-independence parties likely
won a big majority, as expected, but that the party of leader of
the independence movement, Catalonian President Artur Mas, fared
worse than expected, Dow Jones relates. According to Dow Jones,
that would suggest that while there is broad support for
independence, Mr. Mas will face challenges in leading the
fragmented movement and carrying out his pledge to call a
referendum on whether Catalonia should split from Spain.
Analysts cautioned that exit polls have been wrong before and it
would be necessary to wait for final results to make a clear
evaluation, Dow Jones states.
Investors have feared the elections could set the stage for a
prolonged conflict between Catalonia, Spain's top exporting
region and highest-taxpaying one, and the central government in
Madrid, Dow Jones says. Spain's constitution doesn't contemplate
the possibility of secession, and conservative Prime Minister
Mariano Rajoy said he has no intention of backing a
constitutional amendment to facilitate a breakup, Dow Jones
notes. Only the central government can authorize referendums,
Dow Jones discloses.
The conflict threatens to further damage investor confidence in
Spain at a time when the country is struggling to overhaul its
economy and to pay off the debts left by the collapse of a
housing boom, according to Dow Jones.
"Catalonia's claims are crucial for [Europe's] future," Dow Jones
quotes Luca Zaia, president of the Veneto region in wealthier
northern Italy, where there is sympathy for Catalonia's
grievances, as saying. "It is the Europe of people and of
regions that is . . . asserting its role against a centralized,
red-tape Europe."
===========
S W E D E N
===========
SAS AB: Jacob Wallenberg Defends Collective Bargaining Move
-----------------------------------------------------------
Richard Milne at The Financial Times reports that Jacob
Wallenberg, Sweden's leading industrialist, has defended SAS from
fierce criticism from trade unionists that the Scandinavian
airline broke with the Nordic tradition of collective bargaining
during its restructuring.
SAS week threatened it would declare itself bankrupt unless its
pilots and cabin crew in Sweden, Denmark and Norway signed up to
new conditions, including pay cuts of up to 15%, the FT recounts.
That has drawn heated comments from union leaders for departing
from the normally consensual way labor relations are dealt with
in the Nordic region, the FT notes.
However, Mr. Wallenberg, deputy chairman of SAS told the FT SAS's
plight was so serious that there was no other course of action.
"You can ask if it is legitimate or not. If this is the way that
we can save the company and make sure 15,000 employees don't lose
their jobs overnight then it is very legitimate. I'm the first
one to acknowledge the frustration of the employees [and] the
unions. The problem is we didn't have an alternative," the FT
quotes Mr. Wallenberg as saying.
Good relations between management and workers are one of the
elements of the so-called Nordic model that received great
attention during the financial crisis for the way unions agreed
to work more flexibly to allow companies to respond to weak
demand, the FT discloses.
Workers are represented on Swedish companies' boards, holding
three seats on SAS's, the FT says.
SAS's financial health has steadily deteriorated since two rights
issues in 2009 and 2010 and insiders say it was just weeks away
from running out of money, the FT relates. The Nov. 19 deal
between SAS -- half-owned by the governments of Sweden, Denmark
and Norway -- and its eight unions was a condition for banks and
the countries to offer the airline a new credit facility of
SEK3.5 billion, the FT notes.
SAS AB -- http://www.sasgroup.net/-- is a Sweden-based company,
engaged in the air transport services. It is a parent company
within SAS Group, which operates within two business areas. The
Core SAS segment encompasses airline services in the Nordic
countries, as well as intercontinental flights through SAS
Scandinavian Airlines, as well regional airlines in Norway
through Wideroe and in Finland through Blue1. The SAS Individual
Holdings segment comprises operations of Estonian Air, bmi, All
Cargo, Skyways, Air Greenland, Spirit and Trust. SAS AB's fleet
encompasses ten planes. In addition, the Company offers ground
handling services and technical maintenance for the aircraft, as
well as air freight solutions and cargo capacity on passenger
aircraft, purely cargo aircraft and cargo handling. The Group is
also involved in the trainings within the technical aviation
field.
* * *
As reported by the Troubled Company Reporter-Europe on Jan. 2,
2012, Moody's Investors Services maintained the Probability of
Default ratings and Long Term Corporate Family (foreign
currency) ratings of Caa1 on SAS AB at 'Caa1'.
===========================
U N I T E D K I N G D O M
===========================
ANGLIAN WATER: Fitch Affirms 'BB+' Senior Secured Rating
--------------------------------------------------------
Fitch Ratings has affirmed Osprey Acquisitions Limited's (Osprey)
Long-term Issuer Default Rating (IDR) at 'BB' and senior secured
rating at 'BB+'. The Outlook for the Long-term IDR is Stable.
Fitch has also affirmed the bond issued by Anglian Water (Osprey)
Financing Plc (AWOF) at 'BB+' senior secured. The bond is
guaranteed by Osprey, and is thus rated in line with Osprey's
senior secured rating of 'BB+'.
The rating affirmation reflects the strong cash flow
characteristics and adequate financial flexibility of Anglian
Water Services Limited, the main operating subsidiary of the
group, as well as the structurally and contractually subordinated
nature of the holding company financing at Osprey level.
AWOF is the financing vehicle for Osprey, which is a holding
company for businesses focused on the water sector, including
ownership of Anglian Water -- a regulated water and wastewater
business.
KEY DRIVERS
-- Dividend Receipts Support Debt Service:
Fitch calculates Osprey's FYE12 pension-adjusted net
debt/regulatory asset value (RAV) at 89.2%, dividend cover
at 7x and post-maintenance and post-tax interest cover
(PMICR) at around 1.17x. Fitch forecasts for the remainder
of the price control period gearing at or below 90%,
dividend cover in the range of 3.5x-4.0x and PMICR in the
range of 1.1x-1.2x. These forecast metrics remain in line
with Osprey's Long-term IDR of 'BB'. Dividend cover, the
credit ratio which best captures the ability of the group to
service holding company obligations, provides for a
comfortable buffer in comparison to the ratio guideline of
2.5x-3.0x.
RATING SENSITIVITY GUIDANCE:
Negative: Future developments that could lead to negative rating
action include:
A sustainable drop of dividend cover below 2.5x would lead to
negative rating action. Similarly, an increase in group gearing
above 90% or drop of PMICR below 1.1x would attract additional
scrutiny from Fitch.
A marked deterioration in operating and regulatory performance of
Anglian Water or adverse changes to the regulatory framework in
the UK water sector could lead to negative rating action.
Positive: Future developments that could lead to positive rating
actions include:
A fundamental reduction in target gearing would be required for
positive rating action to occur.
LIQUIDITY & DEBT STRUCTURE
-- Adequate Back-Up Liquidity
As of March 31, 2012, Osprey held GBP55.2m in cash and AWOF had
available GBP25 million of undrawn, committed bank facilities
with a maturity in November 2015. This is sufficient to bridge
short-term liquidity needs. For debt service, Osprey and AWOF
effectively rely on upstream cash flows from their operating
subsidiaries, primarily Anglian Water.
EVRAZ PLC: Fitch Assigns 'BB-' Long-Term Issuer Default Rating
--------------------------------------------------------------
Fitch Ratings has assigned EVRAZ plc (EVRAZ) a Long-term foreign
currency Issuer Default Rating (IDR) of 'BB-'. The Outlook is
Stable. itch has also assigned EVRAZ a Short-term foreign
currency IDR of 'B'.
EVRAZ was incorporated as a public company under UK law in
September 2011, as the new non-operating holding company for the
Evraz group. It owns a 100% interest in Evraz Group SA
(EvrazGroup, 'BB-'/Stable), which is currently the group's main
debt issuing entity. Subject to appropriate bondholder
safeguards on any debt raised, we consider the creditworthiness
of EVRAZ broadly equal to that of EvrazGroup so have assigned it
the same rating.
KEY DRIVERS
-- Healthy Performance of Steel-Consuming Industries:
As one of the leading global steel producers with a
diversified product portfolio, EVRAZ benefits from the
healthy performance of steel-consuming industries in its
core Russian market (with 41.4% share in total revenue in
H112). The apparent consumption of steel products in Russia
increased by 16% yoy in 2011 and is expected to increase by
6%-8% in 2012. As a result, upstream production facilities
of the company in Russia are practically fully utilized.
-- Competitive Cost Position:
EVRAZ's competitive cost position is viewed by the agency as
one of the company's main advantages. With an average slab
cash cost of US$372 per 1 ton in Q212 at its Russian steel
mills, EVRAZ is in the first quartile of the global crude
steel cost curve. High self-sufficiency in key raw
materials (iron ore and coking coal), lower energy and labor
costs in Russia are among contributing factors. In 2011,
EVRAZ had full self-sufficiency in iron ore and 56% self-
sufficiency in coking coal. The announced acquisition of a
41% indirect stake in OAO Raspadskaya ('B+'/Stable) and its
consolidation will allow full self-sufficiency in coking
coal in 2013.
-- Consolidation of OAO Raspadskaya is Positive:
On a consolidated basis, Fitch expects EVRAZ to have
moderately better credit metrics compared with EvrazGroup
from 2013 due to the consolidation of OAO Raspadskaya, which
has higher profitability and lower leverage compared with
EvrazGroup. In the agency's view, the consolidation of OAO
Raspadskaya may increase the consolidated EBITDAR margin by
2.0% in 2013.
-- Ratings Alignment With EvrazGroup:
Fitch would expect documentation for debt raised at the
EVRAZ level to include measures for the avoidance of
structural subordination including robust cross default
clauses and/or guarantees. In aligning EVRAZ's rating with
EvrazGroup, Fitch also notes the absence of dividend and/or
inter-company loan restrictions between the two entities
allowing for the free transfer of cash.
The ratings are supported by Fitch's expectations of positive
free cash flow (FCF) generation over the medium term. EVRAZ's
ratings remain constrained by its large Russian operational base,
which exposes it to higher than average political, business and
regulatory risks.
RATING SENSITIVITY GUIDANCE:
Positive: Future developments that could lead to positive rating
actions include:
-- Consolidated EBITDAR margin above 20%
-- Consolidated fund from operations (FFO) adjusted gross
leverage below 2.0x on a sustained basis
Negative: Future developments that could lead to negative rating
action include:
-- Weak legal protections for lenders at the EVRAZ level
resulting in material structural subordination of its debt
-- Consolidated EBITDAR margin below 15%
-- Consolidated FFO adjusted gross leverage above 3.5x on a
sustained basis
LIQUIDITY AND DEBT STRUCTURE
-- Liquidity Remains Acceptable:
The company's liquidity position remains acceptable with
US$1,763 million of cash and equivalents and US$163 million
of committed unutilized bank loans compared with US$1,533
million of short-term loans at end-H112.
-- Expected Deleverage During 2013-2014:
Fitch expects the increase of FFO adjusted gross leverage to
3.8x by end 2012 due to the continuing decrease in steel
prices (end-2011: 2.3x). However, due to expected positive
FCF and consolidation of OAO Raspadskaya, the agency expects
deleveraging to 3.2x by end-2013 and to 2.7x by end-2014.
HEDON SALADS: In Administration, 150 Jobs at Risk
-------------------------------------------------
Hull Daily Mail reports that Hedon Salads Ltd in Main Road,
Newport, has been placed in administration putting 150 jobs at
risk.
Hedon Salads was forced to call in administrators after being
unable to pay creditors, according to Hull Daily Mail.
"I was appointed administrator as the company had liabilities
that couldn't be paid. . . . The company employs about 150 people
and we are looking to preserve as many jobs as we can," the
report quoted Ninoas Koumetteou, director at London corporate
recovery and licensed insolvency specialists
AlexanderLawsonJacob, as saying.
The report notes that Paul Bell, head of economic development at
East Riding Council, said: "The current economic climate is
challenging both the public and private sector. . . . The council
is disappointed to hear Hedon Salads has gone into administration
but is working closely with neighbouring authorities, the Humber
Local Enterprise Partnership and the wider business community to
provide a robust response and help boost the economy through
various initiatives."
Hedon Salads Ltd is a fresh produce company in the UK and has
sites in Newport and Burstwick. It grows and packs salad
products such as peppers, aubergines, cucumbers and tomatoes for
major supermarkets across the country, including Sainsbury's,
Tesco and Asda.
MANGANESE BRONZE: Magal Agrees to Provide Steering Boxes
--------------------------------------------------------
Peter Marsh at The Financial Times reports that Gamil Magal, the
chief executive and main owner of Reading-based Magal
Engineering, has come to the rescue of Manganese Bronze by
agreeing to provide new supplies of vital parts that have kept
400 London taxis made by the company off the road.
According to the FT, Mr. Magal is providing new stocks of taxi
"steering boxes". The boxes had previously been made in China
for Manganese Bronze but were discovered to have serious faults,
the FT notes.
Until four years ago, Mr. Magal's company was the main supplier
of the steering boxes produced for Manganese Bronze's UK-made
taxis, but the contract was switched to a supplier in China to
cut costs, the FT relates.
The defective steering boxes were one factor behind Manganese
Bronze being put into administration in October last month after
a series of financial problems, the FT states. The incorrectly
made parts led to 400 taxis being taken off the road on account
of fears that their steering systems might fail catastrophically
while in transit, the FT recounts.
Magal Engineering, the FT says, is talking to the PwC accountancy
firm about supplying 500-700 more steering boxes for Manganese
Bronze taxis that are almost completely manufactured -- apart
from having new steering boxes to replace ones that have been
found to be defective -- yet which have not yet been sold. PwC
is acting as the administrator for Manganese Bronze, the FT
discloses.
Manganese Bronze Holdings Plc is the manufacturer of London's
traditional black cabs.
MWB GROUP: Pyrrho Mulls Legal Action Over Administration
--------------------------------------------------------
Roger Blitz at The Financial Times reports that in-fighting at
the group behind the Malmaison and Hotel du Vin boutique hotel
chains is heading for a showdown in court, after warring parties
threatened to sue each other over the circumstances that led to
the administration of the parent company.
Pyrrho Investments, the Hong Kong-based fund which owns 24.5% of
MWB Group, was expected to issue a statement on Sunday, Nov. 25,
denouncing "the poor corporate governance, the conflict of
interest and serious strategic efforts" of its board when it was
led by founder Richard Balfour-Lynn, the FT relates.
It was expected to say it reserves its rights to take legal
action against MWB Group's current and former directors, the FT
notes.
MWB Group went into administration earlier this month following a
dispute between the group and its subsidiary MWB Business
Exchange over an intercompany loan, the FT relates. MWB Group
called in administrators at Deloitte, after suspending trading in
its shares in October when Business Exchange said it intended to
offset GBP4.8 million in contractual payments against a loan to
the group of GBP8.3 million, the FT recounts. MWB Group has
GBP47 million of debts, and the hotels have debts of GBP230
million, the FT discloses.
According to the FT, Pyrrho's statement is in part a response to
creditors, including Mr. Balfour-Lynn, who are threatening legal
action. They want Deloitte administrators to look at Pyrrho's
actions in the run-up to the shares suspension at MWB Group, the
FT states.
In its statement, Pyrrho was expected to blame actions under
Mr. Balfour-Lynn's stewardship for the administration --
including the sale of Liberty, the central London department
store, in 2010 -- and what it called the "toxic" debt refinancing
of the group last year, the FT discloses.
As reported by the Troubled Company Reporter-Europe on Nov. 21,
2012, Phil Bowers and Neville Kahn of Deloitte LLP were appointed
Joint Administrators to MWB Group Holdings Plc following a
resolution of the Board of directors.
MWB Malmaison Holdings Limited and its subsidiaries, together own
and operate the Malmaison and Hotel du Vin hotel chains, and MWB
Business Exchange plc and its subsidiaries, together own and
operate the Business Exchange serviced offices business.
NWIX: In Administration Just 7 Months After GBP500,000 Funding
--------------------------------------------------------------
The BusinessDesk.com reports that NWIX has fallen into
administration seven months after securing a GBP500,000 funding
package.
The business, which operates a national fibre network, was backed
by the Merseyside Special Investment Fund's loan and equity fund
in March, according to The BusinessDesk.com.
The report notes that under the terms of the deal the business,
which has around 20 staff, moved from its base in Macclesfield to
Liverpool.
Administrators from Begbies Traynor in Leed were appointed.
PEOPLE CAN: In Administration on GBP17 Million Pension Deficit
--------------------------------------------------------------
Vibeka Mair at Civil Society Finance reports that the charity
People Can, formerly known as Novas Scarman Group, has gone into
administration, blaming a GBP17 million pension deficit.
Some of the charity's 250 staff is believed to have been made
redundant, according to Civil Society Finance.
The report notes that PricewaterhouseCoopers, who have been
appointed administrators for the charity, said it was talking
with local authorities about whether they would maintain services
delivered by People Can and take on its staff.
"Our immediate priority is to safeguard the excellent services
that People Can provides across the UK. The local authorities
that outsource contracts to the charity were informed of the
precarious position early last week and were asked to seek
successor providers as a matter of urgency. We are continuing to
work with them very closely to ensure a smooth transition of
these services wherever possible. The charity's significant
pension liabilities dated back many years to its previous role as
a Registered Social Landlord. A range of restructuring options
were explored, however a deal could not be reached that worked
for all stakeholders," the report quoted David Hurst, joint
administrator and director at PwC, as saying.
People Can rebranded from the Novas Scarman Group last year,
following a GBP3 million funding cut across its services. The
Novas Scarman Group was formed by a merger between Scarman Trust
and Path in 2008. The charity works with individuals
experiencing homelessness and domestic abuse, as well as
providing rehabilitation for ex-offenders.
PREMIER FOODS: Plans to Cut 10% of Workforce
--------------------------------------------
Louise Lucas at The Financial Times reports that Premier Foods
plans to cut 900 jobs, or roughly 10% of its workforce, as the
company seeks to wring more profits out of its struggling bakery
business.
According to the FT, wheat price rises have hurt Premier Foods?
Hovis business.
Premier Foods' bread restructuring, now under consultation with
staff, envisages the closure of two bakery sites next year and
dropping 130 of its 420 bread delivery routes, the FT discloses.
All of these routes relate to the previously announced loss of
its contract with the Co-operative Group, worth GBP75 million of
sales, the FT notes.
If approved, the proposed restructuring will cost GBP28 million,
which Premier Foods expects to recoup in savings by 2014, the FT
says.
Mike Clarke, chief executive, said the moves would simplify the
bread business, make it more efficient and support decisions
taken by the debt-burdened company since he took up the reins
last year, the FT relates.
Premier Foods plc is United Kingdom-based company engaged in food
manufacturing, processing and distribution. It is the the maker
of Mr. Kipling cakes and Hovis bread.
ROTHSCHILD CONTINUATION: Fitch Affirms 'BB+' Hybrid Debt Rating
---------------------------------------------------------------
Fitch Ratings has affirmed N M Rothschild & Sons Limited's (NMR)
Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable
Outlook. The Short-term IDR has also been affirmed at 'F2'.
RATING ACTION RATIONALE
The affirmation takes into account the bank's subdued earnings
and weak asset quality. This is balanced by strong liquidity and
acceptable capitalization in light of the bank's risk profile.
The ratings also benefit from NMR's strong European advisory
franchise, which supports its 'bbb+' VR.
RATING DRIVERS AND SENSITIVITIES - IDR, VR AND SENIOR DEBT
NMR's IDR is driven by the bank's standalone strength. Strong
liquidity and acceptable capitalization are key rating drivers
underpinning the 'bbb+' Viability Rating (VR). Liquidity is
supported by the ongoing loan book reduction, while the
Rothschild Reserve term retail deposits have added diversity and
longer tenor to the funding base. Market funding dependence is
limited. NMR held a reasonable buffer of highly liquid
securities at 30 September 2012. Fitch believes capitalization
is acceptable at current levels and able to absorb potential
future losses from asset quality deterioration.
Fitch views the macroeconomic and operating environment as a
source of vulnerability for the bank's earnings. The recent
lower profitability stems from revenue pressure as a result of
slow market conditions in the bank's main global financial
advisory business and impairment charges arising from weaker
asset quality. Fitch considers that risks remain in NMR's legacy
commercial property and leveraged finance portfolios and could
require further provisions in the short to medium term. The
ratings could be downgraded if advisory fees look set to remain
at a lower level for a prolonged period, which would damage
Fitch's view of NMR's long-term ability to deliver a stable
source of internal capital generation.
Upward rating pressure is unlikely in the medium term, given the
inherent risks in the bank's lending book . NMR's loan book is
relatively concentrated to leveraged loans and commercial
property loans with high average loan-to-value ratios and could
experience future impairments.
RATING DRIVERS AND SENSITIVITIES - SUPPORT RATING AND SUPPORT
RATING FLOOR
NMR's Support Rating of '5' and Support Rating Floor of 'No
Floor' reflect Fitch's view that while support from the
authorities is possible, it cannot be relied upon.
SUSBIDIARY AND AFFILIATED COMPANY RATING DRIVERS AND
SENSITIVITIES
NMR guarantees the perpetual subordinated notes of its
subsidiary, Rothschilds Continuation Finance Plc (RCF), which on-
lends the proceeds to NMR.
RCF's senior unsecured ratings are equalized with those of NMR
based on Fitch's belief that NMR will support debt issued by RCF.
The ratings are broadly sensitive to the same considerations that
affect NMR's IDR.
SUBORDINATED DEBT AND OTHER HYBRID SECURITIES
In line with Fitch's criteria, RCF's subordinated upper Tier 2
notes are rated three notches below NMR's VR, reflecting its
relative subordination (one notch) and incremental non-
performance risk characteristics (two notches).
The rating actions are as follows:
NMR
-- Long-term IDR: affirmed at 'BBB+'; Outlook Stable
-- Short-term IDR: affirmed at 'F2'
-- VR: affirmed at 'bbb+'
-- Support Rating: affirmed at '5'
-- Support Rating Floor: affirmed at 'No Floor'
RCF
-- Senior unsecured long-term rating (guaranteed by NMR):
affirmed at 'BBB+'
-- Senior unsecured short-term rating (guaranteed by NMR):
affirmed at 'F2'
-- Hybrid debt (guaranteed by NMR): affirmed at 'BB+'
ROYAL BANK: To Finalize Shortlist of Branch Buyers Next Month
-------------------------------------------------------------
Erikka Askeland reports that Royal Bank of Scotland has sent sale
documents to a second batch of prospective buyers of 316 branches
as it attempts to finalize a shortlist next month.
Information was dispatched last week to trade buyers Nationwide
and Virgin Money, private equity player JC Flowers and another
suitor, though to be the venture capital firm led by former UK
trade minister Lord Davies of Abersoch, the Scotsman relates.
RBS was ordered to sell the branches by European regulators as a
condition of receiving a GBP45 billion bailout in 2008 which left
it 82 per cent taxpayer owned, the Scotsman notes.
It was forced to restart the sale process after Spain's Santander
pulled out of a deal last month, the Scotsman recounts.
RBS has caught the eye of Corsair Capital, a venture capital fund
aiming at the financial services sector where Davies is vice-
chairman, the Scotsman discloses.
Two further venture capital firms, Blackstone and Anacap, the
backers of new bank Aldermore, have also signaled an interest,
the Scotsman states.
According to the Scotsman, sources said that RBS intends to have
a firm shortlist of possible buyers in place by the middle of
December as it "accelerates" the sales process ahead of a 2014 EU
deadline.
The Royal Bank of Scotland Group plc (NYSE:RBS) --
http://www.rbs.com/-- is a holding company of The Royal Bank of
Scotland plc (Royal Bank) and National Westminster Bank Plc
(NatWest), which are United Kingdom-based clearing banks. The
company's activities are organized in six business divisions:
Corporate Markets (comprising Global Banking and Markets and
United Kingdom Corporate Banking), Retail Markets (comprising
Retail and Wealth Management), Ulster Bank, Citizens, RBS
Insurance and Manufacturing. On October 17, 2007, RFS Holdings
B.V. (RFS Holdings), a company jointly owned by RBS, Fortis N.V.,
Fortis SA/NV and Banco Santander S.A. (the Consortium Banks) and
controlled by RBS, completed the acquisition of ABN AMRO Holding
N.V. (ABN AMRO). In July 2008, the company disposed of its
entire interest in Global Voice Group Ltd.
SANDWELL COMMERICAL: S&P Maintains 'B-' Rating on Class E Notes
---------------------------------------------------------------
Standard & Poor's Ratings Services lowered its credit ratings on
Sandwell Commercial Finance No.1 PLC's class A and B notes. "At
the same time, we have removed from CreditWatch developing our
rating on the class A notes and removed from CreditWatch negative
our rating on the class B notes. Our ratings on the class C, D,
and E notes are unaffected by the rating actions," S&P said.
"On July 25, 2012, we placed our ratings on the class A and B
notes on CreditWatch developing and CreditWatch negative,
respectively following our full credit and counterparty review of
the transaction," S&P said.
The transaction is exposed to the default risk of certain
Counterparties -- Barclays Bank PLC (A+/Negative/A-1) as the
account bank and guaranteed investment contract (GIC) provider
and Citibank N.A. (A/Negative/A-1) as the swap counterparty.
"The servicer has made a stand-by drawing under the liquidity
facility, in accordance with the stand-by drawing mechanism in
the liquidity facility agreement. The stand-by drawing is now
held with the account bank -- also Barclays Bank -- and
therefore, the transaction relies more on the account bank," S&P
said.
"Under the account bank agreement and the GIC agreement, the
issuer has the right to replace the relevant counterparty if our
short-term rating on the counterparty falls below 'A-1'.
According to our 2012 counterparty criteria, this replacement
structure does not allow us to rate the notes in this transaction
higher than our long-term rating on Barclays Bank, which is
currently 'A+'. The servicer had previously informed us that it
was evaluating options for potential remedy actions," S&P said.
"With this in mind, we placed on CreditWatch negative all of our
ratings above that level. The servicer has now confirmed that no
remedy action will take place regarding our lowering of the
short-term rating on Barclays Bank. We have therefore lowered our
ratings on the class A and B notes to the same level as the
issuer credit rating on Barclays Bank. At the same time, we have
resolved the CreditWatch placements of the ratings on these
notes," S&P said.
Sandwell Commercial Finance No.1 is a small loan U.K. commercial
mortgage-backed securities (CMBS) transaction that closed in
2004. The loan pool currently consists of 55 loans secured on 67
properties consisting of office, retail, light industrial,
residential, and other properties. All properties are located in
England and Wales.
POTENTIAL EFFECTS OF PROPOSED CRITERIA CHANGES
"On Nov. 7, 2012, we published our updated criteria for rating
European CMBS. The criteria update refines the approach to rating
European CMBS transactions, and provides a more transparent
framework for analyzing the commercial real estate assets and
transaction structures commonly associated with European CMBS. We
expect that the criteria update will have a moderate impact on
outstanding ratings on European CMBS, based on a sample of
transactions we tested. The impact on investment-grade ratings is
likely to be greater than that on speculative-grade ratings," S&P
said
"These criteria will be effective for all in-scope ratings from
Dec. 6, 2012, at which time we expect to place all the ratings
likely to be affected on CreditWatch. We expect to resolve any
rating changes within six months of the effective date of the
criteria," S&P said
STANDARD & POOR'S 17G-7 DISCLOSURE REPORT
SEC Rule 17g-7 requires an NRSRO, for any report accompanying a
credit rating relating to an property-backed security as defined
in the Rule, to include a description of the representations,
warranties and enforcement mechanisms available to investors and
a description of how they differ from the representations,
warranties and enforcement mechanisms in issuances of similar
securities. The Rule applies to in-scope securities initially
rated (including preliminary ratings) on or after Sept. 26, 2011.
If applicable, the Standard & Poor's 17g-7 Disclosure Report
included in this credit rating report is available at:
http://standardandpoorsdisclosure-17g7.com
RATINGS LIST
Class Rating
To From
Sandwell Commercial Finance No.1 PLC
GBP250 Million Commercial Mortgage-Backed Floating-Rate Notes
Rating Lowered and Removed From CreditWatch Developing
A A+ (sf) AA+ (sf)/Watch Dev
Rating Lowered and Removed From CreditWatch Negative
B A+ (sf) AA (sf)/Watch Neg
Ratings Unaffected
C BBB (sf)
D B (sf)
E B- (sf)
VINANCE PLC: In Administration, Herron Fisher to Rescue Firm
------------------------------------------------------------
Shaun Weston at foodbev.com reports that Herron Fisher,
insolvency practitioners, has been appointed administrators of
Vinance Plc, a wine portfolio manager/broker.
Herron Fisher has taken over the day-to-day control and
management of the company, which was put into administration in
the High Court on Nov. 16, 2012, according to foodbev.com.
The report relates that Herron Fisher will aim to rescue the
company as a going concern, or failing that achieve a better
result for the company's creditors as a whole than would be
likely if the company was simply wound up (liquidated).
The administrators are hopeful that creditors will ultimately be
repaid approximately 50% of their debt, the report notes.
However, this will take some time, the report says.
Based in Greenwich, London, Vinance manages more than GBP50
million worth of fine wine assets for thousands of investor
clients in nine countries.
===============
X X X X X X X X
===============
* S&P Takes Various Rating Actions on European CDO Tranches
-----------------------------------------------------------
After running its month-end SROC (synthetic rated
overcollateralization) figures, Standard & Poor's Ratings
Services took various rating actions on 26 European synthetic
collateralized debt obligation (CDO) tranches.
Specifically, S&P's
-- Placed on CreditWatch negative its rating on one tranche;
-- Placed on CreditWatch positive its ratings on ten tranches;
-- Lowered and removed from CreditWatch negative its rating on
one tranche;
-- Lowered its rating to 'CC' on one tranche;
-- Raised and removed from CreditWatch positive its ratings on
nine tranches; and
-- Affirmed its ratings on four tranches.
For the full list of rating actions see "European Synthetic CDO
Rating Actions At November 2012."
"The rating actions are part of our regular monthly review of
European synthetic CDOs. The actions incorporate, among other
things, the effect of recent rating migration within reference
portfolios and recent credit events on corporate entities," S&P
said.
The SROC (synthetic rated overcollateralization; has fallen below
100% during the October 2012 month-end run. This indicates to us
that the current credit enhancement may not be sufficient to
maintain the current tranche rating," S&P said.
"The SROC has risen above 100% during the October 2012 month-end
run. This indicates to us that the current credit enhancement is
sufficient to maintain the current tranche rating," S&P said.
"The tranche's current SROC exceeds 100%, which indicates to us
that the tranche's credit enhancement is greater than that
required to maintain the current rating. Additionally, our
analysis indicates that the current SROC would be greater than
100% at a higher rating level than currently assigned," S&P said.
"We have run SROC for the current portfolio and have projected
SROC 90 days into the future, while assuming no asset rating
migration," S&P said.
"We have lowered our ratings to the level at which SROC is above
or equal to 100%. However, if the SROC is below 100% at a certain
rating level but greater than 100% in the projected 90-day run,
we may leave the rating on CreditWatch negative at the revised
rating level," S&P said.
"We have raised our ratings to the level at which SROC exceeds
100% and meets our minimum cushion requirement," S&P said.
"We have affirmed our ratings on those tranches for which credit
enhancement is, in our opinion, still at a level commensurate
with their current ratings," S&P said.
"Where losses in a portfolio have already exceeded the available
credit enhancement or where, in our opinion, it is highly likely
that this will occur once final valuations are known, we have
lowered our ratings to 'CC'. We have done so as we consider the
likelihood that the noteholders will not receive their full
principal to be high," S&P said.
ANALYSIS
"For those transactions where our September 2009 CDO criteria are
not applicable, we have run our analysis on CDO Evaluator models
2.7 and 4.1. For the transactions where our September 2009
criteria are applicable, we have run our analysis on CDO
Evaluator model 6.0.1, which includes the top obligor and
industry test SROCs," S&P said.
"In addition to the obligor and industry tests, and the Monte
Carlo default simulation results, we may consider certain factors
such as credit stability and rating sensitivity to modeling
parameters when assigning ratings to CDO tranches. We assess
these factors case-by-case and may adjust the ratings to a rating
level that is different to that indicated by the quantitative
results Alone," S&P said.
WHAT IS SROC?
"One of the main steps in our rating analysis is the review of
the credit quality of the portfolio referenced assets. SROC is
one of the tools we use when surveilling our ratings on synthetic
CDO tranches with reference portfolios," S&P said.
"SROC is a measure of the degree by which the credit enhancement
(or attachment point) of a tranche exceeds the stressed loss rate
assumed for a given rating scenario. SROC helps capture what we
consider to be the major influences on portfolio performance:
Credit events, asset rating migration, asset amortization, and
time to maturity. It is a comparable measure across different
tranches of the same rating," S&P said.
STANDARD & POOR'S 17G-7 DISCLOSURE REPORT
SEC Rule 17g-7 requires an NRSRO, for any report accompanying a
credit rating relating to an asset-backed security as defined in
the Rule, to include a description of the representations,
warranties and enforcement mechanisms available to investors and
a description of how they differ from the representations,
warranties and enforcement mechanisms in issuances of similar
securities. The Rule applies to in-scope securities initially
rated (including preliminary ratings) on or after Sept. 26, 2011.
If applicable, the Standard & Poor's 17g-7 Disclosure Reports
included in this credit rating report are available at:
http://standardandpoorsdisclosure-17g7.com
* Large Companies with Insolvent Balance Sheets
-----------------------------------------------
Total
Shareholders Total
Equity Assets
Company Ticker (US$MM) (US$MM)
------- ------ ------ ------
AUSTRIA
-------
CHRIST WATER TEC 8131204Q GR -5754285.054 165995618.1
CHRIST WATER TEC CWT EO -5754285.054 165995618.1
CHRIST WATER TEC CWTE IX -5754285.054 165995618.1
CHRIST WATER TEC CWT AV -5754285.054 165995618.1
CHRIST WATER TEC CRSWF US -5754285.054 165995618.1
CHRIST WATER TEC CWT PZ -5754285.054 165995618.1
CHRIST WATER TEC CWT EU -5754285.054 165995618.1
CHRIST WATER-ADR CRSWY US -5754285.054 165995618.1
LIBRO AG LBROF US -110486313.8 174004185
LIBRO AG LIB AV -110486313.8 174004185
LIBRO AG LIBR AV -110486313.8 174004185
LIBRO AG LB6 GR -110486313.8 174004185
S&T SYSTEM I-ADR STSQY US -38841439.51 182832494.8
S&T SYSTEM INTEG SYA GR -38841439.51 182832494.8
S&T SYSTEM INTEG SNTS IX -38841439.51 182832494.8
S&T SYSTEM INTEG SLSYF US -38841439.51 182832494.8
S&T SYSTEM INTEG SYAG IX -38841439.51 182832494.8
S&T SYSTEM INTEG SNT AV -38841439.51 182832494.8
S&T SYSTEM INTEG SYA EX -38841439.51 182832494.8
S&T SYSTEM INTEG SNT EO -38841439.51 182832494.8
S&T SYSTEM INTEG SNT EU -38841439.51 182832494.8
S&T SYSTEM INTEG SNTA PZ -38841439.51 182832494.8
S&T SYSTEM INTEG STSQF US -38841439.51 182832494.8
S&T SYSTEM INTEG SNTS ES -38841439.51 182832494.8
SKYEUROPE SKYP PW -89480492.56 159076577.5
SKYEUROPE SKY PW -89480492.56 159076577.5
SKYEUROPE HLDG SKY LI -89480492.56 159076577.5
SKYEUROPE HLDG SKY EO -89480492.56 159076577.5
SKYEUROPE HLDG SKY EU -89480492.56 159076577.5
SKYEUROPE HLDG SKYPLN EU -89480492.56 159076577.5
SKYEUROPE HLDG SKYA PZ -89480492.56 159076577.5
SKYEUROPE HLDG 0619064D GR -89480492.56 159076577.5
SKYEUROPE HLDG SKYV IX -89480492.56 159076577.5
SKYEUROPE HLDG SKYPLN EO -89480492.56 159076577.5
SKYEUROPE HLDG SKY AV -89480492.56 159076577.5
SKYEUROPE HLDG SKURF US -89480492.56 159076577.5
SKYEUROPE HOL-RT SK1 AV -89480492.56 159076577.5
BELGIUM
-------
AMERIKAANSE STOC 4163533Z BB -1513887.956 225769572.9
ANTWERP GATEWAY 496769Z BB -56441017.57 244539471.2
BIO ANALYTICAL R 3723198Z BB -41974594.66 193574592.4
CHIQUITA FRESH B 3727690Z BB -13035568.06 126531721.7
COMPAGIMMOBDU BR 3727538Z BB -3827271.16 143566526.3
DOOSAN BENELUX S 3724234Z BB -81416359 231093378.4
EXPLORER NV 4289181Z BB -17703159.47 266681154.3
FINANCIETOREN NV 3729210Z BB -42317802.71 777656536.7
IDEAL STANDARD I 4492755Z AV -912413970.6 2064684812
IDEAL STANDARD I 0288212Z BB -676607228.5 1580042243
IRUS ZWEIBRUCKEN 3738979Z BB -12563627.16 113270540
JULIE LH BVBA 3739923Z BB -32842124.57 159062205.9
KBC LEASE BELGIU 3723398Z BB -36721028.1 2861898350
LAND VAN HOP NV 3727898Z BB -141334.2956 138885001.8
NYNAS NV 3734766Z BB -7050037.824 133049490.2
ORACLE BELGIUM B 4525199Z AV -11669893.04 255041441.5
PHOTOVOLTECH NV 3557498Z BB -37292670.76 125803177.8
SABENA SA SABA BB -85494497.66 2215341060
SAPPI EUROPE SA 3732894Z BB -125372343 148685711.3
SOCIETE NATIONAL 3726762Z BB -39045394.16 506987115.6
TELENET GRP HLDG TNET QM -928724199.6 5137146702
TELENET GRP HLDG T4I TH -928724199.6 5137146702
TELENET GRP HLDG TNETUSD EU -928724199.6 5137146702
TELENET GRP HLDG TNET EU -928724199.6 5137146702
TELENET GRP HLDG TNET LI -928724199.6 5137146702
TELENET GRP HLDG TNETGBX EU -928724199.6 5137146702
TELENET GRP HLDG TLGHF US -928724199.6 5137146702
TELENET GRP HLDG TNET TQ -928724199.6 5137146702
TELENET GRP HLDG TNET BQ -928724199.6 5137146702
TELENET GRP HLDG TNET S1 -928724199.6 5137146702
TELENET GRP HLDG TNETGBP EO -928724199.6 5137146702
TELENET GRP HLDG TNET EB -928724199.6 5137146702
TELENET GRP HLDG TNET GK -928724199.6 5137146702
TELENET GRP HLDG TNET EO -928724199.6 5137146702
TELENET GRP HLDG TNETGBX EO -928724199.6 5137146702
TELENET GRP HLDG T4I GR -928724199.6 5137146702
TELENET GRP HLDG TNET PZ -928724199.6 5137146702
TELENET GRP HLDG TNETUSD EO -928724199.6 5137146702
TELENET GRP HLDG TNET MT -928724199.6 5137146702
TELENET GRP HLDG 3218105Q IX -928724199.6 5137146702
TELENET GRP HLDG TNET NQ -928724199.6 5137146702
TELENET GRP HLDG TNET IX -928724199.6 5137146702
TELENET GRP HLDG TNET BB -928724199.6 5137146702
TELENET-STRP TNETS BB -928724199.6 5137146702
TELENET-UNS ADR TLGHY US -928724199.6 5137146702
BULGARIA
--------
PETROL AD 5PET BU -28384533.15 365674871.9
PETROL AD 5PET GR -28384533.15 365674871.9
PETROL AD PETB PZ -28384533.15 365674871.9
PETROL AD 5PET PZ -28384533.15 365674871.9
PETROL AD 5PETEUR EU -28384533.15 365674871.9
PETROL AD PET BU -28384533.15 365674871.9
PETROL AD 5PET EO -28384533.15 365674871.9
PETROL AD 5PETEUR EO -28384533.15 365674871.9
PETROL AD 5PET EU -28384533.15 365674871.9
CROATIA
-------
BRODOGRADE INDUS 3MAJRA CZ -117119941.8 803533466.7
CROATIA AIRLI-A1 CRALPA1 CZ -7293960.057 285595600.8
CROATIA AIRLI-A2 CRALPA2 CZ -7293960.057 285595600.8
CROATIA AIRLI-A3 CRALPA3 CZ -7293960.057 285595600.8
CROATIA AIRLI-A4 CRALPA4 CZ -7293960.057 285595600.8
CROATIA AIRLINES CRALPA CZ -7293960.057 285595600.8
CROATIA AIRLINES CRALRA CZ -7293960.057 285595600.8
MAGMA DD MGMARA CZ -14866765.08 104029164.6
OT OPTIMA TELEKO 2299892Z CZ -84560317.57 103460989.1
OT-OPTIMA TELEKO OPTERA CZ -84560317.57 103460989.1
CYPRUS
------
CYPRUS AIRWA-RTS CAIRR CY -20708704.06 183851135.9
CYPRUS AIRWAYS CAIRCYP EO -20708704.06 183851135.9
CYPRUS AIRWAYS CAIR EO -20708704.06 183851135.9
CYPRUS AIRWAYS CAIR EU -20708704.06 183851135.9
CYPRUS AIRWAYS CANR CY -20708704.06 183851135.9
CYPRUS AIRWAYS CAIRCYP EU -20708704.06 183851135.9
CYPRUS AIRWAYS CAIR CY -20708704.06 183851135.9
CYPRUS AIRWAYS CAIR PZ -20708704.06 183851135.9
LIBRA GROUP PLC LHG EU -39648682.41 209021322.6
LIBRA GROUP PLC LHGCYP EO -39648682.41 209021322.6
LIBRA GROUP PLC LHG EO -39648682.41 209021322.6
LIBRA GROUP PLC LHGCYP EU -39648682.41 209021322.6
LIBRA GROUP PLC LHG CY -39648682.41 209021322.6
LIBRA HOLIDA-RTS LBR CY -39648682.41 209021322.6
LIBRA HOLIDA-RTS LGWR CY -39648682.41 209021322.6
LIBRA HOLIDAY-RT 3167808Z CY -39648682.41 209021322.6
LIBRA HOLIDAYS LHGR CY -39648682.41 209021322.6
LIBRA HOLIDAYS G LHG PZ -39648682.41 209021322.6
LIBRA HOLIDAYS-P LBHG PZ -39648682.41 209021322.6
LIBRA HOLIDAYS-P LBHG CY -39648682.41 209021322.6
CZECH REPUBLIC
--------------
CKD PRAHA HLDG 297687Q GR -89435858.16 192305153
CKD PRAHA HLDG CKDPF US -89435858.16 192305153
CKD PRAHA HLDG CKDH CP -89435858.16 192305153
CKD PRAHA HLDG CKDH US -89435858.16 192305153
CKD PRAHA HLDG CDP EX -89435858.16 192305153
SETUZA AS SETUZA PZ -61453764.17 138582273.6
SETUZA AS SZA GR -61453764.17 138582273.6
SETUZA AS 2994767Q EO -61453764.17 138582273.6
SETUZA AS 2994755Q EU -61453764.17 138582273.6
SETUZA AS 2994763Q EU -61453764.17 138582273.6
SETUZA AS SZA EX -61453764.17 138582273.6
SETUZA AS 2994759Q EO -61453764.17 138582273.6
SETUZA AS SETUZA CP -61453764.17 138582273.6
SETUZA AS SETU IX -61453764.17 138582273.6
DENMARK
-------
CARLSBERG IT A/S 4503891Z DC -47938170.6 178077456.9
CIMBER STERLING CIMBER DC -5227729.374 192575897.9
CIMBER STERLING CIMBE EO -5227729.374 192575897.9
CIMBER STERLING CIMBER BY -5227729.374 192575897.9
CIMBER STERLING CIMBE EU -5227729.374 192575897.9
ELITE SHIPPING ELSP DC -27715991.74 100892900.3
FINANSIERINGSSEL 3977156Z DC -2410332.543 110737536.3
GREEN WIND ENERG G7W1 GR -11320362.72 176234029.6
GREEN WIND ENERG GW BY -11320362.72 176234029.6
GREEN WIND ENERG GW DC -11320362.72 176234029.6
GREEN WIND ENERG GW EO -11320362.72 176234029.6
GREEN WIND ENERG GW EU -11320362.72 176234029.6
GREEN WIND ENERG GW PZ -11320362.72 176234029.6
GREEN WIND ENERG GWEUR EO -11320362.72 176234029.6
GREEN WIND ENERG GWEUR EU -11320362.72 176234029.6
HOLDINGSELSKABET BODIL DC -11320362.72 176234029.6
HOLDINGSELSKABET BOHC IX -11320362.72 176234029.6
JEUDAN III A/S 3986972Z DC -85553475.79 272728794.6
NESTLE DANMARK A 3896690Z DC -31272771.75 160779148
OBTEC OBTEC DC -17139908.33 134988548.1
OBTEC OBT DC -17139908.33 134988548.1
OBTEC-NEW SHARES OBTECN DC -17139908.33 134988548.1
OBTEC-OLD OBTN DC -17139908.33 134988548.1
OSTERFALLEDPARKE 3985676Z DC -26063679.19 302533679.4
ROSKILDE BANK ROSK DC -532868894.9 7876688188
ROSKILDE BANK RSKC IX -532868894.9 7876688188
ROSKILDE BANK ROSK EO -532868894.9 7876688188
ROSKILDE BANK RKI GR -532868894.9 7876688188
ROSKILDE BANK ROSKF US -532868894.9 7876688188
ROSKILDE BANK ROSBF US -532868894.9 7876688188
ROSKILDE BANK ROSK EU -532868894.9 7876688188
ROSKILDE BANK ROSK PZ -532868894.9 7876688188
ROSKILDE BANK-RT 916603Q DC -532868894.9 7876688188
ROSKILDE BAN-NEW ROSKN DC -532868894.9 7876688188
ROSKILDE BAN-RTS ROSKT DC -532868894.9 7876688188
SCANDINAVIAN BRA SBS1 EO -17139908.33 134988548.1
SCANDINAVIAN BRA SBS1 BY -17139908.33 134988548.1
SCANDINAVIAN BRA SBSD PZ -17139908.33 134988548.1
SCANDINAVIAN BRA SBS1EUR EO -17139908.33 134988548.1
SCANDINAVIAN BRA SBS DC -17139908.33 134988548.1
SCANDINAVIAN BRA SBS1EUR EU -17139908.33 134988548.1
SCANDINAVIAN BRA SBSC IX -17139908.33 134988548.1
SCANDINAVIAN BRA SBS1 EU -17139908.33 134988548.1
SUZLON WIND ENER 3985532Z DC -50030922.82 151671948.3
TAKKER EUROPA AP 3972332Z DC -124523598.1 163756144.6
FRANCE
------
3 SUISSES FRANCE 4724713Z FP -77651653.29 330011633.6
ADP INGENIERIE S 4519911Z FP -9312265.78 111844575.6
AIR COMMAND SYST 4470055Z FP -24012413.92 236706831.5
AKERYS SERVICES 4685937Z FP -22410493.42 137981683.2
ALCATEL-LUCENT E 3642975Z FP -33252970.32 441703998.1
ALCATEL-LUCENT F 3647063Z FP -794569718.3 4984960531
AL-KHATTIYA LEAS 4783713Z FP -13423803.21 109623566.3
ALUMINIUM PECHIN 3650903Z FP -469114028.7 1322244624
ATOS ORIGIN INTE 4519607Z FP -15552541.61 353365367
AUTOMOBILES CITR 3648863Z FP -298695778.9 1879542934
AUTOROUTES PARIS ARR1 BQ -251756893.2 10625026266
AUTOROUTES PARIS ARR EO -251756893.2 10625026266
AUTOROUTES PARIS RK9 TH -251756893.2 10625026266
AUTOROUTES PARIS ARR EU -251756893.2 10625026266
AUTOROUTES PARIS ARR FP -251756893.2 10625026266
AUTOROUTES PARIS ARRGBX EU -251756893.2 10625026266
AUTOROUTES PARIS ARR IX -251756893.2 10625026266
AUTOROUTES PARIS ARR S1 -251756893.2 10625026266
AUTOROUTES PARIS ARR QM -251756893.2 10625026266
AUTOROUTES PARIS ARR LI -251756893.2 10625026266
AUTOROUTES PARIS ARR TQ -251756893.2 10625026266
AUTOROUTES PARIS ARR EB -251756893.2 10625026266
BELVEDERE - RTS 554451Q FP -256191005.4 927737997.9
BELVEDERE - RTS 702036Q FP -256191005.4 927737997.9
BELVEDERE SA BVD EU -256191005.4 927737997.9
BELVEDERE SA BELV FP -256191005.4 927737997.9
BELVEDERE SA BELV NM -256191005.4 927737997.9
BELVEDERE SA BEVD IX -256191005.4 927737997.9
BELVEDERE SA BVD PW -256191005.4 927737997.9
BELVEDERE SA BED GR -256191005.4 927737997.9
BELVEDERE SA BVD EO -256191005.4 927737997.9
BELVEDERE SA BVD S1 -256191005.4 927737997.9
BELVEDERE SA BVDRF US -256191005.4 927737997.9
BELVEDERE SA BED TH -256191005.4 927737997.9
BELVEDERE SA BVD FP -256191005.4 927737997.9
BELVEDERE SA BVD PZ -256191005.4 927737997.9
BELVEDERE SA-NEW BVDNV FP -256191005.4 927737997.9
BELVEDERE SA-NEW 946529Q FP -256191005.4 927737997.9
BELVEDERE SA-NEW 8198283Q FP -256191005.4 927737997.9
BELVEDERE SA-RTS BVDDS FP -256191005.4 927737997.9
BROSTROM TANKERS 3641643Z FP -115599.3207 311104377.9
BUT INTERNATIONA 3648871Z FP -5859572.435 1100621152
CADES 211430Z FP -1.16E+11 23006745556
CARCOOP FRANCE 4690569Z FP -531951.7338 185621693.8
CARNAUDMETALB-N JJNN FP -239071932.4 6870067181
CARNAUDMETALB-N 84433Q FP -239071932.4 6870067181
CARREFOUR HYPERM 3897338Z FP -713257900.6 3939173302
CARRERE GROUP CAR2 EO -9829531.944 279906700
CARRERE GROUP CRRHF US -9829531.944 279906700
CARRERE GROUP CRGP IX -9829531.944 279906700
CARRERE GROUP CAR2 EU -9829531.944 279906700
CARRERE GROUP CARG FP -9829531.944 279906700
CARRERE GROUP CAR FP -9829531.944 279906700
CARRERE GROUP CARF PZ -9829531.944 279906700
CARRERE GROUP XRR GR -9829531.944 279906700
CDISCOUNT SA 4690913Z FP -14710509.37 442569172
CMA CGM AGENCES 4746849Z FP -8208944.552 191538369.1
CO PETROCHIMIQUE 4682369Z FP -111509362.4 364674090.9
CROWN EUROPEAN H 3394476Q LI -239071932.4 6870067181
CROWN EUROPEAN H CAMBF US -239071932.4 6870067181
CROWN EUROPEAN H JJ FP -239071932.4 6870067181
CROWN EUROPEAN H 1049Q LN -239071932.4 6870067181
DESCAMPS SAS 4503139Z FP -2912961.458 104843475.7
DOCTISSIMO 2916489Q EU -1690819.009 135171143.2
DOCTISSIMO 0602303D GR -1690819.009 135171143.2
DOCTISSIMO DOC FP -1690819.009 135171143.2
DOCTISSIMO MDCF PZ -1690819.009 135171143.2
DOCTISSIMO MCOS IX -1690819.009 135171143.2
DOCTISSIMO 2916493Q EO -1690819.009 135171143.2
DOCTISSIMO MDC FP -1690819.009 135171143.2
EADS SECA 4706441Z FP -44481565.35 121822000.7
EDENRED QSV GR -1310250942 5470394799
EDENRED EDEN FP -1310250942 5470394799
EDENRED EDEN QM -1310250942 5470394799
EDENRED QSV TH -1310250942 5470394799
EDENRED EDEN S1 -1310250942 5470394799
EDENRED EDEN TQ -1310250942 5470394799
EDENRED EDENUSD EO -1310250942 5470394799
EDENRED EDNMF US -1310250942 5470394799
EDENRED EDENUSD EU -1310250942 5470394799
EDENRED EDEN EO -1310250942 5470394799
EDENRED EDEN EU -1310250942 5470394799
EDENRED EDEN BQ -1310250942 5470394799
EDENRED EDEN EB -1310250942 5470394799
EDENRED EDEN IX -1310250942 5470394799
EDENRED EDEN PZ -1310250942 5470394799
EDENRED-NEW EDENV FP -1310250942 5470394799
EDF EN OUTRE MER 4679713Z FP -2598508.843 158364874.7
ETAM PRET A PORT 4682193Z FP -18364165.43 175501799.4
FACONNABLE SA 226782Z FP -19616230.99 136513429.3
FRANFINANCE LOCA 4689993Z FP -69780982.12 1638852912
GEC 4 SAS 4518255Z FP -91410336.97 541462091
GPN SA 4509659Z FP -35080424.69 568887551
GRANDE PAROISSE GAPA FP -927267926.9 629287290
GRANDE PAROISSE GDPXF US -927267926.9 629287290
GRANDE PAROISSE GDPA FP -927267926.9 629287290
GROUPE MONITEUR 317840Z FP -116707395.4 610106709.3
GROUPE PROGRES S 4734137Z FP -106637565.8 154665494
HIPPO GESTION ET 4732841Z FP -606512.6987 113032204.7
HITACHI EUROPE S 4681417Z FP -9927515.772 110534051.7
HP ENTREPRISE SE 4698081Z FP -97546439.37 116383810.4
I BASE 757542Z FP -6019481.253 433636337.7
ING LEASE FRANCE 4699881Z FP -51268061.49 363058830.9
ITM REGION PARIS 4681817Z FP -49662079.76 124321085.9
JTEKT AUTOMOTIVE 4505819Z FP -25670106.66 171962119.7
JTEKT AUTOMOTIVE 4504595Z FP -17492036.59 163375360
JUNGHEINRICH FIN 4635025Z FP -14429677.13 223424949.4
LAB DOLISOS LADL FP -27752176.19 110485462.4
LAB DOLISOS DOLI FP -27752176.19 110485462.4
MATUSSIERE & FOR MTUSF US -77896689.09 293868350.8
MATUSSIERE & FOR 1007765Q FP -77896689.09 293868350.8
MEDCOST SA MEDC NM -1690819.009 135171143.2
MEDCOST SA MEDC FP -1690819.009 135171143.2
MEDCOST SA-NEW MDCNV FP -1690819.009 135171143.2
MILLIMAGES 8131905Q FP -1006050.249 113454378.9
MILLIMAGES MIL1 EU -1006050.249 113454378.9
MILLIMAGES MLMG IX -1006050.249 113454378.9
MILLIMAGES MIL1 PZ -1006050.249 113454378.9
MILLIMAGES MIL FP -1006050.249 113454378.9
MILLIMAGES MG6 GR -1006050.249 113454378.9
MILLIMAGES MIL S1 -1006050.249 113454378.9
MILLIMAGES MIL1 EO -1006050.249 113454378.9
MILLIMAGES MLIGF US -1006050.249 113454378.9
MILLIMAGES MILI FP -1006050.249 113454378.9
MILLIMAGES MILF PZ -1006050.249 113454378.9
MILLIMAGES - RTS 0134468D FP -1006050.249 113454378.9
MILLIMAGES-RTS MILDS FP -1006050.249 113454378.9
MILLIMAGES-RTS 760037Q FP -1006050.249 113454378.9
M-REAL ALIZAY SA 4670721Z FP -19839749.29 142972373.7
MVCI HOLIDAYS FR 4524959Z FP -106863949.8 221936730.6
NESTLE WATERS SU 3634879Z FP -183402272.8 254740466.9
NESTLE WATERS SU 3634887Z FP -11147903.4 186832176.9
NEXANS COPPER FR 4744809Z FP -22662074.82 308626962.2
NEXTIRAONE 500526Z FP -1983210.371 311827703.4
NORDEX FRANCE SA 4521679Z FP -1596231.67 139011887.7
NOVASEP HOLDING 3736443Z FP -217561272.1 476949466.1
NOVELIS FOIL FRA 4678593Z FP -21912360.22 126180343.3
NRJ 12 4681713Z FP -59306529.9 110796872.5
O-I MANUFACTURIN 226230Z FP -101494197.2 1150890693
OROSDI OROS EO -51389802.68 181267113.2
OROSDI OROS FP -51389802.68 181267113.2
OROSDI OROS EU -51389802.68 181267113.2
OROSDI OROS S1 -51389802.68 181267113.2
OROSDI OROS PZ -51389802.68 181267113.2
OROSDI-BACK BACK IX -51389802.68 181267113.2
OROSDI-BACK ORBA FP -51389802.68 181267113.2
OROSDI-RTS ORODS FP -51389802.68 181267113.2
PAGESJAUNES GRP PAJGBP EO -2572329208 1590596225
PAGESJAUNES GRP PAJ EB -2572329208 1590596225
PAGESJAUNES GRP PAJ TQ -2572329208 1590596225
PAGESJAUNES GRP PAJUSD EU -2572329208 1590596225
PAGESJAUNES GRP PAJ QM -2572329208 1590596225
PAGESJAUNES GRP PAJ GK -2572329208 1590596225
PAGESJAUNES GRP QS3 TH -2572329208 1590596225
PAGESJAUNES GRP PAJUSD EO -2572329208 1590596225
PAGESJAUNES GRP PAJ PZ -2572329208 1590596225
PAGESJAUNES GRP QS3 GR -2572329208 1590596225
PAGESJAUNES GRP PAJ EO -2572329208 1590596225
PAGESJAUNES GRP PAJ BQ -2572329208 1590596225
PAGESJAUNES GRP PAJ IX -2572329208 1590596225
PAGESJAUNES GRP PAJ FP -2572329208 1590596225
PAGESJAUNES GRP PGJUF US -2572329208 1590596225
PAGESJAUNES GRP PAJ VX -2572329208 1590596225
PAGESJAUNES GRP PAJGBX EO -2572329208 1590596225
PAGESJAUNES GRP PAJ EU -2572329208 1590596225
PAGESJAUNES GRP PAJP IX -2572329208 1590596225
PAGESJAUNES GRP PAJ LI -2572329208 1590596225
PAGESJAUNES GRP PAJ NQ -2572329208 1590596225
PAGESJAUNES GRP PAJ S1 -2572329208 1590596225
PAGESJAUNES GRP PAJGBX EU -2572329208 1590596225
PEUGEOT CITROEN 3637183Z FP -292685177.7 366568398.7
PRIDE FORAMER SA 271904Z FP -25977905.48 1062588005
REGIE PUBLICITAI 4691033Z FP -5262294.526 112402724.7
REGIONAL COMPAGN 3635823Z FP -37389129.61 595811276.3
RESEAU FERRE FRA 224063Z FP -1594878991 71610625888
RHODIA SA RHDI GR -72552001.48 7951699362
RHODIA SA RHAY IX -72552001.48 7951699362
RHODIA SA 2324015Q EO -72552001.48 7951699362
RHODIA SA 3218857Q IX -72552001.48 7951699362
RHODIA SA RHAUSD EO -72552001.48 7951699362
RHODIA SA RHA QM -72552001.48 7951699362
RHODIA SA RHAGBX EO -72552001.48 7951699362
RHODIA SA RHA EU -72552001.48 7951699362
RHODIA SA RHAUSD EU -72552001.48 7951699362
RHODIA SA RHA BQ -72552001.48 7951699362
RHODIA SA RHDAF US -72552001.48 7951699362
RHODIA SA RHADF US -72552001.48 7951699362
RHODIA SA RHA EO -72552001.48 7951699362
RHODIA SA RHA VX -72552001.48 7951699362
RHODIA SA RHA S1 -72552001.48 7951699362
RHODIA SA RHA PZ -72552001.48 7951699362
RHODIA SA RHAGBP EO -72552001.48 7951699362
RHODIA SA RHA GK -72552001.48 7951699362
RHODIA SA RHA EB -72552001.48 7951699362
RHODIA SA RHA FP -72552001.48 7951699362
RHODIA SA RHD GR -72552001.48 7951699362
RHODIA SA RHAGBX EU -72552001.48 7951699362
RHODIA SA RHA TQ -72552001.48 7951699362
RHODIA SA 2324011Q EU -72552001.48 7951699362
RHODIA SA RHANR PZ -72552001.48 7951699362
RHODIA SA RHA IX -72552001.48 7951699362
RHODIA SA RHA NQ -72552001.48 7951699362
RHODIA SA RHDI TH -72552001.48 7951699362
RHODIA SA - NEW 3156011Q FP -72552001.48 7951699362
RHODIA SA - NEW RHANV FP -72552001.48 7951699362
RHODIA SA - NEW 2335921Q FP -72552001.48 7951699362
RHODIA SA - NEW 8125782Q FP -72552001.48 7951699362
RHODIA SA - NEW 3506266Q FP -72552001.48 7951699362
RHODIA SA-ADR RHAYY US -72552001.48 7951699362
RHODIA SA-NON RE RHANR FP -72552001.48 7951699362
RHODIA SA-RIGHTS RHADS FP -72552001.48 7951699362
RHODIA SA-RIGHTS 653447Q FP -72552001.48 7951699362
RODRIGUEZ GROUP RGX GR -91750912.54 173903830.1
RODRIGUEZ GROUP ROD TQ -91750912.54 173903830.1
RODRIGUEZ GROUP ROD S1 -91750912.54 173903830.1
RODRIGUEZ GROUP ROD PZ -91750912.54 173903830.1
RODRIGUEZ GROUP RRGZF US -91750912.54 173903830.1
RODRIGUEZ GROUP ROD EU -91750912.54 173903830.1
RODRIGUEZ GROUP RDGP IX -91750912.54 173903830.1
RODRIGUEZ GROUP ROD BQ -91750912.54 173903830.1
RODRIGUEZ GROUP ROD EO -91750912.54 173903830.1
RODRIGUEZ GROUP ROD FP -91750912.54 173903830.1
SANDOZ SAS 3635111Z FP -18996502.07 160259044.1
SDR CENTREST 117241Q FP -132420129.5 252176017.2
SEAFRANCE SA 1707464Z FP -1015379.945 247033398.8
SHEET ANCHOR FRA 4745417Z FP -14101146.92 168600747.8
SIEMENS TRANSMIS 4678865Z FP -19930279.05 315622985.4
SIEMENS VAI META 4634441Z FP -5935043.753 301409565.6
SOC NICOISE REAL 4749097Z FP -15642386.55 101088937.4
SOCIETE COMMERCI 4516647Z FP -179862008.2 1576030746
SOCIETE D'AGENCE 4741441Z FP -11128710.59 243411105.2
SOCIETE DES AUTO SEAUF US -251756893.2 10625026266
SOCIETE DES AUTO ARRGBX EO -251756893.2 10625026266
SOCIETE DES AUTO ARR1 PZ -251756893.2 10625026266
SOCIETE DES AUTO ARRGBP EO -251756893.2 10625026266
SOCIETE DES AUTO ARR1 VX -251756893.2 10625026266
SOCIETE DES AUTO RK9 GR -251756893.2 10625026266
SOCIETE DES AUTO ARR BQ -251756893.2 10625026266
SOCIETE DES-ADR SEAUY US -251756893.2 10625026266
SOGARA FRANCE 4674897Z FP -62973.12595 362782264
SOLVAY PHARMA SA 4525911Z FP -25551805.99 108445558.7
ST-ERICSSON GREN 4753017Z FP -28457816.66 102361354.6
TEAM PARTNER-RTS 633323Q FP -13557467.93 129831049
TEAM PARTNER-RTS 2841653Q FP -13557467.93 129831049
TEAM PARTNERS TPTRF US -13557467.93 129831049
TEAM PARTNERS TPGY IX -13557467.93 129831049
TEAM PARTNERS 2347985Q EO -13557467.93 129831049
TEAM PARTNERS TIP FP -13557467.93 129831049
TEAM PARTNERS TIP PZ -13557467.93 129831049
TEAM PARTNERS 2347981Q EU -13557467.93 129831049
TEAM PARTNERS GR TIPNV FP -13557467.93 129831049
TEAM PARTNERS GR TIPA FP -13557467.93 129831049
TEAM PARTNERS GR TPGP PZ -13557467.93 129831049
TEAM PARTNERS GR TPGP IX -13557467.93 129831049
TEAM PARTNERS GR TIPA EU -13557467.93 129831049
TEAM PARTNERS GR TIPDS FP -13557467.93 129831049
TEAM PARTNERS GR TIPA EO -13557467.93 129831049
TEAM PARTNERS-N TIPN FP -13557467.93 129831049
TF1 VIDEO SASU 4516855Z FP -14497962.96 104782781.8
THALES SECURITY 4701729Z FP -426153529.7 822653430.4
THALES SERVICES 3636471Z FP -68610758.53 645796540.3
THOMSON TELECOM 4516815Z FP -35805908.77 528384056.4
THYSSENKRUPP SOF 4740929Z FP -34703144.08 214714504
TRABET-TRAVAUX E 4782745Z FP -1512762.505 110553204.9
TRANSOLVER SERVI 4521279Z FP -36332151.84 199228520.9
TREVES 4722153Z FP -50694749.81 386836995.6
TROUVAY CAUVIN TVYCF US -396977.8818 133986439.7
TROUVAY CAUVIN ETEC FP -396977.8818 133986439.7
TUILERIES FINANC 4701769Z FP -3956839.937 125936634.2
VISTEON SYSTEMES 4699177Z FP -156611406.8 305260373.5
YPSO FRANCE SAS 711227Z FP -1351250200 4088652781
YVES ST LAURENT/ 4633025Z FP -82897369.68 390343397.3
GEORGIA
-------
DEVELICA DEUTSCH D4B GR -79827494.88 1139643575
DEVELICA DEUTSCH DDE IX -79827494.88 1139643575
DEVELICA DEUTSCH DDE PZ -79827494.88 1139643575
DEVELICA DEUTSCH DDE PG -79827494.88 1139643575
DEVELICA DEUTSCH DDE LN -79827494.88 1139643575
GERMANY
-------
AGOR AG DOO S1 -482449.8788 144432986.2
AGOR AG NDAGF US -482449.8788 144432986.2
AGOR AG DOO EU -482449.8788 144432986.2
AGOR AG DOOG IX -482449.8788 144432986.2
AGOR AG DOO GR -482449.8788 144432986.2
AGOR AG DOO EO -482449.8788 144432986.2
AGOR AG DOOD PZ -482449.8788 144432986.2
AGOR AG-RTS 2301918Z GR -482449.8788 144432986.2
ALNO AG ANO EO -73704044.41 211434051.7
ALNO AG ANO S1 -73704044.41 211434051.7
ALNO AG ANO PZ -73704044.41 211434051.7
ALNO AG ANO EU -73704044.41 211434051.7
ALNO AG ANO TH -73704044.41 211434051.7
ALNO AG ALNO IX -73704044.41 211434051.7
ALNO AG ANO GR -73704044.41 211434051.7
ALNO AG - RTS ANO2 GR -73704044.41 211434051.7
ALNO AG-NEW ANO1 GR -73704044.41 211434051.7
ALNO AG-RTS 4123912Z GR -73704044.41 211434051.7
ALNO AG-RTS 8174351Z GR -73704044.41 211434051.7
ALNO AG-RTS 2259765Z GR -73704044.41 211434051.7
BOSCH SOLAR THIN 2734946Z GR -5092819.401 206942365.9
BROKAT AG BRKAF US -27134800.92 143511443.1
BROKAT AG BROFQ US -27134800.92 143511443.1
BROKAT AG BKISF US -27134800.92 143511443.1
BROKAT AG BROAF US -27134800.92 143511443.1
BROKAT AG -NEW BRJ1 NM -27134800.92 143511443.1
BROKAT AG -NEW BRJ1 GR -27134800.92 143511443.1
BROKAT AG-ADR BROA US -27134800.92 143511443.1
BROKAT TECH -ADR BROAQ US -27134800.92 143511443.1
BROKAT TECH AG BRJ GR -27134800.92 143511443.1
BROKAT TECH AG BSA LN -27134800.92 143511443.1
BROKAT TECH AG BRJ NM -27134800.92 143511443.1
BROKAT TECH-ADR BRJA GR -27134800.92 143511443.1
COGNIS GMBH 575202Z GR -745013993.7 3306935972
COMMERZ REAL MOB 3988716Z GR -4537893.206 2292335153
COMPASS GROUP DE 3896530Z GR -45713969.85 408640427.9
CONERGY AG CGYKUSD EO -506044.0063 390918994.9
CONERGY AG CGY EU -506044.0063 390918994.9
CONERGY AG CGY GR -506044.0063 390918994.9
CONERGY AG CGYKGBX EO -506044.0063 390918994.9
CONERGY AG CGY TQ -506044.0063 390918994.9
CONERGY AG CGYUSD EU -506044.0063 390918994.9
CONERGY AG CGYK S1 -506044.0063 390918994.9
CONERGY AG CGYK IX -506044.0063 390918994.9
CONERGY AG CEYHF US -506044.0063 390918994.9
CONERGY AG CGYUSD EO -506044.0063 390918994.9
CONERGY AG CGYK EB -506044.0063 390918994.9
CONERGY AG CGYGBX EO -506044.0063 390918994.9
CONERGY AG CGYK BQ -506044.0063 390918994.9
CONERGY AG CGY BQ -506044.0063 390918994.9
CONERGY AG CGYK GR -506044.0063 390918994.9
CONERGY AG CGYK TQ -506044.0063 390918994.9
CONERGY AG CGYKUSD EU -506044.0063 390918994.9
CONERGY AG CGY PZ -506044.0063 390918994.9
CONERGY AG CGY EO -506044.0063 390918994.9
CONERGY AG CGY IX -506044.0063 390918994.9
CONERGY AG CGY NQ -506044.0063 390918994.9
CONERGY AG CGYK EU -506044.0063 390918994.9
CONERGY AG CGY EB -506044.0063 390918994.9
CONERGY AG CGY QM -506044.0063 390918994.9
CONERGY AG CGY TH -506044.0063 390918994.9
CONERGY AG CGYK EO -506044.0063 390918994.9
CONERGY AG CGYKGBP EO -506044.0063 390918994.9
CONERGY AG CGYK PZ -506044.0063 390918994.9
CONERGY AG CGYK TH -506044.0063 390918994.9
CONERGY AG CGYGBP EO -506044.0063 390918994.9
CONERGY AG CGYK QM -506044.0063 390918994.9
CONERGY AG CGY S1 -506044.0063 390918994.9
CONERGY AG -RTS CGYB GR -506044.0063 390918994.9
CONERGY AG-ALTAK CGY2 GR -506044.0063 390918994.9
CONERGY AG-RTS 9274362Z GR -506044.0063 390918994.9
EDOB ABWICKLUNGS ESC TH -22323468.51 425598807.8
EDOB ABWICKLUNGS ESC EO -22323468.51 425598807.8
EDOB ABWICKLUNGS ESCDF US -22323468.51 425598807.8
EDOB ABWICKLUNGS ESC GR -22323468.51 425598807.8
EDOB ABWICKLUNGS ESC EU -22323468.51 425598807.8
EDOB ABWICKLUNGS ESC BQ -22323468.51 425598807.8
EDOB ABWICKLUNGS ESC TQ -22323468.51 425598807.8
EDOB ABWICKLUNGS ESC PZ -22323468.51 425598807.8
EM.TV & MERCHAND ETV NM -22067243.56 849175624.7
EM.TV & MERCHAND ETV VX -22067243.56 849175624.7
EM.TV & MERCHAND ETVMF US -22067243.56 849175624.7
EM.TV & MERCHAND EMTVF US -22067243.56 849175624.7
EM.TV & MERCHAND ETV LN -22067243.56 849175624.7
EM.TV & MERCHAND 985403Q GR -22067243.56 849175624.7
EM.TV & MERC-NEW ETV1 GR -22067243.56 849175624.7
EM.TV & MERC-NEW ETV1 NM -22067243.56 849175624.7
EM.TV & MERC-RTS ETV8 GR -22067243.56 849175624.7
EM.TV & MERC-RTS ETV8 NM -22067243.56 849175624.7
ESCADA AG ESCG IX -22323468.51 425598807.8
ESCADA AG -PFD ESC3 GR -22323468.51 425598807.8
ESCADA AG-NEW 3069367Q GR -22323468.51 425598807.8
ESCADA AG-NEW 835345Q GR -22323468.51 425598807.8
ESCADA AG-NEW ESCN GR -22323468.51 425598807.8
ESCADA AG-NEW ESCN EO -22323468.51 425598807.8
ESCADA AG-NEW ESCD GR -22323468.51 425598807.8
ESCADA AG-NEW ESCC GR -22323468.51 425598807.8
ESCADA AG-NEW ESCN EU -22323468.51 425598807.8
ESCADA AG-RTS ESCE GR -22323468.51 425598807.8
ESCADA AG-SP ADR ESCDY US -22323468.51 425598807.8
GENERAL ELECTRIC 4501923Z GR -547318343.8 8720530002
GUENTHER & SOHN GUS PZ -9612095.264 130075209
GUENTHER & SOHN GUS EO -9612095.264 130075209
GUENTHER & SOHN GUS GR -9612095.264 130075209
GUENTHER & SOHN GUS EU -9612095.264 130075209
KABEL DEUTSC-ADR KBDHY US -1921707863 3240567525
KABEL DEUTSCHLAN KD8 TH -1921707863 3240567525
KABEL DEUTSCHLAN KD8 S1 -1921707863 3240567525
KABEL DEUTSCHLAN KD8 EB -1921707863 3240567525
KABEL DEUTSCHLAN KD8 TQ -1921707863 3240567525
KABEL DEUTSCHLAN KD8 EU -1921707863 3240567525
KABEL DEUTSCHLAN KD8GBP EO -1921707863 3240567525
KABEL DEUTSCHLAN KD8 NR -1921707863 3240567525
KABEL DEUTSCHLAN KD8 GR -1921707863 3240567525
KABEL DEUTSCHLAN KD8 EO -1921707863 3240567525
KABEL DEUTSCHLAN KD8USD EU -1921707863 3240567525
KABEL DEUTSCHLAN KD8 PZ -1921707863 3240567525
KABEL DEUTSCHLAN KBDHF US -1921707863 3240567525
KABEL DEUTSCHLAN KD8 QM -1921707863 3240567525
KABEL DEUTSCHLAN KD8 IX -1921707863 3240567525
KABEL DEUTSCHLAN KD8 BQ -1921707863 3240567525
KABEL DEUTSCHLAN KD8USD EO -1921707863 3240567525
KABEL DEUTS-CW10 DB7KWG GR -1921707863 3240567525
KAUFRING AG KFR GR -19296489.56 150995473.8
KAUFRING AG KAUG IX -19296489.56 150995473.8
KAUFRING AG KFR EU -19296489.56 150995473.8
KAUFRING AG KFR EO -19296489.56 150995473.8
KAUFRING AG KFR PZ -19296489.56 150995473.8
MANIA TECHNOLOGI MNI S1 -35060809.35 107465713.6
MANIA TECHNOLOGI MIAVF US -35060809.35 107465713.6
MANIA TECHNOLOGI MNI1 EO -35060809.35 107465713.6
MANIA TECHNOLOGI MNI NM -35060809.35 107465713.6
MANIA TECHNOLOGI MNI1 EU -35060809.35 107465713.6
MANIA TECHNOLOGI MNI PZ -35060809.35 107465713.6
MANIA TECHNOLOGI MNI GR -35060809.35 107465713.6
MANIA TECHNOLOGI 2260970Z GR -35060809.35 107465713.6
MANIA TECHNOLOGI MNIG IX -35060809.35 107465713.6
MANIA TECHNOLOGI MNI TH -35060809.35 107465713.6
MATERNUS KLINI-N MAK1 GR -17249775.07 161290141
MATERNUS-KLINIKE MAK GR -17249775.07 161290141
MATERNUS-KLINIKE MNUKF US -17249775.07 161290141
MATERNUS-KLINIKE MAK EO -17249775.07 161290141
MATERNUS-KLINIKE MAK S1 -17249775.07 161290141
MATERNUS-KLINIKE MAK PZ -17249775.07 161290141
MATERNUS-KLINIKE MAK TH -17249775.07 161290141
MATERNUS-KLINIKE MAK EU -17249775.07 161290141
MATERNUS-KLINIKE MAKG IX -17249775.07 161290141
NORDAG AG DOO1 GR -482449.8788 144432986.2
NORDAG AG-PFD DOO3 GR -482449.8788 144432986.2
NORDAG AG-RTS DOO8 GR -482449.8788 144432986.2
NORDENIA INTL AG NOD GR -74471727.44 729626481.3
NORDENIA INTL AG NOD8 GR -74471727.44 729626481.3
NORDSEE AG 533061Q GR -8200551.142 194616922.6
NUERNB HYPO-RTS NUE8 GR -2104037124 5.86E+11
NUERNB HYPOTHEK 0478131D GR -2104037124 5.86E+11
PFLEIDERER AG PBVDF US -97572495.87 1832488196
PFLEIDERER AG-BE PFD GR -97572495.87 1832488196
PFLEIDERER A-RTS PFDB GR -97572495.87 1832488196
PFLEIDERER-NEW PFD1 GR -97572495.87 1832488196
PFLEIDERER-REG PFD4 EB -97572495.87 1832488196
PFLEIDERER-REG PFD4 EU -97572495.87 1832488196
PFLEIDERER-REG PFD4GBP EO -97572495.87 1832488196
PFLEIDERER-REG PFD4 TH -97572495.87 1832488196
PFLEIDERER-REG PFD4 NR -97572495.87 1832488196
PFLEIDERER-REG PFD4 TQ -97572495.87 1832488196
PFLEIDERER-REG PFD4GBX EO -97572495.87 1832488196
PFLEIDERER-REG PFDG IX -97572495.87 1832488196
PFLEIDERER-REG PFD4 S1 -97572495.87 1832488196
PFLEIDERER-REG PFD4 EO -97572495.87 1832488196
PFLEIDERER-REG PFD4 PZ -97572495.87 1832488196
PFLEIDERER-REG PFD4 GR -97572495.87 1832488196
PFLEIDERER-REG PFD4 QM -97572495.87 1832488196
PFLEIDERER-REG PFD4GBX EU -97572495.87 1832488196
PFLEIDERER-REG PFD4 NQ -97572495.87 1832488196
PFLEIDERER-REG PFD4 BQ -97572495.87 1832488196
PFLEIDERER-REG PFEIF US -97572495.87 1832488196
PRIMACOM AG PRCG IX -18656751.16 610380925.7
PRIMACOM AG PRC2 GR -18656751.16 610380925.7
PRIMACOM AG PRC S1 -18656751.16 610380925.7
PRIMACOM AG PRC NM -18656751.16 610380925.7
PRIMACOM AG PCAGF US -18656751.16 610380925.7
PRIMACOM AG PRC EU -18656751.16 610380925.7
PRIMACOM AG PRC GR -18656751.16 610380925.7
PRIMACOM AG PRC TH -18656751.16 610380925.7
PRIMACOM AG PRCG PZ -18656751.16 610380925.7
PRIMACOM AG PRC EO -18656751.16 610380925.7
PRIMACOM AG-ADR PCAGY US -18656751.16 610380925.7
PRIMACOM AG-ADR PCAG US -18656751.16 610380925.7
PRIMACOM AG-ADR+ PCAG ES -18656751.16 610380925.7
RAG ABWICKL-REG ROSG PZ -1744124.2 217776125.8
RAG ABWICKL-REG ROS GR -1744124.2 217776125.8
RAG ABWICKL-REG ROS S1 -1744124.2 217776125.8
RAG ABWICKL-REG ROS1 EO -1744124.2 217776125.8
RAG ABWICKL-REG ROS1 EU -1744124.2 217776125.8
RAG ABWICKL-REG RSTHF US -1744124.2 217776125.8
RINOL AG RILB S1 -1.171602 168095049.1
RINOL AG RILB GR -1.171602 168095049.1
RINOL AG RIL GR -1.171602 168095049.1
RINOL AG RILB IX -1.171602 168095049.1
RINOL AG RNLAF US -1.171602 168095049.1
RINOL AG RILB EU -1.171602 168095049.1
RINOL AG RILB PZ -1.171602 168095049.1
RINOL AG RILB EO -1.171602 168095049.1
ROSENTHAL AG 2644179Q GR -1744124.2 217776125.8
ROSENTHAL AG-ACC ROS4 GR -1744124.2 217776125.8
ROSENTHAL AG-ADR RSTHY US -1744124.2 217776125.8
ROSENTHAL AG-REG ROSG IX -1744124.2 217776125.8
SINNLEFFERS AG WHG GR -4491635.615 453887060.1
SOLON AG FUE-NEW SOO4 GR -138663225.9 627116116.4
SOLON AG FUE-NEW SOOJ GR -138663225.9 627116116.4
SOLON AG FUE-NEW SOO3 GR -138663225.9 627116116.4
SOLON AG FUER SO SOO GR -138663225.9 627116116.4
SOLON AG FUER SO SOOG IX -138663225.9 627116116.4
SOLON AG FUE-RTS 2292896Z GR -138663225.9 627116116.4
SOLON AG FU-MEW 532564Q GR -138663225.9 627116116.4
SOLON SE SOO1 PZ -138663225.9 627116116.4
SOLON SE SOON EU -138663225.9 627116116.4
SOLON SE SOO1 GR -138663225.9 627116116.4
SOLON SE SOO1USD EO -138663225.9 627116116.4
SOLON SE SOO1 TH -138663225.9 627116116.4
SOLON SE SGFRF US -138663225.9 627116116.4
SOLON SE SOO1 TQ -138663225.9 627116116.4
SOLON SE SOO1 S1 -138663225.9 627116116.4
SOLON SE SNBZF US -138663225.9 627116116.4
SOLON SE SOO1 EO -138663225.9 627116116.4
SOLON SE SOON EO -138663225.9 627116116.4
SOLON SE SOO1 EU -138663225.9 627116116.4
SOLON SE SOO1 BQ -138663225.9 627116116.4
SOLON SE SOON GR -138663225.9 627116116.4
SOLON SE SOO1USD EU -138663225.9 627116116.4
SOLON SE-RTS 3664247Z GR -138663225.9 627116116.4
SPAR HANDELS-AG 773844Q GR -442426239.7 1433020961
SPAR HANDELS-AG SPHFF US -442426239.7 1433020961
SPAR HAND-PFD NV SPA3 GR -442426239.7 1433020961
TA TRIUMPH-ACQ TWNA GR -124667889.5 375247226.8
TA TRIUMPH-ACQ TWNA EU -124667889.5 375247226.8
TA TRIUMPH-ADLER TTZAF US -124667889.5 375247226.8
TA TRIUMPH-ADLER TWNG IX -124667889.5 375247226.8
TA TRIUMPH-ADLER TWN PZ -124667889.5 375247226.8
TA TRIUMPH-ADLER 0292922D GR -124667889.5 375247226.8
TA TRIUMPH-ADLER TWN EU -124667889.5 375247226.8
TA TRIUMPH-ADLER TWN EO -124667889.5 375247226.8
TA TRIUMPH-A-RTS 1018916Z GR -124667889.5 375247226.8
TA TRIUMPH-NEW TWN1 GR -124667889.5 375247226.8
TA TRIUMPH-RT TWN8 GR -124667889.5 375247226.8
TA TRIUMPH-RTS 3158577Q GR -124667889.5 375247226.8
GREECE
------
AG PETZETAKIS SA PZETF US -110812812.5 206429374.1
AG PETZETAKIS SA PETZK EO -110812812.5 206429374.1
AG PETZETAKIS SA PETZK PZ -110812812.5 206429374.1
AG PETZETAKIS SA PTZ1 GR -110812812.5 206429374.1
AG PETZETAKIS SA PTZ GR -110812812.5 206429374.1
AG PETZETAKIS SA PETZK EU -110812812.5 206429374.1
AG PETZETAKIS SA PETZK GA -110812812.5 206429374.1
ALAPIS HOLDING 3385874Q GA -670700605.1 924332371.1
ALAPIS HOLDING I V2R GR -670700605.1 924332371.1
ALAPIS HOLDING I VTERF US -670700605.1 924332371.1
ALAPIS HOLDING I FFE GR -670700605.1 924332371.1
ALAPIS HOLDING I ALAPIS EU -670700605.1 924332371.1
ALAPIS HOLDING I VETER GA -670700605.1 924332371.1
ALAPIS HOLDIN-RT ALAPISR GA -670700605.1 924332371.1
ALAPIS REPO ALAPL10 GA -670700605.1 924332371.1
ALAPIS R-R ALAPV10 GA -670700605.1 924332371.1
ALAPIS SA ALAPI EU -670700605.1 924332371.1
ALAPIS SA ALAPI EO -670700605.1 924332371.1
ALAPIS SA ALAPIS GA -670700605.1 924332371.1
ALAPIS SA FFEF GR -670700605.1 924332371.1
ALAPIS SA FFEB GR -670700605.1 924332371.1
ALAPIS SA ALAPIS PZ -670700605.1 924332371.1
ALAPIS SA APSHF US -670700605.1 924332371.1
ASPIS BANK SA ASEUF US -46224213.41 3486115450
ASPIS BANK-RIGHT 365673Q GA -46224213.41 3486115450
ASPIS BANK-RTS ASPTR GA -46224213.41 3486115450
ASPIS BANK-RTS 839325Q GA -46224213.41 3486115450
ASPIS BANK-RTS 3558423Q GA -46224213.41 3486115450
ASPIS MORT-RTS ASPTD GA -46224213.41 3486115450
ASPIS PRONIA GE AISQF US -189908329.1 896537349.7
ASPIS PRONIA GE ASASK GA -189908329.1 896537349.7
ASPIS PRONIA GE ASASK EU -189908329.1 896537349.7
ASPIS PRONIA GE ASASK PZ -189908329.1 896537349.7
ASPIS PRONIA GE ASASK EO -189908329.1 896537349.7
ASPIS PRONIA -PF ASAPR GA -189908329.1 896537349.7
ASPIS PRONIA-PF APGV GR -189908329.1 896537349.7
ASPIS PRONIA-PF ASASP GA -189908329.1 896537349.7
ASPIS PRONIA-RT ASASKR GA -189908329.1 896537349.7
ASPIS PRONOIA GE APGG IX -189908329.1 896537349.7
ASPIS PRONOIA GE APG GR -189908329.1 896537349.7
ASPIS PRON-PF RT ASASPR GA -189908329.1 896537349.7
ATLANTIC SUPERMA ATLA GA -76261648.16 315891294.2
ATLANTIC SUPERMA ATLA1 EU -76261648.16 315891294.2
ATLANTIC SUPERMA ATLA1 EO -76261648.16 315891294.2
ATLANTIC SUPERMA ATLA PZ -76261648.16 315891294.2
EDRASIS C. PSALL EDRAR GA -68424544.93 193206489.9
EDRASIS PSALIDAS EDRA EU -68424544.93 193206489.9
EDRASIS PSALIDAS EDRA EO -68424544.93 193206489.9
EDRASIS PSALIDAS EPP GR -68424544.93 193206489.9
EDRASIS PSALIDAS EDRA GA -68424544.93 193206489.9
EDRASIS PSALIDAS EDRA PZ -68424544.93 193206489.9
EDRASIS-AUCTION EDRAE GA -68424544.93 193206489.9
EMPEDOS SA EMPED GA -33637669.62 174742646.9
EMPEDOS SA-RTS EMPEDR GA -33637669.62 174742646.9
HELLAS ONLINE SA BRAIN PZ -4264723.817 411173224.1
HELLAS ONLINE SA BRAIN EO -4264723.817 411173224.1
HELLAS ONLINE SA 0394471Q GA -4264723.817 411173224.1
HELLAS ONLINE SA UN5 GR -4264723.817 411173224.1
HELLAS ONLINE SA BRAIN GA -4264723.817 411173224.1
HELLAS ONLINE SA BRAIN EU -4264723.817 411173224.1
HELLAS ONLINE SA HOL GA -4264723.817 411173224.1
HELLAS ONLIN-RTS HOLR GA -4264723.817 411173224.1
KATSELIS SON-P R KATPD GA -84623057.15 115632796.2
KATSELIS SONS-PF KATSP GA -84623057.15 115632796.2
KATSELIS SONS-RT KATKD GA -84623057.15 115632796.2
LAMBRAKIS PR -RT DOLD GA -39671021.31 225710342.6
LAMBRAKIS PRESS LMBKF US -39671021.31 225710342.6
LAMBRAKIS PRESS DOL EU -39671021.31 225710342.6
LAMBRAKIS PRESS LA3A GR -39671021.31 225710342.6
LAMBRAKIS PRESS DOL GA -39671021.31 225710342.6
LAMBRAKIS PRESS LA3 GR -39671021.31 225710342.6
LAMBRAKIS PRESS DOL PZ -39671021.31 225710342.6
LAMBRAKIS PRESS DOL EO -39671021.31 225710342.6
LAMBRAKIS REPO DOLL10 GA -39671021.31 225710342.6
LAMBRAKIS R-R DOLV10 GA -39671021.31 225710342.6
LAMBRAKIS-AUC DOLE GA -39671021.31 225710342.6
LAVIPHARM SA LAVI GA -5006040.333 167080549.6
LAVIPHARM SA LAVI EU -5006040.333 167080549.6
LAVIPHARM SA LAVI EO -5006040.333 167080549.6
LAVIPHARM SA LAVI PZ -5006040.333 167080549.6
LAVIPHARM SA LVP GR -5006040.333 167080549.6
LAVIPHARM SA BXA GR -5006040.333 167080549.6
LAVIPHARM SA LVIXF US -5006040.333 167080549.6
LAVIPHARM SA-RTS LAVID GA -5006040.333 167080549.6
LAVIPHARM SA-RTS LAVIR GA -5006040.333 167080549.6
LAVIPHARM-AUC LAVIE GA -5006040.333 167080549.6
MAILLIS MLISF US -2041887.566 401387790.4
MAILLIS -RTS MAIKR GA -2041887.566 401387790.4
MAILLIS-SPON ADR MJMSY US -2041887.566 401387790.4
MARITIME CO LESB MEKD CH -7779986.972 235355419.9
MARITIME CO LESB NELD GA -7779986.972 235355419.9
MARITIME CO LESV NEL PZ -7779986.972 235355419.9
MARITIME CO LESV MTMLF US -7779986.972 235355419.9
MARITIME CO LESV NEL EU -7779986.972 235355419.9
MARITIME CO LESV NEL GA -7779986.972 235355419.9
MARITIME CO LESV NEL EO -7779986.972 235355419.9
MARITIME CO LESV MCV GR -7779986.972 235355419.9
MARITIME CO -RTS 2749585Q GA -7779986.972 235355419.9
MARITIME COMPANY NELE GA -7779986.972 235355419.9
MARITIME COM-RTS NELR GA -7779986.972 235355419.9
MARITIME CO-RTS 5078509Q GA -7779986.972 235355419.9
MARITIME LESV-RT NELBR GA -7779986.972 235355419.9
MJ MAILLIS S.A. MJL GR -2041887.566 401387790.4
MJ MAILLIS S.A. MAIK PZ -2041887.566 401387790.4
MJ MAILLIS S.A. MAIK EU -2041887.566 401387790.4
MJ MAILLIS S.A. MAIK GA -2041887.566 401387790.4
MJ MAILLIS S.A. MAIK EO -2041887.566 401387790.4
NAOUSSA SPIN -RT NAOYD GA -163114842.1 286539436.9
NAOUSSA SPIN-AUC NAOYKE GA -163114842.1 286539436.9
NAOUSSA SPINNING NML GR -163114842.1 286539436.9
NAOUSSA SPIN-RTS NAOYKR GA -163114842.1 286539436.9
NUTRIART S.A. KTSEF US -84623057.15 115632796.2
NUTRIART S.A. KATSK GA -84623057.15 115632796.2
NUTRIART SA KATSK EO -84623057.15 115632796.2
NUTRIART SA KATSK PZ -84623057.15 115632796.2
NUTRIART SA NUTRIART GA -84623057.15 115632796.2
NUTRIART SA KATSK EU -84623057.15 115632796.2
NUTRIART-RTS 3411089Q GA -84623057.15 115632796.2
PETZET - PFD-RTS PETZPD GA -110812812.5 206429374.1
PETZETAKIS - RTS PETZKD GA -110812812.5 206429374.1
PETZETAKIS-AUC PETZKE GA -110812812.5 206429374.1
PETZETAKIS-PFD PTZ3 GR -110812812.5 206429374.1
PETZETAKIS-PFD PETZP GA -110812812.5 206429374.1
RADIO KORASSIDIS KORA GA -100972173.9 244951680.3
RADIO KORASSIDIS RAKOF US -100972173.9 244951680.3
RADIO KORASSIDIS RKC GR -100972173.9 244951680.3
RADIO KORASSI-RT KORAD GA -100972173.9 244951680.3
RADIO KORASS-RTS KORAR GA -100972173.9 244951680.3
T BANK ASPT EU -46224213.41 3486115450
T BANK ASPT GA -46224213.41 3486115450
T BANK ASPT EO -46224213.41 3486115450
T BANK TBANK EU -46224213.41 3486115450
T BANK TBANK EO -46224213.41 3486115450
T BANK ASPT PZ -46224213.41 3486115450
T BANK TBANK GA -46224213.41 3486115450
THEMELIODOMI THEME GA -55751173.78 232036822.6
THEMELIODOMI-AUC THEMEE GA -55751173.78 232036822.6
THEMELIODOMI-RTS THEMER GA -55751173.78 232036822.6
THEMELIODOMI-RTS THEMED GA -55751173.78 232036822.6
UNITED TEXTILES NML1 GR -163114842.1 286539436.9
UNITED TEXTILES UTEX PZ -163114842.1 286539436.9
UNITED TEXTILES UTEX EO -163114842.1 286539436.9
UNITED TEXTILES NAOSF US -163114842.1 286539436.9
UNITED TEXTILES NAOYK GA -163114842.1 286539436.9
UNITED TEXTILES UTEX EU -163114842.1 286539436.9
UNITED TEXTILES UTEX GA -163114842.1 286539436.9
VETERIN - RIGHTS VETR GA -670700605.1 924332371.1
HUNGARY
-------
HUNGARIAN TELEPH HUGC IX -73723992 827192000
HUNGARIAN TELEPH HUC EX -73723992 827192000
INVITEL HOLD-ADR INVHY US -73723992 827192000
INVITEL HOLD-ADR 0IN GR -73723992 827192000
INVITEL HOLD-ADR IHO US -73723992 827192000
INVITEL HOLDINGS 3212873Z HB -73723992 827192000
IRELAND
-------
AIRPLANES HOLDIN 4461857Z ID -16556589608 931628665.2
ALECTRA FINANCE 4505075Z ID -59841094.81 1863021876
ARCADE PROPERTY 4461121Z ID -271759845.9 854806905.5
ARDAGH GLASS FIN 3489820Z ID -425719878.1 5124811840
ARNOTTS HOLDINGS 4462545Z ID -345703659.3 169928201.7
AVAYA HOLDINGS L 4491803Z ID -332334120.8 255019134.5
BALLYMORE PROPER 162707Z ID -243143095.2 972399152.8
BIRCHFORD INVEST 3802508Z ID -17025540.7 218278444.2
BPM IRELAND PLC 4471855Z ID -4595598.259 844444461.6
CAMBER 4 PLC 3807980Z ID -548127044.3 336912874.6
CAPEL DEVELOPMEN 3813016Z ID -54774206.54 118764190.8
COMMUNICORP GROU 1027859Z ID -28828642.17 309423497.3
CONOCOPHILLIPS I 4526671Z ID -215725943.4 369716179.9
CONOCOPHILLIPS W 3894318Z ID -176383297.5 403120095.3
DUOMO FUNDING PL 4462513Z ID -35248.53659 1636451107
ELAN PHARMA INTE 4515071Z ID -275500000 1657900032
ELLERSTON GEMS O 4781417Z ID -4056787.085 195869209.7
EURCO FINANCE 3799980Z ID -48643223.1 679126971.7
FOL INTERNATIONA 4513251Z ID -43457938.48 343547754.8
FRESHWATER FINAN 699575Z ID -251700725.1 1588010523
FRUIT OF THE LOO 4459361Z ID -85434026.52 344655328.1
GS MULTI-CURRENC 4780921Z ID -218031502.7 1766463253
INDEP NEWS & MED INM LN -257955932.2 715040181
INDEP NEWS & MED INWS IX -257955932.2 715040181
INDEP NEWS & MED INM1 EU -257955932.2 715040181
INDEP NEWS & MED INWS ID -257955932.2 715040181
INDEP NEWS & MED INM1GBX EO -257955932.2 715040181
INDEP NEWS & MED INNS VX -257955932.2 715040181
INDEP NEWS & MED IPDC GK -257955932.2 715040181
INDEP NEWS & MED INM1GBX EU -257955932.2 715040181
INDEP NEWS & MED INM VX -257955932.2 715040181
INDEP NEWS & MED IPD PZ -257955932.2 715040181
INDEP NEWS & MED INNZF US -257955932.2 715040181
INDEP NEWS & MED INM1 EO -257955932.2 715040181
INDEP NEWS & MED INM1 NQ -257955932.2 715040181
INDEP NEWS & MED INWS PO -257955932.2 715040181
INDEP NEWS & MED INM1 EB -257955932.2 715040181
INDEP NEWS & MED INM PZ -257955932.2 715040181
INDEP NEWS & MED INP NZ -257955932.2 715040181
INDEP NEWS & MED INM ID -257955932.2 715040181
INDEP NEWS & MED IPD PO -257955932.2 715040181
INDEP NEWS & MED INWS LN -257955932.2 715040181
INDEP NEWS & MED INM1 TQ -257955932.2 715040181
INDEP NEWS & MED IPDC GR -257955932.2 715040181
INDEP NEWS & MED INM1 NR -257955932.2 715040181
INDEP NEWS & MED INM S1 -257955932.2 715040181
INDEP NEWS & MED IPD GR -257955932.2 715040181
INDEP NEWS &-F/P INWF LN -257955932.2 715040181
INDEP NEWS &-F/P IPDC ID -257955932.2 715040181
INDEP NEWS &-N/P INDB ID -257955932.2 715040181
INDEP NEWS &-N/P INWN LN -257955932.2 715040181
INDEP NEWS &-NEW IPDA GR -257955932.2 715040181
INDEP NEWS &-NEW INWN ID -257955932.2 715040181
INDEP NEWS-ADR INNZY US -257955932.2 715040181
INDEP NEWSPAPERS IPNWF US -257955932.2 715040181
INDEP NEWSPAPERS QQIAF US -257955932.2 715040181
INDEPENDENT-FPR INMF ID -257955932.2 715040181
INDEPENDENT-FPR INMF LN -257955932.2 715040181
INDEPENDENT-FPR INMF PZ -257955932.2 715040181
INDEPENDENT-NPR INMN PZ -257955932.2 715040181
INDEPENDENT-NPR INMN ID -257955932.2 715040181
INDEPENDENT-NPR INMN LN -257955932.2 715040181
IRISH NATIONWIDE 1020Z ID -24460514.19 16215850688
LCH EUROPEAN POR 3809212Z ID -91665071.77 296022574.1
LTR FINANCE NO 8 3816616Z ID -8799339.829 323480874.1
MAINAU FUNDING L 4460161Z ID -216846138.8 1309830017
MCAFEE IRELAND L 3809112Z ID -39595362.44 515570024.5
MCINERNEY HLDGS MK9 PO -137972148.5 304108432.2
MCINERNEY HLDGS MCI EO -137972148.5 304108432.2
MCINERNEY HLDGS MCI VX -137972148.5 304108432.2
MCINERNEY HLDGS MNEYF US -137972148.5 304108432.2
MCINERNEY HLDGS MCI LN -137972148.5 304108432.2
MCINERNEY HLDGS MK9 GR -137972148.5 304108432.2
MCINERNEY HLDGS MCIGBX EU -137972148.5 304108432.2
MCINERNEY HLDGS MCII IX -137972148.5 304108432.2
MCINERNEY HLDGS MCI IX -137972148.5 304108432.2
MCINERNEY HLDGS MCI EU -137972148.5 304108432.2
MCINERNEY HLDGS MCIGBP EO -137972148.5 304108432.2
MCINERNEY HLDGS MCIGBX EO -137972148.5 304108432.2
MCINERNEY HLDGS MCI ID -137972148.5 304108432.2
MCINERNEY HLDGS MK9C PZ -137972148.5 304108432.2
MCINERNEY HLDGS MCI PO -137972148.5 304108432.2
MCINERNEY PROP-A MYP LN -137972148.5 304108432.2
MCINERNEY PROP-A MCIYF US -137972148.5 304108432.2
MCINERNEY PROP-A MYP ID -137972148.5 304108432.2
MCINERNEY -RT FP MCIF LN -137972148.5 304108432.2
MCINERNEY -RT FP MCIF ID -137972148.5 304108432.2
MCINERNEY -RT NP MCIN LN -137972148.5 304108432.2
MCINERNEY -RT NP MCIN ID -137972148.5 304108432.2
MCINERNEY-ADR MNEYY US -137972148.5 304108432.2
MYRMIDON CMBS PR 3819292Z ID -106452050.5 274187079.5
NOBLE CARBON CRE 3643943Z ID -19803913.97 122514177.1
NOVELL IRELAND S 3632507Z ID -42302599.57 275653812
PAYZONE PLC PAYZ EO -138030903.2 510010035.3
PAYZONE PLC PAYZ PZ -138030903.2 510010035.3
PAYZONE PLC PAYZ PG -138030903.2 510010035.3
PAYZONE PLC PAYZ LN -138030903.2 510010035.3
PAYZONE PLC PAYZ EU -138030903.2 510010035.3
PAYZONE PLC PAYZ IX -138030903.2 510010035.3
PAYZONE PLC 4P6 GR -138030903.2 510010035.3
QUINN GROUP LTD 166771Z ID -228838127.1 2504412121
RHATIGAN COMMERC 3800004Z ID -196980690.9 136107436.9
SALOME FUNDING P 747246Z ID -1780227.756 2390329099
SCHWARZ PHARMA L 626603Z ID -566486089.9 327913450.8
SHENDA IRELAND L 4781889Z ID -147003552 222048024.6
SPENCER DOCK DEV 3813908Z ID -87906519 773958702
START FUNDING NO 3816392Z ID -8410425.946 624257073.1
SUSQUEHANNA EURO 4459081Z ID -1252022268 5765502698
TAKEDA PHARMA IR 4460049Z ID -553964898.1 178556098.5
TOPAZ ENERGY GRO 4508643Z ID -20430096.67 574668196.2
UPC BROADBAND IR 3633179Z ID -295261091 748962719.5
WATERFORD - RTS WWWA GR -505729895.2 820803256
WATERFORD - RTS WWWB GR -505729895.2 820803256
WATERFORD - RTS WWWB ID -505729895.2 820803256
WATERFORD - RTS WWWA ID -505729895.2 820803256
WATERFORD - RTS 508519Q LN -505729895.2 820803256
WATERFORD - RTS 508523Q LN -505729895.2 820803256
WATERFORD CRYSTA 4459209Z ID -150440252.3 114111756.9
WATERFORD W-ADR WATWY US -505729895.2 820803256
WATERFORD WDGEWD WATWF US -505729895.2 820803256
WATERFORD WDGEWD WATFF US -505729895.2 820803256
WATERFORD WED-RT WWWD ID -505729895.2 820803256
WATERFORD WED-RT WWWC ID -505729895.2 820803256
WATERFORD WED-RT WTFR LN -505729895.2 820803256
WATERFORD WED-RT 586556Q LN -505729895.2 820803256
WATERFORD WED-RT WWWC GR -505729895.2 820803256
WATERFORD WED-RT WWWD GR -505729895.2 820803256
WATERFORD WED-RT 586552Q LN -505729895.2 820803256
WATERFORD WED-UT WTFU VX -505729895.2 820803256
WATERFORD WED-UT WWW PO -505729895.2 820803256
WATERFORD WED-UT WWWD PZ -505729895.2 820803256
WATERFORD WED-UT WTFU LN -505729895.2 820803256
WATERFORD WED-UT WTFUGBX EO -505729895.2 820803256
WATERFORD WED-UT WWW GR -505729895.2 820803256
WATERFORD WED-UT WTFU EO -505729895.2 820803256
WATERFORD WED-UT WTFUGBX EU -505729895.2 820803256
WATERFORD WED-UT WTFU PO -505729895.2 820803256
WATERFORD WED-UT WTFU ID -505729895.2 820803256
WATERFORD WED-UT WTFU IX -505729895.2 820803256
WATERFORD WED-UT WTFU EU -505729895.2 820803256
WATERFORD WE-RTS WTFF ID -505729895.2 820803256
WATERFORD WE-RTS WTFN VX -505729895.2 820803256
WATERFORD WE-RTS WTFN ID -505729895.2 820803256
WATERFORD WE-RTS WTFN LN -505729895.2 820803256
WATERFORD WE-RTS WTFF LN -505729895.2 820803256
WATERFORD-ADR UT WFWA GR -505729895.2 820803256
WATERFORD-ADR UT WATFZ US -505729895.2 820803256
WATERFORD-SUB 3001875Z ID -505729895.2 820803256
ICELAND
-------
AVION GROUP B1Q GR -223780368 2277882368
EIMSKIPAFELAG HF HFEIMEUR EU -223780368 2277882368
EIMSKIPAFELAG HF HFEIMEUR EO -223780368 2277882368
EIMSKIPAFELAG HF HFEIM EU -223780368 2277882368
EIMSKIPAFELAG HF AVION IR -223780368 2277882368
EIMSKIPAFELAG HF HFEIM EO -223780368 2277882368
EIMSKIPAFELAG HF HFEIM IR -223780368 2277882368
EIMSKIPAFELAG HF HFEIM PZ -223780368 2277882368
ITALY
-----
AS ROMA SPA ASRO IX -66248672.26 227606539.7
AS ROMA SPA ASR EB -66248672.26 227606539.7
AS ROMA SPA ASR PZ -66248672.26 227606539.7
AS ROMA SPA ASR QM -66248672.26 227606539.7
AS ROMA SPA ASR IX -66248672.26 227606539.7
AS ROMA SPA ASRAF US -66248672.26 227606539.7
AS ROMA SPA ASR EU -66248672.26 227606539.7
AS ROMA SPA ASR BQ -66248672.26 227606539.7
AS ROMA SPA ASR IM -66248672.26 227606539.7
AS ROMA SPA ASR TQ -66248672.26 227606539.7
AS ROMA SPA ASR EO -66248672.26 227606539.7
AS ROMA SPA RO9 GR -66248672.26 227606539.7
AS ROMA SPA-RTS ASRAA IM -66248672.26 227606539.7
AUTOMOTIVE LIGHT 3895734Z IM -8797909.782 165588007.5
CANTIERI DI PISA 4313125Z IM -2611908.154 105466953.7
CIRIO FINANZIARI CRO IM -422095936.7 1583083044
CIRIO FINANZIARI FIY GR -422095936.7 1583083044
COGEME AXA COGAXA IM -77319804.75 102552226.7
COGEME AZXOBCV COGOB IM -77319804.75 102552226.7
COGEME SET SPA COG EO -77319804.75 102552226.7
COGEME SET SPA COG EU -77319804.75 102552226.7
COGEME SET SPA COG IM -77319804.75 102552226.7
COGEME SET SPA COG PZ -77319804.75 102552226.7
COGEME SET SPA CRT GR -77319804.75 102552226.7
COGEME SET SPA COGM IX -77319804.75 102552226.7
COIN SPA 965089Q GR -154057598.5 800526929.5
COIN SPA GUCIF US -154057598.5 800526929.5
COIN SPA GC IX -154057598.5 800526929.5
COIN SPA/OLD GC IM -154057598.5 800526929.5
COIN SPA-RTS GCAA IM -154057598.5 800526929.5
COMPAGNIA ITALIA CITU IX -137726596.3 527372691.4
COMPAGNIA ITALIA ICT IM -137726596.3 527372691.4
COMPAGNIA ITALIA CGLUF US -137726596.3 527372691.4
CREDITO FONDIARI CRF IM -200209050.3 4213063202
CREDITO FOND-RTS CRFSA IM -200209050.3 4213063202
DIMA COSTRUZIONI 4526911Z IM -14681477.1 426157772.4
DIMAFIN SPA 2727163Z IM -63237953.95 270856564.4
FINMATICA SPA FIN NM -126380828.5 281244456.3
FINMATICA SPA FMTAF US -126380828.5 281244456.3
FINMATICA SPA FIN IM -126380828.5 281244456.3
FINMATICA SPA FIT GR -126380828.5 281244456.3
GABETTI AXA+W GABAAW IM -11268334.91 224454564
GABETTI PROPERTY 0617059D IM -11268334.91 224454564
GABETTI PROPERTY GABH EU -11268334.91 224454564
GABETTI PROPERTY GAB PZ -11268334.91 224454564
GABETTI PROPERTY GAB BQ -11268334.91 224454564
GABETTI PROPERTY GAB IM -11268334.91 224454564
GABETTI PROPERTY GBTTF US -11268334.91 224454564
GABETTI PROPERTY GABH EO -11268334.91 224454564
GABETTI PROPERTY GABH TQ -11268334.91 224454564
GABETTI PROP-RTS GABAXA IM -11268334.91 224454564
GABETTI SPA GABH IM -11268334.91 224454564
GABETTI SPA GABI IX -11268334.91 224454564
GUERRINO PIVATO 4292565Z IM -41218066.44 397216267.9
I VIAGGI DEL VEN VVE EU -209436890.3 202705179.9
I VIAGGI DEL VEN VVE IM -209436890.3 202705179.9
I VIAGGI DEL VEN VVE TQ -209436890.3 202705179.9
I VIAGGI DEL VEN VVE EO -209436890.3 202705179.9
I VIAGGI DEL VEN VVE PZ -209436890.3 202705179.9
I VIAGGI DEL VEN IVGIF US -209436890.3 202705179.9
I VIAGGI DEL VEN VVE IX -209436890.3 202705179.9
I VIAGGI DEL VEN IV7 GR -209436890.3 202705179.9
I VIAGGI-RTS VVEAA IM -209436890.3 202705179.9
INDUSTRIE FINCUO 4270053Z IM -15676157.12 111118283.9
MAIRE TECNIM-ADR MTRCY US -18172040.27 3401620362
MAIRE TECNIMONT MT1 EB -18172040.27 3401620362
MAIRE TECNIMONT MTCM PZ -18172040.27 3401620362
MAIRE TECNIMONT MT1USD EO -18172040.27 3401620362
MAIRE TECNIMONT MT1 S1 -18172040.27 3401620362
MAIRE TECNIMONT MT1 EO -18172040.27 3401620362
MAIRE TECNIMONT MRTZF US -18172040.27 3401620362
MAIRE TECNIMONT MT1 TQ -18172040.27 3401620362
MAIRE TECNIMONT MT1 BQ -18172040.27 3401620362
MAIRE TECNIMONT MT1 NQ -18172040.27 3401620362
MAIRE TECNIMONT MT IX -18172040.27 3401620362
MAIRE TECNIMONT MT1 NR -18172040.27 3401620362
MAIRE TECNIMONT MT1 EU -18172040.27 3401620362
MAIRE TECNIMONT MT IM -18172040.27 3401620362
MAIRE TECNIMONT MT1 QM -18172040.27 3401620362
MAIRE TECNIMONT 3OY GR -18172040.27 3401620362
MAIRE TECNIMONT MT1USD EU -18172040.27 3401620362
MERIDIANA SPA 1163Z IM -4645217.834 187285866.9
MONTE MARE GRADO 4359985Z IM -535776.0315 100534744.7
NEXANS ITALIA SP 3636695Z IM -19973174.81 139448244.4
OLCESE SPA O IM -12846689.89 179691572.8
OLCESE SPA-RTS OAA IM -12846689.89 179691572.8
OLCESE VENEZIANO OLVE IM -12846689.89 179691572.8
OMNIA SERVICE CE 3401139Z IM -9159816.788 165737571.5
PARMALAT FINANZI FICN AV -18419396969 4120687886
PARMALAT FINANZI PMLFF US -18419396969 4120687886
PARMALAT FINANZI PRF IM -18419396969 4120687886
PARMALAT FINANZI PAF GR -18419396969 4120687886
PARMALAT FINANZI PRFI VX -18419396969 4120687886
PARMALAT FINANZI PMT LI -18419396969 4120687886
PARMALAT FINANZI PARAF US -18419396969 4120687886
PARMALAT FINA-RT PRFR AV -18419396969 4120687886
PRAMAC SPA PRAM IX -87225647.28 314935866.6
PRAMAC SPA PRA IM -87225647.28 314935866.6
PRAMAC SPA PRA2 EU -87225647.28 314935866.6
PRAMAC SPA 6PA GR -87225647.28 314935866.6
PRAMAC SPA PRAM PZ -87225647.28 314935866.6
PRAMAC SPA PRA2 EO -87225647.28 314935866.6
RISANAMEN-RNC OP RNROPA IM -182584482.9 2453594767
RISANAMENTO -OPA RNOPA IM -182584482.9 2453594767
RISANAMENTO -RNC RNR IM -182584482.9 2453594767
RISANAMENTO SPA RN PZ -182584482.9 2453594767
RISANAMENTO SPA RNGBX EO -182584482.9 2453594767
RISANAMENTO SPA RN IX -182584482.9 2453594767
RISANAMENTO SPA RN EO -182584482.9 2453594767
RISANAMENTO SPA RNGBX EU -182584482.9 2453594767
RISANAMENTO SPA RSMNF US -182584482.9 2453594767
RISANAMENTO SPA RN EU -182584482.9 2453594767
RISANAMENTO SPA RN TQ -182584482.9 2453594767
RISANAMENTO SPA RN BQ -182584482.9 2453594767
RISANAMENTO SPA RN IM -182584482.9 2453594767
RISANAMENTO SPA RN5 GR -182584482.9 2453594767
RISANAMENTO SPA RNGBP EO -182584482.9 2453594767
RISANAMENTO-RTS RNAA IM -182584482.9 2453594767
RISANAMENTO-RTS RNAXA IM -182584482.9 2453594767
RISANAMENTO-RTS RNAXO IM -182584482.9 2453594767
SEAT PAGINE PG1 EB -741904802.3 3755632231
SEAT PAGINE SP7A GR -741904802.3 3755632231
SEAT PAGINE PG1 NQ -741904802.3 3755632231
SEAT PAGINE SP7 GR -741904802.3 3755632231
SEAT PAGINE PG PZ -741904802.3 3755632231
SEAT PAGINE PG1USD EU -741904802.3 3755632231
SEAT PAGINE PG1 QM -741904802.3 3755632231
SEAT PAGINE SEEA LN -741904802.3 3755632231
SEAT PAGINE PG IM -741904802.3 3755632231
SEAT PAGINE 283147Q IM -741904802.3 3755632231
SEAT PAGINE PG VX -741904802.3 3755632231
SEAT PAGINE PGI1 IX -741904802.3 3755632231
SEAT PAGINE SPGMF US -741904802.3 3755632231
SEAT PAGINE PG BQ -741904802.3 3755632231
SEAT PAGINE PG1 NR -741904802.3 3755632231
SEAT PAGINE PG1USD EO -741904802.3 3755632231
SEAT PAGINE PG1GBX EO -741904802.3 3755632231
SEAT PAGINE PG1 TQ -741904802.3 3755632231
SEAT PAGINE PG1GBP EO -741904802.3 3755632231
SEAT PAGINE PG1 EO -741904802.3 3755632231
SEAT PAGINE PG1 EU -741904802.3 3755632231
SEAT PAGINE-ADR SPGMY US -741904802.3 3755632231
SEAT PAGINE-RSP SPGBF US -741904802.3 3755632231
SEAT PAGINE-RSP PGR EO -741904802.3 3755632231
SEAT PAGINE-RSP PGR EU -741904802.3 3755632231
SEAT PAGINE-RSP PGR IX -741904802.3 3755632231
SEAT PAGINE-RSP PGR IM -741904802.3 3755632231
SEAT PAGINE-RSP PGR PZ -741904802.3 3755632231
SEATPG AXA PGAXA IM -741904802.3 3755632231
SNIA BPD SN GR -141933895.2 150445252.4
SNIA BPD-ADR SBPDY US -141933895.2 150445252.4
SNIA SPA SSMLF US -141933895.2 150445252.4
SNIA SPA SIAI IX -141933895.2 150445252.4
SNIA SPA SIAI PZ -141933895.2 150445252.4
SNIA SPA SN EO -141933895.2 150445252.4
SNIA SPA SN IM -141933895.2 150445252.4
SNIA SPA SN EU -141933895.2 150445252.4
SNIA SPA SNIB GR -141933895.2 150445252.4
SNIA SPA SNIXF US -141933895.2 150445252.4
SNIA SPA SBPDF US -141933895.2 150445252.4
SNIA SPA SN TQ -141933895.2 150445252.4
SNIA SPA SNIA GR -141933895.2 150445252.4
SNIA SPA - RTS SNAAW IM -141933895.2 150445252.4
SNIA SPA- RTS SNAXW IM -141933895.2 150445252.4
SNIA SPA-2003 SH SN03 IM -141933895.2 150445252.4
SNIA SPA-CONV SA SPBDF US -141933895.2 150445252.4
SNIA SPA-DRC SNR00 IM -141933895.2 150445252.4
SNIA SPA-NEW SN00 IM -141933895.2 150445252.4
SNIA SPA-NON CON SPBNF US -141933895.2 150445252.4
SNIA SPA-RCV SNR IM -141933895.2 150445252.4
SNIA SPA-RCV SNIVF US -141933895.2 150445252.4
SNIA SPA-RIGHTS SNAW IM -141933895.2 150445252.4
SNIA SPA-RNC SNRNC IM -141933895.2 150445252.4
SNIA SPA-RNC SNIWF US -141933895.2 150445252.4
SNIA SPA-RTS SNAA IM -141933895.2 150445252.4
SNIA SPA-RTS SNSO IM -141933895.2 150445252.4
SOPAF SPA SPF TQ -24220971.66 153763906.2
SOPAF SPA SPF EU -24220971.66 153763906.2
SOPAF SPA SPF IM -24220971.66 153763906.2
SOPAF SPA SOPAF US -24220971.66 153763906.2
SOPAF SPA SPF PZ -24220971.66 153763906.2
SOPAF SPA SPF BQ -24220971.66 153763906.2
SOPAF SPA SPF QM -24220971.66 153763906.2
SOPAF SPA SPF EB -24220971.66 153763906.2
SOPAF SPA SOCAF US -24220971.66 153763906.2
SOPAF SPA SPF EO -24220971.66 153763906.2
SOPAF SPA SSZ HK Equity -24220971.66 153763906.2
SOPAF SPA SPFI IX -24220971.66 153763906.2
SOPAF SPA-NEW 97 SPF97 IM -24220971.66 153763906.2
SOPAF SPA-RNC SPFN IM -24220971.66 153763906.2
SOPAF SPA-RNC SOPCF US -24220971.66 153763906.2
SOPAF SPA-RT SPFOB IM -24220971.66 153763906.2
TECNODIFF ITALIA TDIFF US -89894162.82 152045757.5
TECNODIFF ITALIA TDI NM -89894162.82 152045757.5
TECNODIFF ITALIA TEF GR -89894162.82 152045757.5
TECNODIFF ITALIA TDI IM -89894162.82 152045757.5
TECNODIFF-RTS TDIAOW NM -89894162.82 152045757.5
TECNODIFFUSIONE TDIAAW IM -89894162.82 152045757.5
TISCALI - RTS TISAAW IM -167327246 362728538.3
TISCALI - RTS TIQA GR -167327246 362728538.3
TISCALI SPA TIS TQ -167327246 362728538.3
TISCALI SPA TIS VX -167327246 362728538.3
TISCALI SPA TISGBX EO -167327246 362728538.3
TISCALI SPA TIS EO -167327246 362728538.3
TISCALI SPA TIS EU -167327246 362728538.3
TISCALI SPA TISN FP -167327246 362728538.3
TISCALI SPA TISGBP EO -167327246 362728538.3
TISCALI SPA TIS IX -167327246 362728538.3
TISCALI SPA TIQG IX -167327246 362728538.3
TISCALI SPA TISN IX -167327246 362728538.3
TISCALI SPA TIS EB -167327246 362728538.3
TISCALI SPA TIS FP -167327246 362728538.3
TISCALI SPA TIS IM -167327246 362728538.3
TISCALI SPA TISN VX -167327246 362728538.3
TISCALI SPA TISN IM -167327246 362728538.3
TISCALI SPA TIS NA -167327246 362728538.3
TISCALI SPA TISM IX -167327246 362728538.3
TISCALI SPA TSCXF US -167327246 362728538.3
TISCALI SPA TISGBX EU -167327246 362728538.3
TISCALI SPA TIQ1 GR -167327246 362728538.3
TISCALI SPA TISN NA -167327246 362728538.3
TISCALI SPA TIS QM -167327246 362728538.3
TISCALI SPA TIS NQ -167327246 362728538.3
TISCALI SPA TIS NR -167327246 362728538.3
TISCALI SPA TIS PZ -167327246 362728538.3
TISCALI SPA TIS BQ -167327246 362728538.3
TISCALI SPA TIQ GR -167327246 362728538.3
TISCALI SPA- RTS 3391621Q GR -167327246 362728538.3
TISCALI SPA- RTS TISAXA IM -167327246 362728538.3
VIA CAVOUR SRL 3997892Z IM -2002622.441 173628397.1
JERSEY
------
REAL ESTATE OP-O REO PZ -1109604236 1668437669
REAL ESTATE OP-O REO EU -1109604236 1668437669
REAL ESTATE OP-O REO ID -1109604236 1668437669
REAL ESTATE OP-O REO IX -1109604236 1668437669
REAL ESTATE OP-O REO EO -1109604236 1668437669
REAL ESTATE OP-O REA GR -1109604236 1668437669
REAL ESTATE OP-O REOGBP EO -1109604236 1668437669
REAL ESTATE OP-O REO VX -1109604236 1668437669
REAL ESTATE OP-O REO LN -1109604236 1668437669
LUXEMBOURG
----------
CARRIER1 INT-AD+ CONE ES -94729000 472360992
CARRIER1 INT-ADR CONEE US -94729000 472360992
CARRIER1 INT-ADR CONEQ US -94729000 472360992
CARRIER1 INTL CJN NM -94729000 472360992
CARRIER1 INTL CJNA GR -94729000 472360992
CARRIER1 INTL 8133893Q GR -94729000 472360992
CARRIER1 INTL SA 1253Z SW -94729000 472360992
CARRIER1 INTL SA CONEF US -94729000 472360992
INTELSAT GLOBAL 0440101D US -1168589952 17400967168
INTELSAT GLOBAL I US -1168589952 17400967168
INTELSAT INVESTM ILMA GR -1199357056 17465319424
INTELSAT SA 2237Z US -1199357056 17465319424
NETHERLANDS
-----------
ALFRED C TOEPFER 4062117Z NA -1843317.436 1689194175
ASITO DIENSTENGR 743813Z NA -2494804.851 220704023.7
AVAST SOFTWARE B 0112793D US -15842000 132342000
AVAST SOFTWARE N AVST US -15842000 132342000
AVG TECHNOLOGIES 0119253D US -52030000 377521984
AVG TECHNOLOGIES 3164852Z NA -52030000 377521984
AVG TECHNOLOGIES AVG US -52030000 377521984
AVG TECHNOLOGIES 1VA GR -52030000 377521984
BAAN CO NV-ASSEN BAANA NA -7854715.264 609871188.9
BAAN COMPANY NV BAAN NA -7854715.264 609871188.9
BAAN COMPANY NV BAAN IX -7854715.264 609871188.9
BAAN COMPANY NV BAAN EO -7854715.264 609871188.9
BAAN COMPANY NV BAAN PZ -7854715.264 609871188.9
BAAN COMPANY NV BAAN GR -7854715.264 609871188.9
BAAN COMPANY NV BNCG IX -7854715.264 609871188.9
BAAN COMPANY NV BAAVF US -7854715.264 609871188.9
BAAN COMPANY NV BAAN EU -7854715.264 609871188.9
BAAN COMPANY-NY BAANF US -7854715.264 609871188.9
BELEGGINGSMAATSC 801105Z NA -5070657.703 350267370.9
CENTRIC HOLDING 745383Z NA -72753.24225 363069870.7
CEVA LOGISTICS 882197Z NA -538665968.2 5318491121
CLATES HOLDING B 4043429Z NA -34881.25205 221495950.5
COOPERATIE VOEDI 4378105Z NA -216576.9882 680962157.8
EATON ELECTRIC B 2017671Z NA -1841730.108 130591221.9
EUROCOMMERCE HOL 4174085Z NA -1476.315022 1442058655
EUROPEAN MARITIM 4523543Z NA -34803118.05 347300069.4
FERDINAND STINGE 4040837Z NA -197826.2129 1420319834
HE INVESTMENTS B 3813216Z NA -1780665.857 195483088
HUISVUILCENTRALE 4777713Z NA -87789.23965 1412526184
IEOC EXPLORATION 4523879Z NA -3196000 112429000
INFOR GLOBAL SOL 4778481Z NA -332427172.9 500602423.6
ING RE DORTMUND/ 3819456Z NA -91900157.49 142290450.1
ING REIM DEVELOP 3811140Z NA -231041485.9 383323356.5
KONINKLIJKE HASK 4037221Z NA -69259.20141 230145390.9
KUIPER GROEP BV 3821988Z NA -3688.420875 101931401.5
LIBERTY GL EU-A UPC NA -5505478850 5112616630
LINO MANAGEMENT 3774416Z NA -330305248.1 752471513.7
MAAS INTERNATION 4174109Z NA -104625.6021 163961580.9
MAGYAR TELECOM B 363945Z HB -9411153.408 462039674.5
MITSUBISHI MOTOR 3893974Z NA -236634746.2 588105612.9
MSREF ELBA BV 4043045Z NA -89889.60183 584994172.5
MSREF VI KAIROS 4174205Z NA -38313.60078 893956511
NIDERA HANDELSCO 3893886Z NA -1347999.991 2303695933
NORFOLK HOLDINGS 779151Z NA -199512.5928 813430683.8
RIVA NV 3797916Z NA -852952.1165 111411542.1
SGS NEDERLAND HO 3896746Z NA -742586.4558 148207265
SITA NEDERLAND B 874216Z NA -312079.8969 2324948031
UNITED PAN -ADR UPEA GR -5505478850 5112616630
UNITED PAN-A ADR UPCOY US -5505478850 5112616630
UNITED PAN-EUR-A UPC LN -5505478850 5112616630
UNITED PAN-EUR-A UPC LI -5505478850 5112616630
UNITED PAN-EUROP UPC VX -5505478850 5112616630
UNITED PAN-EUROP UPCOF US -5505478850 5112616630
UNITED PAN-EUROP UPCEF US -5505478850 5112616630
UNITED PAN-EUROP UPE1 GR -5505478850 5112616630
UPC HOLDING BV 3590264Z NA -12602392978 14238054163
VAN WEELDE BEHEE 4038885Z NA -165002.3062 161800258.3
VOLKERWESSELS BO 4062101Z NA -17683.20036 191596002.3
VWS TRANSPORTINF 4377249Z NA -88578.90129 442019063.5
VWS VERKEER-EN I 4777577Z NA -125486.7768 799874848.4
WE INTERNATIONAL 630199Z NA -1220350.163 1011026941
ZINVEST FASHION 3775412Z NA -296559.4047 180677208
ZWINGER OPCO 6 B 3821644Z NA -106543158.2 627759193.8
NORWAY
------
AFRICA OFFSHORE AOSA NO -280249984 357512992
AKER BIOMARINE A 4508947Z NO -97401201.46 100855655.1
AKER BUSINESS SE 4400969Z NO -1678208.862 125911965.2
AKER ELEKTRO AS 4389353Z NO -35218317.7 134077911.8
AKER FLOATING PR AKFP BY -16100000 765200000
AKER FLOATING PR AKFP EO -16100000 765200000
AKER FLOATING PR AKFP PZ -16100000 765200000
AKER FLOATING PR AKFP EU -16100000 765200000
AKER FLOATING PR AKFP NO -16100000 765200000
AKER FLOATING PR AKNO IX -16100000 765200000
AKER FLOATING PR AKFPEUR EU -16100000 765200000
AKER FLOATING PR AKFPEUR EO -16100000 765200000
AKER STORD A/S 4498875Z NO -244831512.6 379117306.4
BAKERS AS 4527631Z NO -2100773.812 130412660.1
BKK VARME AS 4445833Z NO -4191315.792 139898061.1
CARGONET 81784Z NO -73487095.94 128859900.5
CIA LA GOMERA AS 4401057Z NO -14188999.46 111542577.2
GJENSIDIGE PENSJ 4447089Z NO -211457.8665 1156109660
HEEGH AUTOLINERS 4389209Z NO -13894016.15 253537334.9
HELI-ONE NORWAY 4632761Z NO -27084593.22 759455442.9
ICA NORGE AS 4511499Z NO -132832574.9 702347848.8
INFRATEK ENTREPR 4402489Z NO -33504101.18 160698348.1
INTEROIL EXPLORA IOX NO -21010000 139828992
INTEROIL EXPLORA IOX EO -21010000 139828992
INTEROIL EXPLORA IOX PZ -21010000 139828992
INTEROIL EXPLORA IOX BY -21010000 139828992
INTEROIL EXPLORA INOX NO -21010000 139828992
INTEROIL EXPLORA IOXEUR EU -21010000 139828992
INTEROIL EXPLORA IOX IX -21010000 139828992
INTEROIL EXPLORA IOXUSD EU -21010000 139828992
INTEROIL EXPLORA IROIF US -21010000 139828992
INTEROIL EXPLORA IOX EU -21010000 139828992
INTEROIL EXPLORA IOXEUR EO -21010000 139828992
INTEROIL EXPLORA IOXUSD EO -21010000 139828992
INTEROIL EXPLORA IOX SS -21010000 139828992
MAN LAST OG BUSS 4521719Z NO -5830520.283 123349772.5
MARINE SUBSEA AS MSAS NO -280249984 357512992
NCC CONSTRUCTION 4389745Z NO -11284745.3 292548511.4
NCC ROADS AS 4401305Z NO -11149611.36 135425117.2
NORSK STEIN AS 4394889Z NO -697875.9235 232219055.8
PETRO GEO-SERV PGS GR -18066142.21 399710323.6
PETRO GEO-SERV PGS VX -18066142.21 399710323.6
PETRO GEO-SERV 265143Q NO -18066142.21 399710323.6
PETRO GEO-SERV-N PGSN NO -18066142.21 399710323.6
PETRO GEO-SV-ADR PGSA GR -18066142.21 399710323.6
PETRO GEO-SV-ADR PGOGY US -18066142.21 399710323.6
PETROJACK AS JACKEUR EO -54932000 191586000
PETROJACK AS JACKEUR EU -54932000 191586000
PETROJACK AS P3J GR -54932000 191586000
PETROJACK AS JACK EU -54932000 191586000
PETROJACK AS JACO IX -54932000 191586000
PETROJACK AS JACK NO -54932000 191586000
PETROJACK AS JACK PZ -54932000 191586000
PETROJACK AS POJKF US -54932000 191586000
PETROJACK AS JACK EO -54932000 191586000
PETROJACK AS JACK BY -54932000 191586000
PETROMENA AS PMENA PZ -47299000 317747008
PETROMENA AS PMENAEUR EU -47299000 317747008
PETROMENA AS PMENA NO -47299000 317747008
PETROMENA AS PMENAEUR EO -47299000 317747008
PETROMENA AS PMEN IX -47299000 317747008
PETROMENA AS PMENA EO -47299000 317747008
PETROMENA AS MENA NO -47299000 317747008
PETROMENA AS PR2 GR -47299000 317747008
PETROMENA AS PMENA EU -47299000 317747008
PETROMENA AS PMENF US -47299000 317747008
PRATT & WHITNEY 4524487Z NO -5820126.04 104689675.3
REC SCANCELL AS 4446473Z NO -8437038.946 138751607.3
STOREBRAND EIEND 4443409Z NO -40898583.73 1242265455
STOREBRAND EIEND 4288341Z NO -174025923.7 4173823457
TDC AS 4287413Z NO -83055192.99 129421953.7
THOMSON REUTERS 4777193Z NO -2001541.28 208880572.6
TJUVHOLMEN UTVIK 4446353Z NO -682369.4664 117274938.8
TRICO SHIPPING A 3651167Z NO -132576808.1 504945402.2
TTS SENSE AS 4393841Z NO -4559687.797 162046219.9
UTKILEN SHIPPING 4446161Z NO -74871.02647 185813483
VNG NORGE AS 4513147Z NO -54874780.65 162557987.4
POLAND
------
ANIMEX SA ANX PW -556805.8579 108090511.9
DSS DSS PW -75172532.87 162767180.1
DSS DSS EU -75172532.87 162767180.1
DSS DSS EO -75172532.87 162767180.1
DSS-PDA DSSA PW -75172532.87 162767180.1
HBPOLSKA HBWL PZ -101164415.5 294857246.9
HBPOLSKA HBPEUR EU -101164415.5 294857246.9
HBPOLSKA HBP EU -101164415.5 294857246.9
HBPOLSKA HBPEUR EO -101164415.5 294857246.9
HBPOLSKA HBW PW -101164415.5 294857246.9
HBPOLSKA HBP LI -101164415.5 294857246.9
HBPOLSKA HBP PW -101164415.5 294857246.9
HBPOLSKA HBP EO -101164415.5 294857246.9
HBPOLSKA-PD-ALLT HBPA PW -101164415.5 294857246.9
KROSNO KRS LI -2241614.766 111838141.2
KROSNO KRS PW -2241614.766 111838141.2
KROSNO KRS1EUR EU -2241614.766 111838141.2
KROSNO KROS IX -2241614.766 111838141.2
KROSNO KRS1EUR EO -2241614.766 111838141.2
KROSNO SA KROSNO PW -2241614.766 111838141.2
KROSNO SA KRS1 EO -2241614.766 111838141.2
KROSNO SA KRS1 EU -2241614.766 111838141.2
KROSNO SA KRS PZ -2241614.766 111838141.2
KROSNO SA KRNFF US -2241614.766 111838141.2
KROSNO SA-RTS KRSP PW -2241614.766 111838141.2
KROSNO-PDA-ALLT KRSA PW -2241614.766 111838141.2
TOORA TOR PZ -288818.3897 147004954.2
TOORA 2916661Q EO -288818.3897 147004954.2
TOORA 2916665Q EU -288818.3897 147004954.2
TOORA TOR PW -288818.3897 147004954.2
TOORA-ALLOT CERT TORA PW -288818.3897 147004954.2
PORTUGAL
--------
ALBERTO MARTINS 4488947Z PL -25419983.42 123491252.1
ALUGUER DE VEICU 4773793Z PL -15934394.29 177189066.9
BRISAL AUTO-ESTR 3645215Z PL -47450724.24 654534402.7
CENTRO HOSPITALA 3778196Z PL -63194407.2 123417394.8
CO DAS ENERGIAS 3794880Z PL -2540034.474 115717930.4
CP - COMBOIOS DE 1005Z PL -3578303482 1640305326
ESTALEIROS NAVAI 4507307Z PL -160990302.6 168996814.5
FORD LUSITANA SA 3648983Z PL -7991062.856 135557902.7
HOSPITAL DE FARO 3789880Z PL -18565498.19 440770232
HOSPITAL DO DIVI 3789932Z PL -75359384.99 205468575.8
HOSPITAL GARCIA 3773160Z PL -48058398.4 155137981.5
HP HEALTH CLUBS 3777952Z PL -4243987.43 133613465.6
LOCACAO DE EQUIP 4772329Z PL -1031872.211 425561447.8
METRO DO PORTO 4473963Z PL -1539365046 3027538897
PORTUGALIA 1008Z PL -6844075.929 199376769
RADIO E TELEVISA 1227Z PL -740710264.5 506160206.4
REFER EP 1250Z PL -1883502408 1735947433
REN TRADING SA 4167785Z PL -2316007.028 231656542.3
SERVICO DE SAUDE 3790200Z PL -142612999.3 625059071.4
SOCIEDADE DE TRA 1253Z PL -368574770.4 153373893.3
SPORTING CLUBE D SCPX PX Equit -43017532.72 246527336.3
SPORTING CLUBE D SCDF EU -43017532.72 246527336.3
SPORTING CLUBE D SCG GR -43017532.72 246527336.3
SPORTING CLUBE D SCDF EO -43017532.72 246527336.3
SPORTING CLUBE D SCP1 PZ -43017532.72 246527336.3
SPORTING CLUBE D SCP PL -43017532.72 246527336.3
SPORTING-SOC DES SCDF PL -43017532.72 246527336.3
SPORTING-SOC DES SCPL IX -43017532.72 246527336.3
SPORTING-SOC-RTS SCPVS PL -43017532.72 246527336.3
SPORTING-SOC-RTS SCPDS PL -43017532.72 246527336.3
TAP SGPS TAP PL -353957017.4 2789331398
TRANSGAS SA 3794668Z PL -2181404.695 158648841.9
VALE DO LOBO - R 4764257Z PL -43960329.17 466811617.2
ROMANIA
-------
ARCELORMITTAL PTRO RO -61080024.91 178667412.9
OLTCHIM RM VALCE OLTCF US -36885412.47 586251335.6
OLTCHIM SA RM VA OLT EO -36885412.47 586251335.6
OLTCHIM SA RM VA OLTEUR EU -36885412.47 586251335.6
OLTCHIM SA RM VA OLTEUR EO -36885412.47 586251335.6
OLTCHIM SA RM VA OLT EU -36885412.47 586251335.6
OLTCHIM SA RM VA OLT PZ -36885412.47 586251335.6
OLTCHIM SA RM VA OLT RO -36885412.47 586251335.6
RUSSIA
------
AKCIONERNOE-BRD SOVP$ RU -3777004.385 408412400.2
ALLIANCE RUSSIAN ALRT RU -15214295.76 144582050.8
AMO ZIL-CLS ZILLG RU -305861298.1 461943061.3
AMO ZIL-CLS ZILL* RU -305861298.1 461943061.3
AMO ZIL-CLS ZILL RU -305861298.1 461943061.3
AMO ZIL-CLS ZILL RM -305861298.1 461943061.3
AMTEL-POVOLZ-BRD KIRT* RU -936614.5492 142093264.3
AMTEL-POVOLZ-BRD KIRT RU -936614.5492 142093264.3
BALTIYSKY-$BRD BALZ RU -20907794.77 382497299.9
BALTIYSKY-$BRD BALZ* RU -20907794.77 382497299.9
BALTIYSKY-BRD BALZ$ RU -20907794.77 382497299.9
BUMMASH OJSC-BRD BUMM RU -44749637.35 160609608.1
BUMMASH OJSC-BRD BUMM* RU -44749637.35 160609608.1
CHELPIPE JSC CHEP RU -307706501.4 3817658407
CHELPIPE JSC CHEP RM -307706501.4 3817658407
CHELPIPE JSC CHEP* RU -307706501.4 3817658407
CHELPIPE JSC CHEPG RU -307706501.4 3817658407
CHELYAB-GDR 144A 8163533Z LI -307706501.4 3817658407
CHELYAB--GDR REG 8135827Z LI -307706501.4 3817658407
CHELYAB--GDR W/I 1CFA GR -307706501.4 3817658407
CHELYAB--GDR W/I CHEP LI -307706501.4 3817658407
CHELYABINSK PIPE CHEP$ RU -307706501.4 3817658407
CRYOGENMASH-BRD KRGM* RU -124544745.1 207128408.6
CRYOGENMASH-BRD KRGM RU -124544745.1 207128408.6
CRYOGENMASH-PFD KRGMP RU -124544745.1 207128408.6
CRYOGENMASH-PFD KRGMP* RU -124544745.1 207128408.6
DAGESTAN ENERGY DASBG RU -29561959.6 232757864.4
DAGESTAN ENERGY DASB* RU -29561959.6 232757864.4
DAGESTAN ENERGY DASB RM -29561959.6 232757864.4
DAGESTAN ENERGY DASB RU -29561959.6 232757864.4
EAST-SIBERIA-BRD VSNK* RU -92283895.48 299864149.8
EAST-SIBERIA-BRD VSNK RU -92283895.48 299864149.8
EAST-SIBERIAN-BD VSNK$ RU -92283895.48 299864149.8
FINANCIAL LEASIN FLKO* RU -190902972.2 249901772.8
FINANCIAL LEASIN FLKO RU -190902972.2 249901772.8
FINANCIAL LEASIN FLKO RM -190902972.2 249901772.8
FINANCIAL LEASIN 137282Z RU -190902972.2 249901772.8
GAZ GZAPF US -292369069.3 1799241026
GAZ GAZA$ RU -292369069.3 1799241026
GAZ-CLS GAZA RM -292369069.3 1799241026
GAZ-CLS GAZA* RU -292369069.3 1799241026
GAZ-CLS GAZA RU -292369069.3 1799241026
GAZ-CLS GAZAG RU -292369069.3 1799241026
GAZ-PFD GAZAP* RU -292369069.3 1799241026
GAZ-PFD GAZAPG RU -292369069.3 1799241026
GAZ-PFD GAZAP RM -292369069.3 1799241026
GAZ-PFD GAZAPG$ RU -292369069.3 1799241026
GAZ-PFD GAZAP RU -292369069.3 1799241026
GAZ-PREF GAZAP$ RU -292369069.3 1799241026
GAZ-US$ GTS GAZAG$ RU -292369069.3 1799241026
GRAZHDANSKIE SAM GSSU RU -152610999.2 1609476948
GUKOVUGOL GUUG RU -57835249.92 143665227.2
GUKOVUGOL GUUG* RU -57835249.92 143665227.2
GUKOVUGOL-PFD GUUGP* RU -57835249.92 143665227.2
GUKOVUGOL-PFD GUUGP RU -57835249.92 143665227.2
GURIEVSKY-BRD GUMZ RU -7147215.563 190801547.3
GURIEVSKY-BRD GUMZ* RU -7147215.563 190801547.3
HALS-DEVEL- GDR 86PN LI -588515964.6 1446111954
HALS-DEVEL- GDR 86PN LN -588515964.6 1446111954
HALS-DEVELOPMENT HALS RM -588515964.6 1446111954
HALS-DEVELOPMENT HALSM RU -588515964.6 1446111954
HALS-DEVELOPMENT HALS LI -588515964.6 1446111954
HALS-DEVELOPMENT HALSG RU -588515964.6 1446111954
HALS-DEVELOPMENT HALS TQ -588515964.6 1446111954
HALS-DEVELOPMENT SYR GR -588515964.6 1446111954
HALS-DEVELOPMENT HALS* RU -588515964.6 1446111954
HALS-DEVELOPMENT HALS RU -588515964.6 1446111954
IZHAVTO OAO IZAV RU -94100833.99 443610329.4
KIROV TIRE PLANT KIRT$ RU -936614.5492 142093264.3
M-INDUSTRIYA SOMI RU -1304109.982 267288804.8
MOSPROMSTROY-BRD MPSM* RU -15526364.63 270701638
MOSPROMSTROY-BRD MPSM RU -15526364.63 270701638
MOSPROMSTROY-PFD MPSMP* RU -15526364.63 270701638
MOSPROMSTROY-PFD MPSMP RU -15526364.63 270701638
NIZHEGORODSK-BRD NASO* RU -925605.4667 537182246.1
NIZHEGORODSK-BRD NASO RU -925605.4667 537182246.1
NIZHEGORODSKI-B NASO$ RU -925605.4667 537182246.1
NIZHEGORODS-P B$ NASOP$ RU -925605.4667 537182246.1
NIZHEGORODS-PFD NASOP RU -925605.4667 537182246.1
NIZHEGORODS-PFD NASOP* RU -925605.4667 537182246.1
NIZHMASHZAVO-BRD NMSZ* RU -36667081.23 323938091.2
NIZHMASHZAVO-BRD NMSZ RU -36667081.23 323938091.2
NIZHMASHZAVOD-BD NMSZ$ RU -36667081.23 323938091.2
NIZHMASHZAVO-PFD NMSZP RU -36667081.23 323938091.2
NIZHMASHZAVO-PFD NMSZP* RU -36667081.23 323938091.2
NOVOSIBIRSK-BRD NVMZ RU -3734071.034 152583538.5
NOVOSIBIRSK-BRD NVMZ* RU -3734071.034 152583538.5
NOVOSIBIRSK-BRD NVMZ$ RU -3734071.034 152583538.5
OAO AMURMETALL AMMT RU -808724.9033 847661954.7
PENOPLEX-FINANS PNPF RU -839659.3715 147052027.7
PIK GROUP PIKK* RU -22928288.83 4135566932
PIK GROUP PIKKG RU -22928288.83 4135566932
PIK GROUP PIKK RM -22928288.83 4135566932
PIK GROUP PIKK RU -22928288.83 4135566932
PIK GROUP-GDR PIK EB -22928288.83 4135566932
PIK GROUP-GDR PIK EU -22928288.83 4135566932
PIK GROUP-GDR PIK TQ -22928288.83 4135566932
PIK GROUP-GDR PIK IX -22928288.83 4135566932
PIK GROUP-GDR PIK1 EO -22928288.83 4135566932
PIK GROUP-GDR PIK LI -22928288.83 4135566932
PIK GROUP-GDR PKGPL US -22928288.83 4135566932
PIK GROUP-GDR PIQ2 GR -22928288.83 4135566932
PIK GROUP-GDR PIK1 QM -22928288.83 4135566932
PROMTRACTOR-FINA PTRF RU -36499379.79 250671811.3
RUSPETRO OOO 0090464D LN -40737000 522576000
RUSPETRO PLC RPO QM -40737000 522576000
RUSPETRO PLC RPO NR -40737000 522576000
RUSPETRO PLC RPO EB -40737000 522576000
RUSPETRO PLC RPO TQ -40737000 522576000
RUSPETRO PLC RPO S1 -40737000 522576000
RUSPETRO PLC RPO EO -40737000 522576000
RUSPETRO PLC RPO EU -40737000 522576000
RUSPETRO PLC RPO LN -40737000 522576000
RUSPETRO PLC RPO BQ -40737000 522576000
RUSPETRO PLC RUSPF US -40737000 522576000
RUSPETRO PLC 7RP GR -40737000 522576000
RUSPETRO PLC RPO IX -40737000 522576000
RUSPETROL OOO 5316091Z RU -40737000 522576000
RUSSIAN TEXT-CLS ALRTG RU -15214295.76 144582050.8
RUSSIAN TEXT-CLS ALRT* RU -15214295.76 144582050.8
SEVERNAYA KAZNA SVKB RU -65841686.21 279147750
SEVERNAYA KAZNA SVKB* RU -65841686.21 279147750
SISTEMA HALS-GDR HALS IX -588515964.6 1446111954
SISTEMA-GDR 144A SEMAL US -588515964.6 1446111954
VAGONMASH JSC VAGM RU -6605021.709 112362549.3
VIMPEL SHIP-BRD SOVP* RU -3777004.385 408412400.2
VIMPEL SHIP-BRD SOVP RU -3777004.385 408412400.2
VOLGOGRAD KHIM VHIM RU -78745199.18 151620945.8
VOLGOGRAD KHIM VHIM* RU -78745199.18 151620945.8
VOLGOGRAD-BRD VGSZ RU -3980861.356 103387624.5
VOLGOGRAD-BRD VGSZ* RU -3980861.356 103387624.5
VYBORG SHIPY VSYD RM -4280194.283 115424615.3
VYBORG SHIPYARD VSYDP RM -4280194.283 115424615.3
VYBORG SHIPY-BRD VSSZ* RU -4280194.283 115424615.3
VYBORG SHIPY-BRD VSSZ RU -4280194.283 115424615.3
VYBORG SHIPY-CLS VSYD RU -4280194.283 115424615.3
VYBORG SHIPY-CLS VSYDP RU -4280194.283 115424615.3
VYBORG SHIPY-PFD VSSZP RU -4280194.283 115424615.3
VYBORG SHIPY-PFD VSSZP* RU -4280194.283 115424615.3
ZERNOVAYA KOMPAN ONAST RU -37627545.39 556944371.9
ZIL AUTO PLANT ZILL$ RU -305861298.1 461943061.3
ZIL AUTO PLANT-P ZILLP RU -305861298.1 461943061.3
ZIL AUTO PLANT-P ZILLP* RU -305861298.1 461943061.3
ZIL AUTO PLANT-P ZILLP RM -305861298.1 461943061.3
SLOVENIA
--------
ALPOS DD APOG SV -67352301.16 175199045.1
ALPOS DD APOG EU -67352301.16 175199045.1
ALPOS DD APOG EO -67352301.16 175199045.1
ALPOS DD APOG PZ -67352301.16 175199045.1
ZVON ENA HOLDING ZVHR PZ -304042298.7 774906694.2
ZVON ENA HOLDING ZVHR SV -304042298.7 774906694.2
ZVON ENA HOLDING ZVHR EO -304042298.7 774906694.2
ZVON ENA HOLDING ZVHR EU -304042298.7 774906694.2
SPAIN
-----
ACCOR HOTELES ES 4469903Z SM -9411283.082 167434224.6
ACTUACIONES ACTI AGR SM -102380293.1 427580628.2
AGRUPACIO - RT AGR/D SM -102380293.1 427580628.2
AIRBUS MILITARY 4456697Z SM -45606160.88 2811515603
ALSTOM WIND SLU 1009322Z SM -57597211.2 524838434.6
AMCI HABITAT SA AMC3 EO -63136988.27 115854176.8
AMCI HABITAT SA AMC1 EU -63136988.27 115854176.8
AMCI HABITAT SA AMC SM -63136988.27 115854176.8
ATLANTIC COPPER 4512291Z SM -83118965.83 1261645242
AURIGACROWN CAR 3791672Z SM -9696329.512 319009666.2
BASF CONSTRUCTIO 4511259Z SM -190337553 234576320.4
BEGAR CONSTRUCCI 4413073Z SM -154094556.2 215035989.2
BIMBO SA 3632779Z SM -22418992.16 200845624.4
BOUYGUES INMOBIL 3636247Z SM -45767894.33 122822523.9
BRUESA CONSTRUCC 4283093Z SM -19748712.07 423973306.5
CAIXARENTING SA 4500211Z SM -7390432.998 1722091946
CELANESE CHEMICA 3643567Z SM -22600721.15 102177604
CELAYA EMPARANZA 3642467Z SM -19428468.87 176340504.9
CEREP INVESTMENT 3638887Z SM -52616228.8 275537774.5
COPERFIL GROUP 704457Z SM -3700858.975 403826723
DINOSOL SUPERMER 397409Z SM -46517749.44 1134013519
FACTORIA NAVAL D 3748456Z SM -19757690.28 218788440.5
FBEX PROMO INMOB 3745024Z SM -820001.0305 1142937522
FERGO AISA -RTS AISA/D SM -102380293.1 427580628.2
FERGO AISA SA AISA EU -102380293.1 427580628.2
FERGO AISA SA AISA EO -102380293.1 427580628.2
FERGO AISA SA AISA PZ -102380293.1 427580628.2
FERGO AISA SA AISA SM -102380293.1 427580628.2
FMC FORET SA 3642299Z SM -135792007.2 150683418.5
FORMICA SA 3748616Z SM -24873736.89 101430971.6
GALERIAS PRIMERO 3281527Z SM -2731015.072 124875853.4
GE POWER CONTROL 3744144Z SM -25412232.52 973735754.8
GE REAL ESTATE I 2814684Z SM -197396338.8 537048655
GENERAL MOTORS E 4286805Z SM -323089753.8 2783002632
GLENCORE ESPANA 3752336Z SM -17828297.05 238237965.8
HIDROCANTABRICO 4456745Z SM -245397523.6 513745817
HOLCIM HORMIGONE 4376153Z SM -34366354.11 133704111.2
HUNE PLATAFORMAS 4284309Z SM -34729576.87 417379212.5
LA SIRENA ALIMEN 4375737Z SM -80359344.11 223928579
MARTINSA FADESA 4PU GR -4266039390 4958578344
MARTINSA FADESA MTF SM -4266039390 4958578344
MARTINSA FADESA MTF EO -4266039390 4958578344
MARTINSA FADESA MTF EU -4266039390 4958578344
MARTINSA FADESA MFAD PZ -4266039390 4958578344
MARTINSA FADESA MTF1 LI -4266039390 4958578344
MARTINSA-FADESA MTF NR -4266039390 4958578344
NYESA VALORES CO NYE EO -208568793.8 658498551.2
NYESA VALORES CO BESS PZ -208568793.8 658498551.2
NYESA VALORES CO NYE EU -208568793.8 658498551.2
NYESA VALORES CO NYE SM -208568793.8 658498551.2
NYESA VALORES CO NYE TQ -208568793.8 658498551.2
NYESA VALORES CO BES EO -208568793.8 658498551.2
NYESA VALORES CO 7NY GR -208568793.8 658498551.2
NYESA VALORES CO BES SM -208568793.8 658498551.2
NYESA VALORES CO BES EU -208568793.8 658498551.2
NYESA VALORES CO BES TQ -208568793.8 658498551.2
PANRICO SAU 1087Z SM -372238069.5 1219319614
PULLMANTUR SA 301590Z SM -74071248.87 168349823.1
RANDSTAD EMPLEO 4285885Z SM -27469291.1 318454508.5
REAL ZARAGOZA SA 4285533Z SM -5769281.747 168572641.9
RENTA CORP REN1USD EO -40378516.38 216503337.5
RENTA CORP REN SM -40378516.38 216503337.5
RENTA CORP REN1 TQ -40378516.38 216503337.5
RENTA CORP REN1USD EU -40378516.38 216503337.5
RENTA CORP RENS PZ -40378516.38 216503337.5
RENTA CORP REN1 EU -40378516.38 216503337.5
RENTA CORP REN1 EO -40378516.38 216503337.5
RENTA CORP REN1GBX EU -40378516.38 216503337.5
RENTA CORP RTACF US -40378516.38 216503337.5
RENTA CORP REN1GBX EO -40378516.38 216503337.5
RENTA CORP REN1GBP EO -40378516.38 216503337.5
RENTA CORP REAL REN/D SM -40378516.38 216503337.5
RESIDENCIAL MARL 4498347Z SM -8851230.872 106007591.2
REYAL URBIS SA REY1 EU -1160391779 4576859229
REYAL URBIS SA REYU PZ -1160391779 4576859229
REYAL URBIS SA REY SM -1160391779 4576859229
REYAL URBIS SA REY1 IX -1160391779 4576859229
REYAL URBIS SA REY1 EO -1160391779 4576859229
REYAL URBIS SA REY EB -1160391779 4576859229
SA DE SUPERMERCA 4373489Z SM -24370843.85 162576231.9
SEDESA OBRAS Y S 4285693Z SM -33624032.31 180977629
SHELL ESPANA SA 4514247Z SM -62380994.38 292408739.1
SPANAIR 1174Z SM -224915085.6 350111493.1
SUZLON WIND ENER 3809140Z SM -2806837.606 127085865.7
TELEVISION AUTON 3772924Z SM -114641099.5 119139075.3
TROPICAL TURISTI 3639071Z SM -47219485.5 485271194.6
TYCO ELECTRONICS 2335265Z SM -120872225.3 241227566.2
UNITEC UNION TIE 3801344Z SM -23207409.48 131213302.5
URBANIZADORA SEV 4286693Z SM -10314851.8 487333641
VIA OPERADOR PET 4510507Z SM -19240934.52 114265353.9
XFERA MOVILE SA 1236Z SM -93151786.57 1220956633
SWEDEN
------
ATTENDO AB 4452873Z SS -58148252.61 1244996834
KAROLINEN FASTIG 4008644Z SS -906745.1282 122777361.3
NOBINA 1099Z SS -302162.7367 854969434.4
PANAXIA AB PAXA EO -13977223.06 102375741.8
PANAXIA AB PAXAEUR EO -13977223.06 102375741.8
PANAXIA AB PAXA PZ -13977223.06 102375741.8
PANAXIA AB PAXA EU -13977223.06 102375741.8
PANAXIA AB PAXA BY -13977223.06 102375741.8
PANAXIA AB PAXAEUR EU -13977223.06 102375741.8
PANAXIA AB PAXA SS -13977223.06 102375741.8
PANAXIA AB-NEW PAXABT BY -13977223.06 102375741.8
PANAXIA AB-NEW PAXABT SS -13977223.06 102375741.8
PANAXIA AB-RTS PAXATR SS -13977223.06 102375741.8
PANAXIA AB-RTS PAXATR BY -13977223.06 102375741.8
PANAXIA-NEW 8292193Q SS -13977223.06 102375741.8
PANAXIA-RTS 8292189Q SS -13977223.06 102375741.8
SWEDISH MA-RE RT SWMASR SS -267565377.7 2184130566
SWEDISH MAT-ADR 3053566Q US -267565377.7 2184130566
SWEDISH MAT-ADR SWMA GR -267565377.7 2184130566
SWEDISH MATCH SWD LI -267565377.7 2184130566
SWEDISH MATCH AB SWMAUSD EO -267565377.7 2184130566
SWEDISH MATCH AB SWMAF US -267565377.7 2184130566
SWEDISH MATCH AB SWMAGBX EO -267565377.7 2184130566
SWEDISH MATCH AB SWMAEUR EU -267565377.7 2184130566
SWEDISH MATCH AB SWMA BY -267565377.7 2184130566
SWEDISH MATCH AB SWMAGBX EU -267565377.7 2184130566
SWEDISH MATCH AB SWMA NR -267565377.7 2184130566
SWEDISH MATCH AB SWMAUSD EU -267565377.7 2184130566
SWEDISH MATCH AB SWMA IX -267565377.7 2184130566
SWEDISH MATCH AB SWM TH -267565377.7 2184130566
SWEDISH MATCH AB SWMA GK -267565377.7 2184130566
SWEDISH MATCH AB SWMDF US -267565377.7 2184130566
SWEDISH MATCH AB SWMA NQ -267565377.7 2184130566
SWEDISH MATCH AB SWMA SS -267565377.7 2184130566
SWEDISH MATCH AB SWMA TQ -267565377.7 2184130566
SWEDISH MATCH AB SWM GR -267565377.7 2184130566
SWEDISH MATCH AB SWMAEUR EO -267565377.7 2184130566
SWEDISH MATCH AB SWMA EU -267565377.7 2184130566
SWEDISH MATCH AB SWMA EO -267565377.7 2184130566
SWEDISH MATCH AB SWMA QM -267565377.7 2184130566
SWEDISH MATCH AB SWMA EB -267565377.7 2184130566
SWEDISH MATCH AB SWMA PZ -267565377.7 2184130566
SWEDISH MATCH AB SWM VX -267565377.7 2184130566
SWEDISH MATCH AB SWMA S1 -267565377.7 2184130566
SWEDISH MATCH AB SWMA LI -267565377.7 2184130566
SWEDISH MATCH AB SWMAGBP EO -267565377.7 2184130566
SWEDISH MATCH AB SWMA BQ -267565377.7 2184130566
SWEDISH MATCH- B SWMWF US -267565377.7 2184130566
SWEDISH MATCH-B 3033P US -267565377.7 2184130566
SWEDISH MAT-RTS SWMYR US -267565377.7 2184130566
SWEDISH M-UN ADR SWMAY US -267565377.7 2184130566
SWITZERLAND
-----------
ETRION CORP 4QP GR -1431000 449615008
ETRION CORP PFCXF US -1431000 449615008
ETRION CORP ETX2EUR EU -1431000 449615008
ETRION CORP ETX2USD EO -1431000 449615008
ETRION CORP ETX2USD EU -1431000 449615008
ETRION CORP ETRXF US -1431000 449615008
ETRION CORP ETX2EUR EO -1431000 449615008
ETRION CORP ETX SS -1431000 449615008
ETRION CORP ETX CN -1431000 449615008
ETRION CORP ETX2SEK EO -1431000 449615008
ETRION CORP ETXSEK BY -1431000 449615008
ETRION CORP ETX2SEK EU -1431000 449615008
PRETIUM INDUSTRI PIIMF US -1431000 449615008
VISUALAB INC VSLBF US -1431000 449615008
VISUALABS INC VLI CN -1431000 449615008
TURKEY
------
EGS EGE GIYIM VE EGDIS TI -7732135.103 147075077.7
EGS EGE GIYIM-RT EGDISR TI -7732135.103 147075077.7
GALATASARAY SPOR GSRAY TI -134837791.7 312345232.8
GALATASARAY SPOR GALA IX -134837791.7 312345232.8
GALATASARAY SPOR GSRAYR TI -134837791.7 312345232.8
GALATASARAY SPOR GSY GR -134837791.7 312345232.8
GALATASARAY SPOR GATSF US -134837791.7 312345232.8
GALATASARAY-NEW GSRAYY TI -134837791.7 312345232.8
IKTISAT FINAN-RT IKTFNR TI -46900666.64 108228233.6
IKTISAT FINANSAL IKTFN TI -46900666.64 108228233.6
KEREVITAS GIDA KVTGF US -17661319.95 159849621.7
KEREVITAS GIDA KERVT TI -17661319.95 159849621.7
MUDURNU TAVUKC-N MDRNUN TI -64935052.1 160420187.4
MUDURNU TAVUKCUL MDRNU TI -64935052.1 160420187.4
SIFAS SIFAS TI -15439194.7 130608104
TUTUNBANK TUT TI -4024959602 2643810457
YASARBANK YABNK TI -4024959602 2643810457
ZORLU ENERJI ELE ZORENM TI -2128989.458 1841396734
ZORLU ENERJI ELE ZORENR TI -2128989.458 1841396734
ZORLU ENERJI ELE ZRLUF US -2128989.458 1841396734
ZORLU ENERJI ELE ZOREN TI -2128989.458 1841396734
ZORLU ENERJI ELE ZORENY TI -2128989.458 1841396734
ZORLU ENERJI-ADR ZRLUY US -2128989.458 1841396734
ZORLU ENERJI-RTS 0405413D TI -2128989.458 1841396734
UKRAINE
-------
CHERNIGIVS MAN-M CHIM UZ -19979000 106551872
CHERNIGIVS M-GDR CKU GR -19979000 106551872
DNIP METAL-Y Z-D DMZK UZ -1689000 100894624
DNIPROVSKY IRON DMKD UZ -85795248 2345518080
DONETSKOBLENERGO DOON UZ -350758285.3 246202249.5
KRYMENERGO KREN UZ -34125639.53 127185486.6
LUGANSKOBLENERGO LOEN UZ -28469656.82 196711929.2
MARIUP-GDR REG S MZVM IX -11661586.28 260791838.5
MARIUP-GDR REG S M9X GR -11661586.28 260791838.5
MARIUPOL HEAVY M MZVM UZ -11661586.28 260791838.5
NAFTOKHIMIK PRIC NAFP UZ -25147613.11 203369540.7
NAFTOKHIMIK-GDR N3ZA GR -25147613.11 203369540.7
ODESSA OIL REFIN ONPZ UZ -333080256 155962496
RIVNEAZOT RAZT UZ -32846124 548777856
ZALK - PFTS ZALK UZ -94493504 126238624
UNITED KINGDOM
--------------
600 UK LTD 1282018Z LN -731250.5356 123671540.8
ABBOTT MEAD VICK 648824Q LN -1685854.552 168258996.3
ABF GRAIN PRODUC 1276922Z LN -80622502.15 405377719.8
ACE INA SERVICES 1442282Z LN -32838796.68 148703014.2
ACIS GROUP LTD 4159557Z LN -29529317.19 122639068.7
ACORN CARE AND E 1238567Z LN -70886168.8 120665053.6
ADVANCE DISPLAY ADTP PZ -2983757364 2562677211
AEA TECHNOLO-FPR AATF PZ -251542348.1 142002291.9
AEA TECHNOLO-FPR AATF LN -251542348.1 142002291.9
AEA TECHNOLOGY EAETF US -251542348.1 142002291.9
AEA TECHNOLOGY AAT VX -251542348.1 142002291.9
AEA TECHNOLOGY AAT IX -251542348.1 142002291.9
AEA TECHNOLOGY AAT PO -251542348.1 142002291.9
AEA TECHNOLOGY G AATGBP EO -251542348.1 142002291.9
AEA TECHNOLOGY G AAT LN -251542348.1 142002291.9
AEA TECHNOLOGY G 89A GR -251542348.1 142002291.9
AEA TECHNOLOGY G AEATF US -251542348.1 142002291.9
AEA TECHNOLOGY G AAT EU -251542348.1 142002291.9
AEA TECHNOLOGY G AAT PZ -251542348.1 142002291.9
AEA TECHNOLOGY G AAT EO -251542348.1 142002291.9
AEA TECHNOLO-NPR AATN LN -251542348.1 142002291.9
AEA TECHNOLO-NPR AATN PZ -251542348.1 142002291.9
AFFINITI INTEGRA 1651064Z LN -743208854.7 241654750
AGORA SHOPPING C 214766Z LN -50700881.16 252334953.9
AIRBUS OPERATION 4435153Z LN -718055101.2 3718998325
AIRTOURS PLC AIR VX -379721780.5 1817512774
AIRTOURS PLC AIR LN -379721780.5 1817512774
AIRTOURS PLC ATORF US -379721780.5 1817512774
ALIXPARTNERS LTD 2578482Z LN -20704239.37 115351021.9
ALL3MEDIA HOLDIN 4500027Z LN -349193464.9 845096523.8
ALLDAYS PLC ALDYF US -120493900 252232072.9
ALLDAYS PLC 317056Q LN -120493900 252232072.9
ALLIANCE & LEICE 1603082Z LN -362196734.3 3707298376
ALLIANCE ATLANTI 1774537Z LN -15720815.81 102607041.1
ALPHA CREDIT GRP 2398Z LN -128159653.1 6765166452
AMER BUS SYS ARB LN -497126976 121439000
AMEY PLC AMY LN -48862569.33 931527720.5
AMEY PLC AMY VX -48862569.33 931527720.5
AMEY PLC AMEYF US -48862569.33 931527720.5
AMEY PLC-ASSENT AMYA LN -48862569.33 931527720.5
AMEY PLC-NEW AMYN LN -48862569.33 931527720.5
ANGLESEY ALUMINI 3899138Z LN -31293037.69 162854170.3
ANKER PLC ANK LN -21861359.81 115463159
ANKER PLC ANK PO -21861359.81 115463159
ANKER PLC DW14 GR -21861359.81 115463159
ANKER PLC - ASSD ANKB LN -21861359.81 115463159
ANKER PLC - ASSD ANKC LN -21861359.81 115463159
ANKER PLC-ASSD ANKA LN -21861359.81 115463159
ARCADIA PETROLEU 645232Z LN -5023968.659 568408481.5
ARGENTA UNDERWRI 2619614Z LN -2675706.338 115312566.9
ARRIVA NORTH WES 1320162Z LN -1976907.097 100984405.8
ASCOT RACECOURSE 1965934Z LN -15176036.03 272434311.7
ASHWELL PROPERTY 4165857Z LN -192048023.3 200163088.3
ASPIRE HOUSING L 1820890Z LN -76622621.06 145635258.6
ASTON VILLA FOOT 1768569Z LN -147588325.5 132513030.7
ASTRIUM LTD 2568578Z LN -147720838.8 465118265.6
AT KEARNEY HOLDI 4168565Z LN -712649.2612 420870276.2
AUTOBAR GROUP LT 346661Z LN -4152320.078 257142544.7
AUTOMATIC DATA P 2807722Z LN -2691222.405 196460842.3
AUTOMOBILE ASSOC 1479490Z LN -33757452.81 1402428072
AVAYA UK 1700688Z LN -53845662.33 392389930
BAA PLC BAAPF US -305487309.1 20626980048
BAA PLC BAAG IX -305487309.1 20626980048
BAA PLC 549340Q CN -305487309.1 20626980048
BAA PLC BAA IX -305487309.1 20626980048
BAA PLC 3682837Q AU -305487309.1 20626980048
BAA PLC BAA PO -305487309.1 20626980048
BAA PLC BAA GR -305487309.1 20626980048
BAA PLC BAA VX -305487309.1 20626980048
BAA PLC - ASSD BAAB LN -305487309.1 20626980048
BAA PLC-ADR BAAPY US -305487309.1 20626980048
BAA PLC-ADR BAAPY LI -305487309.1 20626980048
BAA PLC-ASSD BAAC LN -305487309.1 20626980048
BAA PLC-ASSD BAAD LN -305487309.1 20626980048
BAA PLC-ASSD BAAA LN -305487309.1 20626980048
BAE SYSTEMS GLOB 1111359Z LN -198002524.7 433422849.4
BAE SYSTEMS INTE 2344987Z LN -76887342.6 435816042
BAE SYSTEMS PROP 1151751Z LN -87647151.12 896957185.8
BANK OF SCOTLAND 1419810Z LN -9546216.212 527915266.9
BARCHESTER HOLDC 4391889Z LN -29571912.71 1847591976
BARRACUDA GROUP 3636Z LN -395586366.9 328358578
BASINGHALL FINAN 1127799Z LN -9318896.893 1118303697
BAT UK & EXPORT 4509491Z LN -190548587.2 881692782.5
BCH GROUP PLC BCH LN -5728273.973 187993198.2
BDP HOLDINGS LTD 3796920Z LN -5521777.438 114452852
BENTLEY MOTORS L 1376666Z LN -511844321.8 792321913.9
BETFAIR LTD 83844Z LN -26079415.01 461076110.5
BGE UK LTD 1653368Z LN -31309521.84 451744849.3
BIRMINGHAM MAILB 1781057Z LN -6608952.843 116466648.8
BIRSE CIVILS LTD 1333506Z LN -3991231.995 184394918.2
BLACKWELL PUBLIS 80044Z LN -1289834.531 223671685.3
BNB RECRUITMENT BNB IX -10242625.55 103637705
BNB RECRUITMENT BNB PO -10242625.55 103637705
BNB RECRUITMENT BNB LN -10242625.55 103637705
BNB RECRUITMENT BNBRF US -10242625.55 103637705
BNB RECRUITMENT BQX GR -10242625.55 103637705
BOLTON WANDERERS 1274042Z LN -109297588 124148929.4
BOOKER PLC 1330Q GR -59832893.13 1298182549
BOOKER PLC BKERF US -59832893.13 1298182549
BOOKER PLC 987188Q LN -59832893.13 1298182549
BOOKER PLC-ADR BKRUY US -59832893.13 1298182549
BOOKER PLC-ADR BOK$ LN -59832893.13 1298182549
BOSTON MAYFLOWER 1845650Z LN -38702577.78 104489726.5
BRADSTOCK GROUP BSKGF US -1855444.639 268563822.5
BRADSTOCK GROUP BDK LN -1855444.639 268563822.5
BRB RESIDUARY LT 2872503Z LN -271034725.2 371470513.4
BRENT WALKER GRP 754087Q LN -1774306283 867084131.8
BRENT WALKER GRP BWKGF US -1774306283 867084131.8
BRIT ENERGY LTD 523362Q LN -5822867501 4921095750
BRIT ENERGY PLC BHEGF US -5822867501 4921095750
BRIT ENERGY PLC 555140Q VX -5822867501 4921095750
BRIT ENERGY PLC BGYEF US -5822867501 4921095750
BRIT ENERGY PLC BEN1 GR -5822867501 4921095750
BRIT ENERGY-A BENA GR -5822867501 4921095750
BRIT ENERGY-ADR BHEFF US -5822867501 4921095750
BRITISH ENER-$US BGYD AR -5822867501 4921095750
BRITISH ENER-$US BGYNYD AR -5822867501 4921095750
BRITISH ENER-ADR BGYNY US -5822867501 4921095750
BRITISH ENER-BLK BGYB AR -5822867501 4921095750
BRITISH ENER-BLK BGYNYB AR -5822867501 4921095750
BRITISH ENER-C/E BGYC AR -5822867501 4921095750
BRITISH ENER-C/E BGYNYC AR -5822867501 4921095750
BRITISH ENER-CED BGYNY AR -5822867501 4921095750
BRITISH ENER-CED BGY AR -5822867501 4921095750
BRITISH ENERGY-A BGYA VX -5822867501 4921095750
BRITISH ENERGY-A 3012442Q LN -5822867501 4921095750
BRITISH ENERGY-A BHEAF US -5822867501 4921095750
BRITISH ENERGY-A BGYA PO -5822867501 4921095750
BRITISH ENERGY-A BGYGF US -5822867501 4921095750
BRITVIC PLC BVIC LN -1427723.98 1647117616
BRITVIC PLC BVI2 EO -1427723.98 1647117616
BRITVIC PLC BVIC EU -1427723.98 1647117616
BRITVIC PLC B6S GR -1427723.98 1647117616
BRITVIC PLC BVICGBP EO -1427723.98 1647117616
BRITVIC PLC BVIC BQ -1427723.98 1647117616
BRITVIC PLC BVIC5 EO -1427723.98 1647117616
BRITVIC PLC BVIC EO -1427723.98 1647117616
BRITVIC PLC BVICUSD EO -1427723.98 1647117616
BRITVIC PLC BVIC TQ -1427723.98 1647117616
BRITVIC PLC BVICPEN EU -1427723.98 1647117616
BRITVIC PLC BVIC S1 -1427723.98 1647117616
BRITVIC PLC BVIC4 EO -1427723.98 1647117616
BRITVIC PLC BVICEUR EO -1427723.98 1647117616
BRITVIC PLC BTVCF US -1427723.98 1647117616
BRITVIC PLC BVICEUR EU -1427723.98 1647117616
BRITVIC PLC BVIC9 EO -1427723.98 1647117616
BRITVIC PLC BVIC8 EO -1427723.98 1647117616
BRITVIC PLC BVICPEN EO -1427723.98 1647117616
BRITVIC PLC B6S GK -1427723.98 1647117616
BRITVIC PLC BVIC EB -1427723.98 1647117616
BRITVIC PLC BVIC2 EO -1427723.98 1647117616
BRITVIC PLC BVIC NQ -1427723.98 1647117616
BRITVIC PLC BVIC6 EO -1427723.98 1647117616
BRITVIC PLC BVIC QM -1427723.98 1647117616
BRITVIC PLC BVIC3 EO -1427723.98 1647117616
BRITVIC PLC BVIC1 EO -1427723.98 1647117616
BRITVIC PLC BVIC PZ -1427723.98 1647117616
BRITVIC PLC BVICUSD EU -1427723.98 1647117616
BRITVIC PLC BVIC IX -1427723.98 1647117616
BRITVIC PLC BVIC VX -1427723.98 1647117616
BRITVIC PLC BVIC NR -1427723.98 1647117616
BRITVIC PLC BVIC7 EO -1427723.98 1647117616
BRITVIC PLC-ADR BTVCY US -1427723.98 1647117616
BRIXTON GREAT WE 1242343Z LN -24193317.48 164120047.9
BUNZL VENDING SE 1626514Z LN -3627717.453 117295226
BURNDEN LEISURE BDL LN -92092299.62 136726201.7
CALSONIC KANSEI 2730264Z LN -112686897.5 233439821
CALSONIC KANSEI 1541442Z LN -38998494.18 298627314.6
CAPITAL HOME LOA 3809804Z LN -15503258.05 16833730499
CARISBROOKE ANGL 3815488Z LN -67887962.81 125396545.6
CARLISLE GROUP 506819Q LN -11904428.42 203548565
CATTLES PLC CTT EB -599615492.2 3880885246
CATTLES PLC CTT IX -599615492.2 3880885246
CATTLES PLC CTT LN -599615492.2 3880885246
CATTLES PLC CTTEUR EU -599615492.2 3880885246
CATTLES PLC CTTUSD EU -599615492.2 3880885246
CATTLES PLC CTT TQ -599615492.2 3880885246
CATTLES PLC CTT EU -599615492.2 3880885246
CATTLES PLC CZS GR -599615492.2 3880885246
CATTLES PLC CTTSEK EU -599615492.2 3880885246
CATTLES PLC CTTEUR EO -599615492.2 3880885246
CATTLES PLC CTT NQ -599615492.2 3880885246
CATTLES PLC CTTUSD EO -599615492.2 3880885246
CATTLES PLC CTTGBP EO -599615492.2 3880885246
CATTLES PLC CTTSEK EO -599615492.2 3880885246
CATTLES PLC CTT NR -599615492.2 3880885246
CATTLES PLC CTT PZ -599615492.2 3880885246
CATTLES PLC CHOXF US -599615492.2 3880885246
CATTLES PLC CTT EO -599615492.2 3880885246
CATTLES PLC CTT QM -599615492.2 3880885246
CATTLES PLC CTT PO -599615492.2 3880885246
CATTLES PLC CTT VX -599615492.2 3880885246
CATTLES PLC CTT BQ -599615492.2 3880885246
CATTLES PLC-ADR CHOXY US -599615492.2 3880885246
CATTLES PLC-FPR CTTF LN -599615492.2 3880885246
CATTLES PLC-FPR CTTF PZ -599615492.2 3880885246
CATTLES PLC-NPR CTTN LN -599615492.2 3880885246
CATTLES PLC-NPR CTTN IX -599615492.2 3880885246
CATTLES PLC-NPR CTTN PZ -599615492.2 3880885246
CATTLES PLC-NPR 2843730Q EU -599615492.2 3880885246
CATTLES PLC-NPR 2843726Q EO -599615492.2 3880885246
CATTLES PLC-NPR 2843734Q EO -599615492.2 3880885246
CATTLES PLC-NPR CCTN PZ -599615492.2 3880885246
CATTLES PLC-RFD CTTR LN -599615492.2 3880885246
CATTLES PLC-RFD CTTR PZ -599615492.2 3880885246
CATTLES PLC-RFD CTTR IX -599615492.2 3880885246
CEVA GROUP PLC 976811Z LN -404835205.1 5085742264
CHANNEL 5 TELEVI 93306Z LN -3955940.23 440416449.8
CHELSEA FOOTBALL 1508858Z LN -645325606.2 325028457.3
CHILTERN RAILWAY 1691664Z LN -18440739.08 143929126.6
CHRYSALIS GROUP CHS EU -16399845.81 124838262.3
CHRYSALIS GROUP CHS PZ -16399845.81 124838262.3
CHRYSALIS GROUP CYGUF US -16399845.81 124838262.3
CHRYSALIS GROUP CHSEUR EU -16399845.81 124838262.3
CHRYSALIS GROUP CHS PO -16399845.81 124838262.3
CHRYSALIS GROUP CHSEUR EO -16399845.81 124838262.3
CHRYSALIS GROUP CHS EO -16399845.81 124838262.3
CHRYSALIS GROUP HR4 GR -16399845.81 124838262.3
CHRYSALIS GROUP 5CY GR -16399845.81 124838262.3
CHRYSALIS GROUP CHSUSD EU -16399845.81 124838262.3
CHRYSALIS GROUP CHS VX -16399845.81 124838262.3
CHRYSALIS GROUP CLYSF US -16399845.81 124838262.3
CHRYSALIS GROUP CHSGBP EO -16399845.81 124838262.3
CHRYSALIS GROUP CHS LN -16399845.81 124838262.3
CHRYSALIS GROUP CHS IX -16399845.81 124838262.3
CHRYSALIS GROUP CHSUSD EO -16399845.81 124838262.3
CLASSIC HOSPITAL 802723Z LN -6453011.416 212249352.1
CLIPPER WINDPOWE CWP EO -168322000 436419008
CLIPPER WINDPOWE CWP IX -168322000 436419008
CLIPPER WINDPOWE C2W GR -168322000 436419008
CLIPPER WINDPOWE CWP LN -168322000 436419008
CLIPPER WINDPOWE CWP PG -168322000 436419008
CLIPPER WINDPOWE CWPA LN -168322000 436419008
CLIPPER WINDPOWE CWP PZ -168322000 436419008
CLIPPER WINDPOWE CWP EU -168322000 436419008
CLIPPER WINDPOWE 3470635Q LN -168322000 436419008
CLIPPER WINDPOWE CRPWF US -168322000 436419008
COMMUNITY HOUSIN 4448257Z LN -3215992.54 202983429.4
COMO HOLDINGS UK 3818576Z LN -23709992.86 122013803.9
COMPASS GROU-OLD 1259Q LN -668101173.9 2972459078
COMPASS GROUP QOP GR -668101173.9 2972459078
COMPASS GRP-ADR CMSGY US -668101173.9 2972459078
COMPASS GRP-ADR CMSJY US -668101173.9 2972459078
CONNECT UTILITIE 2112683Z LN -6756036.693 135500422.8
CONVENIENCE FOOD 1555794Z LN -76242510.77 781213617
COOLKEERAGH ESB 4471679Z LN -21270460.2 308163645.9
CPI MORTARS LTD 1751696Z LN -22518097.49 110009816.1
CROSBY GROUP PLC 237335Z LN -122188674.2 211009635.6
CROWN BLUE LINE 1369234Z LN -5491244.659 143228058.8
CSC METROCENTRE 1203663Z LN -177523497.7 231888247
CUCINA LUX INVES 4503083Z LN -332083965.3 3040705457
DANKA BUS SYSTEM DNK LN -497126976 121439000
DANKA BUS SYSTEM 3205291Q EO -497126976 121439000
DANKA BUS SYSTEM DNK VX -497126976 121439000
DANKA BUS SYSTEM DNK IX -497126976 121439000
DANKA BUS SYSTEM DNK PO -497126976 121439000
DANKA BUS SYSTEM DNK PZ -497126976 121439000
DANKA BUS SYSTEM 3205283Q EO -497126976 121439000
DANKA BUS SYSTEM DANKF US -497126976 121439000
DANKA BUS SYSTEM 3205287Q EU -497126976 121439000
DANKA BUS-$US CE DANKD AR -497126976 121439000
DANKA BUS-ADR DANKY US -497126976 121439000
DANKA BUS-ADR AP39 LI -497126976 121439000
DANKA BUS-ADR DB6 GR -497126976 121439000
DANKA BUS-ADR DANKE US -497126976 121439000
DANKA BUS-BLK CE DANKB AR -497126976 121439000
DANKA BUS-C/E CE DANKC AR -497126976 121439000
DANKA BUS-CEDEAR DANK AR -497126976 121439000
DARTY PLC KESA QM -154779892.4 1917418684
DARTY PLC DRTYUSD EU -154779892.4 1917418684
DARTY PLC KESA5 EO -154779892.4 1917418684
DARTY PLC KESA IX -154779892.4 1917418684
DARTY PLC KESA2 EO -154779892.4 1917418684
DARTY PLC KESA EO -154779892.4 1917418684
DARTY PLC DRTY EO -154779892.4 1917418684
DARTY PLC KESA3 EO -154779892.4 1917418684
DARTY PLC KESA6 EO -154779892.4 1917418684
DARTY PLC DRTY QM -154779892.4 1917418684
DARTY PLC DRTY LN -154779892.4 1917418684
DARTY PLC KESA9 EO -154779892.4 1917418684
DARTY PLC DRTY EU -154779892.4 1917418684
DARTY PLC DRTYGBP EO -154779892.4 1917418684
DARTY PLC KE4 GR -154779892.4 1917418684
DARTY PLC DRTY IX -154779892.4 1917418684
DARTY PLC KESA TQ -154779892.4 1917418684
DARTY PLC KESAF US -154779892.4 1917418684
DARTY PLC KESA8 EO -154779892.4 1917418684
DARTY PLC KESA4 EO -154779892.4 1917418684
DARTY PLC DRTY TQ -154779892.4 1917418684
DARTY PLC DRTYEUR EO -154779892.4 1917418684
DARTY PLC KESA BQ -154779892.4 1917418684
DARTY PLC DRTYEUR EU -154779892.4 1917418684
DARTY PLC KESA NR -154779892.4 1917418684
DARTY PLC DRTYI GR -154779892.4 1917418684
DARTY PLC KESA NQ -154779892.4 1917418684
DARTY PLC DRTY EB -154779892.4 1917418684
DARTY PLC KE4 GK -154779892.4 1917418684
DARTY PLC DRTYUSD EO -154779892.4 1917418684
DARTY PLC DRTY FP -154779892.4 1917418684
DARTY PLC KES1 EO -154779892.4 1917418684
DARTY PLC KSA FP -154779892.4 1917418684
DARTY PLC KESA7 EO -154779892.4 1917418684
DARTY PLC KESA S1 -154779892.4 1917418684
DARTY PLC KESA EB -154779892.4 1917418684
DAVENHAM GROUP P DAV EO -57317833.22 114701147.6
DAVENHAM GROUP P DAV EU -57317833.22 114701147.6
DAVENHAM GROUP P DAV PZ -57317833.22 114701147.6
DAVENHAM GROUP P DAH GR -57317833.22 114701147.6
DAVENHAM GROUP P DAV PG -57317833.22 114701147.6
DAVENHAM GROUP P DAH TH -57317833.22 114701147.6
DAVENHAM GROUP P DAV LN -57317833.22 114701147.6
DAVENHAM GROUP P DAVEUR EO -57317833.22 114701147.6
DCK GROUP LTD 4006628Z LN -23972516.74 108515833.6
DE LA RUE PLC DLAR TQ -72920095.83 652922700.1
DE LA RUE PLC DLAREUR EU -72920095.83 652922700.1
DE LA RUE PLC DL1C GK -72920095.83 652922700.1
DE LA RUE PLC DLARUSD EO -72920095.83 652922700.1
DE LA RUE PLC DLAR LN -72920095.83 652922700.1
DE LA RUE PLC DL1 GR -72920095.83 652922700.1
DE LA RUE PLC DELRF US -72920095.83 652922700.1
DE LA RUE PLC DLAR EB -72920095.83 652922700.1
DE LA RUE PLC DLAR8 EO -72920095.83 652922700.1
DE LA RUE PLC DLAR BQ -72920095.83 652922700.1
DE LA RUE PLC DLAR NR -72920095.83 652922700.1
DE LA RUE PLC DLAR PZ -72920095.83 652922700.1
DE LA RUE PLC DLRUF US -72920095.83 652922700.1
DE LA RUE PLC DLAR1 EO -72920095.83 652922700.1
DE LA RUE PLC DLAR NQ -72920095.83 652922700.1
DE LA RUE PLC DLARCHF EU -72920095.83 652922700.1
DE LA RUE PLC DLAR4 EO -72920095.83 652922700.1
DE LA RUE PLC DLAR S1 -72920095.83 652922700.1
DE LA RUE PLC DLARUSD EU -72920095.83 652922700.1
DE LA RUE PLC DLARF US -72920095.83 652922700.1
DE LA RUE PLC DL1A GR -72920095.83 652922700.1
DE LA RUE PLC DL1C GR -72920095.83 652922700.1
DE LA RUE PLC DLA EO -72920095.83 652922700.1
DE LA RUE PLC DLAR IX -72920095.83 652922700.1
DE LA RUE PLC DLAR7 EO -72920095.83 652922700.1
DE LA RUE PLC DL1B GR -72920095.83 652922700.1
DE LA RUE PLC DLAR QM -72920095.83 652922700.1
DE LA RUE PLC DLAREUR EO -72920095.83 652922700.1
DE LA RUE PLC DLAR EO -72920095.83 652922700.1
DE LA RUE PLC DLARCHF EO -72920095.83 652922700.1
DE LA RUE PLC DLAR VX -72920095.83 652922700.1
DE LA RUE PLC DLARGBP EO -72920095.83 652922700.1
DE LA RUE PLC DLAR9 EO -72920095.83 652922700.1
DE LA RUE PLC DLAR EU -72920095.83 652922700.1
DE LA RUE PLC DLAR5 EO -72920095.83 652922700.1
DE LA RUE PLC DLAR3 EO -72920095.83 652922700.1
DE LA RUE PLC DLAR PO -72920095.83 652922700.1
DE LA RUE PLC DLAR6 EO -72920095.83 652922700.1
DE LA RUE PLC DLAR2 EO -72920095.83 652922700.1
DE LA RUE-ADR DERUY US -72920095.83 652922700.1
DE LA RUE-ADR DLUEY US -72920095.83 652922700.1
DE LA RUE-PREF 3115438Q EU -72920095.83 652922700.1
DE LA RUE-PREF DLAP PZ -72920095.83 652922700.1
DE LA RUE-PREF DLAP LN -72920095.83 652922700.1
DE STEFANO INVES 3814768Z LN -10968616.22 208612111
DIAMOND RESORT H 1710824Z LN -36346087.76 199633867
DIAMOND RESORTS 1578906Z LN -55241260.22 185000514.5
DISPOSABLE SOFT 1124335Z LN -25554763.54 154077028.1
DONVAND LTD 2564906Z LN -8746031.883 235830922.7
DRIVE ASSIST HOL 3641135Z LN -129629293.2 804046536.3
DTZ DEBENHAM TIE 1637608Z LN -65367918.17 431959182
E ON RUHRGAS UK 1671208Z LN -203389128.9 397727814.9
E ON UK CHP LTD 2642428Z LN -441420879.2 292251726.5
EASYNET GROUP EZNGF US -60380605.51 334049332.2
EASYNET GROUP ESY PO -60380605.51 334049332.2
EASYNET GROUP ESY LN -60380605.51 334049332.2
EASYNET GROUP ESY VX -60380605.51 334049332.2
EASYNET GROUP EAY GR -60380605.51 334049332.2
EASYNET GROUP-CV 91009Z LN -60380605.51 334049332.2
EC HARRIS LLP 4448521Z LN -16034293.72 122879662.7
EDF ENERGY 1 LTD 1201287Z LN -173168019.1 373323626.4
EDF ENERGY CUSTO LON LN -998743443.7 5451617395
ELE INVTS LTD ELCT US -50659516.57 281969290.1
EMI GROUP -ASSD EMIA LN -2265916257 2950021937
EMI GROUP LTD EMI LN -2265916257 2950021937
EMI GROUP PLC EMI VX -2265916257 2950021937
EMI GROUP PLC 3020138Q GR -2265916257 2950021937
EMI GROUP PLC EMI IX -2265916257 2950021937
EMI GROUP PLC EMIPF US -2265916257 2950021937
EMI GROUP PLC EMI PO -2265916257 2950021937
EMI GROUP PLC-B 1019425Q LN -2265916257 2950021937
EMI GROUP-ADR EMI$ LN -2265916257 2950021937
EMI GROUP-ADR EMIPY US -2265916257 2950021937
EMI GROUP-ADR 38IS LN -2265916257 2950021937
EQUINITI LTD 977621Z LN -91870053.33 903061439.5
EQUITY INSURANCE 1284698Z LN -29894777.4 147890791
ERM GROUP HOLDIN 3125976Z LN -175924992 616248000
ERM-EUROPE LTD 1539482Z LN -5766265.722 206231135.2
ESPORTA HEALTH & 1689624Z LN -34019016.45 143720210.5
EUROPEAN HOME EHR EU -14328735.16 110864081.4
EUROPEAN HOME EHR3 EO -14328735.16 110864081.4
EUROPEAN HOME FPAKF US -14328735.16 110864081.4
EUROPEAN HOME EHR5 EO -14328735.16 110864081.4
EUROPEAN HOME EHR6 EO -14328735.16 110864081.4
EUROPEAN HOME EHREUR EO -14328735.16 110864081.4
EUROPEAN HOME EHR LN -14328735.16 110864081.4
EUROPEAN HOME KLZ PO -14328735.16 110864081.4
EUROPEAN HOME EHR2 EO -14328735.16 110864081.4
EUROPEAN HOME KLZ VX -14328735.16 110864081.4
EUROPEAN HOME EHR PZ -14328735.16 110864081.4
EUROPEAN HOME EHR PO -14328735.16 110864081.4
EUROPEAN HOME EHR9 EO -14328735.16 110864081.4
EUROPEAN HOME EHR EO -14328735.16 110864081.4
EUROPEAN HOME EHR10 EO -14328735.16 110864081.4
EUROPEAN HOME EHREUR EU -14328735.16 110864081.4
EUROPEAN HOME EHR4 EO -14328735.16 110864081.4
EUROPEAN HOME EHR8 EO -14328735.16 110864081.4
EUROPEAN HOME EHR1 EO -14328735.16 110864081.4
EUROPEAN HOME EHR VX -14328735.16 110864081.4
EUROPEAN HOME EHR7 EO -14328735.16 110864081.4
EUROPEAN HOME EHRGBP EO -14328735.16 110864081.4
EUROSTAR INTERNA 4379945Z LN -2296294817 600452807.4
EXOVA PLC 4507835Z LN -23478618.65 727804846.1
EXXONMOBIL MARIN 1196527Z LN -10207264.01 337580273
FAIRLINE BOATS H 4498779Z LN -13944238.58 114504852.8
FAREPAK PLC FPK LN -14328735.16 110864081.4
FINANCIAL SERVIC 2630281Z LN -150518742.9 432118909.8
FIRST CHOICE HOL 1098394Z LN -599861682.6 608849393.2
FITNESS FIRST GR 4501843Z LN -959590355.8 1731530545
FLECTAT LTD 1160967Z LN -53267356.38 102516976.5
FOOTBALL FOUNDAT 3958180Z LN -1856870.101 108334858
FORD MOTOR CO LT 1291306Z LN -198002524.7 4858077693
FORENSIC SCIENCE 2616518Z LN -114373361.6 144478716.5
FOUR SEASONS HEA 1865450Z LN -126472163.8 267951983.6
FRENCH CONNECTIO 1092170Z LN -21270716.65 169362489.9
FUNDING CORP LTD 4157637Z LN -28925795.68 201083535.3
FW FARNSWORTH LT 1293386Z LN -44420065.35 102695080.1
GALA ELECTRIC CA 1228295Z LN -1443271177 5858442731
GALIFORM CORPORA 1478794Z LN -49876078.98 987241731.3
GALLAGHER UK LTD 4422897Z LN -14056336.1 197494963.7
GAMESTEC LEISURE 1432626Z LN -22918299.36 107315419.3
GARTLAND WHALLEY GWB LN -10986768.6 145352034.5
GE CALEDONIAN LT 2178340Z LN -152040000 333438016
GENERAL MOTORS 1062338Z LN -1258953111 1981116650
GGT GROUP PLC 500970Q LN -156372272 408211200.9
GGT GROUP-ADR GGTRY US -156372272 408211200.9
GLADEDALE VENTUR 2209596Z LN -40300529.62 104554687.5
GLAXOSMITHKLINE 1426Z LN -9429285.587 13095256920
GLOBAL CROSSING 3629883Z LN -353965082.8 492328850.3
GLOBAL RADIO SER 4171741Z LN -62302229.74 181387133.2
GONDOLA GROUP LT 4499995Z LN -284524422.8 1496226646
GONDOLA HOLD 913024Q GR -368104339.6 1568916934
GONDOLA HOLD GND VX -368104339.6 1568916934
GONDOLA HOLDINGS GND LN -368104339.6 1568916934
GONDOLA HOLDINGS GND IX -368104339.6 1568916934
GONDOLA HOLD-NEW GNDA LN -368104339.6 1568916934
GONDOLA HOLD-NEW GNDB LN -368104339.6 1568916934
GOODRICH CONTROL 3631571Z LN -203464797 600544111.2
GOODYEAR DUNLOP 3894550Z LN -191322012.8 287023355
GRANT THORNTON U 961842Z LN -87634636.95 389831122.7
HARMSWORTH PRINT 1552314Z LN -17382531.76 325365175.8
HARMSWORTH PRINT 1719464Z LN -46809590.17 171744856.2
HARMSWORTH QUAYS 1552378Z LN -109747106.9 292508124.8
HAS ACCIDENT MAN 3815368Z LN -71038252.12 266645094.8
HAYMARKET GROUP 4158941Z LN -100498143 307693877.6
HENDERSON ADMINI 1296626Z LN -14041029.43 1007142193
HESS INDONESIA P 1705776Z LN -90105554.61 634894802.5
HMV GROUP -GDR 276960Q GR -218490042.1 415846374.8
HMV GROUP -GDR 29362Z US -218490042.1 415846374.8
HMV GROUP PLC HMV1 EO -218490042.1 415846374.8
HMV GROUP PLC HMVMF US -218490042.1 415846374.8
HMV GROUP PLC HMV NQ -218490042.1 415846374.8
HMV GROUP PLC HMV4 EO -218490042.1 415846374.8
HMV GROUP PLC HMVUSD EU -218490042.1 415846374.8
HMV GROUP PLC HMV2 EO -218490042.1 415846374.8
HMV GROUP PLC HMVEUR EO -218490042.1 415846374.8
HMV GROUP PLC HMVUSD EO -218490042.1 415846374.8
HMV GROUP PLC HMVGBP EO -218490042.1 415846374.8
HMV GROUP PLC HMV IX -218490042.1 415846374.8
HMV GROUP PLC HMV10 EO -218490042.1 415846374.8
HMV GROUP PLC HMV3 EO -218490042.1 415846374.8
HMV GROUP PLC HMV BQ -218490042.1 415846374.8
HMV GROUP PLC HM4 GK -218490042.1 415846374.8
HMV GROUP PLC HM4 GR -218490042.1 415846374.8
HMV GROUP PLC HMV EB -218490042.1 415846374.8
HMV GROUP PLC HMV PZ -218490042.1 415846374.8
HMV GROUP PLC HMVEUR EU -218490042.1 415846374.8
HMV GROUP PLC HMV VX -218490042.1 415846374.8
HMV GROUP PLC HMV9 EO -218490042.1 415846374.8
HMV GROUP PLC HMV TQ -218490042.1 415846374.8
HMV GROUP PLC HMV S1 -218490042.1 415846374.8
HMV GROUP PLC HMV8 EO -218490042.1 415846374.8
HMV GROUP PLC HMV EO -218490042.1 415846374.8
HMV GROUP PLC HMV7 EO -218490042.1 415846374.8
HMV GROUP PLC HMV5 EO -218490042.1 415846374.8
HMV GROUP PLC HMV QM -218490042.1 415846374.8
HMV GROUP PLC HMV PO -218490042.1 415846374.8
HMV GROUP PLC HMV EU -218490042.1 415846374.8
HMV GROUP PLC HMV LN -218490042.1 415846374.8
HMV GROUP PLC HMV NR -218490042.1 415846374.8
HMV GROUP PLC HMV6 EO -218490042.1 415846374.8
HOLIDAY AUTOS IN 1155863Z LN -47020142.86 391438531.3
HOMEFIELD PVT UK 4501835Z LN -13668996.51 455224068.7
HOTEL CORP PLC HHA TH -234303120.5 370820493.6
HOTEL CORP PLC HCP EU -234303120.5 370820493.6
HOTEL CORP PLC HCP LN -234303120.5 370820493.6
HOTEL CORP PLC HHA GR -234303120.5 370820493.6
HOTEL CORP PLC HCP PO -234303120.5 370820493.6
HOTEL CORP PLC HCPEUR EO -234303120.5 370820493.6
HOTEL CORP PLC HCP PZ -234303120.5 370820493.6
HOTEL CORP PLC HCP PG -234303120.5 370820493.6
HOTEL CORP PLC HCP EO -234303120.5 370820493.6
HOTEL CORP-RFD HCPA LN -234303120.5 370820493.6
HOUSE FRASER-ADR HOFSY US -14410799.86 200149998.1
HOUSE FRASER-ADR HSFRY US -14410799.86 200149998.1
HOUSE OF FRASER HSFRF US -14410799.86 200149998.1
HOUSE OF FRASER HOF VX -14410799.86 200149998.1
HOUSE OF FRASER HOF PO -14410799.86 200149998.1
HOUSE OF FRASER HOF PZ -14410799.86 200149998.1
HOUSE OF FRASER HOF LN -14410799.86 200149998.1
HOUSE OF FRASER HOF IX -14410799.86 200149998.1
HUTCHISON 3G UK 265923Z LN -2558478023 10215382954
HYDREX HOLDINGS 4156949Z LN -150849963.2 145584295.2
IGLO FOODS GROUP 2332487Z LN -536668915.5 4700658208
IKANO FINANCIAL 2599182Z LN -11016514.34 150562302.2
INCISIVE MED-ASD INMA LN -35359948.83 1084526802
INCISIVE MEDIA 2290661Q PZ -35359948.83 1084526802
INCISIVE MEDIA 997071Q GR -35359948.83 1084526802
INCISIVE MEDIA INM IX -35359948.83 1084526802
INCISIVE MEDIA INM PO -35359948.83 1084526802
INCISIVE MEDIA 2292912Q VX -35359948.83 1084526802
INCISIVE MEDIA 4030Z LN -35359948.83 1084526802
INCISIVE MEDIA 2290657Q LN -35359948.83 1084526802
INCOMMUNITIES GR 4508531Z LN -76955719.31 411468753.5
INEOS GROUP HLDG 6623Z LN -417958386.5 12037072140
INEOS MANUFACTUR 2170452Z LN -6726362.412 1831309315
INEOS VINYLS UK 1072618Z LN -15123027.48 219361852.2
INFORMA UK LTD 699186Z LN -267015729.6 1019729118
INSPIRED GAMING 1181783Z LN -87284373.38 396170831.1
INTELLIGENT FINA 1645352Z LN -18029143.28 152828326.7
INTERFLOOR GROUP 317371Z LN -6491968.079 102342688.7
INTERNATIONAL MA 2842386Z LN -3474420.46 109056784.7
INTERNATIONAL RE 1074242Z LN -43752001.08 114451373.2
IRANIAN OIL CO U 1380570Z LN -137208702.6 280446335.8
JARVIS PLC JRVSEUR EU -64739862.73 130951086
JARVIS PLC JRVS LN -64739862.73 130951086
JARVIS PLC JRVS4 EO -64739862.73 130951086
JARVIS PLC JRVS3 EO -64739862.73 130951086
JARVIS PLC JRVS EO -64739862.73 130951086
JARVIS PLC JVR GR -64739862.73 130951086
JARVIS PLC JRVS2 EO -64739862.73 130951086
JARVIS PLC JRVS1 EO -64739862.73 130951086
JARVIS PLC JVSPF US -64739862.73 130951086
JARVIS PLC JRVS IX -64739862.73 130951086
JARVIS PLC JRVS PZ -64739862.73 130951086
JARVIS PLC JRVS VX -64739862.73 130951086
JARVIS PLC JRVSEUR EO -64739862.73 130951086
JARVIS PLC JRVS9 EO -64739862.73 130951086
JARVIS PLC JRVS6 EO -64739862.73 130951086
JARVIS PLC JRV EO -64739862.73 130951086
JARVIS PLC JRVS5 EO -64739862.73 130951086
JARVIS PLC JRVS PO -64739862.73 130951086
JARVIS PLC JRVSGBP EO -64739862.73 130951086
JARVIS PLC JRVS EU -64739862.73 130951086
JARVIS PLC JRVS8 EO -64739862.73 130951086
JARVIS PLC JRVS7 EO -64739862.73 130951086
JDR ENTERPRISES 3947788Z LN -18283944.55 190661628.9
JESSOPS PLC JSP LN -42702018.35 112964060.4
JESSOPS PLC JSP EO -42702018.35 112964060.4
JESSOPS PLC JSPEUR EO -42702018.35 112964060.4
JESSOPS PLC JSP IX -42702018.35 112964060.4
JESSOPS PLC JSP PZ -42702018.35 112964060.4
JESSOPS PLC JSP EU -42702018.35 112964060.4
JESSOPS PLC JSP PO -42702018.35 112964060.4
JESSOPS PLC JSPGBP EO -42702018.35 112964060.4
JESSOPS PLC JS4 GR -42702018.35 112964060.4
JESSOPS PLC JSPEUR EU -42702018.35 112964060.4
JESSOPS PLC JSP VX -42702018.35 112964060.4
JP MCDOUGALL & C 1293298Z LN -38788226.87 105778561.4
JVC EUROPE LTD 2667041Z LN -2824766.239 131996942.9
KBC LEASE UK LTD 2682395Z LN -182770025.2 231589490.3
KCA DEUTAG DRILL 2173132Z LN -44273052.72 185361544.7
KERLING PLC 3537299Z LN -6358587.289 2646257974
KESA ELECTRI-ADR KESAY US -154779892.4 1917418684
KESA ELECTRICALS KESAEUR EO -154779892.4 1917418684
KESA ELECTRICALS KESAGBP EO -154779892.4 1917418684
KESA ELECTRICALS KESA VX -154779892.4 1917418684
KESA ELECTRICALS KESA PO -154779892.4 1917418684
KESA ELECTRICALS KESAI IX -154779892.4 1917418684
KESA ELECTRICALS KESA PZ -154779892.4 1917418684
KESA ELECTRICALS KESAUSD EU -154779892.4 1917418684
KESA ELECTRICALS KESAUSD EO -154779892.4 1917418684
KESA ELECTRICALS KES EO -154779892.4 1917418684
KESA ELECTRICALS KESAEUR EU -154779892.4 1917418684
KESA ELECTRICALS KESA LN -154779892.4 1917418684
KESA ELECTRICALS KESA EU -154779892.4 1917418684
KESTREL HOLDINGS 4499515Z LN -3577225.606 950172823.8
KILMARTIN HOLDIN 3589161Z LN -32467784.16 576731039.1
KILMARTIN PROPER 534862Z LN -37743228.9 444220212.7
KLEENEZE PLC KLZ LN -14328735.16 110864081.4
KODAK LTD 1275242Z LN -180673404.9 661044368.6
LANCASTER INVEST 1575538Z LN -54823340.19 121302849.6
LAND SECURITIES 1371626Z LN -103330200.3 4796043425
LAPSENT LTD 203678Z LN -26875940.03 200397842.7
LAST MINUTE NETW 1180895Z LN -624958331.1 357173156
LEEDS SPORTING LEDPF US -73166148.8 143762193.7
LEEDS SPORTING LES LN -73166148.8 143762193.7
LEEDS UNITED PLC 889687Q GR -73166148.8 143762193.7
LEEDS UNITED PLC LDSUF US -73166148.8 143762193.7
LEEDS UNITED PLC LUFC LN -73166148.8 143762193.7
LGC LTD 161695Z LN -44759203.51 163172696.4
LHR AIRPORTS LTD BAA LN -305487309.1 20626980048
LINK FINANCIAL 3041Z LN -77907330.21 237500167.3
LIONCOVER INSURA 1120431Z LN -221632.1611 741441082.5
LLOYDS TSB EQUIP 1238423Z LN -1919544.165 270438080.8
LLOYDS TSB EQUIP 1214495Z LN -661481.4498 334557469.7
LOMBARD CORPORAT 1162975Z LN -7309362.404 198951662.4
LONDON ELEC-ADR 3165952Q US -998743443.7 5451617395
LONDON TOWN PLC LTW PZ -21897636.36 175672299.2
LONDON TOWN PLC LTW EO -21897636.36 175672299.2
LONDON TOWN PLC LTW EU -21897636.36 175672299.2
LONDON TOWN PLC LOU GR -21897636.36 175672299.2
LONDON TOWN PLC LTW IX -21897636.36 175672299.2
LONDON TOWN PLC LTW LN -21897636.36 175672299.2
LONDON TOWN PLC LTWR LN -21897636.36 175672299.2
LONDON TOWN PLC LTW PG -21897636.36 175672299.2
LONDON TOWN PLC LTWX LN -21897636.36 175672299.2
LONDON TOWN PLC LTW PO -21897636.36 175672299.2
LOTUS CARS LTD 1361858Z LN -35114342.56 198253618.4
LOTUS GROUP INTE 144299Z LN -36824866.02 207696437.1
M 2003 PLC MTWOF US -2203513803 7204891602
M 2003 PLC 203055Q LN -2203513803 7204891602
M 2003 PLC-ADR MTWOY US -2203513803 7204891602
M 2003 PLC-ADR MTWOE US -2203513803 7204891602
MANCHESTER CITY 2348397Z LN -585663648.2 853089281.3
MANSFORD HOLDING 253659Z LN -4565898.062 650742111.3
MARCONI PLC MNI LN -2203513803 7204891602
MARCONI PLC MY2 GR -2203513803 7204891602
MARCONI PLC MNI BB -2203513803 7204891602
MARCONI PLC 203083Q VX -2203513803 7204891602
MARCONI PLC MONI BB -2203513803 7204891602
MARCONI PLC MRCQF US -2203513803 7204891602
MARCONI PLC-ADR MY2A GR -2203513803 7204891602
MARCONI PLC-ADR MONIE US -2203513803 7204891602
MARCONI PLC-ADR MRCQY US -2203513803 7204891602
MARCONI PLC-ADR QUQMON AU -2203513803 7204891602
MARCONI PLC-ADR MCONY US -2203513803 7204891602
MARCONI PLC-ADR MONI US -2203513803 7204891602
MARCONI PLC-ADR MONIY US -2203513803 7204891602
MARCONI PLC-ADR MCBA GR -2203513803 7204891602
MAYBOURNE HOTELS 1824362Z LN -7394692.715 356529270.5
MCINERNEY GROUP 1967014Z LN -174737505.4 140489212.7
MEADOWHALL FINAN 3560793Z LN -6035547.782 1318968635
MEDIAEDGE CIA UK 1912470Z LN -30968632.67 193466296
MEDIMMUNE LTD 1596402Z LN -246912279 292289144.3
MENZIES HOTELS H 4496419Z LN -100398281.3 322775887.8
MENZIES HOTELS L 1136583Z LN -13067356.23 180728283.4
MENZIES HOTELS O 2527986Z LN -154664298.1 147542502.3
MERLIN ENTERTAIN 305364Z LN -223818.382 152824734.8
MIDLAND EXPRESSW 583730Z LN -96899629.27 1076416510
MILLENNIUM STADI 1727672Z LN -19667498.58 154757357.6
MILLER HOMES LTD 2220892Z LN -221920899.9 657431424.2
MONARCH HOLDINGS 4502027Z LN -69668058.94 698208587.3
MOTO HOSPITALITY 1344378Z LN -271958905.3 941107670.9
MOUCHEL GROUP PL MCHL BQ -62837312.61 491359437
MOUCHEL GROUP PL MCHLEUR EU -62837312.61 491359437
MOUCHEL GROUP PL MCHLEUR EO -62837312.61 491359437
MOUCHEL GROUP PL MCHL PZ -62837312.61 491359437
MOUCHEL GROUP PL MCHL NQ -62837312.61 491359437
MOUCHEL GROUP PL MOUCF US -62837312.61 491359437
MOUCHEL GROUP PL MCHL EU -62837312.61 491359437
MOUCHEL GROUP PL MCHL TQ -62837312.61 491359437
MOUCHEL GROUP PL MCHL LN -62837312.61 491359437
MOUCHEL GROUP PL MCHL S1 -62837312.61 491359437
MOUCHEL GROUP PL MCHL EB -62837312.61 491359437
MOUCHEL GROUP PL MCHLGBP EO -62837312.61 491359437
MOUCHEL GROUP PL MCHL IX -62837312.61 491359437
MOUCHEL GROUP PL MCHL QM -62837312.61 491359437
MOUCHEL GROUP PL MCHL NR -62837312.61 491359437
MOUCHEL GROUP PL MCHL VX -62837312.61 491359437
MOUCHEL GROUP PL MO6 GR -62837312.61 491359437
MOUCHEL GROUP PL MCHL EO -62837312.61 491359437
MOUCHEL PARKMAN MCHL PO -62837312.61 491359437
MYTRAVEL GROUP MT/S VX -379721780.5 1817512774
MYTRAVEL GROUP ARO2 GR -379721780.5 1817512774
MYTRAVEL GROUP MYTPF US -379721780.5 1817512774
MYTRAVEL GROUP MT/S LN -379721780.5 1817512774
MYTRAVEL GROUP 3544280Q IX -379721780.5 1817512774
MYTRAVEL GROUP MT/S PO -379721780.5 1817512774
MYTRAVEL GROUP P 1018144Q GR -379721780.5 1817512774
MYTRAVEL GROUP P MYTGF US -379721780.5 1817512774
MYTRAVEL GROUP P MT/ LN -379721780.5 1817512774
MYTRAVEL GROUP P MT/ VX -379721780.5 1817512774
MYTRAVEL GROUP-A MYTVF US -379721780.5 1817512774
MYTRAVEL GROUP-A 2281919Q GR -379721780.5 1817512774
MYTRAVEL TOUR OP 1190295Z LN -1444587831 1560632416
NATIONS HEALTHCA 623142Z LN -73694956.7 114365932.5
NCR LTD 3083521Z LN -312454220.3 410209794.2
NDS GROUP HOLDIN 0112196D US -720982016 649305984
NDS GROUP HOLDIN NDSG US -720982016 649305984
NESTLE UK LTD 1274562Z LN -431385112.4 1655061910
NEW LOOK RETAIL 2711544Z LN -463020028.6 2346673230
NEW STAR ASSET 3226447Q EO -397718038 292972732.1
NEW STAR ASSET 3226431Q EU -397718038 292972732.1
NEW STAR ASSET 3226435Q EO -397718038 292972732.1
NEW STAR ASSET 3226443Q EO -397718038 292972732.1
NEW STAR ASSET NSAM IX -397718038 292972732.1
NEW STAR ASSET NSAM PZ -397718038 292972732.1
NEW STAR ASSET NSAM TQ -397718038 292972732.1
NEW STAR ASSET 3226439Q EU -397718038 292972732.1
NEW STAR ASSET NSAA LN -397718038 292972732.1
NEW STAR ASSET NSAM LN -397718038 292972732.1
NEW STAR ASSET N6S GR -397718038 292972732.1
NEW STAR ASSET NSAM PO -397718038 292972732.1
NEW STAR ASSET NWSAF US -397718038 292972732.1
NEWCASTLE UNITED 4380361Z LN -102558583.4 184539911.8
NEWCASTLE UNITED 1060322Z LN -112290583.6 186651205.2
NORBAIN GROUP LT 4007676Z LN -15436972.45 108956420.2
NORTHERN FO-ASSD NFDA LN -70166103.48 924672036.4
NORTHERN FOODS NFDS BQ -70166103.48 924672036.4
NORTHERN FOODS NFO GK -70166103.48 924672036.4
NORTHERN FOODS NFO GR -70166103.48 924672036.4
NORTHERN FOODS NFDS IX -70166103.48 924672036.4
NORTHERN FOODS NFDS EB -70166103.48 924672036.4
NORTHERN FOODS NFDS NR -70166103.48 924672036.4
NORTHERN FOODS NFDS EU -70166103.48 924672036.4
NORTHERN FOODS NTFOF US -70166103.48 924672036.4
NORTHERN FOODS NFDS PO -70166103.48 924672036.4
NORTHERN FOODS NFDSUSD EU -70166103.48 924672036.4
NORTHERN FOODS NFDSEUR EO -70166103.48 924672036.4
NORTHERN FOODS NFDSUSD EO -70166103.48 924672036.4
NORTHERN FOODS NFDS VX -70166103.48 924672036.4
NORTHERN FOODS NFDSGBP EO -70166103.48 924672036.4
NORTHERN FOODS NFDS TQ -70166103.48 924672036.4
NORTHERN FOODS NFDSEUR EU -70166103.48 924672036.4
NORTHERN FOODS NFDS LN -70166103.48 924672036.4
NORTHERN FOODS NFDS NQ -70166103.48 924672036.4
NORTHERN FOODS NFDS EO -70166103.48 924672036.4
NORTHERN FOODS NFDS PZ -70166103.48 924672036.4
NORTHERN FOODS NFDS QM -70166103.48 924672036.4
NORTHERN FOODS NFDS S1 -70166103.48 924672036.4
NORTHERN FOODS P NFDR LN -70166103.48 924672036.4
NORTHERN FOO-NEW NFDN LN -70166103.48 924672036.4
NORTHERN FOO-RFD 650060Q LN -70166103.48 924672036.4
NOVAR ED&S LTD 1286578Z LN -12362003.04 176723922
NOVELIS UK LTD 1295610Z LN -29354907.35 167393334.2
NPIL HOLDCO LTD 3641071Z LN -174437379.8 865144704.3
NPOWER GAS LTD 1689816Z LN -381274433.9 500408294.4
NPOWER LTD 1185599Z LN -399535772.9 3443512739
ODEON AND UCI CI 3489372Z LN -9566081.035 1177725714
O-I MANUFACTURIN 1320610Z LN -7063615.875 126090273.5
OPTIMUM CARE LTD 3951796Z LN -23827846.5 131314548.6
ORANGE LTD 951641Q LN -593935104.1 2902299502
ORANGE PLC 1460Q GR -593935104.1 2902299502
ORANGE PLC ORNGF US -593935104.1 2902299502
ORANGE PLC-ADR ORNGY US -593935104.1 2902299502
ORANGE PLC-ADR 0212530D GR -593935104.1 2902299502
ORANGE PLC-ADR ORA$ LN -593935104.1 2902299502
ORBIS PLC RLP GR -4168493.8 127701679.5
ORBIS PLC OBS PZ -4168493.8 127701679.5
ORBIS PLC OBS PO -4168493.8 127701679.5
ORBIS PLC OBG PO -4168493.8 127701679.5
ORBIS PLC OBS LN -4168493.8 127701679.5
ORBIS PLC OBS IX -4168493.8 127701679.5
ORBIS PLC ORBSF US -4168493.8 127701679.5
OUTDOOR GROUP LT 1318338Z LN -31903137.7 118192441
PARK FOOD GROUP PKFD LN -25106261.06 129310037.5
PARK GROUP PLC PKG VX -25106261.06 129310037.5
PARK GROUP PLC PKG LN -25106261.06 129310037.5
PARK GROUP PLC PKGGBP EO -25106261.06 129310037.5
PARK GROUP PLC PKG PO -25106261.06 129310037.5
PARK GROUP PLC PKG EO -25106261.06 129310037.5
PARK GROUP PLC PKG EU -25106261.06 129310037.5
PARK GROUP PLC PRKG IX -25106261.06 129310037.5
PARK GROUP PLC PRKGF US -25106261.06 129310037.5
PARK GROUP PLC PKG PZ -25106261.06 129310037.5
PARTNERSHIPS IN 551109Z LN -14369275.52 130118066.9
PATIENTLINE PLC PTL PZ -54677284.64 124948245.8
PATIENTLINE PLC PTL PO -54677284.64 124948245.8
PATIENTLINE PLC PTL IX -54677284.64 124948245.8
PATIENTLINE PLC 2928903Q EU -54677284.64 124948245.8
PATIENTLINE PLC 2928907Q EO -54677284.64 124948245.8
PATIENTLINE PLC PTL LN -54677284.64 124948245.8
PATIENTLINE PLC PTL VX -54677284.64 124948245.8
PATIENTLINE PLC 2928899Q EO -54677284.64 124948245.8
PD PORT SERVICES 1407442Z LN -25765273.42 161208354.8
PD PORTCO LTD 3233785Z LN -119608128.7 1023253296
PENDRAGON PREMIE 1858506Z LN -9649115.162 154892542
PEUGEOT CITROEN 1974702Z LN -72708407.45 266912249
PHS GROUP HOLDIN 3173182Z LN -211011146 1915467185
PHS GROUP PLC 592449Z LN -211011146 1915467185
PIPEX UK LTD 3956092Z LN -94417178.6 115954049.3
PLACES FOR PEOPL 1914158Z LN -73518044.71 609139900.7
PLANNED MAINTENA 1344714Z LN -57648953.97 148147314.6
PLUS HOUSING GRO 4015788Z LN -10023120.58 371941616.5
PORTSMOUTH FOOTB 2253627Z LN -93977761.27 177073811.1
POST OFFICE LTD 1542650Z LN -810274769.8 1745713935
POWERCORP INTERN 4449033Z LN -9367176.049 129787793.6
PREMIER PROPERTY 4006740Z LN -154087010.7 766206481.6
PRESTBURY WENTWO 3814856Z LN -84753043.56 659529899
PRINOVIS LIVERPO 2074147Z LN -2988243.19 248605708.8
PRODUCTION SERVI 2278723Z LN -2446188.672 198707226.6
PROSTRAKAN GROUP PSK VX -9666264.987 134080449.8
PROSTRAKAN GROUP PSK IX -9666264.987 134080449.8
PROSTRAKAN GROUP PSK PO -9666264.987 134080449.8
PROSTRAKAN GROUP PSK LN -9666264.987 134080449.8
PROSTRAKAN GROUP PSKEUR EO -9666264.987 134080449.8
PROSTRAKAN GROUP PSKGBP EO -9666264.987 134080449.8
PROSTRAKAN GROUP PSK EU -9666264.987 134080449.8
PROSTRAKAN GROUP PSK PZ -9666264.987 134080449.8
PROSTRAKAN GROUP PSK S1 -9666264.987 134080449.8
PROSTRAKAN GROUP PSKEUR EU -9666264.987 134080449.8
PROSTRAKAN GROUP PKNGF US -9666264.987 134080449.8
PROSTRAKAN GROUP PSK EO -9666264.987 134080449.8
QHOTELS GROUP LT 759287Z LN -184737716 699448824.7
QUINN BUILDING P 3949900Z LN -103500752.8 1203590333
QUINN RADIATORS 1405898Z LN -237606147.8 154925282.5
R&R ICE CREAM LT 3624280Z LN -111988803.7 916794825.4
RANDSTAD EMPLOYM 1585810Z LN -26968879.31 105042678
RAYTHEON SYSTEMS 1068610Z LN -32601425.32 346298511
RBS MEZZANINE LT 2198564Z LN -96650177.27 156895953.3
REGARD HOLDINGS 4157517Z LN -2678709.275 159772566.2
REGUS LTD 273187Q LN -46111832.15 367181111
REGUS PLC 2296Z LN -46111832.15 367181111
REGUS PLC REGSF US -46111832.15 367181111
REGUS PLC 273195Q VX -46111832.15 367181111
REGUS PLC RGU GR -46111832.15 367181111
REGUS PLC-ADS REGSY US -46111832.15 367181111
REGUS PLC-ADS REGSV US -46111832.15 367181111
REGUS PLC-ADS REGS US -46111832.15 367181111
REGUS PLC-ADS RGUA GR -46111832.15 367181111
RENTOKIL INITIAL RTO EB -265497954 2695753100
RENTOKIL INITIAL RTOEUR EO -265497954 2695753100
RENTOKIL INITIAL RTO IX -265497954 2695753100
RENTOKIL INITIAL RTO NR -265497954 2695753100
RENTOKIL INITIAL RTO S1 -265497954 2695753100
RENTOKIL INITIAL RTO1 GR -265497954 2695753100
RENTOKIL INITIAL RTO QM -265497954 2695753100
RENTOKIL INITIAL RKLIF US -265497954 2695753100
RENTOKIL INITIAL RTO BQ -265497954 2695753100
RENTOKIL INITIAL RTOUSD EO -265497954 2695753100
RENTOKIL INITIAL RTO LN -265497954 2695753100
RENTOKIL INITIAL RTO EU -265497954 2695753100
RENTOKIL INITIAL RTO TQ -265497954 2695753100
RENTOKIL INITIAL RTOGBP EO -265497954 2695753100
RENTOKIL INITIAL RTOPEN EU -265497954 2695753100
RENTOKIL INITIAL RTO PO -265497954 2695753100
RENTOKIL INITIAL RTO1 GK -265497954 2695753100
RENTOKIL INITIAL RTO NQ -265497954 2695753100
RENTOKIL INITIAL RTOPEN EO -265497954 2695753100
RENTOKIL INITIAL RTO GR -265497954 2695753100
RENTOKIL INITIAL RTO PZ -265497954 2695753100
RENTOKIL INITIAL RTO VX -265497954 2695753100
RENTOKIL INITIAL RTOUSD EU -265497954 2695753100
RENTOKIL INITIAL RTO1 EO -265497954 2695753100
RENTOKIL INITIAL RTO EO -265497954 2695753100
RENTOKIL INITIAL RTOG IX -265497954 2695753100
RENTOKIL INITIAL RTOKF US -265497954 2695753100
RENTOKIL INITIAL RTOEUR EU -265497954 2695753100
RENTOKIL-SP ADR RTOKY US -265497954 2695753100
RENTOKIL-SP ADR AP76 LI -265497954 2695753100
REXAM BEVERAGE C 1120903Z LN -15123027.48 118921563.6
ROAD MGMT CONS 1239Z LN -24813.99918 315561166
ROSEMONT HOLDING 4391905Z LN -34807182.85 158222622.5
ROSYTH ROYAL DOC 2184524Z LN -38831265.46 176808921.7
ROYAL BANK LEASI 2177244Z LN -96708288.01 12689075410
ROYAL MAIL HOLDI 3900202Z LN -4979588987 9290852179
SAFFRON HOUSING 4448377Z LN -3777866.1 124457507.9
SCOTTISH MEDIA SSMR LN -44693985.16 126240905.5
SCOTTISH MEDIA SSM LN -44693985.16 126240905.5
SCOTTISH MEDIA 1442Q GR -44693985.16 126240905.5
SCOTTISH TELEV SCTVF US -44693985.16 126240905.5
SCOTTISHPOWER EN 2211292Z LN -85593217.38 2705930566
SCOTTS CO UK LTD 1154459Z LN -42301127.16 119882290.9
SETON HEALTHCARE 2290Z LN -10585183.94 156822902.8
SEVERN VALE HOUS 4287717Z LN -43910018.24 115584900.8
SFI GROUP PLC SUF LN -108067115.8 177647536.1
SFI GROUP PLC SUYFF US -108067115.8 177647536.1
SHEFFIELD UNITED 1275418Z LN -17712590.52 101590746.2
SIMON CARVES LTD 1209367Z LN -309426997.2 105356699.7
SKANDIA LIFE BUS 1451642Z LN -16563612.78 132120692.5
SLP ENGINEERING 1855186Z LN -32035150.2 111509874.7
SMG PLC SMG LN -44693985.16 126240905.5
SMG PLC SMG PO -44693985.16 126240905.5
SMG PLC-FUL PAID SMGF LN -44693985.16 126240905.5
SMG PLC-NIL PAID SMGN LN -44693985.16 126240905.5
SMITHS NEWS PLC NWS6 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS S1 -82175781.01 424997909.9
SMITHS NEWS PLC NWS2GBP EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS9 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS PO -82175781.01 424997909.9
SMITHS NEWS PLC NWS2 TQ -82175781.01 424997909.9
SMITHS NEWS PLC NWS PZ -82175781.01 424997909.9
SMITHS NEWS PLC NWS10 EO -82175781.01 424997909.9
SMITHS NEWS PLC SMWPF US -82175781.01 424997909.9
SMITHS NEWS PLC NWS IX -82175781.01 424997909.9
SMITHS NEWS PLC NWS11 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS12 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS2 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS2EUR EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS LN -82175781.01 424997909.9
SMITHS NEWS PLC NWS2EUR EU -82175781.01 424997909.9
SMITHS NEWS PLC NWS8 EO -82175781.01 424997909.9
SMITHS NEWS PLC SMWPY US -82175781.01 424997909.9
SMITHS NEWS PLC NWS1 BQ -82175781.01 424997909.9
SMITHS NEWS PLC NWS1GBP EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS7 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS1 EU -82175781.01 424997909.9
SMITHS NEWS PLC NWS1 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS5 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS4 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS13 EO -82175781.01 424997909.9
SMITHS NEWS PLC NWS VX -82175781.01 424997909.9
SONY COMPUTER EN 3893902Z LN -533552800 1312733888
SONY UNITED KING 1591658Z LN -1219147829 2550391748
SOUTH STAFFORDSH 4049781Z LN -12127094.81 148602864.7
SOUTHERN CROSS SCHEEUR EO -456945463.9 226544692
SOUTHERN CROSS SCHE EO -456945463.9 226544692
SOUTHERN CROSS SCHEUSD EU -456945463.9 226544692
SOUTHERN CROSS SCHE8 EO -456945463.9 226544692
SOUTHERN CROSS SCHE EU -456945463.9 226544692
SOUTHERN CROSS SCHE NQ -456945463.9 226544692
SOUTHERN CROSS SCHE PZ -456945463.9 226544692
SOUTHERN CROSS SOCHF US -456945463.9 226544692
SOUTHERN CROSS SCHE QM -456945463.9 226544692
SOUTHERN CROSS SCHE2 EO -456945463.9 226544692
SOUTHERN CROSS SCH3 EO -456945463.9 226544692
SOUTHERN CROSS SCHE7 EO -456945463.9 226544692
SOUTHERN CROSS SCHE VX -456945463.9 226544692
SOUTHERN CROSS SCH4 EO -456945463.9 226544692
SOUTHERN CROSS SCHE TQ -456945463.9 226544692
SOUTHERN CROSS SCHE3 EO -456945463.9 226544692
SOUTHERN CROSS SCHE S1 -456945463.9 226544692
SOUTHERN CROSS SCHE LN -456945463.9 226544692
SOUTHERN CROSS SCHE NR -456945463.9 226544692
SOUTHERN CROSS SCHE5 EO -456945463.9 226544692
SOUTHERN CROSS SCHE6 EO -456945463.9 226544692
SOUTHERN CROSS F2Z TH -456945463.9 226544692
SOUTHERN CROSS SCHE BQ -456945463.9 226544692
SOUTHERN CROSS SCHE4 EO -456945463.9 226544692
SOUTHERN CROSS SCHEEUR EU -456945463.9 226544692
SOUTHERN CROSS SCHE EB -456945463.9 226544692
SOUTHERN CROSS SCH5 EO -456945463.9 226544692
SOUTHERN CROSS F2Z GR -456945463.9 226544692
SOUTHERN CROSS SCHE PO -456945463.9 226544692
SOUTHERN CROSS SCHE IX -456945463.9 226544692
SOUTHERN CROSS SCHEUSD EO -456945463.9 226544692
SOUTHERN CROSS SCHEGBP EO -456945463.9 226544692
SOUTHERN ELECTRI 2635379Z LN -102487682 1339407981
SPEAR GROUP HOLD 4470999Z LN -91133585.59 140447896.6
SPEEDY SUPPORT S 1601730Z LN -34304692.53 146096457.3
SQUARE ENIX LTD 1826770Z LN -223995033.8 278955082.2
SR TECHNICS UK L 2900250Z LN -143296142.1 116171355.3
STAGECOACH GROUP SGC1PEN EU -93023113.56 2711144845
STAGECOACH GROUP SGC IX -93023113.56 2711144845
STAGECOACH GROUP SAGKF US -93023113.56 2711144845
STAGECOACH GROUP SGC1USD EU -93023113.56 2711144845
STAGECOACH GROUP SGCG PZ -93023113.56 2711144845
STAGECOACH GROUP SGC1EUR EO -93023113.56 2711144845
STAGECOACH GROUP SGC1EUR EU -93023113.56 2711144845
STAGECOACH GROUP SGC2 VX -93023113.56 2711144845
STAGECOACH GROUP SGC1USD EO -93023113.56 2711144845
STAGECOACH GROUP SGC1AUD EU -93023113.56 2711144845
STAGECOACH GROUP SGC S1 -93023113.56 2711144845
STAGECOACH GROUP SGC1 EB -93023113.56 2711144845
STAGECOACH GROUP SGC1AUD EO -93023113.56 2711144845
STAGECOACH GROUP SGC1 TQ -93023113.56 2711144845
STAGECOACH GROUP SGC1GBP EO -93023113.56 2711144845
STAGECOACH GROUP SGC1 EU -93023113.56 2711144845
STAGECOACH GROUP SGC PO -93023113.56 2711144845
STAGECOACH GROUP SGC1 QM -93023113.56 2711144845
STAGECOACH GROUP SGC LN -93023113.56 2711144845
STAGECOACH GROUP SGC1 NQ -93023113.56 2711144845
STAGECOACH GROUP SGC1 NR -93023113.56 2711144845
STAGECOACH GROUP SGC1 BQ -93023113.56 2711144845
STAGECOACH GROUP SHP GR -93023113.56 2711144845
STAGECOACH GROUP SGC1PEN EO -93023113.56 2711144845
STAGECOACH GROUP SHP4 GR -93023113.56 2711144845
STAGECOACH GROUP SHP5 GR -93023113.56 2711144845
STAGECOACH GROUP SGC1 EO -93023113.56 2711144845
STAGECOACH GROUP SHP4 GK -93023113.56 2711144845
STAGECOACH GRP-B SGCB LN -93023113.56 2711144845
STAGECOACH-NEW SGCN LN -93023113.56 2711144845
STAGECOA-SPN ADR SAGKY US -93023113.56 2711144845
STJAMES'S PLACE 4451825Z LN -40027613.56 444219054.8
STV GROUP PLC SMG VX -44693985.16 126240905.5
STV GROUP PLC STVG EO -44693985.16 126240905.5
STV GROUP PLC STVGEUR EU -44693985.16 126240905.5
STV GROUP PLC STVG VX -44693985.16 126240905.5
STV GROUP PLC STVGGBP EO -44693985.16 126240905.5
STV GROUP PLC STVG S1 -44693985.16 126240905.5
STV GROUP PLC SMGPF US -44693985.16 126240905.5
STV GROUP PLC STVGEUR EO -44693985.16 126240905.5
STV GROUP PLC STVG EU -44693985.16 126240905.5
STV GROUP PLC STVG LN -44693985.16 126240905.5
STV GROUP PLC SMG PZ -44693985.16 126240905.5
STV GROUP PLC SMG IX -44693985.16 126240905.5
SUN CHEMICAL LTD 2569274Z LN -21504458.55 276424178.5
SUNDERLAND ASSOC 1274418Z LN -30559441.44 144949782.5
SUNSAIL LTD 1092666Z LN -37047891.81 193976501.7
SUNSEEKER INTERN 820741Z LN -7756394.619 227371284.6
SWIFT TECHNICAL 4287133Z LN -34723772.77 138665319.9
TATA CMMNCTNS UK 2534722Z LN -43763935.47 114567535.7
TDL INFOMEDIA 3362Z LN -25723860.05 136762955.6
TELEWEST COM-ADR TWSTY US -3702234581 7581020925
TELEWEST COM-ADR TWSTD US -3702234581 7581020925
TELEWEST COM-ADR 940767Q GR -3702234581 7581020925
TELEWEST COM-ADR TWT$ LN -3702234581 7581020925
TELEWEST COMM TWSTF US -3702234581 7581020925
TELEWEST COMM 715382Q LN -3702234581 7581020925
TELEWEST COMM 604296Q GR -3702234581 7581020925
TELEWEST COMM TWT VX -3702234581 7581020925
TELEWEST COMMUNI 1646328Z LN -287113015.3 868389208
TELEWEST COMMUNI 1608194Z LN -113079709.6 9113744374
THALES CORPORATE 1083706Z LN -65658884.46 829798983.7
THALES RAIL SIGN 2812334Z LN -29298137.36 106623580
THALES TELECOMMU 1163839Z LN -5826263.267 245379695.8
THORN EMI PLC THNE FP -2265916257 2950021937
THORN EMI-ADR THN$ LN -2265916257 2950021937
THORN EMI-ADR TORNY US -2265916257 2950021937
THORN EMI-CDR THN NA -2265916257 2950021937
THORN EMI-REGD 1772Q GR -2265916257 2950021937
TIMES NEWSPAPERS 2343939Z LN -719564696.3 649314828.6
TOPPS TILES PLC TPT8 EO -36503224.29 140534295.2
TOPPS TILES PLC TPTJY US -36503224.29 140534295.2
TOPPS TILES PLC TPT EU -36503224.29 140534295.2
TOPPS TILES PLC TPT BQ -36503224.29 140534295.2
TOPPS TILES PLC TPT10 EO -36503224.29 140534295.2
TOPPS TILES PLC TPT2 EO -36503224.29 140534295.2
TOPPS TILES PLC TPT1 EO -36503224.29 140534295.2
TOPPS TILES PLC TPTEUR EU -36503224.29 140534295.2
TOPPS TILES PLC TPTGBP EO -36503224.29 140534295.2
TOPPS TILES PLC TPT PO -36503224.29 140534295.2
TOPPS TILES PLC TPT VX -36503224.29 140534295.2
TOPPS TILES PLC TPT7 EO -36503224.29 140534295.2
TOPPS TILES PLC TPTEUR EO -36503224.29 140534295.2
TOPPS TILES PLC TPT5 EO -36503224.29 140534295.2
TOPPS TILES PLC TPT3 EO -36503224.29 140534295.2
TOPPS TILES PLC TPT IX -36503224.29 140534295.2
TOPPS TILES PLC TPT EO -36503224.29 140534295.2
TOPPS TILES PLC TPT6 EO -36503224.29 140534295.2
TOPPS TILES PLC TPT LN -36503224.29 140534295.2
TOPPS TILES PLC TPT PZ -36503224.29 140534295.2
TOPPS TILES PLC TPT9 EO -36503224.29 140534295.2
TOPPS TILES PLC TPT S1 -36503224.29 140534295.2
TOPPS TILES PLC TPT TQ -36503224.29 140534295.2
TOPPS TILES PLC TPT4 EO -36503224.29 140534295.2
TOPPS TILES PLC TPTJF US -36503224.29 140534295.2
TOPPS TILES-NEW TPTN LN -36503224.29 140534295.2
TOTAL UK LTD 3897130Z LN -61225906.13 2907445594
TRAVELEX HOLDING 2917958Z LN -1345481723 2560468919
TRAVELODGE LTD 3471462Z LN -515411329.9 1254613472
TRINITY MIRROR P 1511258Z LN -138612680.8 1045091625
TUBE LINES FINAN 1241207Z LN -2914999.962 2408518672
TUI UK LTD 1653824Z LN -913811298.8 5088088830
TYCO HEALTHCARE 1066794Z LN -13601743.4 333686519
UNILEVER UK CENT 1273034Z LN -1509554086 6927634057
UNIQ PREPARED FO 1077122Z LN -96788934.94 206496365.3
UNITED BISCUITS 3193858Z LN -273729428.4 3257147468
UNIVERSAL LEASIN 2581586Z LN -28690420.23 155128729.2
UNIVERSAL PICTUR 1083202Z LN -42445816.82 120867289.2
UTC GROUP UGR LN -11904428.42 203548565
VINK HOLDINGS LT 4380233Z LN -13477348.26 132005020.2
VIRGIN HOTELS GR 4288389Z LN -30191249.31 109995632.6
VIRGIN MOB-ASSD VMOC LN -392165409.3 166070003.7
VIRGIN MOB-ASSD VMOA LN -392165409.3 166070003.7
VIRGIN MOBILE VMOB LN -392165409.3 166070003.7
VIRGIN MOBILE VGMHF US -392165409.3 166070003.7
VIRGIN MOBILE VMOB PO -392165409.3 166070003.7
VIRGIN MOBILE VMOB VX -392165409.3 166070003.7
VIRGIN MOBILE UEM GR -392165409.3 166070003.7
VIRGIN WINGS LTD 4500155Z LN -410616776.7 5155268566
VOLUTION GROUP L 4453393Z LN -44375617.45 212542790.8
VOYAGE GROUP LTD 4168725Z LN -89543682.76 572205624
WARNER ESTATE WRL GR -80276070.4 344291592.8
WARNER ESTATE WNER PZ -80276070.4 344291592.8
WARNER ESTATE WNEHF US -80276070.4 344291592.8
WARNER ESTATE WNER VX -80276070.4 344291592.8
WARNER ESTATE WNER EO -80276070.4 344291592.8
WARNER ESTATE WNER LN -80276070.4 344291592.8
WARNER ESTATE WNERGBP EO -80276070.4 344291592.8
WARNER ESTATE WNER PO -80276070.4 344291592.8
WARNER ESTATE WNER IX -80276070.4 344291592.8
WARNER ESTATE WNER EU -80276070.4 344291592.8
WATSON & PHILIP WTSN LN -120493900 252232072.9
WEAVER VALE HOUS 3953220Z LN -60271595.72 104022836.2
WESCOT TOPCO LTD 4007020Z LN -28467510.91 115035189
WEST HAM UNITED 1275834Z LN -60233495.23 174701255.1
WHELCO HOLDINGS 2741744Z LN -1295249.714 100781831
WHITE HART LANE 2004631Z LN -2707112.668 144247464.4
WIGHTLINK LTD 1385642Z LN -15131435.92 231775265.6
WILLIAM HILL-W/I 605547Q US -59180694.37 1343662688
WILLIAM HILL-W/I 101001Q LN -59180694.37 1343662688
WINCANTON PL-ADR WNCNY US -429205125.4 907823159.4
WINCANTON PLC WIN1 S1 -429205125.4 907823159.4
WINCANTON PLC WIN IX -429205125.4 907823159.4
WINCANTON PLC WIN12 EO -429205125.4 907823159.4
WINCANTON PLC WIN LN -429205125.4 907823159.4
WINCANTON PLC WIN10 EO -429205125.4 907823159.4
WINCANTON PLC WIN1EUR EO -429205125.4 907823159.4
WINCANTON PLC WIN1 TQ -429205125.4 907823159.4
WINCANTON PLC WIN1EUR EU -429205125.4 907823159.4
WINCANTON PLC WIN1 EU -429205125.4 907823159.4
WINCANTON PLC WIN1 EO -429205125.4 907823159.4
WINCANTON PLC WIN1USD EU -429205125.4 907823159.4
WINCANTON PLC WIN PO -429205125.4 907823159.4
WINCANTON PLC WIN9 EO -429205125.4 907823159.4
WINCANTON PLC WIN6 EO -429205125.4 907823159.4
WINCANTON PLC WIN13 EO -429205125.4 907823159.4
WINCANTON PLC WIN1GBP EO -429205125.4 907823159.4
WINCANTON PLC WIN1 QM -429205125.4 907823159.4
WINCANTON PLC WIN4 EO -429205125.4 907823159.4
WINCANTON PLC WIN5 EO -429205125.4 907823159.4
WINCANTON PLC WIN11 EO -429205125.4 907823159.4
WINCANTON PLC WIN7 EO -429205125.4 907823159.4
WINCANTON PLC WNCNF US -429205125.4 907823159.4
WINCANTON PLC WIN1 BQ -429205125.4 907823159.4
WINCANTON PLC WIN1 EB -429205125.4 907823159.4
WINCANTON PLC WIN VX -429205125.4 907823159.4
WINCANTON PLC WIN1 NQ -429205125.4 907823159.4
WINCANTON PLC WIN PZ -429205125.4 907823159.4
WINCANTON PLC WIN1USD EO -429205125.4 907823159.4
WINCANTON PLC WIN8 EO -429205125.4 907823159.4
WINDSOR TELEVISI 1475394Z LN -249144874.4 319668047.9
WINTERTHUR FINAN 1353474Z LN -5097471.01 146472274
XCHANGING UK LTD 1814130Z LN -33399235.51 334395990.3
XSTRATA SERVICES 1975918Z LN -96321998.22 192299104.1
YANG MING UK LTD 1756777Z LN -38774828.18 293310550.5
YARLINGTON HOUSI 4435313Z LN -18443811.91 276648958.8
YOUNG'S BLUECRES 1841386Z LN -45872663.66 308087238.8
ZURICH EMPLOYMEN 1292298Z LN -122911831.6 159138559.6
*********
Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par. Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable. Those sources may not,
however, be complete or accurate. The Monday Bond Pricing table
is compiled on the Friday prior to publication. Prices reported
are not intended to reflect actual trades. Prices for actual
trades are probably different. Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind. It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.
Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than US$3 per
share in public markets. At first glance, this list may look
like the definitive compilation of stocks that are ideal to sell
short. Don't be fooled. Assets, for example, reported at
historical cost net of depreciation may understate the true value
of a firm's assets. A company may establish reserves on its
balance sheet for liabilities that may never materialize. The
prices at which equity securities trade in public market are
determined by more than a balance sheet solvency test.
A list of Meetings, Conferences and Seminars appears in each
Thursday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged. Send announcements to
conferences@bankrupt.com
Each Friday's edition of the TCR includes a review about a book
of interest to troubled company professionals. All titles are
available at your local bookstore or through Amazon.com. Go to
http://www.bankrupt.com/booksto order any title today.
*********
S U B S C R I P T I O N I N F O R M A T I O N
Troubled Company Reporter-Europe is a daily newsletter co-
published by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland
USA. Valerie U. Pascual, Marites O. Claro, Rousel Elaine T.
Fernandez, Joy A. Agravante, Ivy B. Magdadaro, Frauline S.
Abangan and Peter A. Chapman, Editors.
Copyright 2012. All rights reserved. ISSN 1529-2754.
This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.
Information contained herein is obtained from sources believed to
be reliable, but is not guaranteed.
The TCR Europe subscription rate is US$625 per half-year,
delivered via e-mail. Additional e-mail subscriptions for
members of the same firm for the term of the initial subscription
or balance thereof are US$25 each. For subscription information,
contact Peter Chapman at 240/629-3300.
* * * End of Transmission * * *