TCREUR_Public/141216.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, December 16, 2014, Vol. 15, No. 248

                            Headlines

A Z E R B A I J A N

INTERNATIONAL BANK: Fitch Affirms 'BB' IDR; Outlook Stable


B U L G A R I A

BULGARIA: S&P Cuts Sovereign Ratings to 'BB+/B'; Outlook Stable
PERNIK CITY: Mayor Says Municipality Bankrupt Over Debt


G E R M A N Y

TAURUS CMBS 2006-1: Fitch Lowers Rating on Class B Notes to 'Csf'
TAURUS CMBS 2006-3: S&P Cuts Rating on Class A Notes to 'B+'


G R E E C E

GREECE: DBRS Confirms 'B' Long-Term Currency Issuer Ratings


I R E L A N D

CREGSTAR BIDCO: S&P Assigns 'B' Long-Term Corporate Credit Rating
DECO 17: S&P Lowers Ratings on Two Note Classes to 'CC(sf)'
PREPS 2005-2: Fitch Lowers Ratings on 2 Note Classes to 'Dsf'


I T A L Y

UNIPOL GRUPPO: S&P Lowers Counterparty Credit Rating to 'BB'


K A Z A K H S T A N

KAZAKHMYS INSURANCE: Fitch Corrects December 11 Rating Release


N E T H E R L A N D S

KHAMSIN CREDIT: S&P Cuts Ratings on 4 Note Tranches to 'CCC-'


N O R W A Y

NORECO: Suspends Shares Trading; May Default on December Payment


P O L A N D

SKOK WOLOMIN: KNF Seeks Court Approval for Bankruptcy Motion


P O R T U G A L

CIMPOR CIMENTOS: S&P Withdraws 'BB' Ratings on Company's Request


R U S S I A

MOSCOW UNITED: Fitch Affirms 'BB+' IDR; Outlook Stable
* S&P Applies Revised Criteria to 6 Russia-Focused Securities


S L O V E N I A

MAKSIM HOLDING: Faces Delisting Due to Bankruptcy


S P A I N

CAR RENTALS: S&P Assigns Preliminary 'B' CCR; Outlook Stable
SNIACE SA: Common Phase of Insolvency Process Concluded


T U R K E Y

MUNICIPALITY OF BURSA: Fitch Affirms 'BB' IDR; Outlook Stable


U K R A I N E

VAB BANK: Oleg Bakhmatyuk to Put Forward Resolution Proposals
VTB BANK: Fitch Affirms Then Withdraws CCC Issuer Default Rating


U N I T E D   K I N G D O M

CPUK FINANCE: S&P Puts 'BB+' Rating on CreditWatch Negative
INDUS PLC: Fitch Lowers Rating on Class C Notes to 'Csf'
MARUSSIA F1: Items to be Auctioned Off
MIVAN: Former Workers Won Payout Worth GBP2,500 Each, Union Says
PRIORY GROUP 3: Fitch Raises Rating on Senior Notes to 'BB+'

RICHARD FLETCHER: Jobs Go as Scrap Metal Dealer Shuts
TOWERGATE HOLDINGS: Moody's Cuts Corporate Family Rating to Caa3


X X X X X X X X

* S&P Applies Revised Criteria to 5 European Nonbank Companies
* S&P Applies Revised Criteria to 11 EMEA Finance Companies
* Large Companies with Insolvent Balance Sheets


                            *********


===================
A Z E R B A I J A N
===================


INTERNATIONAL BANK: Fitch Affirms 'BB' IDR; Outlook Stable
----------------------------------------------------------
Fitch Ratings has affirmed International Bank of Azerbaijan's
(IBA) Long-term Issuer Default Ratings (IDRs) at 'BB', and
Kapital Bank (KB) and Pasha Bank (PB) at 'B+'.  All three banks
have Stable Outlooks.  Fitch has also upgraded KB's Viability
Rating (VR) to 'b' from 'b-'.

KEY RATING DRIVERS -- ALL BANKS' IDRS AND VIABILITY RATINGS (VRs)

The rating actions reflect the stability of the broader economy
and the sovereign credit profile to date; Azerbaijan is rated
BBB-/Stable.  In Fitch's view, the strong sovereign balance sheet
and sizable State Oil Fund provide a significant cushion against
the decline in oil prices.  Despite lower oil revenues, the
government's policy response is expected to be relatively modest,
so that growth will continue to benefit from fiscal support in
the form of high public capital expenditure.  However, a
prolonged period of low oil prices could ultimately result in
significant reductions in budget spending, which has been the
major growth driver for the non-oil economy and supported bank
lending and asset quality to date.  Liquidity in the sector is
adequate, underpinned by banks' reasonable deposit collection
capacity and limited market wholesale funding (with the notable
exception of IBA).

The relatively high risk operating environment constrains the VRs
of local banks at quite low levels.  Fitch assesses the
environment as high risk in light of Azerbaijan's weak
institutional development, reflected in a challenging business
climate and limited financial transparency of the corporate
sector, and potentially high cyclicality of the economy as a
result of its commodity dependence.  Banks' risks are further
heightened by their often long-term and concentrated loan
exposures, sometimes with significant grace periods and bullet
repayments, including for project and acquisition finance
purposes.  In Fitch's view, these weaknesses are likely to
translate into high and volatile levels of credit losses at most
of the country's banks.  The higher VRs of PB (b+) and KB (b)
relative to IBA reflect their greater resilience to potential
swings in asset quality and performance as a result of their
larger capital buffers.

KEY RATING DRIVERS -- IBA

The affirmation of IBA's IDRs, SR SRF and senior debt rating
reflects Fitch's view that there is a moderate probability of
support for the bank, if needed, from the Azerbaijan authorities.
This view factors in (i) IBA's high systemic importance stemming
from its large domestic franchise (the bank accounts for 35% of
sector assets) and substantial funding from state-owned
corporations (AZN1.1 billion or 14% of end-1H14 liabilities);
(ii) the bank's majority (51.07%) state ownership; (iii) its
fairly small size relative to the sovereign's available resources
(assets and equity equal to 15.1% and 1.2% of GDP at end-1H14);
and (iv) the potentially significant reputational damage for the
authorities in case of IBA's default.

However, Fitch views the sovereign's propensity to provide
support as only moderate due to the recent track record of quite
slow (and limited in volume) capital support in 2011-2012 -- when
the bank breached minimum regulatory capital requirements -- and
weaknesses in the bank's corporate governance.  Fitch views as
moderately positive the IBA's recapitalization plan, which
provides for total equity injections of AZN500 million by end-
2016, including AZN200 million already contributed in 2013-1H14.
However, in the agency's view, planned loan growth means that
this is unlikely to result in a significant improvement in
capital ratios.

IBA's 'b-' VR primarily reflects its weak capitalization and
asset quality.  The Fitch Core Capital (FCC) ratio was a low 8%
at end-1H14, and the bank has no capacity to absorb losses
through the income statement, given that pre-impairment profit,
net of accrued interest not received in cash, was negative in
1H14 and only marginally above break-even in 2013.

Reported NPLs (non-performing loans, 90 days overdue) were a
moderate 6.2% at end-1H14.  However, in Fitch's view, high risk
loans among IBA's largest exposures, including lending to start-
up businesses and construction loans exposed to non-completion
risks, were equal to a sizable 1.7x of end-1H14 FCC.  Additional
potential pressure on capital stems from the legacy promissory
notes portfolio (around 1x FCC net of loan impairment reserves;
LIR), which is largely exposed to construction projects in
Russia. Fitch has limited information on the current status of
these projects and their non-completion/impairment risks;
however, past disclosures suggested the recoverability of these
assets could be lengthy and may require absorption of
considerable additional credit losses.

Positively, near-tear term financing risks are manageable
following the USD500 million Eurobond placement in 1H14 and
recent funding rollovers.  In assessing IBA's liquidity position
Fitch also views as moderately positive the stickiness of IBA's
customer funding and potential liquidity support from the
authorities in case of need.

RATING SENSITIVITIES -- IBA

IBA's Long-term IDR and senior debt may be upgraded by one notch,
to 'BB+', if: (i) the authorities continue to contribute equity,
in line with the announced capitalization plan; (ii) the
sovereign's credit profile and ability to provide support does
not suffer any marked impairment as a result of the decline in
the oil price; and (iii) IBA's asset quality and solvency do not
deteriorate significantly as a result of the potential negative
impact of the lower oil price on the Azerbaijan economy.  IBA
could also be upgraded in case of a sovereign upgrade.

Downside pressure on IBA's IDR could stem from either a sovereign
downgrade or a weakening in the authorities' support stance.

IBA's VR may be upgraded if the bank manages to significantly
strengthen its loss-absorption capacity and gradually reduce the
volume of weaker exposures to its loan book.  Renewed
deterioration in asset quality and solvency could result in a
downgrade of the VR.

KEY RATING DRIVERS AND SENSITIVITIES -- IBA MOSCOW's SENIOR DEBT

The rating of IBA Moscow's senior debt issues is equalized with
that of IBA's senior debt.  This reflects IBA's offer to purchase
the bonds in case of a default by IBA Moscow, which represents an
irrevocable undertaking and ranks equally with IBA's other senior
unsecured obligations.  The rating of IBA Moscow's senior debt is
sensitive to any change in the rating of IBA's senior debt.

KEY RATING DRIVERS -- KB

KB's IDRs, Support Rating and Support Rating Floor reflect the
limited probability of support from the Azerbaijan authorities in
case of need.  Fitch's assessment of the authorities' support
propensity is based on (i) KB's systemic importance due to its
social function of distributing pensions and other budget
transfers through the largest branch network in the country, and
(ii) KB's active involvement in state-funded agency lending.
However, the support probability is only limited, in Fitch's
view, given the bank's private ownership and still modest
commercial franchise (albeit fairly strong in retail).

The upgrade of KB's VR reflects the bank's improved performance
and stronger capitalization.  The latter benefitted from net
equity injections of AZN100m in 2013-1H14, resulting in the FCC
ratio increasing to 27% at end-1H14 from 14% at end-2012.  Fitch
estimates that KB could now withstand additional credit losses
equal to a high 17% of gross loans before breaching minimum
regulatory capital requirements.  Capital is also supported by
KB's solid pre-impairment profitability (equal to 7.4% of average
loans, annualized, in 1H14) which has improved considerably as a
result of KB's fast growth in general purpose retail lending (by
56%, non-annualized, in 1H14).

At end-10M14, KB's unreserved NPLs were equal to a moderate 6.5%
of FCC.  At the same time, KB's corporate book is still burdened
by concentrated construction and other project finance loans
(0.6x FCC at end-10M14) which may require additional loss
absorption capacity in a stress case.  Retail credit risks have
been fairly low to date due to still modest credit penetration,
small loan tickets and KB's ability to directly debit loan
instalments from borrowers' incoming salary and budget transfer
payments.  KB's liquidity position is healthy, supported by the
absence of material non-government wholesale borrowings and
decent deposit collection capacity.

KEY RATING DRIVERS -- PB's IDRS AND VR

The affirmation of PB's ratings reflects its solid
capitalization, comfortable liquidity and manageable asset
quality metrics. However, the ratings remain constrained by (i)
the weak operating environment, (ii) the bank's still limited
franchise and short track record and so far quite high credit
losses; (iii) potential contingent risks arising from the
construction business of the broader group and the bank's planned
international expansion, which will require significant capital
investment; and (iv) uncertainty with respect to the long-term
sustainability of the bank's sizeable related party funding (41%
of end-1H14 liabilities).

A new AZN105 million equity injection in 1H14 lifted PB's FCC
ratio to a high 51% at end-1H14.  However, the bank's plan to
open a foreign subsidiary in 1H15 could reduce capital
flexibility, as it will be deducted from PB's regulatory capital
thereby reducing loss absorption capacity at the parent bank
level.  PB's loan growth is moderate (10%, annualized, in 1H14),
but it results in capital consumption as it is above the bank's
return on equity (2%, annualized, in 1H14).

PB's NPLs stood at a low 4.3% of gross loans at end-1H14;
however, restructured loans comprised a further 18%, and during
1H14 the bank also wrote off 10% of its starting loan balance,
indicating significant asset quality weaknesses.  PB's total
available liquidity, net of potential wholesale funding
repayments, comfortably covered 37% of its end-1H14 liabilities.
However, the funding profile is weakened by significant single
name concentrations and considerable funding from related
parties.

PB's SR of '5' and SRF of 'No Floor' reflects its limited
systemic importance and the absence of any policy role.

RATING SENSITIVITES -- KB AND PB

KB's support-driven IDRs could be downgraded if the sovereign is
downgraded, or if its systemic importance markedly decreases or
the banks fail to receive timely support, when needed.  However,
these scenarios are currently regarded as unlikely by Fitch.
Upside potential for KB's support-driven ratings may emerge as a
result of notable improvement of its systemic importance.  The
latter could also result in PB's SR and SRF being revised
upwards.

KB's VR could be upgraded if (i) the bank is able to maintain
sound asset quality in its retail portfolio, enabling it to
continue to perform well; and (ii) a moderation of growth rates
allows it to maintain sound capital ratios.

Upside potential for PB's VR is limited at present; however, the
rating could be upgraded if (i) loss absorption capacity at the
parent bank level remains strong after the planned foreign
expansion; and (ii) the bank improves significantly its asset
quality track record and profitability.

Downside risks for the banks' VRs could stem from any marked
deterioration in the operating environment, for example as a
result of prolonged period of low oil prices, if this results in
a marked weakening of banks' asset quality and capitalization.

The rating actions are:

IBA

Long-term foreign currency IDR: affirmed at 'BB', Outlook Stable
Short-term foreign currency IDR: affirmed at 'B'
Viability Rating: affirmed at 'b-'
Support Rating: affirmed at '3'
Support Rating Floor: affirmed at 'BB'
Senior unsecured debt: affirmed at 'BB'

IBA-Moscow

Senior unsecured debt: affirmed at 'BB' and 'BB(exp)'

KB

Long-term foreign currency IDR: affirmed at 'B+', Outlook Stable
Short-term foreign currency IDR: affirmed at 'B'
Viability Rating: upgraded to 'b' from 'b-'
Support Rating: affirmed at '4'
Support Rating Floor: affirmed at 'B+'

PB

Long-term foreign-currency IDR: affirmed at 'B+'; Outlook Stable
Short-term foreign-currency IDR: affirmed at 'B'
Viability Rating: affirmed at 'b+'
Support Rating: affirmed at '5'
Support Rating Floor: affirmed at 'No Floor'



===============
B U L G A R I A
===============


BULGARIA: S&P Cuts Sovereign Ratings to 'BB+/B'; Outlook Stable
---------------------------------------------------------------
Standard & Poor's Ratings Services lowered its long- and short-
term foreign and local currency sovereign credit ratings on the
Republic of Bulgaria to 'BB+/B' from 'BBB-/A-3'.  The outlook is
stable.

RATIONALE

The downgrade reflects:

   -- S&P's view of a weakened domestic banking system, which has
      obligated Bulgaria to directly and indirectly support the
      third- and fourth-largest banks.

   -- The risk that further state support to the domestic
      financial sector might be required.

   -- A broader deterioration in general government finances --
      owing to weak growth and persistent deflation--which could
      require higher borrowing over 2014-2017.

In June this year, Bulgaria's fourth-largest bank -- Corporate
Commercial Bank (KTB) -- suffered large deposit withdrawals and
was placed under special supervision by its regulator, the
Bulgarian National Bank (BNB), Bulgaria's central bank.  Shortly
afterwards, Bulgaria's third-largest bank, First Investment Bank
(FIB), also experienced large deposit withdrawals prompting the
Bulgarian government to provide it with exceptional liquidity
financing. Five months later, KTB's license was revoked and
subsequently, the government provided a loan of Bulgarian lev
(BGN) 2 billion (2.5% of GDP) to the Deposit Insurance Fund
(DIF).  The loan funded the DIF's shortfall for the repayment of
KTB's obligations to its guaranteed depositors.  Taken together,
state support to the financial sector has totaled 3.5% of GDP in
2014.

On top of its support of the financial sector, S&P expects
Bulgaria's underlying general government deficit will widen to
3.5% of GDP, from 1.2% in 2013.  Overall, S&P projects that the
government will issue the equivalent of 11% of GDP in debt this
year, the highest increase in gross debt since Bulgaria
established its currency board in 1997.  Some of this financing
will remain in its fiscal reserve, which at end-October totaled
BGN7.6 billion or 9.4% of GDP excluding EU receivables.  S&P
anticipates the fiscal reserve will decline in early 2015 as
about one fifth of the funds are earmarked to redeem a sovereign
bond (issued in 2002) in January.

Reflecting S&P's view of Bulgaria's financial stability, and its
expectation of weaker domestic demand and lower net export
growth, S&P has lowered its forecast for 2014-2017 average real
GDP growth to 1% from just under 2%.  Since the onset of the
global financial crisis, the convergence of Bulgarian incomes
toward European averages has slowed considerably.  Further,
following S&P's expectation of output and price growth, it
expects per capita GDP to remain where it is currently, at around
$7,500 (EUR5,500), over the forecast horizon.  This would leave
Bulgarian per capita GDP at just below one-sixth of Germany's.
From 2010 up until 2014, exports had been growing at an average
annual rate of nearly 10% in real terms.  However, this export
performance has not led to a recovery in business investment or
meaningfully reduced overall unemployment levels.

Challenges to Bulgaria's banking system and a deterioration of
the fiscal position have been exacerbated by a sustained
deflation of consumer prices which in October were 1.5% lower
than in October 2013.  Domestic demand has also been depressed by
parent banks' net withdrawals of funding from their Bulgarian
subsidiaries and banks' increasing external assets.  Between 2009
and 2013, 93% of financial sector external debt on average has
been rolled over per year.  The direct link between money growth
and balance-of-payments inflows under the currency board has
magnified the impact of these recent balance-of-payments outflows
on the economy, particularly on prices.

The banking sector's overall liquidity appears to have
accommodated the banks winding down their external debt positions
by US$4.6 billion between 2008 and 2013, while also increasing
assets held abroad by US$6.8 billion over the same period
(according to international investment position data).  Net
outflows from the financial system during the five years to 2013
have cumulatively constituted more than 20% of 2014 GDP.  S&P
expects that Bulgaria's financial account will remain in deficit
until 2015, and that this will continue to depress domestic
credit conditions, and hence the money supply, and prices.

S&P views the situation as challenging for these additional
reasons:

   -- European parent banks appear less willing and able to
      support their Bulgarian subsidiaries, with deflationary
      implications especially pronounced within the context of
      the currency board regime.  Deleveraging of parent banks in
      Bulgaria has been recurrent and large-scale.

   -- Bulgaria's pre-crisis growth model, which relied upon net
      external borrowing and net foreign direct investment (FDI)
      to drive growth in the nontradables sectors, has yet to be
      fully replaced with a plan to revive more diversified
      growth in the economy on a sustainable basis; and

   -- The fallout from the above may put additional pressure on
      the government to spend more to support growth.

Previously, S&P did not factor in any benefits of the South
Stream pipeline project into either its growth or fiscal
forecasts.  (The project would have brought Russian gas to
Eastern Europe, through Bulgaria, with expected transit fees of
about 1% of government revenues.)  Therefore, the project's
recent cancellation has not had an impact on S&P's ratings on
Bulgaria.

S&P sees the general government deficit narrowing gradually to 3%
of GDP by 2017; this differs from the government's target of 2%
of GDP because S&P assumes weaker nominal GDP growth.  As a
result, S&P expects that general government debt will increase by
an annual average of 4.3% of GDP in 2014-2017, materially higher
than S&P's previous expectation.  S&P also thinks that net
general government debt will rise to just below 30% of GDP in
2017, from 12% in 2013.  S&P expects the currency composition of
government debt will not materially differ over this period;
about 70% of government debt is currently denominated in foreign
currency.

External auditors' comprehensive assessment of KTB's accounts has
revealed poor lending standards, optimistic asset valuations,
unrealistic loss recognition, and inadequate disclosure
practices. Impairments based on the auditors' analysis have
indicated that KTB has negative equity of about BGN4.5 billion
(5.7% of GDP).

S&P believes that supervisory lapses helped contribute to the
systemically important KTB's problems.  While the new government
is seeking to reform the supervisory framework, it remains to be
seen whether deeper governance issues will be addressed.  In the
interim, while our general debt forecast does not explicitly
include future government support to banks, S&P believes the risk
of additional support is material.  S&P notes that, given the
currency board arrangement, BNB can only provide liquidity
support to the banking system to the extent that its reserves
exceed its monetary base.  Even then, support can only occur
under certain conditions and at short maturities against liquid
collateral.  As of September 2014, BNB reserves covered monetary
liabilities by 1.8x.

Bulgaria's exchange rate regime and high euroization (about 60%
of loans are non-lev denominated) restrict Bulgaria's monetary
flexibility while limiting BNB's ability to act as a lender of
last resort.  In this context, S&P believes that the BNB's
limited success in stimulating credit growth in the face of
anemic domestic demand and in effecting a reduction in the
banking sector's gross nonperforming loans -- about 17% of its
total loan book -- reflect a weakened transmission channel for
monetary policy.

Bulgaria's political environment has remained in flux, with five
governments and two general elections since early 2013.
Parliamentary elections held in October yielded a minority
coalition of GERB (the Citizens for the European Development of
Bulgaria) and the Reformist Bloc, the latter itself a grouping of
five parties.  The government relies on outside support from the
Patriotic Front (an alliance of two parties) and the Alternative
for Bulgarian Revival.  With the numerous changes in power over
the last two years, there have been several policy reversals,
including on fiscal policy, which have weighed on business and
consumer confidence.

The new government faces the tasks of rebalancing government
finances, resolving KTB, addressing deeper governance issues, un-
freezing suspended EU funds, devising a credible strategy for the
energy sector, and stimulating growth -- all against a backdrop
of muted external demand, foreign bank outflows, sluggish
domestic credit growth, and high unemployment.  Given that the
government relies on extra-coalition support to pass legislation
and is itself composed of several factions, S&P thinks policy
uncertainty may persist.

OUTLOOK

The stable outlook balances the risks S&P sees from potential
vulnerabilities building up in the financial sector against
still-low levels of government indebtedness.

S&P could lower the ratings if the domestic financial system
requires further government support.  S&P could also lower the
ratings if funds on the financial account of the balance of
payments continue to flow out without abating.

On the other hand, upward pressure on the ratings could build if
governance issues are addressed effectively, boosting Bulgaria's
growth potential, attracting higher FDI into the tradables
sector, or if the economy expands faster than S&P anticipates
such that general government finances consolidate more rapidly.

In accordance with S&P's relevant policies and procedures, the
Rating Committee was composed of analysts that are qualified to
vote in the committee, with sufficient experience to convey the
appropriate level of knowledge and understanding of the
methodology applicable.  At the onset of the committee, the chair
confirmed that the information provided to the Rating Committee
by the primary analyst had been distributed in a timely manner
and was sufficient for Committee members to make an informed
decision.

After the primary analyst gave opening remarks and explained the
recommendation, the Committee discussed key rating factors and
critical issues in accordance with the relevant criteria.
Qualitative and quantitative risk factors were considered and
discussed, looking at track-record and forecasts.

The committee agreed that the fiscal performance and flexibility
and monetary flexibility had deteriorated.  All other key rating
factors were unchanged.

The chair ensured every voting member was given the opportunity
to articulate his/her opinion.  The chair or designee reviewed
the draft report to ensure consistency with the Committee
decision. The views and the decision of the rating committee are
summarized in the above rationale and outlook.  The weighting of
all rating factors is described in the methodology used in this
rating action.

RATINGS LIST

Downgraded
                                        To           From
Bulgaria (Republic of)
Sovereign Credit Rating                BB+/         BBB-/
                                        Stable/B     Stable/A-3
Transfer & Convertibility Assessment   BBB+         A-
Senior Unsecured                       BB+          BBB-
Short-Term Debt                        B            A-3


PERNIK CITY: Mayor Says Municipality Bankrupt Over Debt
------------------------------------------------------
Novinite.com, citing Darik radio, reports that the mayor of the
Bulgarian city of Pernik Ivan Ivanov declared that the
municipality has gone bankrupt.

The causes for the heavy financial situation are the seizures
which amount to almost BGN6.3 million, Novinite.com discloses.
Mr. Ivanov revealed that two to three firms have financial claims
towards the municipality on a daily basis, which it is unable to
fulfill, Novinite.com relates.

According to Novinite.com, the mayor of Pernik said the situation
is catastrophic with the overdue payments that amount to BGN16
million.



=============
G E R M A N Y
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TAURUS CMBS 2006-1: Fitch Lowers Rating on Class B Notes to 'Csf'
-----------------------------------------------------------------
Fitch Ratings has downgraded Taurus CMBS (Germany) 2006-1 plc's
class A and B floating rate notes due 2015 and affirmed classes C
and D as:

EUR47.2 million class A (XS0257712579) downgraded to 'CCCsf' from
'BBsf'; Recovery Estimate (RE) 100%

EUR29.9 million class B (XS0257714435) downgraded to 'Csf'; RE30%

EUR1.8 million class C (XS0257715242) affirmed at 'Dsf'; RE0%

EUR0 million class D (XS0257715838) affirmed at 'Dsf'; RE0%

The transaction was originally the securitisation of 10
commercial mortgage loans with an aggregate balance of EUR582.9m.
The loans were secured on 36 office, retail and industrial assets
and a multifamily housing portfolio consisting of approximately
2,400 residential units, all located in Germany.  In October
2014, only two loans remained.

KEY RATING DRIVERS

The downgrade of class A reflects the uncertainty of repayment by
final legal maturity in April 2015.  However, Fitch believes that
sufficient value remains for an ultimate redemption of the
tranche, albeit possibly after maturity (reflected in the
RE100%). Class B is likely to suffer a major loss upon workout
finalization and would be downgraded to 'Dsf' come April.

The junior notes were downgraded to 'Dsf' in April 2014 when the
EUR112 million Bewag Berlin loan repaid with a loss as expected.
The two remaining loans are in special servicing following
payment defaults at loan maturities in 2010 and 2013.  Each loan
is secured by a single shopping center located in Germany and
amortizes via cash sweep.  Due to the downward pressure on
recoveries, the secondary nature of the collateral and the
limited demand from potential tenants (reflected in the high
vacancy), sales prices may fall short of reported values.

The EUR41.8 million Bremen loan has a securitized loan-to-value
ratio of 150.7% (or 197% on the whole loan), based on a November
2013 valuation.  The reported drop in value, to GBP29.1 million
from GBP40.4 million, reflects the weak rental market and the
high competition for retailers in the vicinity of the center.
The special servicer stated that talks are ongoing between the
insolvency administrator and a potential buyer.  However, should
a sale not occur, it is doubtful whether a disposal can be
achieved in the short remainder of the tail period.

The EUR37.1 million Walzmuhle loan is secured on a shopping
center with additional leisure and office space.  The economic
occupancy is at 94% more favorable than Bremen's 72%.  However,
the largest tenant (who accounts for 79% of the rent) sublet
approximately 50% of its space, while the rest remains physically
vacant.  Based on a 2014 valuation, the LTV stands at 101% (131%
on the whole loan). A consensual sale is being targeted, and a
sales agent was appointed in October 2014.

RATING SENSITIVITIES

All remaining class A and B notes (if any) will be downgraded at
the earlier of workout completion and the final legal maturity of
the notes (April 22, 2015) and withdrawn, along with the class C
and D notes.

Fitch estimates 'Bsf' principal proceeds of approximately
EUR56.5m.


TAURUS CMBS 2006-3: S&P Cuts Rating on Class A Notes to 'B+'
------------------------------------------------------------
Standard & Poor's Ratings Services lowered to 'B+ (sf)' from 'BB+
(sf)' its credit rating on Taurus CMBS (Pan-Europe) 2006-3 PLC's
class A notes.

The rating action follows S&P's review of the underlying loan's
credit quality in light of the transaction's May 2015 legal final
maturity date.

Taurus CMBS (Pan-Europe) 2006-3 is a 2006-vintage transaction,
currently backed by one loan secured on a German commercial real
estate asset.  The underlying pool initially had seven loans,
which were secured on European commercial real estate assets.

THE LOAN

On the October 2014 interest payment date (IPD), the Triumph loan
remained outstanding, with a balance of EUR48.4 million.  The
Triumph loan represents the senior portion of a whole loan.  The
subordinated portion of the whole loan does not form part of this
transaction.

The loan is secured on a multitenant single asset located in
Markisches Viertel (northern Berlin), which is primarily used for
retail purposes.  The occupancy rate has decreased to 67% from
91% at closing.  The top five tenants account for 20% of the
property's overall income.  The property's weighted-average lease
term is five years and 11 months.

The loan entered special servicing because the borrower failed to
repay the whole loan balance at maturity on Jan. 30, 2013.  The
special servicer has agreed to temporary standstills with the
borrower to organize the sale of the property.  The servicer
reported an October 2014 securitized loan-to-value ratio of
69.22% (based on a December 2013 valuation), and a securitized
interest coverage ratio of 2.98x.

S&P understands that the special servicer, after marketing the
property for sale, granted an exclusivity period with a preferred
bidder.

CASH FLOW DISRUPTIONS

The November 2014 cash manager report shows that the class C and
D notes accrued a cumulative interest shortfall of EUR134,430 on
that IPD.  The payment of certain nonrecurring expenses in some
quarters caused cash flow disruptions at the transaction level.

If the payment of these expenses is concentrated in Q1 2015 and
not spread over the remaining quarters, S&P considers that it may
constrain the issuer's ability to fully pay timely interest to
the notes.  This risk is already factored in S&P's existing
ratings.

RATING ACTIONS

S&P's ratings in this transaction address the timely payment of
interest, payable quarterly in arrears, and the payment of
principal no later than the May 2015 legal final maturity date.

Although S&P considers the class A notes' available credit
enhancement to adequately mitigate the risk of principal losses
from the underlying loan in higher stress scenarios, S&P has
downgraded the class A notes because it considers that there is
an increased risk of a payment default in May 2015, given the
approaching legal final maturity date.  S&P believes that there
is no virtual certainty that the asset will be sold in time to
allow the issuer to repay the notes by their legal final maturity
date in May 2015.  Under S&P's rating definitions criteria, a
payment default on the legal final maturity date would likely
result in S&P's lowering of its ratings in this transaction to 'D
(sf)'.

Taking the above factors into account and in accordance with
S&P's credit stability criteria, it has lowered to 'B+ (sf)' from
'BB+ (sf)' its rating on the class A notes.

S&P's ratings on the class B, C, and D notes are unaffected by
the rating action because it already considered these risk
factors at their respective rating levels.

Taurus CMBS (Pan-Europe) 2006-3 is a 2006-vintage transaction,
currently backed by one loan secured on a German commercial real
estate asset.

RATINGS LIST

Taurus CMBS (Pan-Europe) 2006-3 PLC
CHF.1 mil, EUR447.75 mil commercial mortgage-backed floating-rate
notes
                                       Rating
Class           Identifier             To                From
A               XS0274566420           B+ (sf)           BB+ (sf)



===========
G R E E C E
===========


GREECE: DBRS Confirms 'B' Long-Term Currency Issuer Ratings
-----------------------------------------------------------
DBRS Ratings Limited has confirmed the Hellenic Republic's long-
term foreign and local currency issuer ratings at B.  The
Republic's short-term foreign and local currency issuer ratings
have also been confirmed at R-4.  The trend on all ratings
remains Stable.

The confirmation of the rating reflects the material progress
which Greece has made in closing its fiscal and current account
deficits, counterbalanced by a fragmented political environment
that calls into question Greece's capacity to reduce its large
stock of debt to sustainable levels.  The country's favorable
debt structure and extensive support received from official
creditors underpin DBRS' view that additional rounds of private
sector involvement are unlikely.  Nonetheless, the Government's
slim parliamentary majority and the prospect of early general
elections pose risks to the rating.  General elections could
materialize in the event of the government failing to
secure the election of its candidate at the forthcoming
presidential election.  When considered against a backdrop of
ongoing government negotiations with Greece's official sector
creditors with respect to the shape and timing of future
financial support for the sovereign and still fragile domestic
confidence, Greece remains vulnerable to negative shocks.

The ratings could come under upward pressure if the government
makes further progress on fiscal consolidation and the
implementation of structural reforms.  Further progress on
securing additional funding sources, including in the form of
debt relief from official sector creditors, would also be
positive.  Conversely, the ratings could come under downward
pressure if political fragmentation coupled with austerity
fatigue undermines the continuation of fiscal restraint and
the pursuit of structural reforms.  Weak fiscal discipline and
poor reform implementation could reduce the likelihood of new
official financing or official sector involvement and could in an
extreme scenario result in Greece failing to meet its debt
obligations.  Moreover, in the absence of sustained growth, the
combination of a high debt ratio and increased reliance on high
cost private sector financing could also put downward pressure on
the rating.

Greece has benefited significantly from the euro area-level
policies adopted to boost the support mechanisms available for
countries experiencing financing difficulties.  As a result of
the two assistance programs from which the Republic benefited
since May 2010, a large share of Greece's public debt is now in
the hands of the official sector.  Moreover, Greece benefits from
a favorable debt maturity (17.2 years on average) structure and
modest debt servicing costs, estimated at 2.6% of GDP per annum
until 2021.

In addition, the country has made significant progress in
rebalancing its economy away from domestic consumption, as
demonstrated by the delivery of the first current account surplus
(0.7% of GDP) in decades, and the country's first primary balance
(0.8% of GDP) surplus in 11 years.

Finally, the banking sector's reduced reliance on European
Central Bank (ECB) liquidity and the improvement in the banking
system's capital buffers also point to a likely improvement in
credit conditions, albeit from very low levels.  Over time, the
negative effect of bank deleveraging on the wider economy should
abate and help provide support for the nascent recovery.

Notwithstanding the progress made to date, the Republic continues
to face a variety of material challenges.  The country's debt
remains very elevated having reached 174.9% of GDP by end-2013.
This means that in spite a favorable debt structure, the
reduction of the debt stock over the medium-term will require the
favorable confluence of robust growth in nominal GDP, the
maintenance of a substantial primary balance and the
implementation of other one-off measures to reduce debt, such as
privatizations.  DBRS sees, however substantial downside
risks associated with the assumptions underpinning current fiscal
and growth projections because in spite of recent evidence of an
economic recovery, Greece's ability to generate substantial
productivity growth could prove weak as a result of domestic
constraints or due to an unsupportive external environment.

Moreover, the high unemployment rate, which stood at 25.9% in
August 2014 for all age groups and at 49.3% for those aged under
25, is also likely to continue to add to public dissatisfaction
and to give rise to austerity fatigue and could result in
deviations from the adjustment program in the run-up to the next
general election.  While Greece has already achieved an
unprecedented fiscal consolidation, the combination of an
ambitious reform and adjustment program with a deep and prolonged
recession, has resulted in increased political fragmentation and
uncertainty.

A more immediate concern however, which is exacerbated by the
prospects of early elections, relates to the absence of an agreed
strategy for Greece to close the financing gap identified for
2015-16.  The government's expressed wish to exit the program
early and forgo additional IMF disbursements, by tapping the
sovereign bond markets raises questions as to whether Greece will
be able to fund itself at yields compatible with debt reduction.
A gradual return to the sovereign bond markets is likely to be
credit positive for Greece, to the extent that it helps the
Republic to re-build its track record of market access.  However,
particularly in light of recent market volatility, we view a
troika program or precautionary arrangement as a useful back-
stop.



=============
I R E L A N D
=============


CREGSTAR BIDCO: S&P Assigns 'B' Long-Term Corporate Credit Rating
-----------------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'B' long-term
corporate credit rating to Ireland-based medical devices
manufacturer Cregstar Bidco Limited.  The outlook is stable.

At the same time, S&P assigned a 'B' issue rating to the US$25
million credit facility and US$185 million first-lien term loan
issued by Cregstar Finance Ltd.  S&P has assigned recovery
ratings of '3' to the first-lien term loan and credit facility,
indicating S&P's expectation of meaningful (50%-70%) recovery
prospects in the event of a payment default.

S&P also assigned a 'CCC+' issue rating to the US$90 million
second-lien term loan issued by Cregstar Finance.  The recovery
rating on the notes is '6', indicating S&P's expectation of
negligible (0%-10%) recovery in the event of a payment default.

Creganna is a contract manufacturer for the medical device
industry, focused on surgical systems for minimally invasive
procedures.  The ratings on Creganna are constrained by its small
size, product concentration and the presence of contract
cancellation risk, reflected in S&P's business risk profile
assessment of "weak."  The group's financial sponsor ownership,
with adjusted leverage of around 6x over the next 12-18 months,
underpins S&P's "highly leveraged" financial risk profile
assessment.  S&P expects Creganna's funds from operations (FFO)
cash interest coverage to be close to 3x, which supports S&P's
'b' anchor rating.

S&P's business risk profile assessment is constrained by
Creganna's small size and narrow focus.  The combined group will
be the largest player in metals fabrication for medical devices
for minimally-invasive procedures.  However, it will remain small
in the overall contract manufacturing space, with revenues of
about US$250 million in 2014. Although Creganna will offer
products supporting multiple therapeutic areas and surgical
procedures, their addressable market remains small and 80% of
revenues stem from the vascular end-market.  The group also has
significant product concentration, in that a material proportion
of revenues will be derived from its top product, hypotubes
(hypodermic tubing).  Contract manufacturers often lack any
pricing power, which is often influenced by the stronger
bargaining position of its customers.  S&P expects pricing
pressure to continue in Creganna's main markets in the U.S. and
Europe, which account for the majority of group revenues, as
medical devices companies continue to focus on cost savings amid
a tough reimbursement environment.  Although the acquisition will
improve Creganna's manufacturing footprint due to Precision Wire
Components' (PWC) lower-cost facilities, S&P notes that the
Galway facility will still contribute a significant proportion of
the group's manufacturing capacity.

These negatives are partially offset by Creganna's strong
position in the provision of outsourced surgical systems for
minimally invasive procedures, for which the company is often the
sole supplier.  While the threat of customer in-sourcing remains,
S&P anticipates that outsourcing will continue to grow over the
next few years as medical device companies increasingly focus on
developing complex and customized products.  The rise of
outsourcing is also supported by the growing shift toward
minimally invasive procedures, with proven medical benefits such
as reduced risk of trauma and faster recovery.  S&P also
considers the group to have good earnings visibility provided by
the contracted nature of the majority of group revenues,
benefiting from established relationships with the largest
medical devices companies.  This is somewhat protected by high
switching costs for customers posed by regulation and
manufacturing expertise. Furthermore, S&P views Creganna's
customer diversity as adequate, with no single customer
accounting for more than 15% of revenues. However, S&P notes the
presence of contract cancellation risk, which can have
potentially negative effects on group earnings given the small
size of the company.

The financial risk profile is underpinned by Creganna's ownership
by financial sponsor, Permira, and S&P's expectation that its
adjusted leverage will remain around 6x over the next 12-18
months.  S&P's calculation includes US$275 million of financial
debt in the form of the term loans and about US$20 million-US$25
million of capitalized operating leases.  Under S&P's criteria,
it excludes the shareholder loans at Cregstar Lux S.a.r.l. from
S&P's leverage and coverage calculations.  Despite some mandatory
payments under the terms of the first-lien term loan, S&P expects
leverage to remain high over the near term.  This is partially
offset by S&P's view of the group's relatively strong cash flow
protection, as it expects FFO cash interest coverage to remain at
close to 3x over the next two years.

S&P's base-case assumes:

   -- Revenue growth of 3%-4% over the near term, mainly driven
      by increasing volumes;

   -- Stable EBITDA margins in the high teens to low 20s;

   -- Capital expenditure (capex) of 3%-4% of revenues per year;
      and

   -- Limited acquisitions in the near term, with the group
      focusing on integrating PWC and improving operational
      efficiencies.

Based on these assumptions, S&P arrives at these credit measures:

   -- Adjusted debt to EBITDA of around 6x in 2014 and 2015; and

   -- FFO cash interest coverage of 2.7x in 2014 and 2.8x in
      2015.

The stable outlook reflects S&P's expectation that Creganna will
be able to successfully integrate the acquisition of PWC and
improve its profitability as planned.  The outlook also reflects
S&P's view that the company will maintain "adequate" liquidity
and FFO cash interest coverage comfortably above 2x over the next
12 months.

S&P could lower the rating if the group's operating performance
deteriorates significantly, such that FFO cash interest coverage
falls below 2x.  This could constrain the group's ability to
generate free cash flow.  Such a scenario could arise if Creganna
is unable to integrate the PWC acquisition or if the group loses
one or more of its major contracts/customers.  S&P could also
consider a downgrade if the group faces liquidity issues and
fails to maintain adequate headroom under its covenants.


DECO 17: S&P Lowers Ratings on Two Note Classes to 'CC(sf)'
-----------------------------------------------------------
Standard & Poor's Ratings Services lowered its credit ratings on
DECO 17-Pan Europe 7 Ltd.'s class C, D, and E notes.  At the same
time, S&P has affirmed its 'D (sf)' ratings on the class F and G
notes.

On the October 2014 interest payment date (IPD), the issuer
applied non-accruing interest (NAI) amounts totaling EUR29.9
million to the class E, F, and G notes following the repayment of
the Elbblick loan at a loss.  The net recovery proceeds were
insufficient to fully repay the outstanding loan balance.

In this transaction, principal losses are not directly applied
reverse sequentially toward the notes.  Instead, they accrue on
the NAI account.  Interest does not accrue on the portion of the
notes subject to an NAI amount.

In September 2014, the special servicer agreed the sale of the
three remaining properties backing the Mayne loan.  The recovery
proceeds were insufficient to fully repay the transaction's share
of the outstanding senior loan balance of EUR69.9 million.
According to the servicer, early next year, the issuer may
distribute a further small amount from a retention that was
agreed when the remaining properties were sold.  As a result, S&P
believes that the remaining unpaid loan balance of EUR37.2
million will very likely turn into principal losses which implies
that the issuer will likely apply further NAI amounts reverse
sequentially up to the class D notes early next year.

S&P's downgrade of the class D and E notes reflects its view that
these classes will most probably experience interest shortfalls
starting in 2015 due to the NAI amounts described above.  S&P has
therefore lowered to 'CC (sf)' its rating on these notes, in line
with its criteria for assigning 'CCC+', 'CCC', 'CCC-', and 'CC'
ratings.

Following the resolution of the Elbblick loan and the sale of the
remaining properties backing the Mayne loan, three loans remain
(the Rockpoint, MansfordEdeka, and Faktor loans).  S&P believes
that the remaining loans' recovery amounts might be insufficient
to repay the class C notes.  This class of notes faces at least a
one-in-two likelihood of default, in S&P's view.  Therefore, in
line with S&P's criteria for assigning 'CCC' category ratings, it
has lowered to 'CCC+ (sf)' from 'B- (sf)' its rating on the class
C notes.

At the same time, S&P has affirmed its 'D (sf)' ratings on the
class F and G notes because they continue to experience interest
shortfalls.

S&P's ratings in DECO 17 - Pan Europe 7 address the timely
payment of interest, payable quarterly in arrears, and the
payment of principal not later than the legal final maturity date
in July 2020.

DECO 17 - Pan Europe 7 is a 2007-vintage securitization of an
initial portfolio of 12 commercial real estate loans.

RATINGS LIST

DECO 17 - Pan Europe 7 Ltd.
EUR1.249 bil commercial mortgage-backed floating-rate notes

                               Rating          Rating
Class       Identifier         To              From
C           XS0337052129       CCC+ (sf)       B- (sf)
D           US24358VAH24       CC (sf)         CCC (sf)
E           XS0337053796       CC (sf)         CCC- (sf)
F           XS0337054414       D (sf)          D (sf)
G           XS0337055221       D (sf)          D (sf)


PREPS 2005-2: Fitch Lowers Ratings on 2 Note Classes to 'Dsf'
------------------------------------------------------------
Fitch Ratings has downgraded PREPS 2005-2 PLC's class B1 and B2
notes and subsequently withdrawn the ratings, as:

EUR35.6 million class B1 notes (ISIN: XS0236849930): downgraded
to 'Dsf' from 'Csf'; withdrawn

EUR10.7 million class B2 notes (ISIN: XS0236850862): downgraded
to 'Dsf' from 'Csf'; withdrawn

PREPS 2005-2 PLC is a cash securitization of subordinated loans
to medium-sized enterprises located in Germany and other European
jurisdictions.

KEY RATING DRIVERS

The transaction reached final maturity in December 2014.  The
outstanding principal amounts on the class B1 and B2 notes were
not repaid in full due to the number of defaults that occurred in
the portfolio since closing.  As Fitch's ratings on the notes
address timely payment of interest and ultimate repayment of
principal according to the terms of the notes, the agency has
downgraded the notes to 'Dsf' and withdrawn the ratings.



=========
I T A L Y
=========


UNIPOL GRUPPO: S&P Lowers Counterparty Credit Rating to 'BB'
------------------------------------------------------------
Standard & Poor's Ratings Services said it has lowered its long-
term counterparty credit and insurer financial strength ratings
on four Italian insurers, as:

   -- S&P lowered its ratings on Assicurazioni Generali SpA
      (Generali) and its core subsidiaries to 'BBB+' from 'A-'.

   -- S&P lowered its ratings on Allianz SpA to 'A-' from 'A'.

   -- S&P lowered its ratings on UnipolSai and on Societa
      Cattolica di Assicurazione SpA (Cattolica) to 'BBB-' from
      'BBB'.

At the same time, S&P affirmed its 'BBB-' counterparty credit and
insurer financial strength ratings on marine insurer SIAT -
Societa Italiana Assicurazione e Riassicurazione SpA (SIAT).

The outlooks on all these insurers are stable.

S&P downgraded by one notch the four Italy-based insurers that
S&P rated either higher than or at the same level as the Republic
of Italy.  The sovereign downgrade has no direct impact on S&P's
'BBB-' ratings on SIAT.

The downgrades reflect S&P's view that the exposure of Italy-
based insurers to Italian investments is material compared to
their total general accounts investments and compared to their
regulatory capital.  S&P defines country exposure as material for
an insurer when its investments in a country's assets (sovereign
bonds, local bank and corporate bonds, real estate, domestic
loans, deposits, and equities) reach about 25% of its general
account investments (total investments excluding unit-linked).

Under S&P's criteria for rating above the sovereign, the ratings
on an insurer are limited by the ratings on the country it is
materially exposed to, unless S&P do not expect the insurer to
default in its sovereign default stress scenario.  Where an
insurer has material exposure to a sovereign, but S&P do not
expect it to default in its sovereign default stress scenario,
S&P can rate it up to four notches above the sovereign, depending
on its sensitivity to country risk.

S&P has built its stress scenario by deriving from past
observations a set of hypothetical haircuts to financial assets
(sovereign bonds, local bank and corporate fixed-income bonds,
real estate, and equities).  S&P then compare the losses incurred
from these haircuts with the regulatory solvency capital of the
insurer.  If the regulatory solvency capital is higher than the
losses (that is, under the scenario, the insurer would maintain
positive solvency capital, including potential risk mitigation
plans), then the insurer passes the test.  If the losses would be
higher than the regulatory solvency capital, then S&P would
consider that the insurer has not passed the stress test.  In
this case, S&P would cap the rating at the level of the sovereign
rating.

S&P's assessment of Italy's property/casualty and life insurance
industry and country risk as moderate is not affected by the
sovereign downgrade or any potential increase in banking industry
risks in Italy.

Equally, S&P's view of the indicative stand-alone or group credit
profiles of the Italy-based insurers S&P rates is unchanged.
This reflects S&P's opinion that the insurers' business risk
profiles and financial risk profiles are not materially affected
by the sovereign downgrade.

RATINGS LIST

Downgraded
                                  To                From
Allianz SpA
Counterparty Credit Rating       A-/Stable/--      A/Neg/--

Societa Cattolica di Assicurazione
Counterparty Credit Rating       BBB-/Stable/--    BBB/Neg/--

UnipolSai Assicurazioni
Counterparty Credit Rating       BBB-/Stable/--    BBB/Neg/--

Unipol Gruppo Finanziario SpA
Counterparty Credit Rating       BB/Stable/--      BB+/Neg/--

Assicurazioni Generali SpA
Generali Vie
Generali Versicherung AG
Generali Versicherung AG
Generali Lebensversicherung AG
Generali Italia SpA
Generali IARD
Generali Deutschland Pensionskasse AG
Envivas Krankenversicherung AG
Cosmos Versicherung AG
Cosmos Lebensversicherungs AG
Ceska pojistovna a.s.
Central Krankenversicherung AG
Advocard Rechtsschutzversicherung AG
AachenMuenchener Versicherung AG
AachenMuenchener Lebensversicherung AG
Counterparty Credit Rating         BBB+/Stable/--  A-/Neg/--

Generali (U.S. branch)
Financial Strength Rating          BBB+/Stable/--  A-/Neg/--

Generali Holding Vienna AG
Generali Rueckversicherung AG
Counterparty Credit Rating         BBB-/Stable/--  BBB/Neg/--

Generali PanEurope Ltd.
Counterparty Credit Rating         BBB/Stable/--   BBB+/Neg/--

Deutsche Bausparkasse Badenia AG
Counterparty Credit Rating         BBB/Stable/A-2  BBB+/
                                                    Stable/A-2

Affirmed
SIAT - Societa Italiana
Assicurazioni e Riassicurazioni SpA
Counterparty Credit Rating         BBB-/Stable/--

NB: This list does not contain all the ratings affected.



===================
K A Z A K H S T A N
===================


KAZAKHMYS INSURANCE: Fitch Corrects December 11 Rating Release
--------------------------------------------------------------
Fitch Ratings corrects its ratings release version published on
December 11, 2014 to amend the legal name of Kazakhmys Insurance
Company's shareholder.

The corrected release is as follows:

Fitch Ratings has assigned JSC Kazakhmys Insurance Company
(Kazakhmys Ins) an Insurer Financial Strength (IFS) rating of
'B+' and National IFS rating of 'BBB(kaz)'.  The Outlooks are
Stable.

KEY RATING DRIVERS

The ratings reflect Kazakhmys Ins's solid albeit moderately
declining profitability, strong track record of shareholder
support and relatively robust capital position.  Offsetting
factors include challenges related to the planned growth strategy
and high dependence on outwards reinsurance.

Kazakhmys Ins reported KZT487 million net profit in 9M14 (2013:
KZT467 million, 2012: KZT807 million), which translates into
return on adjusted equity (ROAE) of 14% in 9M14 (non-annualized),
19% in 2013 and 40% in 2012.  The insurer's profitability has
been supported by both the underwriting result and the investment
return.  In 2013-9M14 the insurer's net profit and ROAE declined,
mainly due to the reduced contribution from the underwriting
result in the context of high levels of reinsurance cessions and
increased expenses.

Kazakhmys Ins expects to receive KZT6bn of new capital in 1H15
from the current shareholders.  The main aim of the capital
increase is to raise the net retention (calculated as a
percentage of shareholders' equity) closer to the maximum level
allowed by the regulator and to support the growth of business
volumes.

Kazakhmys PLC, the former majority ultimate shareholder of
Kazakhmys Ins, has also helped to protect the insurer's capital
through the termination of prior-year workers' compensation
policies, which carried significant reserving risk.  Kazakhmys
PLC transferred the residual loss reserve of USD84 million
(KZT1.2 billion) to its own balance sheet in 2013.  Kazakhmys
Corporation, the proximate shareholder of Kazakhmys Ins, also
plans to increase its share in Kazakhmys Ins to 24.9% from the
current 9.99% in 1H15.

Based both on the regulatory solvency position and Fitch's
internal risk-adjusted capital assessment, the agency views
Kazakhmys Ins's capitalization level as relatively robust,
reflecting the significant use of reinsurance and low net
retained business volumes relative to shareholders' equity.
However, Fitch believes the capital is exposed to the risk of a
repeat of the notable write-offs of reinsurance receivables and
negative revaluations of equity instruments which have occurred
in recent years.

Kazakhmys Ins has ambitious plans aimed at achieving strong top
line growth and developing a balanced portfolio of commercial and
personal risks.  Its expense ratio increased materially to 87% in
2013 from 18% in 2012 and remained high at 58% in 9M14 as the
company moved from being a captive insurer to a standalone
market-oriented insurer from 2012.  Fitch views maintenance of
underwriting discipline and prudent expense management as
important rating factors for the company in its initial growth
phase in the open market.

Kazakhmys Ins has gradually increased the level of its
reinsurance utilization to 90% in 9M14 from 82% in 2013 and 55%
in 2009.  The structure of the outwards reinsurance has not been
stable and was accompanied by volatile levels of reinsurance
commissions and significant fluctuations in the write-offs of
receivables, which reduced or increased claims recoveries in
different periods. Kazakhmys Ins uses reinsurance primarily to
protect its large commercial accounts.  Fitch expects reinsurance
use to decline once the company raises additional capital and
increases its underwriting capacity.

RATING SENSITIVITIES

The ratings could be upgraded if the scheduled capital increase
is completed and there is evidence of the successful execution of
the strategy, with continuing underwriting profitability and
diversification of the portfolio.

The ratings could be downgraded if the insurer fails to complete
the scheduled capital increase and as a result is unable to
execute its planned growth strategy.  Weak implementation of the
growth strategy accompanied by underwriting losses and the
inability to manage expenses prudently could also trigger a
downgrade.



=====================
N E T H E R L A N D S
=====================


KHAMSIN CREDIT: S&P Cuts Ratings on 4 Note Tranches to 'CCC-'
-------------------------------------------------------------
Standard & Poor's Ratings Services lowered its ratings on Khamsin
Credit Products (Netherlands) II B.V.'s (Khamsin) series 26, 27,
29, and 30 notes and removed them from CreditWatch where S&P
placed them with negative implications on Dec. 5, 2014.

Portfolio losses on the Khamsin transactions are calculated based
off of pre-determined recovery rates for currently held defaulted
or distressed securities and on realized losses from selling
distressed or defaulted securities.  Due to an error, some of the
information related to losses on sales of distressed or defaulted
securities was not included in our rating analysis.  The
downgrades reflect additional information on these realized
losses that S&P received from the calculation agent as well as
Standard & Poor's projections of potential future losses on
currently held defaulted and distressed securities.  Based on
S&P's updated analysis, which incorporates this additional
information, the calculated portfolio losses are close to
breaching the loss trigger.  As a result, S&P lowered the ratings
on the notes to 'CCC- (sf)'.  S&P notes that the calculated
portfolio losses could improve from current levels if there are
trading gains on future distressed asset sales, offsetting some
of the potential future losses.

The Khamsin transactions are leveraged super senior synthetic
collateralized debt obligation (CDO) transactions based on loss
triggers that reference the portfolio of Carnuntum High Grade I
Ltd., a European cash flow CDO backed by mainly high-grade
European residential mortgage-backed securities.  The notes in
the Khamsin transactions are also backed by Carnuntum's class A-1
notes.

S&P will continue to monitor these transactions and take rating
actions, including CreditWatch placements, as S&P deems
appropriate.

RATING AND CREDITWATCH ACTIONS

Khamsin Credit Products (Netherlands) II B.V.
Series 26
                       Rating
Class         To                     From
Tranche       CCC- (sf)              A- (sf)/Watch Neg

Khamsin Credit Products (Netherlands) II B.V.
Series 27
                       Rating
Class         To                     From
Tranche       CCC- (sf)              A- (sf)/Watch Neg

Khamsin Credit Products (Netherlands) II B.V.
Series 29
                       Rating
Class         To                     From
LvrgdSprSr    CCC- (sf)              A- (sf)/Watch Neg

Khamsin Credit Products (Netherlands) II B.V.
Series 30
                       Rating
Class         To                     From
LvrgdSprSr    CCC- (sf)              A- (sf)/Watch Neg



===========
N O R W A Y
===========


NORECO: Suspends Shares Trading; May Default on December Payment
----------------------------------------------------------------
Petro Global News reports that Noreco suspended trading of its
shares and bonds on Dec. 12 as it struggles to make US$95 million
in bond and interest payments due in December.

The company's stock has dropped to near record lows after it
announced last month it would most likely be unable to make the
payments, Petro Global News relates.

Publicly owned Noreco sent a summons to bond holders on Dec. 4
requesting approval for a US$82.6 million bond installment
payment waiver and US$12.46 million bond interest waiver, Petro
Global News relays.

"Pending discussions concerning amendments to the summons,
Norwegian Energy Company ASA has requested Oslo Bors for a
temporary suspension of the company's shares and bonds," Petro
Global News quotes Noreco as saying.

The company has faced mounting financial strain after the
offshore Huntington field was shutdown in October, forcing Noreco
to take about $110 million in write downs, Petro Global News
recounts.

The company, as cited by Petro Global News, said the impairments
are expected to have a "significant negative impact on cash flow
in 2015 and beyond."

Last year, bondholders approved a US$460 million refinancing plan
as Noreco faced insolvency following the shutdown of fields in
the UK and Denmark, Petro Global News relates.

Norway-based Noreco is a publicly owned, independent E&P company
with focus on exploration, development and production of oil and
gas in the North Sea region.



===========
P O L A N D
===========


SKOK WOLOMIN: KNF Seeks Court Approval for Bankruptcy Motion
------------------------------------------------------------
Reuters reports that Poland's financial regulator KNF is seeking
court approval for ailing credit union SKOK Wolomin to be
declared bankrupt, a step that would allow depositors to get
their money back through the country's bank guarantee fund.

According to Reuters, SKOK Wolomin has PLN2.3 billion (US$684
million) of deposits covered by Poland's Banking Guarantee Fund.

It is the latest Polish credit union to run into trouble in an
industry which has come under fire for weak management and poor
supervision in the past, Reuters notes.


Radio Poland, in a separate report, relates that the KNF made its
decision unanimously on December 11, several weeks after it
appointed a commissioner to manage the SKOK Wolomin credit union.

According to Radio Poland, serious trouble for the financial
institution began in October, when its CEO and deputy CEO were
arrested. They face charges of acting against the interests of
the company and of participation in organised crime, the report
recalls.

Radio Poland says KNF's commissioner examined the documentation
of the credit union and found that it was unable to pay off its
customers. Expired loans accounted for almost 80% of its credit
portfolio.

Radio Poland relates that after the decision on suspending the
activity of SKOK Wolomin, the KNF asked the Polish credit union
general assembly, Kasa Krajowa, if it would provide support to
the troubled cooperative.  However, the association claims that,
under present laws, it cannot provide a liquidity boost to the
credit union.



===============
P O R T U G A L
===============


CIMPOR CIMENTOS: S&P Withdraws 'BB' Ratings on Company's Request
----------------------------------------------------------------
Standard & Poor's Ratings Services withdrew its 'BB' ratings on
Cimpor Cimentos de Portugal, S.G.P.S., S.A. and its subsidiary,
Cimpor Inversiones, at the company's request.  The company has no
outstanding rated debt.  At the time of the withdrawal, the
rating and outlook reflected that of the company's ultimate
parent, Camargo Correa S.A. S&P continues to rate Intercement
Brasil S.A. which together with Intercement Participacoes S.A.
guarantee the also rated notes issued by Cimpor Financial
Operations B.V.



===========
R U S S I A
===========


MOSCOW UNITED: Fitch Affirms 'BB+' IDR; Outlook Stable
------------------------------------------------------
Fitch Ratings has affirmed JSC Moscow United Electric Grid
Company's (MOESK) Long-term foreign currency Issuer Default
Rating (IDR) at 'BB+' with a Stable Outlook.  In addition, Fitch
has assigned the company's RUB5bn domestic bonds a local currency
senior unsecured rating of 'BB+'.

MOESK's 'BB+' Long-term IDR benefits from a one-notch uplift for
parental support from its majority shareholder, JSC Russian
Grids, and ultimately the state.  The standalone rating of 'BB'
reflects the company's position as a near-monopoly electricity
distributor in Moscow and Moscow region and its sound credit
metrics remaining within Fitch's negative rating guidelines,
despite anticipated deterioration due to expected tariff and
volume growth moderation. We consider the regulatory risk to be
high and view it as a key factor due to which the standalone
ratings of Russian utilities are capped at sub-investment grade.

KEY RATING DRIVERS

Flat Tariffs Growth Expected

Following the tariff freeze for 2014, MOESK expects flat tariff
growth for 2015 and a low single digit annual tariff increase
over 2016-2017.  This is well below the tariffs rise set by the
regulator under the regulatory asset base (RAB) framework over
2012-2017 and significantly lower than our previous expectations
of the tariff growth at least in line with Russia's inflation,
which Fitch forecasts at 8% in 2014 and 9% in 2015.  Frequent
modifications of the regulatory regime and political
interventions undermine the predictability of the RAB framework,
which is necessary for networks to make long-term investment
decisions.

High Regulatory Risk

Fitch expects the regulatory risk in the Russian power sector to
heighten in 2015 due to the slowing economy and social
commitments of the government.  The uncertainties surrounding the
regulatory regime are the key factor due to which the standalone
ratings of Russian utilities (including networks) are capped at
sub-investment grade.  The instability builds uncertainties into
companies' operations and weighs on their cash flow generation,
increasing business and financial risks.

Volume Risk

Although the RAB regulatory framework provides for volume changes
to be captured in the tariff dynamics, even if delayed to non-
recessionary periods, we assess the regulatory track record as
weak and believe that MOESK is not immune from volume risk,
particularly during the economic and/or financial downturn.
Following moderate growth in 2014, we forecast the growth of
electricity volumes distributed by the company to materially
slowdown in 2015 on the back of a GDP decline forecast by Fitch
at 1.5% and expect modest volumes growth over 2016-2017.  Fitch
believes the volumes dynamics will continue to benefit from the
company's geography of operations and diversified end-customer
base.

Credit Metrics Within Guidelines

The expected moderation in tariffs growth is expected to coincide
with a lower than previously planned capex program over 2014-2017
with the largest reductions anticipated for 2014-2015.  As a
result, despite some deterioration of the financial profile, we
expect MOESK's credit metrics to remain in line with Fitch's
guidelines for the standalone 'BB' rating.  Fitch forecasts FFO
adjusted gross leverage (excluding connection fees) to increase
to around 3x in 2014 from 2.5x in 2013 and rise further to about
3.5x by 2017.  Fitch expects FFO fixed charge cover (excluding
connection fees) to drop to about 4.4x in 2014 from 5.2x in 2013
and further decline to about 3x by 2017.

Near Monopoly in Moscow and Moscow Region

MOESK's standalone rating of 'BB' is supported by the company's
position as a near-monopoly electricity distributor in Moscow and
Moscow region and its relatively good quality asset base compared
with Russian peers.  The company was responsible for around 83%
of total electricity distribution market (by volume) in Moscow
and 61% in the Moscow region in 2013.  Fitch views the company's
geography of operations as beneficial to its business profile as
the Moscow area is the most dynamically growing region of Russia
in terms of electricity consumption and a relatively high income
per capita compared with the Russian average, which should
support consumers' purchasing power.

Outperformance of Operational Regulatory Targets

MOESK outperformed the set operational regulatory targets (eg
controllable OPEX, electricity losses, interruption rate) in 2013
and we expect the company to continue largely outperforming these
targets over 2014-2017.  This is because MOESK has ample headroom
for efficiency improvement through cost cutting and technical
upgrades and enhancements.  This is especially important in the
context of the Russian regulatory framework, which in contrast to
some European regimes, fully penalizes underperforming companies
(without the limitation of the sharing factor) thus exacerbating
the downside risk.  Equally, the company confirmed to Fitch that
current regulation does not limit the upside potential allowing
the outperforming networks to receive full rewards.  However, it
remains to be seen whether MOESK will be able to retain all the
cost savings without leading to downward tariff revisions by the
regulator.

One-notch Uplift for Parental Support

Fitch incorporates a one-notch uplift in MOESK's 'BB+' Long-term
IDR for implied parental support as we assess the overall
strategic, operational and to a lesser extent legal ties between
the company and its majority shareholder, JSC Russian Grids and
ultimately the state, as moderately strong.  The relative
strength of the strategic and operational ties is underpinned by
MOESK's near-monopoly position in electricity distribution in
Moscow and Moscow region and its sizeable contribution to the
parent's EBITDA (23% in 2013).  Although the company has not
received any tangible financial support (eg equity contributions)
in the past given its solid financial profile, the track record
of JSC Russian Grids providing capital injections to its other
subsidiaries and holdings demonstrates the parent's willingness
to provide support if needed.

LIQUIDITY & DEBT STRUCTURE

In September MOESK issued RUB5bn domestic bonds, the proceeds of
which along with available credit lines of RUB29.9bn with
maturities in 2015-2019 (as of Dec. 10, 2014) and cash and cash
equivalents of RUB4.4bn at end-1H14 were sufficient to cover its
short-term obligations of RUB8.9bn at end-1H14.  The company's
debt repayment schedule is not well balanced with peak of
maturities in 2015 and 2018 of RUB20.9bn and RUB20.5bn,
respectively, as of end-1H14.  Fitch forecasts MOESK to remain
free cash flow negative over 2014-2017 and expect the company to
rely on external funding for debt refinancing.  Fitch assess its
FX risk as low as both the company's debt and revenue are ruble-
denominated.

RATING SENSITIVITIES

Positive: Future developments that could lead to positive rating
action include:

   -- Improvement of the Russian regulatory framework for
      electricity distribution and track record of its stability
      and predictability

   -- Evidence that the company can maintain FFO gross adjusted
      leverage (excluding connection fees) well below 3.5x and
      FFO fixed charge cover (excluding connection fees) above
      4.5x on a sustained basis would be positive for the
      standalone rating.

   -- Evidence of stronger ties with the parent.

Negative: Future developments that could lead to negative rating
action include:

   -- Significant deterioration of the credit metrics on a
      sustained basis (FFO gross adjusted leverage (excluding
      connection fees) above 4.5x and FFO fixed charge cover
      (excluding connection fees) below 3.25x) due to, for
      example, low tariff growth, high capex, persistent
      underperformance of the regulated operating expenses and/or
      acquisitions.

   -- Further material adverse changes to the regulatory
      framework.

   -- Weaker links with the parent and ultimately the state.

List of Rating Actions:

Long-term foreign currency IDR: affirmed at 'BB+'; Outlook Stable
Short-term foreign currency IDR: affirmed at 'B'
Long-term local currency IDR: affirmed at 'BB+'; Outlook Stable
National Long-term Rating: assigned at 'AA(rus)'; Outlook Stable
Local currency senior unsecured rating: assigned at 'BB+'
National senior unsecured rating: assigned at 'AA(rus)'


* S&P Applies Revised Criteria to 6 Russia-Focused Securities
-------------------------------------------------------------
Standard & Poor's Ratings Services said it has reviewed its
ratings on six Russia-focused securities firms by applying its
revised criteria for rating nonbank financial institutions,
published on Dec. 9, 2014.  Following S&P's review, it has raised
its ratings on one of the firms.  The outlook on this firm is
negative.  S&P has affirmed the ratings on the other five, and
revised four outlooks to negative from stable.  S&P also lowered
the Russia national scale rating on one company.

In general, the rating actions were driven by revisions to S&P's
criteria -- specifically, their increased emphasis on globally
consistent measures of risk-adjusted capitalization and funding
and liquidity -- rather than a sudden improvement or
deterioration in a firm's creditworthiness.  The outlook
revisions and S&P's lowering of one Russia national scale rating
take into account the rapid deterioration of operating conditions
in Russia.

"Our anchor -- a starting point for all ratings in a given
country -- for securities firms operating in Russia is 'b+',
reflecting our view of the sector's economic and industry risk.
The anchor is two notches below that for Russian banks.  The two-
notch difference reflects our view of securities firms' higher
industry risk than banks because of their weaker institutional
framework; higher competitive risk; weaker revenue dynamics;
increased funding risk due to a lack of central bank access; and
less-liquid, more-volatile domestic capital markets.  While the
Bank of Russia assumed supervisory functions over securities
firms in 2013, regulatory oversight is still developing, with
only minimum requirements in place.  We expect this to gradually
converge with banking regulatory standards, but with only modest
improvement over the next two-to-three years.  Russian securities
companies face strong competition from both banks and
subsidiaries of state-owned banks.  Further, Russian securities
firms' revenues are typically more transactional and therefore
more prone to volatility," S&P said.

Securities companies are exposed to heightened credit risk in
Russia due to a deterioration of economic growth aggravated by a
drop in oil prices, a rapid devaluation of the Russian ruble, and
a massive capital flight on the back of geopolitical tensions
between Russia and Ukraine.  S&P also believes that securities
companies' access to funding may worsen on the back of rising
interest rates and a decline in counterparty confidence.

S&P has now removed the under criteria observation (UCO)
identifier from its ratings on all entities listed below.  S&P
anticipates publishing research update reports on these entities
within 30 business days.

RATINGS LIST

Upgraded; Outlook Action
                                        To                  From
Investment Company Veles Capital LLC
Issuer Credit Rating            BB-/Negative/B      B+/Stable/B
Russia National Scale           ruAA-               ruA

Downgraded
                                        To                  From
REGION Investment Co. ZAO
Russia National Scale                  ruBBB-              ruBBB

Region Capital LLC
Senior Unsecured (1)                   ruBBB-              ruBBB

Ratings Affirmed; Outlook Action
                                        To                  From
BCS Holding International Ltd.
Issuer Credit Rating            B-/Negative/C       B-/Stable/C

BrokerCreditService (Cyprus) Ltd.
Issuer Credit Rating            B/Negative/B        B/Stable/B

REGION Investment Co. ZAO
Issuer Credit Rating            B-/Negative/C       B-/Stable/C

Renaissance Financial Holdings Ltd.
Issuer Credit Rating            B/Negative/B        B/Stable/B

Ratings Affirmed

Ronin Europe Ltd.
Issuer Credit Rating                   B+/Stable/B

Region Capital LLC
Senior Unsecured (1)                   B-

Renaissance Securities Trading Ltd.
Senior Unsecured (2)                   B

(1) Guaranteed by REGION Investment Co. ZAO.
(2) Guaranteed by Renaissance Financial Holdings Ltd.



===============
S L O V E N I A
===============


MAKSIM HOLDING: Faces Delisting Due to Bankruptcy
-------------------------------------------------
SeeNews reports that Maksima Holding was set to be delisted from
the Ljubljana's entry market from Friday, Dec. 12, due to
bankruptcy.

Ljubljana District Court declared Maksima Holding bankrupt on
Dec. 5, SeeNews recounts.  The company failed to repay EUR2.058
million (US$2.56 million) to Gorenjska Banka while another
creditor, Banka Celje, initiated insolvency proceeding in
September, SeeNews relates.

The supervisory board found the company insolvent in October and
instructed the management board to prepare a financial
restructuring plan, SeeNews relays.

The majority owner of Maksima is the insolvent company FB
Investments, controlled by Igor Bavcar, SeeNews discloses.

At the end of October, Maksima Holding had a mere EUR5.76 million
worth of assets, of which EUR4.5 million in securities, according
to SeeNews.  Its equity was a negative EUR1.35 million, SeeNews
notes.

Maksima Holding is a Slovenian financial company.



=========
S P A I N
=========


CAR RENTALS: S&P Assigns Preliminary 'B' CCR; Outlook Stable
------------------------------------------------------------
Standard & Poor's Ratings Services assigned its preliminary 'B'
long-term corporate credit rating to Spanish rental company Car
Rentals Parentco, S.L.U. (Goldcar).  The outlook is stable.

At the same time, S&P assigned its preliminary 'B' issue rating
to the group's proposed EUR450 million senior secured debt
(comprising a EUR125 million revolving credit facility, EUR50
million Term Loan A, and EUR275 million Term Loan B).  The
preliminary '3' recovery rating on this proposed debt indicates
S&P's expectation of meaningful (50%-70%) recovery in the event
of a payment default.

The preliminary ratings reflect S&P's assessment of Goldcar's
business risk profile as "weak," its management and governance
score as "fair," and its financial risk profile as "aggressive,"
according to S&P's criteria.

S&P's assessment of Goldcar's business risk profile is
constrained by the group's smaller size compared with peers, its
concentration in Spain (where it generates more than 75% of its
revenue), and the substantial seasonality in the business, with
the majority of earnings generated in the summer months.  S&P
also considers the price-competitive and cyclical nature of on-
airport car rentals.

Goldcar targets the leisure traveler.  Although the group relies
on inbound tourism with good prospects in Spain, it is less
diversified in terms of geography and product offering when
compared with the bigger players.  The on-airport segment, which
generates about 95% of Goldcar's revenue, relies heavily on
airline traffic.  Demand tends to be cyclical, influenced by
global events (such as wars, terrorism, and disease outbreaks),
and is usually fiercely price competitive, because of excess
capacity at times and participants' efforts to maintain market
share.

However, S&P acknowledges Goldcar's leading position in its home
market, with about 24% market share in leisure car rentals in
Spain.  In addition, S&P recognizes that Goldcar's business model
differs from its larger competitors.  Goldcar's operations are
based on low rental costs, although heavily reliant on ancillary
services (which comprise about 50% of revenue to the usual 20%-
30% for larger peers), and overall targeting the growing segment
of value-conscious customers.  S&P also views the group's EBITDA
margins of about 40% at the higher-end when compared with those
of its car rental peers.

S&P's assessment of Goldcar's financial risk profile is
underpinned by the group's majority ownership by financial
sponsor, Investindustrial.  S&P views Goldcar's financial risk
profile as aggressive, similar to other car rental companies.
This is primarily due to the capital intensity of the car rental
business, which is largely debt financed.  Still, the financial
flexibility of Goldcar and other car rental companies benefits
from the highly liquid nature of the assets.  In addition, a
substantial portion of Goldcar's fleet are covered under
repurchase agreements, which require auto manufacturers to
repurchase the cars at preset prices if certain predetermined
conditions are met.  This allows the company to adjust the size
of its fleet to better adapt to demand.  Although S&P expects
that the group's credit metrics will sit comfortably in S&P's
aggressive financial risk category, it is not able to solely rely
on year-end figures for a proper assessment of the financial risk
profile given Goldcar's seasonality and intra-year financing
needs.  Moreover, S&P's forecast of neutral free operating cash
flow (FOCF) generation in the next two years is an important
element of S&P's overall rating assessment.

Under S&P's base case, it assumes:

   -- About 4% revenue growth over the next 12 months, mainly
      driven by increasing volumes, and a slight reduction in
      ancillary prices;

   -- Stable reported EBITDA margins of about 40%;

   -- Net capital expenditures of 28%-30% of revenues per year;
      And

   -- No acquisitions or dividend distributions in the near term.

Based on these assumptions, S&P arrives at these credit measures
for the next 12-18 months:

   -- Adjusted debt to EBITDA of about 4.0x;

   -- Adjusted EBITDA interest coverage of about 4.0x;

   -- Unadjusted EBITDAR to interest plus rent of 2.4x; and

   -- Adjusted FOCF to debt of about 4.1%.

The stable outlook on Goldcar reflects S&P's expectation that the
group will achieve low- to mid-single-digit percent growth in
2015 with a stable EBITDA margin near 40%.  S&P expects this will
result in adjusted leverage of roughly 4.0x at year-end.  S&P
also factors in its view that Goldcar will maintain "adequate"
liquidity, with sufficient headroom under its covenants.

S&P could consider a negative rating action if Goldcar's adjusted
EBITDA interest coverage falls below 2.5x, or if S&P perceives
weakening liquidity.  S&P could also lower the rating if the
group is not able to execute its growth strategy outside Spain,
experiences an unexpected loss of market share, and/or
considerable revenue or profit decline.

S&P would consider an upgrade if Goldcar was able to materially
expand its business beyond Spain, which could improve its
business risk profile.  However, this hinges on the group
abstaining from adopting a more aggressive financial policy
toward shareholder remuneration or releveraging.  That said, S&P
considers a positive rating action unlikely over the next 12-18
months.


SNIACE SA: Common Phase of Insolvency Process Concluded
-------------------------------------------------------
Reuters reports that the Commercial Court in Madrid has declared
the conclusion of the common phase of insolvency proceedings for
Sniace SA, Celltech SLU and Viscocel SLU.

Reuters relates that the court agrees to open the composition
agreement with deadline to submit proposals of agreement until
Jan. 3, 2015.

The court declares deadline for votes against various proposals
of agreement until Feb. 3, 2015, adds Reuters.



===========
T U R K E Y
===========


MUNICIPALITY OF BURSA: Fitch Affirms 'BB' IDR; Outlook Stable
-------------------------------------------------------------
Fitch Ratings has affirmed the Metropolitan Municipality of
Bursa's Long-term foreign and local currency Issuer Default
Ratings (IDRs) at 'BB' and National Long-term rating at 'AA-
(tur)'.  The Outlooks are Stable.

KEY RATING DRIVERS

The ratings reflect Bursa's high debt levels, significant
unhedged foreign currency exposure and its moderate capex
investments, which are balanced by its resilient operating
performance, due to its strong local economy base.

Fitch expects Bursa to post strong operating margins of between
40%-45% in 2014-2016, due to its fairly diversified and dynamic
local economy.  Fitch forecasts Turkey's real GDP growth to
recover slightly to 3% in 2014 from 2.7% in 2013, which together
with a one-off increase in its tax base should help the city to
post an operating margin of about 45% in 2014.  Under Law 6360,
the tax revenue base of the metropolitan municipalities increased
by 1pp to 6% in 2014.  Nationally collected and redistributed tax
revenues make up the bulk of the metropolitan municipalities'
operating revenue.

At end-2013, Bursa's direct debt had grown by 27% to TRY1.146
million. The increase was mainly driven by the sharp depreciation
of the Turkish lira in 2013.  In 2014-2016, Fitch expects direct
debt to decrease to about 110%-120% of current revenue, due to
the expected increase in tax revenue.  However, in absolute terms
debt will increase to about TRY1.4m in 2016, driven by capital
spending induced borrowing.

Bursa's unhedged foreign-currency-denominated debt exposes the
city to foreign exchange risk.  Its foreign currency debt is
euro-denominated and accounted for 66.7% of its outstanding debt
amounting to TRY764.6 million equivalent at end-2013.  Of the
foreign-currency-denominated debt, 73% has a guarantee from the
National Treasury.  The weighted average maturity of its foreign
debt is 12.8 years and most of its lenders are multinationals.
When including domestic debt, the weighted average maturity of
the total debt portfolio reduces to nine years.

The city accomplished the majority of its capital-intensive metro
line construction (East-West Line by 40km) by 2013.  From 2015
onwards, the administration plans to invest in tram wagons to
meet the demands of the high frequency during the peak hours.
Fitch projects capex will account for about 40% of total
expenditure by 2016.

Bursa's indirect risk totaled TRY213.8 million at end-2013, a 10%
increase yoy.  The municipality has four majority-owned companies
and one public entity and debt at these five public sector
entities (PSEs) is self-supporting.  Similar to other Turkish
metropolitan municipalities, Bursa supports its PSEs with regular
capital injections.  As of 3Q14, it had injected a total of
TRY43m to two of its majority owned companies, Burulas (public
transportation operator) and Burbak (car parking operator).

Bursa has wealth levels above the national average and 3.6% of
the Turkish population lives in the metropolitan city. In 2013,
Bursa was the third-largest city with a 7.3% share of total
national exports.  The city is the main hub for the automobile
and automotive industry and the textile and food processing
industries.

RATING SENSITIVITIES

A sharp increase in the overall debt burden, accompanied by
increasing exposure to FX risk, leading to a deterioration of
debt payback ratio above the weighted average maturity of its
direct debt for two consecutive years, would lead to a downgrade.

Sustainable reduction of overall risk with maintenance of strong
debt payback below 5 years (2013: 4.4 years) and continuation of
strong budgetary performance amid current municipalities' reform
would be positive for the ratings.



=============
U K R A I N E
=============


VAB BANK: Oleg Bakhmatyuk to Put Forward Resolution Proposals
-------------------------------------------------------------
Sally Bakewell at Bloomberg News reports that Oleg Bakhmatyuk,
whose majority shareholding in Ukraine's VAB Bank was wiped out
when the central bank declared it insolvent last month, is
seeking to keep a foothold in the lender through its
restructuring.

Mr. Bakhmatyuk, known as the "Egg King" because his empire
includes Ukraine's biggest egg producer, said he plans to invest
in a program to prevent the bank's liquidation, Bloomberg
relates.  According to Bloomberg, the country's Deposit Guarantee
Fund, which has administered VAB since its insolvency, asked
potential investors to express interest in its resolution process
by Dec. 15.

"We want to prevent the bank being written down to peanuts and to
be sold off as a distressed asset," Mr. Bakhmatyuk, as cited by
Bloomberg, said in a Dec. 9 interview in London.  "We are happy
to shoulder our fair share of the risk involved and are ready to
put money on the table."

VAB failed to make a coupon payment on US$125 million of bonds in
September as Ukraine's conflict with Russia undermined the
country's currency, Bloomberg recounts.

Mr. Bakhmatyuk said he will bid to participate in the fund's
resolution proposals, which include a transfer of VAB's assets
and liabilities to another bank, the creation of a bank to bridge
the sale of assets and liabilities to another investor, or a sale
of the bank to an investor, Bloomberg notes.

Mr. Bakhmatyuk is seeking to provide new debt alongside a sale of
existing assets and liabilities to a government-owned bank, which
he said would cover bondholders and more depositors than the
guarantee fund, Bloomberg relays.

A group of creditors advised by Clifford Chance LLP are demanding
a probe into the bank's lending activity in the months before its
insolvency, Bloomberg states.

VAB Bank is based in Ukraine.


VTB BANK: Fitch Affirms Then Withdraws CCC Issuer Default Rating
----------------------------------------------------------------
Fitch Ratings has affirmed PJSC VTB Bank (Ukraine)'s (VTBU) Long-
term foreign currency Issuer Default Rating (IDR) at 'CCC'. At
the same time, the agency has withdrawn the bank's ratings.

KEY RATING DRIVERS

Fitch has withdrawn VTBU's ratings as the issuer has chosen to
stop participating in the rating process. Fitch will no longer
provide ratings coverage for VTBU.

VTBU's IDRs factor in the likelihood of support the bank may
receive from its majority shareholder, Russia's JSC Bank VTB,
which holds a more than 99% stake in VTBU.  Fitch's view of
potential support considers the close operational links between
parent and subsidiary, including the significant proportion of
funding from VTB, and the track record of capital and liquidity
support, including short-term funding provided in 1H14 and a
capital contribution made in 4Q14.

Ukraine's Country Ceiling of 'CCC' limits the extent to which
support from the majority shareholder can be factored into the
bank's foreign currency IDRs and reflects the heightened risk of
capital and/or exchange controls being tightened, to the extent
that these would materially constrain or impede the private
sector's ability to repay foreign currency obligations.  Limited
capital controls introduced in February 2014 do not prevent
external debt service.  VTBU's 'B-' Long-term local currency IDR
also takes into account country risks.

The rating actions are as follows:

  Long-term foreign currency IDR: affirmed at 'CCC' and withdrawn

  Long-term local currency IDR: affirmed at 'B-', Outlook
  Negative, and withdrawn

  Senior unsecured local currency debt: affirmed at 'B-'/ 'RR4'
  and 'AAA(ukr)', and withdrawn

  Short-term foreign currency IDR: affirmed at 'C' and withdrawn

  Support Rating: affirmed at '5' and withdrawn

  National Long-term rating: affirmed at 'AAA(ukr)'; Outlook
  Stable, and withdrawn

  Viability Rating: withdrawn at 'ccc'



===========================
U N I T E D   K I N G D O M
===========================


CPUK FINANCE: S&P Puts 'BB+' Rating on CreditWatch Negative
-----------------------------------------------------------
Standard & Poor's Ratings Services placed on CreditWatch negative
its 'BB+ (sf)' credit rating on CPUK Finance Ltd.'s class B
notes.

CPUK Finance blends a corporate securitization of its operating
business with a subordinated high-yield issuance (the class B
notes) which, if not refinanced on its expected maturity date,
would defer interest for as long as the senior debt remains
outstanding.

Following S&P's performance review of CPUK Finance, S&P assess
the borrowing group's business risk profile as "fair", which has
been stable over the transaction's life, in line with S&P's
criteria.

While S&P projects that the business' operating cash flows may be
sufficient to repay the deferred interest by its legal final
maturity date under S&P's cash flow stresses, it believes that
the transaction structure could trigger a class B event of
default sooner.  This would occur if the issuer did not have
sufficient funds to pay the deferred interest, together with the
then current interest on the class B notes, as soon as the senior
debt is fully repaid.

In such a scenario, it is questionable whether the cash flows
generated by the business will be undisrupted and continue beyond
the class B notes' event of default to repay the deferred
interest and service the notes through legal final maturity,
including the full repayment of principal.  This uncertainty
requires S&P to place greater emphasis on the cash flow available
to pay the amounts then due and payable under the terms of the
class B notes when the senior debt has been redeemed.

S&P currently estimates that, at the current rating level for the
class B notes, the amount becoming due and payable on the class B
notes immediately after the senior notes have been repaid is
likely to exceed the cash flow available for debt service.

S&P has therefore placed its 'BB+ (sf)' rating on the class B
notes on CreditWatch negative, pending its assessment of the
impact of an event of default for the notes.  S&P expects to
resolve the CreditWatch placement within three months.

The debt issued by CPUK Finance is secured by the cash flows
generated by four family-oriented holiday villages operated by
Center Parcs.


INDUS PLC: Fitch Lowers Rating on Class C Notes to 'Csf'
--------------------------------------------------------
Fitch Ratings has downgraded Indus (Eclipse 2007-1) plc's class C
notes and affirmed the others, as:

GBP108.9 million class A (XS0294756449) affirmed at 'BBBsf';
Outlook Stable

GBP47.0 million class B (XS0294757173) affirmed at 'Bsf'; Outlook
Stable

GBP52.9 million class C (XS0294757256) downgraded to "Csf" from
'CCCsf'; Recovery Estimate (RE) 50%

GBP16.5 million class D (XS0294757504) affirmed at 'Dsf'; RE0%

GBP0 million class E (XS0294757686) affirmed at 'Dsf'; RE0%

The transaction was originally a securitization of 19 commercial
mortgage backed loans (six remain), 18 of which were originated
by Barclays Bank PLC (A/Stable/F1) and one a senior tranche of a
loan originated by Bank of Scotland.  14 loans have repaid since
closing, with four resulting in a loss for the junior
noteholders. The total loan balance has reduced to GBP225 million
from GBP894 million.  The loans are currently secured against a
portfolio of office, industrial and retail properties located in
the UK.

KEY RATING DRIVERS

The affirmation of the class A and B notes and Stable Outlook was
driven by a number of events that have occurred since the last
rating action.  The most notable were the prepayment of a portion
of the No's 2 &3 loan from GBP10 million of proceeds received as
a result of a change of ownership of the borrower, and the sale
of the remaining properties in the Workspace portfolio for GBP8.6
million.  In addition, the Forster Hall loan, which made up 3.2%
of the loan balances (GBP7.8 million) at the last rating action,
repaid in full, as expected.

The Criterion loan now accounts for 51% of the outstanding deal
amount and is backed by a mixed-use asset on Piccadilly Circus
that houses McKinsey & Company (60% of income), and the sports
retailer Lillywhites (5%), among others.  Although the asset sits
in a prime location, there have always been difficulties in
letting certain sections of the retail space, possibly due to the
property's configuration.  The space previously occupied by Zavvi
(which went into administration in 2009) is currently let on a
"tenancy at will" basis, increasing the risk of income
volatility.

Income from the property has remained largely stable over the
past 12 months.  While the loan suffers from a large mark-to-
market swap exposure of around GBP22 million, this has reduced
from around GBP30 million due to rising medium term interest
rates and the swap's decreasing duration, mitigating the
shortening term to break for McKinsey & Company.  As Fitch
estimates swap breakage costs on the basis of long-term interest
rate stresses, shorter term interest rate market dynamics are
rating neutral.

The sale proceeds from the sale of the Workspace portfolio,
although positive compared with Fitch's expected recoveries at
the last rating action, were still at a discount to the last
valuation and will result in a considerable loss on the loan
(potentially GBP17 million-GBP18m).  This will result in the
class D notes being written down in full and the class C notes
taking a loss, as reflected in the downgrade of the class C notes
and the adjustment of the RE to 50% from 80%.

No's 2 &3 loan, like the smaller loans (Sol Central and Amsterdam
place), are backed by secondary or tertiary quality assets. As
noted at the last rating action, although there are signs of
improvement in the investment and occupational markets for good
secondary assets, Fitch believes most of these assets are
unlikely to benefit from this change in sentiment.

RATING SENSITIVITIES

Fitch estimates 'Bsf' principal recoveries of approximately
GBP180m.  A further deterioration in the performance of the loans
backed by secondary/tertiary assets, such as the No's 2 &3 loan,
is likely to have a detrimental effect on the junior notes.  The
senior classes are susceptible to a decline in the performance of
the Criterion loan, in particular its retail space let on a
"tenancy at will" basis and the future break option of McKinsey &
Company in 2018.


MARUSSIA F1: Items to be Auctioned Off
--------------------------------------
Banbury Guardian reports that assets belonging to the former
Banbury-based Marussia F1 racing team are to be sold off at
auction.

The team was on the Overthorpe Industrial Estate until it went
into administration in November and ceased trading two weeks
later, according to Banbury Guardian.  Two hundred staff were
made redundant.

Among the items to be sold at the auction include a driving
wheel, various signed pictures and uniforms, testing gear and
even driving simulators. Race and show cars will also be
auctioned, but their engines have been removed, Banbury Guardian
notes.

The items will be auctioned live through a webcast from Tuesday,
December 16 to Thursday, December 18 and again on January 21.
There are no reserve prices on any of the items.

Marussia F1 had hoped to complete the Formula 1 season after
missing the Brazilian and US Grand Prix, the report discloses.
Their last race was in Russia on October 12.

Their driver Jules Bianchi suffered severe head injuries in a
crash at the Japanese Grand Prix earlier in October, the report
adds.


MIVAN: Former Workers Won Payout Worth GBP2,500 Each, Union Says
----------------------------------------------------------------
belfasttelegraph.co.uk reports that workers made redundant from
construction company Mivan have won a payout worth GBP2,500 each,
their union said.

The 144 employees lost their jobs without warning when the Antrim
firm went into administration in January, according to
belfasttelegraph.co.uk.  An industrial tribunal in Belfast
granted the award.

The report notes that William Glendinning from Newtownabbey,
formerly a laborer with Mivan, said: "As the senior trade union
representative in the workplace, I expected that the employer
would have consulted with us about the proposed redundancies
which came as a complete surprise.

"This extra compensation is very helpful to myself and the others
who lost their jobs with no prior warning and consultation, a
number of whom remain unemployed or had to go abroad to get
work," the report quoted Mr. Glendinning as saying.

In a case taken on behalf of the workers by solicitors Thompsons
Northern Ireland it was argued that the workers were entitled to
an award as the company had failed to consult the workers prior
to making them redundant, the report relays.  The tribunal
granted the payout for all who made a claim.

As Mivan is insolvent the award will be paid by the Redundancy
Payments Service, run by the Department for Employment and
Learning, and is capped at eight weeks pay, the report discloses.

The report notes that Andy Fisher, regional secretary for the
Union of Construction, Allied Trades and Technicians (UCATT)
said: "Dedicated construction workers, many with years of service
with the company, were dismissed without warning.

"It is only through the combined efforts of UCATT and Thompsons
NI, that these workers have been able to receive compensation,"
the report quoted Mr. Fisher as saying.

Mivan (No1) Limited made all 283 of its employees redundant
between January 17, 2014 and May 2, 2014.

The decision to make the protective award paves the way for other
former employees at Mivan to also claim compensation, the union
said, the report adds.


PRIORY GROUP 3: Fitch Raises Rating on Senior Notes to 'BB+'
------------------------------------------------------------
Fitch Ratings has upgraded Priory Group No. 3 plc's (Priory)
senior notes to 'BB+'/'RR1' from 'BB'/'RR2'. The ratings have
been removed from Rating Watch Positive (RWP) on which they were
placed on Oct. 17, 2014.  At the same time, Fitch has affirmed
Priory's Long-term Issuer Default Rating (IDR) at 'B+' with a
Stable Outlook and the RCF and senior secured notes ratings at
'BB+'/'RR1'.

The upgrade of the senior notes reflects Fitch's expectation of
improved recoveries for senior noteholders assuming a default
scenario, following the completion of the sale and leaseback
transaction for six acute psychiatric hospitals as per the terms
announced in October 2014 and the subsequent repayment of
GBP244.7 million of prior-ranking senior secured notes due 2018.
All other ratings remain unaffected.

KEY RATING DRIVERS

Improved Recoveries for Senior Notes

While the proportion of freehold and long-leasehold properties
within Priory's overall portfolio will be reduced to 83% from
85%, Fitch estimates the value of assets in a liquidation
scenario to remain sufficient to ensure recoveries for unsecured
noteholders up to 'RR1' (i.e. 91% to 100% recovery rate).
Outstanding recoveries are supported by the lack of structural
subordination for unsecured noteholders and by the UK
jurisdiction where any liquidation of the assets would likely
take place.

Increased IDR Headroom

Following the sale and leaseback transaction, Fitch expects funds
from operations (FFO) adjusted gross leverage to decrease to 5.7x
from 6.7x at fiscal year-end 2013 (FYE13) and FFO fixed charge
coverage to improve to about 2.0x from 1.8x.  As a result,
financial flexibility has improved, providing additional headroom
under the current 'B+' IDR and thereby further differentiating
Priory from lower-rated health and social care providers.
However, Fitch does not expect credit metrics to reach the
agency's positive rating triggers in the near term, hence the
Stable Outlook on the IDR.

Operating Challenges Remain Manageable

The group's performance through to September 2014 remains
satisfactory despite a challenging operating environment, driven
by higher staff and compliance costs across the sector as well as
unfavorable pricing in the Education division.  Fitch believes
that Priory is well placed to manage these challenges, given its
leading market position as the UK's largest provider of
independent acute mental health care, strong brand and good
relationship with the National Health Service (NHS).  The rating
of 'B+' is supported by management's proactive approach in
adapting to a new operating environment, in managing costs, in
conducting asset sales to reduce debt and in investing in
marketing and systems to help drive growth.

Adequate Business Diversification

Priory's diversification across high acuity mental health care,
elderly care homes, educational and other specialist services
helps mitigate the impact of potential challenges arising from
one single segment.  Recently, the under-performance of the
Education division resulting from a structural change in pupils'
mix towards lower-margin day placements and away from higher-
margin residential placements has been partly compensated by
sustained growth in other divisions.

Supportive Long-Term Fundamentals

Fitch continues to believe that Priory is well placed to benefit
from the outsourcing of high acuity patients by the NHS in the
long term.  Fitch expects future volumes to largely offset
pricing pressure stemming from fee negotiations with the NHS over
the near-to-medium term as a result of budget constraints.

Moderate Execution Risks

Fitch considers the underlying execution risk inherent in
Priory's expansion plans for its Healthcare and Craegmoor
divisions to be moderate given management's track record.  The
group has recently indicated that it will prioritize growth
opportunities in private outpatients and new autism services
where it can achieve higher growth than the wider market.  Fitch
believes that these targeted growth areas will not affect
Priory's business risk profile materially.

RATING SENSITIVITIES

Positive: Future developments that may, individually or
collectively, lead to positive rating action include:

   -- FFO lease-adjusted gross leverage below 5.0x (or 4.5x net
      of unrestricted cash) on a sustained basis;

   -- FFO fixed charge cover above 2.5x on a sustained basis;

   -- Improvement in EBITDAR margin towards 30% or free cash flow
      (FCF) margin of 5% on a sustained basis.

Negative: Future developments that may, individually or
collectively, lead to negative rating action include:

   -- FFO lease-adjusted gross leverage above 6.5x (or 6.0x net
      of unrestricted cash) on a sustained basis;

   -- FFO fixed charge cover below 2.0x on a sustained basis;

   -- Permanently weak FCF resulting from further price and cost
      pressure.

LIQUIDITY AND DEBT STRUCTURE

Long Dated Debt Maturity Profile

The debt structure provides the group with financial flexibility
as the maturity profile is back-ended and long-dated.  Following
the sale and leaseback, debt will include GBP386.3m of senior
secured notes due 2018 and GBP175m of senior notes due 2019.

Satisfactory Liquidity

Fitch expects liquidity to remain satisfactory given the absence
of significant debt maturity until 2018, together with the
agency's expectation of positive FCF from FY15.  In addition,
Priory has access to a committed GBP70 million senior secured
revolving credit facility (RCF) expiring in 2017 that can be used
for capex purposes of up to GBP50 million.  As of September 2014,
GBP49 million was available under the RCF.


RICHARD FLETCHER: Jobs Go as Scrap Metal Dealer Shuts
-----------------------------------------------------
Insider Media Limited reports that a GBP10 million-turnover scrap
metal dealer headquartered in Derbyshire and founded in 1982 has
closed its doors with the loss of almost 50 jobs after falling
into administration.

Directors from The P&A Partnership, John Russell and Ashleigh
Fletcher, were appointed administrators of Richard Fletcher
(Metals) Ltd on December 1, 2014, according to Insider Media
Limited.

The company was a scrap metal dealer based on Newbridge Lane, Old
Whittington, Chesterfield.

An associated company, R Fletcher Waste Disposal Ltd, trades from
the Clement Street premises in Sheffield, the report relates.

Administrators said Richard Fletcher (Metals) had been marketed
for sale for some time but a purchaser could not be found, the
report discloses.  The site has now closed and the majority of
the 42 employees have been made redundant.

"We are currently clearing the site and selling off the scrap
metal and machinery.  The site is now being marketed for sale,"
the report quoted a spokesman for the P&A Partnership as saying.

In its most recently filed accounts, for the year to June 30,
2013, turnover at Richard Fletcher (Metals) fell from GBP14.7
million to GBP10.9 million, although the business did return to
profit, the report notes.

Earlier this year, Richard Fletcher (Metals) was fined following
an Environment Agency investigation into a Bonfire Night blaze in
2013 which was emitting dark smoke in the direction of
Chesterfield city center, the report discloses.

In court, the company admitted one charge of disposing of waste
in a manner likely to cause pollution or harm to human health,
the report relates.

Representing the company, director Richard Fletcher said in
mitigation that the waste had been burned by staff who did not
know that doing so was against the law, the report notes.

In addition to the fine, the company was ordered to pay GBP3,097
in costs and a victim surcharge of GBP120, the report adds.


TOWERGATE HOLDINGS: Moody's Cuts Corporate Family Rating to Caa3
----------------------------------------------------------------
Moody's Investors Service has downgraded the Corporate Family
Rating (CFR) and Probability of Default Rating on Towergate
Holdings II Ltd by two notches to Caa3 / Caa3-PD. The senior
instruments issued by Towergate Finance plc have also been
downgraded, with the senior secured downgraded three notches to
Caa2 and the senior unsecured downgraded one notch to Ca. All
ratings have a developing outlook. The revised ratings reflect
Moody's view that, notwithstanding some progress by the Group in
terms of asset sales, the probability of some form of corporate
restructuring is elevated.

Ratings Rationale

Whilst recognizing the value of Towergate's strong UK insurance
broker market presence and historically good, albeit declining,
EBITDA profitability, Moody's believes that the Group is
increasingly constrained in terms of its longer-term liquidity
needs.

Moody's believes that the material deterioration in Towergate's
profitability during 2014 is increasing pressure on operational
cash-flows. Towergate is addressing its immediate liquidity
issues (including approximately GBP31 million of coupon payments)
due Q1 2015 via the sale of non-core assets and other management
actions. In this regard, the recently announced sale of Hayward
Aviation for GBP27 million will make a material contribution to
the Group's short term cash-flow needs.

However, Moody's believes that the Group's future revenue and
consequently cash-inflows will remain under pressure, as a result
of tough trading conditions in the UK, adverse effects on sales
from the Group's change program, and potential reputational
damage resulting from recent events, including the loss of
certain senior staff members. Moody's expects cash-outflows to
remain at elevated levels as the Group continues to execute on
its change program, which Moody's now believes will take longer
and cost more than first anticipated, with the timing and
magnitude of future cash benefits still uncertain at this stage.

As previously announced, Towergate has been approached by parties
interested in potentially acquiring the Group. Subsequently, the
Group, to comply with legal requirements, has also invited senior
bondholders to make acquisition proposals. Although Moody's views
the Group's strong franchise as attractive to prospective
bidders, given Towergates's significant indebtedness Moody's sees
an elevated probability of some form of corporate restructuring,
leading to a CFR and probability of default rating at the Caa3
level.

The rating gap between the senior secured at Caa2 and senior
unsecured at Ca reflects the difference in expected loss due to
the collateral held by senior secured bondholders in the form of
an equity pledge over all the main operating subsidiaries of the
Group, and substantially all of Towergate's unrestricted tangible
and intangible assets.

Developing Outlook

Moody's developing outlook reflects the additional negative
pressures that could emerge in the event of any inability to make
coupon payments due (in the near term), as well as the possible
negative implications for bondholders of the Group entering into
a restructuring agreement with its equity and creditor investors.
Conversely, positive pressure could arise if the Group is able to
fully restore short term liquidity through the disposal of
further non-core assets and other management actions, together
with a marked reduction in restructuring costs and the
realisation of cost savings and organic revenue growth.

What Could Move The Rating Up/Down

Moody's says that further negative rating action could result
from: (1) the inability of the Group to renegotiate its bank
covenant; (2) the inability of the Group to restore its short
term liquidity to sufficiently fund its operational and debt
servicing needs; or (3) negative implications resulting from any
corporate restructuring undertaken

Conversely, the rating may see positive rating pressure in the
event of: (1) the successful sale of further non-core assets and
execution of management actions to restore short term liquidity;
and (2) a marked reduction in restructuring costs together with
the realisation of cost savings and organic revenue growth.

The following ratings have been downgraded with a developing
outlook:

Towergate Holdings II Ltd:

  Corporate family rating to Caa3 from Caa1

  Probability of default rating to Caa3-PD from Caa1-PD

Towergate Finance Plc:

  Senior secured revolving credit facility to Caa2 (LGD2, 29%)
  from B2 (LGD3, 30%)

  Senior secured notes to Caa2 (LGD2, 29%) from B2 (LGD3, 30%)

  Senior unsecured notes to Ca (LGD5, 85%) from Caa3 (LGD5, 84%)

Principal Methodologies

The methodologies used in this rating were Moody's Global Rating
Methodology for Insurance Brokers & Service Companies published
in February 2012, and Loss Given Default for Speculative-Grade
Non-Financial Companies in the U.S., Canada and EMEA published in
June 2009.

On a consolidated basis under IFRS, Towergate PartnershipCo
Limited as at year end 2013 reported total fee and commission
income of GBP445 million (2012: GBP439 million), an operating
profit of GBP86 million (2012: GBP107 million) and a net loss of
GBP40 million (2012: net loss of GBP5 million).



===============
X X X X X X X X
===============


* S&P Applies Revised Criteria to 5 European Nonbank Companies
--------------------------------------------------------------
Standard & Poor's Ratings Services said that it has reviewed its
ratings on five European finance companies (one based in the U.K.
and four in Russia) by applying its revised criteria for rating
nonbank financial institutions (NBFI), published on Dec. 9, 2014.
In S&P's view, these companies face some of the same primary
risks as banks -- relating to asset quality, funding and
liquidity, and tangible capital.  For finance companies whose
most significant risks relate to generating cash flow for debt
service as opposed to capital requirements, S&P applies its
financial services finance companies (FSFC) criteria.

S&P rates NBFI finance companies under a similar framework to
S&P's bank criteria.  S&P uses an anchor -- a starting point for
all ratings in a given country -- and then rate each NBFI higher,
lower, or equal to the anchor depending on S&P's assessment of
its business position; capital, leverage, and earnings; risk
position; and funding and liquidity.  S&P also considers whether
a finance company may receive extraordinary support from a
government or parent entity.

S&P's NBFI finance company anchor reflects its view of the
sector's economic and industry risk.  The typical NBFI finance
company anchor is three notches below the bank anchor, derived
from S&P's banking industry country risk assessment.  The three
notches reflect S&P's view of NBFI finance companies' higher
industry risk because they typically lack central bank access,
have lower regulatory oversight, and face higher competitive risk
relative to banks.  S&P may narrow the three-notch gap when, as
is the case for Russia, the bank anchor is low and already
reflects some of the additional risks S&P typically sees in the
NBFI sector.

"Our anchor for finance companies operating in the U.K. is 'bb+',
the standard three notches below the U.K. bank anchor.  In our
view, a lack of central bank access limits the financial
flexibility of finance companies, particularly during times of
financial stress.  Strong competition from banks and from each
other and concentration in fewer business lines add volatility to
their revenues.  Finance companies in the U.K. are regulated by
the Financial Conduct Authority as opposed to the Prudential
Regulatory Authority under the Bank of England.  In general they
have weaker regulatory requirements than banks and face less-
comprehensive oversight.  Our view of economic risk in the U.K.
reflects the high level of private sector debt built up during
the last credit and housing market boom.  Given the high housing
prices relative to historical levels and current incomes; the
extent of leverage; and the likely impact of rises in interest
rates, we consider that economic imbalances persist," S&P said.

"Our anchor for finance companies operating in the Russia is
'b+', two notches below the Russian bank anchor.  The two notches
reflect our view of Russian NBFI finance companies' higher
industry risk than banks.  The lack of central bank access is
partially mitigated by the fact that the majority of finance
companies are part of regulated banking groups or are government-
owned.  This substantially reduces funding risks, which are
generally high for finance companies.  A lack of regulation for
leasing companies and relaxed oversight for other finance
companies partially shield finance companies from direct
competition with banks, although the sector as a whole still
remains highly competitive.  Our view of economic risk in Russia
reflects our expectation of low growth of the Russian economy in
the next two or three years, weighing on the credit loss
performance and funding costs of the sector," S&P added.

S&P has now removed the under criteria observation (UCO)
identifier from its ratings on all entities listed below.

S&P upgraded specialist U.K. secured lender Jerrold Holdings Ltd.
to 'BB-' from 'B+' and also raised the rating on its senior
secured debt to 'BB-' from 'B+'.  S&P anticipates publishing a
research update within 30 business days.

S&P affirmed the ratings and maintained its outlooks on four
Russia-based finance companies: Element Leasing LLC, National
Factoring Co., State Transport Leasing Co. OJSC and TENEX-
Service. S&P anticipates publishing updated reports in the first
or second quarters of 2015 for these entities.

RATINGS LIST
Upgraded                                To                  From

Jerrold Holdings Ltd.
Counterparty Credit Rating       BB-/Stable/--   B+/Positive/--

Jerrold FinCo PLC
Senior Secured*                  BB-             B+

Ratings Affirmed

TENEX-Service
Counterparty Credit Rating             BB+/Negative/B
Russia National Scale                  ruAA+/--/--

State Transport Leasing Co. OJSC
Counterparty Credit Rating             BB-/Negative/B
Russia National Scale                  ruAA-/--/--

National Factoring Co.
Counterparty Credit Rating             B/Stable/C
Russia National Scale                  ruA-/--/--

Element Leasing LLC
Counterparty Credit Rating             B/Stable/C
Russia National Scale                  ruBBB+/--/--

*Guaranteed by Jerrold Holdings Ltd.


* S&P Applies Revised Criteria to 11 EMEA Finance Companies
-----------------------------------------------------------
Standard & Poor's Ratings Services said it has reviewed its
ratings on 11 finance companies in EMEA (Europe, the Middle East,
and Africa) by applying its revised criteria for rating financial
services finance companies (FSFCs), published on Dec. 9, 2014.
S&P has reviewed the ratings of six companies in the U.K., one in
France, one in Luxembourg, one in Norway, one in Russia, and one
in South Africa.  Following S&P's review, it has raised its
ratings on one company and affirmed the ratings on the others.
The outlooks on all 11 companies are unchanged.

S&P believes FSFCs' most significant risks relate more to their
ability to generate cash flow than to the amount of capital they
need to withstand credit losses.  In this manner, FSFCs are
similar to nonfinancial corporations in that they are more likely
to default from a decline in EBITDA than because of a
deterioration in asset quality.  For finance companies that face
some of the same primary risks as banks -- relating to asset
quality, funding and liquidity, and tangible capital -- S&P will
apply its nonbank financial institutions criteria.

S&P has now removed the under criteria observation (UCO)
identifier from its ratings on all entities listed below.

"In the cases where we are revising our issuer credit ratings or
outlooks, we intend to publish research update reports on the
relevant entities within 30 business days, including a list of
ratings on affiliated entities, as well as the ratings by debt
type -- senior, subordinated, junior subordinated, and preferred
stock.  We anticipate publishing updated reports in the first or
second quarters of 2015 for entities with unchanged issuer credit
ratings and outlooks under the new criteria," S&P said.

RATINGS LIST

Upgraded
                                        To                  From
4finance Holding S.A.
Issuer Credit Rating            B+/Stable/--        B/Stable/--

4finance S.A.
Senior Unsecured (1)            BB-                 B

Ratings Affirmed

ALD International S.A.
Issuer Credit Rating            BBB/Stable/A-2
Senior Unsecured                BBB

Arrow Global Group PLC
Issuer Credit Rating            B+/Negative/--

Arrow Global Finance PLC
Senior Secured                  BB-
Recovery Rating                 2

Cabot Financial Ltd.
Issuer Credit Rating            B/Stable/--

Cabot Financial (Luxembourg) S.A.
Senior Secured (2)              B+
  Recovery Rating                2

Credit Union "Payment Center"
Issuer Credit Rating            BB-/Stable/B
Russia National Scale           ruAA-/--/--

Eqstra Holdings Ltd.
South Africa National Scale     zaBBB+/--/zaA-2

Falcon Group Holdings (Cayman) Ltd.
Issuer Credit Rating                   B+/Stable/B

Lock Lower Holding AS
Issuer Credit Rating            B+/Stable/--
Senior Unsecured                B-
  Recovery Rating                6

Lock AS
Issuer Credit Rating            B+/Stable/--
Senior Secured                  BB-
  Recovery Rating                2

Lowell Group Ltd.
Issuer Credit Rating            BB-/Negative/--

Lowell Group Financing PLC
Senior Secured (3)              BB
  Recovery Rating                2

Marlin Intermediate Holdings PLC
Senior Secured (4)              B+
  Recovery Rating                2

Mizzen Mezzco Ltd.
Issuer Credit Rating            B/Stable/--

Mizzen Bondco Ltd.
Senior Unsecured (5)            B

Motability Operations Group PLC
Issuer Credit Rating            A+/Stable/A-1
Senior Unsecured                A+

MO Reinsurance Ltd.
Issuer Credit Rating            A+/Stable/--
Financial Strength Rating       A+/Stable/--

New Ratings

4finance S.A.
Senior Unsecured Recovery Rating (1)   2

Mizzen Bondco Ltd.
Senior Unsecured Recovery Rating (5)   3

(1) Guaranteed by 4finance Holding S.A.
(2) Guaranteed by Cabot Financial Ltd.
(3) Guaranteed by Lowell Group Ltd.
(4) Guaranteed by Marlin Financial Intermediate II Ltd.
(5) Guaranteed by Mizzen Mezzco Ltd.


* Large Companies with Insolvent Balance Sheets
-----------------------------------------------

                                   Total
                                   Shareholders   Total
                                   Equity         Assets
  Company             Ticker      (US$MM)        (US$MM)
  -------             ------       ------         ------

AA LTD             2968492Z LN     -1456621510     4737064769
AA PLC             AA/GBX EO       -1456621510     4737064769
AA PLC             AA/ LN          -1456621510     4737064769
AA PLC             AA/GBX EU       -1456621510     4737064769
AA PLC             AA/ IX          -1456621510     4737064769
AA PLC             AA/ EB          -1456621510     4737064769
AA PLC             AAAAL S1        -1456621510     4737064769
AA PLC             1023859D SW     -1456621510     4737064769
AA PLC             2XA GR          -1456621510     4737064769
AA PLC             AA/ TQ          -1456621510     4737064769
AARDVARK TMC LTD   1768297Z LN    -1779177.627    149732584.7
ABBOTT MEAD VICK   648824Q LN      -1685905.65    168264096.2
ABF GRAIN PRODUC   1276922Z LN    -48465868.55    670357516.4
ACCIONA INMOBILI   4029797Z SM       -49405609     1695566442
ACEROS PARA LA     1656Z SM       -263940.0005    119468482.1
ACIS GROUP LTD     4159557Z LN    -21335866.02    133912152.4
ACS AIRCRAFT FIN   4491555Z ID    -11819999.97    131524997.4
ACTUACIONES ACTI   AGR SM         -102379482.8    427577243.8
ADDASTA HOLDING    3814224Z NA    -223750.1218    117273756.7
ADRIA AIRWAYS      54757Z SV      -51862326.31      134757004
ADRIA CABLE BV     4044453Z NA    -62348693.94    188829025.3
ADVANCE DISPLAY    ADTP PZ         -3015579018     2590008061
AEA TECHNOLO-FPR   AATF LN          -251538429    142000079.4
AEA TECHNOLO-FPR   AATF PZ          -251538429    142000079.4
AEA TECHNOLO-NPR   AATN LN          -251538429    142000079.4
AEA TECHNOLO-NPR   AATN PZ          -251538429    142000079.4
AEA TECHNOLOGY     AAT PO           -251538429    142000079.4
AEA TECHNOLOGY     AAT VX           -251538429    142000079.4
AEA TECHNOLOGY     EAETF US         -251538429    142000079.4
AEA TECHNOLOGY     AAT IX           -251538429    142000079.4
AEA TECHNOLOGY G   AAT PZ           -251538429    142000079.4
AEA TECHNOLOGY G   1005182D GR      -251538429    142000079.4
AEA TECHNOLOGY G   AEATF US         -251538429    142000079.4
AEA TECHNOLOGY G   AATGBP EO        -251538429    142000079.4
AEA TECHNOLOGY G   AAT LN           -251538429    142000079.4
AEA TECHNOLOGY G   0884037D EO      -251538429    142000079.4
AEA TECHNOLOGY G   0884036D EU      -251538429    142000079.4
AEGEK              AEGEK EU       -107572284.1    366319845.1
AEGEK              AEGEK EO       -107572284.1    366319845.1
AEGEK              AEGEK GA       -107572284.1    366319845.1
AEGEK              AGEKF US       -107572284.1    366319845.1
AEGEK              AEGEK PZ       -107572284.1    366319845.1
AEGEK              AGK GR         -107572284.1    366319845.1
AEGEK S.A.         AEGEKY L3      -107572284.1    366319845.1
AEGEK S.A.         AEGEKY S2      -107572284.1    366319845.1
AEGEK S.A.         AEGEKY B3      -107572284.1    366319845.1
AEGEK S.A. - RTS   989399Q GA     -107572284.1    366319845.1
AEGEK S.A.-RTS     AEGEPR GA      -107572284.1    366319845.1
AEGEK S.A.-RTS     AEGEKR GA      -107572284.1    366319845.1
AEGEK SA-AUCTION   AEGEKE GA      -107572284.1    366319845.1
AEGEK-PFD          2733073Q EU    -107572284.1    366319845.1
AEGEK-PFD          2733077Q EO    -107572284.1    366319845.1
AEGEK-PFD          AEGEP PZ       -107572284.1    366319845.1
AEGEK-PFD          AEGEP GA       -107572284.1    366319845.1
AEGEK-PFD AUCTIO   AEGEPE GA      -107572284.1    366319845.1
AFFINITI INTEGRA   1651064Z LN    -436307727.6    341755295.2
AFIRMA GRUPO INM   AFR EO         -33301815.13    950532329.1
AFIRMA GRUPO INM   AFR TQ         -33301815.13    950532329.1
AFIRMA GRUPO INM   AFRGBX EO      -33301815.13    950532329.1
AFIRMA GRUPO INM   AFRGBX EU      -33301815.13    950532329.1
AFIRMA GRUPO INM   AFR EU         -33301815.13    950532329.1
AFIRMA GRUPO INM   AFR SM         -33301815.13    950532329.1
AFIRMA GRUPO INM   AGISF US       -33301815.13    950532329.1
AFIRMA GRUPO INM   AFRGBP EO      -33301815.13    950532329.1
AFIRMA GRUPO-RTS   AFR/D SM       -33301815.13    950532329.1
AFRICA OFFSHORE    AOSA NO          -280249984      357512992
AG PETZETAKIS SA   PETZK PZ       -110809481.9    206423169.8
AG PETZETAKIS SA   PTZ1 GR        -110809481.9    206423169.8
AG PETZETAKIS SA   PETZK EO       -110809481.9    206423169.8
AG PETZETAKIS SA   PZETF US       -110809481.9    206423169.8
AG PETZETAKIS SA   PTZ GR         -110809481.9    206423169.8
AG PETZETAKIS SA   PETZK GA       -110809481.9    206423169.8
AG PETZETAKIS SA   PETZK EU       -110809481.9    206423169.8
AGOR AG            DOOG IX        -482467.0522    144438127.4
AGOR AG            DOO GR         -482467.0522    144438127.4
AGOR AG            DOOD PZ        -482467.0522    144438127.4
AGOR AG            DOO S1         -482467.0522    144438127.4
AGOR AG            DOO EU         -482467.0522    144438127.4
AGOR AG            NDAGF US       -482467.0522    144438127.4
AGOR AG            DOO EO         -482467.0522    144438127.4
AGOR AG-RTS        2301918Z GR    -482467.0522    144438127.4
AGORA SHOPPING C   214766Z LN     -50701197.21    252336526.8
AGRUPACIO - RT     AGR/D SM       -102379482.8    427577243.8
AIMIA COALITION    2555794Z LN    -94460222.81    621037214.8
AIR BERLIN PLC     AB1 BQ           -549668067     2798718267
AIR BERLIN PLC     AB1 TQ           -549668067     2798718267
AIR BERLIN PLC     AB1GBX EO        -549668067     2798718267
AIR BERLIN PLC     AB1 GR           -549668067     2798718267
AIR BERLIN PLC     AB1 S1           -549668067     2798718267
AIR BERLIN PLC     AB1 PZ           -549668067     2798718267
AIR BERLIN PLC     AIBEF US         -549668067     2798718267
AIR BERLIN PLC     AB1 EB           -549668067     2798718267
AIR BERLIN PLC     AB1 EO           -549668067     2798718267
AIR BERLIN PLC     AB1GBP EO        -549668067     2798718267
AIR BERLIN PLC     AB1 EU           -549668067     2798718267
AIR BERLIN PLC     AB1D B3          -549668067     2798718267
AIR BERLIN PLC     AB1 IX           -549668067     2798718267
AIR BERLIN PLC     AB1GBX EU        -549668067     2798718267
AIR BERLIN PLC     AB1 NQ           -549668067     2798718267
AIR BERLIN PLC     AB1 SW           -549668067     2798718267
AIR BERLIN PLC     AB1 QM           -549668067     2798718267
AIR BERLIN PLC     AB1 TH           -549668067     2798718267
AIR BERLIN PLC     AB1D L3          -549668067     2798718267
AIR BERLIN PLC     ABOG IX          -549668067     2798718267
AIR BERLIN PLC     AB1D S2          -549668067     2798718267
AIR COMMAND SYST   4470055Z FP    -30657158.94    217998392.9
AIRBUS MILITARY    4456697Z SM     -48974067.1     2049792335
AIRBUS OPERATION   4435153Z LN    -622881599.4     5619187195
AIRTOURS PLC       ATORF US         -379731744     1817560463
AIRTOURS PLC       AIR VX           -379731744     1817560463
AIRTOURS PLC       AIR LN           -379731744     1817560463
AKER BRYGGE AS     4447369Z NO    -48154701.45    699923492.2
AKER ELEKTRO AS    4389353Z NO    -35849851.01    136482190.9
AKER FLOATING PR   AKFP PZ           -16100000      765200000
AKER FLOATING PR   AKFP EO           -16100000      765200000
AKER FLOATING PR   AKFP NO           -16100000      765200000
AKER FLOATING PR   AKFPEUR EU        -16100000      765200000
AKER FLOATING PR   AKFP BY           -16100000      765200000
AKER FLOATING PR   AKFPEUR EO        -16100000      765200000
AKER FLOATING PR   AKNO IX           -16100000      765200000
AKER FLOATING PR   AKFP EU           -16100000      765200000
AKER MARINE CONT   4414377Z NO    -58718358.92      165264364
AKER STORD A/S     4498875Z NO    -216314138.2    694523053.4
AKER SUBSEA AS     4394593Z NO     -4078325.72     1050122582
AKERYS SERVICES    4685937Z FP    -20015987.82    123238682.9
AKZO NOBEL POWDE   1472346Z LN    -45561469.76    146392085.3
ALAPIS HOLDIN-RT   ALAPISR GA      -1446551773    135183840.6
ALAPIS HOLDING     3385874Q GA     -1446551773    135183840.6
ALAPIS HOLDING I   V2R GR          -1446551773    135183840.6
ALAPIS HOLDING I   FFEFD B3        -1446551773    135183840.6
ALAPIS HOLDING I   FFEFD L3        -1446551773    135183840.6
ALAPIS HOLDING I   FFEFD S2        -1446551773    135183840.6
ALAPIS HOLDING I   VETER GA        -1446551773    135183840.6
ALAPIS HOLDING I   ALAPIS EU       -1446551773    135183840.6
ALAPIS HOLDING I   VTERF US        -1446551773    135183840.6
ALAPIS HOLDING I   FFE GR          -1446551773    135183840.6
ALAPIS R-R         ALAPV10 GA      -1446551773    135183840.6
ALAPIS REPO        ALAPL10 GA      -1446551773    135183840.6
ALAPIS SA          ALAPIS GA       -1446551773    135183840.6
ALAPIS SA          APSHF US        -1446551773    135183840.6
ALAPIS SA          FFEF GR         -1446551773    135183840.6
ALAPIS SA          ALAPI EO        -1446551773    135183840.6
ALAPIS SA          ALAPI EU        -1446551773    135183840.6
ALAPIS SA          FFEB GR         -1446551773    135183840.6
ALAPIS SA          ALAPIS PZ       -1446551773    135183840.6
ALBERTO MARTINS    4488947Z PL    -25419628.18    123489526.4
ALCATEL LUCENT N   4043757Z NA    -21653637.64    116356629.5
ALCATEL-LUCENT F   3647063Z FP      -794545837     4984810705
ALCHEVSKIY         ALMK UZ        -29316769.49     2251428423
ALELUIA-CERAMICA   4764457Z PL    -10079314.35    104807491.4
ALL3MEDIA HOLDIN   4500027Z LN    -566620870.4    782620326.9
ALLDAYS PLC        ALDYF US         -120493900    252232072.9
ALLDAYS PLC        317056Q LN       -120493900    252232072.9
ALLEGION PLC       ALLE US           -11200000     1968099968
ALLEGION PLC       60A GR            -11200000     1968099968
ALLEGION PLC       0628915D US       -11200000     1968099968
ALLEGION PLC-W/I   ALLE-W US         -11200000     1968099968
ALLIANCE & LEICE   1603082Z LN    -362201146.6     3707343539
ALLIANCE FILMS U   1774537Z LN    -15721068.24    102608688.7
ALLIANCE RUSSIAN   ALRT RU        -15214268.73      144581794
ALNO AG            ANOD L3        -25345561.84    250227602.3
ALNO AG            ANO TQ         -25345561.84    250227602.3
ALNO AG            ANO EU         -25345561.84    250227602.3
ALNO AG            ANO EO         -25345561.84    250227602.3
ALNO AG            ANO PZ         -25345561.84    250227602.3
ALNO AG            ANOD B3        -25345561.84    250227602.3
ALNO AG            ALNO IX        -25345561.84    250227602.3
ALNO AG            ANOD S2        -25345561.84    250227602.3
ALNO AG            ANO TH         -25345561.84    250227602.3
ALNO AG            ANO GR         -25345561.84    250227602.3
ALNO AG            ANO S1         -25345561.84    250227602.3
ALNO AG - RTS      ANO2 GR        -25345561.84    250227602.3
ALNO AG-NEW        ANO1 GR        -25345561.84    250227602.3
ALNO AG-RTS        ANOB GR        -25345561.84    250227602.3
ALNO AG-RTS        4123912Z GR    -25345561.84    250227602.3
ALNO AG-RTS        8174351Z GR    -25345561.84    250227602.3
ALNO AG-RTS        2259765Z GR    -25345561.84    250227602.3
ALPHA CREDIT GRP   2398Z LN       -128161721.8     6765275654
ALPOS DD           APOG PZ        -67350276.85    175193779.3
ALPOS DD           APOG EU        -67350276.85    175193779.3
ALPOS DD           APOG SV        -67350276.85    175193779.3
ALPOS DD           APOG EO        -67350276.85    175193779.3
ALSTOM WIND SLU    1009322Z SM    -34872511.82    509075734.9
ALTOS HORNOS VIZ   AHV SM         -115822618.8     1283089189
ALUMINIUM PECHIN   3650903Z FP    -613513792.8    958725015.9
AMARIN CORP -ADR   EH3A TH           -33856000      252476000
AMARIN CORP -ADR   EH3 GR            -33856000      252476000
AMARIN CORP -ADR   AMRND US          -33856000      252476000
AMARIN CORP -ADR   AMRN US           -33856000      252476000
AMARIN CORP -ADR   EH3A GR           -33856000      252476000
AMARIN CORP PLC    AMRN PO           -33856000      252476000
AMARIN CORP PLC    AMRN LN           -33856000      252476000
AMARIN CORP PLC    AMRNF EO          -33856000      252476000
AMARIN CORP PLC    H2E GR            -33856000      252476000
AMARIN CORP PLC    H2EA GR           -33856000      252476000
AMARIN CORP PLC    AMRN ID           -33856000      252476000
AMARIN CORP PLC    AMRJF US          -33856000      252476000
AMARIN CORP PLC    H2E PZ            -33856000      252476000
AMARIN CORP PLC    AMRNF EU          -33856000      252476000
AMARIN CORP PLC    AMRNF US          -33856000      252476000
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
AMO ZIL-CLS        ZILL* RU       -313328054.5    427801545.9
AMO ZIL-CLS        ZILLG RU       -313328054.5    427801545.9
AMO ZIL-CLS        ZILL RM        -313328054.5    427801545.9
AMO ZIL-CLS        ZILL RU        -313328054.5    427801545.9
AMPER SA           AMP1 EO        -84389307.66    440201335.4
AMPER SA           AMPE B3        -84389307.66    440201335.4
AMPER SA           APR GR         -84389307.66    440201335.4
AMPER SA           AMPE S2        -84389307.66    440201335.4
AMPER SA           AMP1 IX        -84389307.66    440201335.4
AMPER SA           AMP1 EU        -84389307.66    440201335.4
AMPER SA           AMPS PZ        -84389307.66    440201335.4
AMPER SA           AMP SM         -84389307.66    440201335.4
AMPER SA           APMRF US       -84389307.66    440201335.4
AMPER SA           AMPE L3        -84389307.66    440201335.4
AMPER SA           AMP1 S1        -84389307.66    440201335.4
AMPER SA           AMP1 TQ        -84389307.66    440201335.4
AMPER SA           AMP1 EB        -84389307.66    440201335.4
AMPER SA - RTS     0881324D SM    -84389307.66    440201335.4
AMPER SA - RTS     AMP/D SM       -84389307.66    440201335.4
AMPER SA - RTS     APRA GR        -84389307.66    440201335.4
AMTEL-POVOLZ-BRD   KIRT* RU       -17984240.01    104831160.6
AMTEL-POVOLZ-BRD   KIRT RU        -17984240.01    104831160.6
ANKER PLC          ANK LN         -21861359.81      115463159
ANKER PLC          DW14 GR        -21861359.81      115463159
ANKER PLC          ANK PO         -21861359.81      115463159
ANKER PLC - ASSD   ANKC LN        -21861359.81      115463159
ANKER PLC - ASSD   ANKB LN        -21861359.81      115463159
ANKER PLC-ASSD     ANKA LN        -21861359.81      115463159
ANTWERP GATEWAY    496769Z BB     -73080114.22    225706170.5
APK OGO OAO        AOGO RU        -5163579.316    164058148.4
AQUIRIS SA         559158Z BB     -361572.7264    256156811.1
ARCADE PROPERTY    4461121Z ID    -271769574.6    854837506.8
ARCADIA PETROLEU   645232Z LN        -24184000      185991008
ARCELORMITTAL      PTRO RO         -61078989.5    178664384.2
ARCELORMITTAL ZA   3745088Z SM    -140524021.2    177225469.5
ARCHIMEDES PHARM   533073Z LN     -77549052.55    124667094.2
ARDAGH GLASS FIN   3489820Z ID    -425707082.8     5124657810
ARGEK SA-PFD RTS   989391Q GA     -107572284.1    366319845.1
ARGENTA UNDERWRI   2619614Z LN    -3429270.883      137134947
ARNOTTS HOLDINGS   4462545Z ID    -366474765.3      152226036
ARTICON-INTE-NEW   AAG3 GR        -7312306.971    180437345.1
ARTICON-INTE-NEW   AAG1 GR        -7312306.971    180437345.1
ARTICON-INTE-RTS   AAG8 GR        -7312306.971    180437345.1
ARTICON-INTE-RTS   AAG8 NM        -7312306.971    180437345.1
ARTICON-INTEGR-N   AAG2 GR        -7312306.971    180437345.1
ARTICON-INTEGRAL   AAG NM         -7312306.971    180437345.1
ARTICON-INTEGRAL   229071Q LN     -7312306.971    180437345.1
ARTICON-INTEGRAL   AAGN NM        -7312306.971    180437345.1
ARTICON-INTEGRAL   AAG GR         -7312306.971    180437345.1
ARTICON-INTEGRAL   AIT LI         -7312306.971    180437345.1
AS ROMA SPA        RO9 GR         -85788785.33    226242789.1
AS ROMA SPA        ASR IM         -85788785.33    226242789.1
AS ROMA SPA        ASRM L3        -85788785.33    226242789.1
AS ROMA SPA        ASR EB         -85788785.33    226242789.1
AS ROMA SPA        ASRO IX        -85788785.33    226242789.1
AS ROMA SPA        ASR S1         -85788785.33    226242789.1
AS ROMA SPA        ASR IX         -85788785.33    226242789.1
AS ROMA SPA        ASR TQ         -85788785.33    226242789.1
AS ROMA SPA        ASR PZ         -85788785.33    226242789.1
AS ROMA SPA        ASR QM         -85788785.33    226242789.1
AS ROMA SPA        ASR EO         -85788785.33    226242789.1
AS ROMA SPA        ASRM B3        -85788785.33    226242789.1
AS ROMA SPA        ASR BQ         -85788785.33    226242789.1
AS ROMA SPA        ASRAF US       -85788785.33    226242789.1
AS ROMA SPA        ASR EU         -85788785.33    226242789.1
AS ROMA SPA        ASRM S2        -85788785.33    226242789.1
AS ROMA SPA RTS    ASRAXM IX      -85788785.33    226242789.1
AS ROMA SPA RTS    ASRAZM TQ      -85788785.33    226242789.1
AS ROMA SPA RTS    ASRAZEUR EU    -85788785.33    226242789.1
AS ROMA SPA RTS    ASRAZEUR EO    -85788785.33    226242789.1
AS ROMA SPA RTS    ASRAZA IM      -85788785.33    226242789.1
AS ROMA SPA RTS    ASRAXM EB      -85788785.33    226242789.1
AS ROMA SPA-RTS    ASRAA IM       -85788785.33    226242789.1
ASCOT RACECOURSE   1965934Z LN    -58031041.32    242491446.8
ASHWELL PROPERTY   4165857Z LN    -192048023.3    200163088.3
ASITO DIENSTENGR   743813Z NA     -2494804.851    220704023.7
ASPIS BANK SA      ASEUF US       -46224213.41     3486115450
ASPIS BANK-RIGHT   365673Q GA     -46224213.41     3486115450
ASPIS BANK-RTS     839325Q GA     -46224213.41     3486115450
ASPIS BANK-RTS     ASPTR GA       -46224213.41     3486115450
ASPIS BANK-RTS     3558423Q GA    -46224213.41     3486115450
ASPIS MORT-RTS     ASPTD GA       -46224213.41     3486115450
ASPIS PRON-PF RT   ASASPR GA      -189911036.1    896550129.3
ASPIS PRONIA -PF   ASAPR GA       -189911036.1    896550129.3
ASPIS PRONIA GE    ASASK EU       -189911036.1    896550129.3
ASPIS PRONIA GE    ASASK PZ       -189911036.1    896550129.3
ASPIS PRONIA GE    AISQF US       -189911036.1    896550129.3
ASPIS PRONIA GE    ASASK EO       -189911036.1    896550129.3
ASPIS PRONIA GE    ASASK GA       -189911036.1    896550129.3
ASPIS PRONIA-PF    ASASP GA       -189911036.1    896550129.3
ASPIS PRONIA-PF    APGV GR        -189911036.1    896550129.3
ASPIS PRONIA-RT    ASASKR GA      -189911036.1    896550129.3
ASPIS PRONOIA GE   APG GR         -189911036.1    896550129.3
ASPIS PRONOIA GE   APGG IX        -189911036.1    896550129.3
ASR VASTGOED ONT   4039981Z NA    -24447897.91    292472974.2
ASTON VILLA FOOT   1768569Z LN    -211955267.1    117946484.4
ASTROC MEDITERRA   ATRYF US       -33301815.13    950532329.1
ASTROC MEDITERRA   AST SM         -33301815.13    950532329.1
ATENTO SA          0978340D US      -133966000     1842179968
ATENTO SA          ATTO US          -133966000     1842179968
ATLANTIC COPPER    4512291Z SM    -21013583.14     1043171373
ATLANTIC SUPERMA   ATLA PZ        -76261648.16    315891294.2
ATLANTIC SUPERMA   ATLA GA        -76261648.16    315891294.2
ATLANTIC SUPERMA   ATLA1 EU       -76261648.16    315891294.2
ATLANTIC SUPERMA   ATLA1 EO       -76261648.16    315891294.2
ATTENDO AB         4452873Z SS     -58148254.8     1244996881
ATTI-KAT           ATTIK PZ       -31783119.44    219443228.5
ATTI-KAT           XTT GR         -31783119.44    219443228.5
ATTI-KAT           ATTIK EU       -31783119.44    219443228.5
ATTI-KAT           ATTIK EO       -31783119.44    219443228.5
ATTI-KAT           ATTIK GA       -31783119.44    219443228.5
ATTI-KAT RTS       ATTID GA       -31783119.44    219443228.5
ATTI-KAT SA-AUCT   ATIKE GA       -31783119.44    219443228.5
ATTIKAT S.A.       ATTIKY L3      -31783119.44    219443228.5
ATTIKAT S.A.       ATTIKY S2      -31783119.44    219443228.5
ATTIKAT S.A.       ATTIKY B3      -31783119.44    219443228.5
ATTIKAT-AUCTION    ATTIKE GA      -31783119.44    219443228.5
ATU AUTO-TEILE-U   3486988Z GR    -571062299.6    546297842.8
AUBURN ACQUISITI   4453705Z LN      -437104257     1605290465
AURIGACROWN CAR    3791672Z SM    -9696676.632    319021086.5
AUTOMOBILE ASSOC   1479490Z LN    -66197518.85    595410613.4
AUTOMOTIVE LIGHT   3895734Z IM    -8707502.577    163886427.3
AUTOROUTES PARIS   ARR FP         -67014542.48    11134617648
AUTOROUTES PARIS   ARR EB         -67014542.48    11134617648
AUTOROUTES PARIS   RK9 TH         -67014542.48    11134617648
AUTOROUTES PARIS   ARR EU         -67014542.48    11134617648
AUTOROUTES PARIS   ARRGBX EU      -67014542.48    11134617648
AUTOROUTES PARIS   ARR S1         -67014542.48    11134617648
AUTOROUTES PARIS   ARR TQ         -67014542.48    11134617648
AUTOROUTES PARIS   ARR EO         -67014542.48    11134617648
AUTOROUTES PARIS   ARR LI         -67014542.48    11134617648
AUTOROUTES PARIS   ARR QM         -67014542.48    11134617648
AUTOROUTES PARIS   ARR1 BQ        -67014542.48    11134617648
AUTOROUTES PARIS   ARR IX         -67014542.48    11134617648
AVANZIT SA         AVZ TQ         -14372275.23    222306266.2
AVANZIT SA         AVZ EO         -14372275.23    222306266.2
AVANZIT SA         AVZ SM         -14372275.23    222306266.2
AVANZIT SA         AVZ EU         -14372275.23    222306266.2
AVANZIT SA         AVZGBX EO      -14372275.23    222306266.2
AVANZIT SA         AVZGBP EO      -14372275.23    222306266.2
AVANZIT SA         AVZGBX EU      -14372275.23    222306266.2
AVANZIT SA - RTS   AVZ/D SM       -14372275.23    222306266.2
AVANZIT SA-RIGHT   1109551Q SM    -14372275.23    222306266.2
AVANZIT SA-RTS     3185404Q SM    -14372275.23    222306266.2
AVAST SOFTWARE B   0112793D US       -15842000      132342000
AVAST SOFTWARE N   AVST US           -15842000      132342000
AVAYA HOLDINGS L   4491803Z ID    -568474058.1    240668187.2
AVAYA UK           1700688Z LN    -108636476.4    372961487.6
AVIS ALQUILE UN    3753296Z SM    -21373936.47    271716792.1
AVIVA CENTRAL SE   4503755Z LN    -66592199.44      842959793
AXON SA HOLDING    AXON GA        -127941241.2    833080402.6
AXON SA HOLDING    AYW GR         -127941241.2    833080402.6
AXON SA HOLDING    AXONY S2       -127941241.2    833080402.6
AXON SA HOLDING    AXONY L3       -127941241.2    833080402.6
AXON SA HOLDING    AXON EU        -127941241.2    833080402.6
AXON SA HOLDING    AXONR GA       -127941241.2    833080402.6
AXON SA HOLDING    AXONY B3       -127941241.2    833080402.6
AXON SA HOLDING    AXON EO        -127941241.2    833080402.6
AXON SA HOLDING    AXON PZ        -127941241.2    833080402.6
AXON SA HOLDING    AYW1 GR        -127941241.2    833080402.6
AYCO GRUPO INMOB   ACZ2 EU        -44550881.75    109378488.8
AYCO GRUPO INMOB   ACZ EU         -44550881.75    109378488.8
AYCO GRUPO INMOB   AYCE B3        -44550881.75    109378488.8
AYCO GRUPO INMOB   AYCE L3        -44550881.75    109378488.8
AYCO GRUPO INMOB   AYCE S2        -44550881.75    109378488.8
AYCO GRUPO INMOB   AYC EU         -44550881.75    109378488.8
AYCO GRUPO INMOB   AYC SM         -44550881.75    109378488.8
AYCO GRUPO INMOB   ACZ SM         -44550881.75    109378488.8
AYCO GRUPO INMOB   ACZ PZ         -44550881.75    109378488.8
AYCO GRUPO INMOB   ACZ EO         -44550881.75    109378488.8
AZOVZAGALMASH MA   AZGM UZ        -201003976.4    323492277.6
B&M EUROPEAN       BMN GR          -31468050.5     2018470277
B&M EUROPEAN       BME1 S1         -31468050.5     2018470277
B&M EUROPEAN       BME LN          -31468050.5     2018470277
B&M EUROPEAN       BMEL TQ         -31468050.5     2018470277
B&M EUROPEAN       BME1GBX EO      -31468050.5     2018470277
B&M EUROPEAN       BME1GBP EU      -31468050.5     2018470277
B&M EUROPEAN       BME1GBX EU      -31468050.5     2018470277
B&M EUROPEAN       BME1GBP EO      -31468050.5     2018470277
B&M EUROPEAN       BMEL IX         -31468050.5     2018470277
B&M EUROPEAN       BMEL EB         -31468050.5     2018470277
B&M EUROPEAN VAL   0994508D LN     -31468050.5     2018470277
BA CITYFLYER LIM   1619354Z LN    -2913814.776    565315772.9
BAAN CO NV-ASSEN   BAANA NA       -7854715.264    609871188.9
BAAN COMPANY NV    BAAN EO        -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 IX        -7854715.264    609871188.9
BAAN COMPANY NV    BAAN PZ        -7854715.264    609871188.9
BAAN COMPANY NV    BAAN NA        -7854715.264    609871188.9
BAAN COMPANY NV    BAAN EU        -7854715.264    609871188.9
BAAN COMPANY NV    BAAN GR        -7854715.264    609871188.9
BAAN COMPANY-NY    BAANF US       -7854715.264    609871188.9
BADEL 1862 DD      BD62RHRK EU    -1401798.171      126449360
BADEL 1862 DD      BD62RHRK EO    -1401798.171      126449360
BADEL 1862 DD      BD62RA CZ      -1401798.171      126449360
BAE SYSTEMS        1538746Z LN    -27870638.37    135571174.1
BAE SYSTEMS GLOB   1111359Z LN    -185158798.5    505126195.8
BAE SYSTEMS INTE   2344987Z LN    -150699245.3    591701047.7
BAE SYSTEMS MARI   1290786Z LN    -49863659.95    723768539.3
BAE SYSTEMS PROP   1151751Z LN    -80424616.73     1099382736
BAKERS AS          4527631Z NO    -21452603.39    110897168.6
BALLYMORE PROPER   162707Z ID     -777968838.1    565184085.1
BALTIYSKY-$BRD     BALZ RU        -41477621.55    203076774.8
BALTIYSKY-$BRD     BALZ* RU       -41477621.55    203076774.8
BALTIYSKY-BRD      BALZ$ RU       -41477621.55    203076774.8
BANK OF SCOTLAND   1419810Z LN    -9546369.495    527923743.6
BANQ COLBERT       BD FP          -36259931.33     1574292181
BANQ NAT SUISS-N   BNS SW          -4267161939       5.52E+11
BARINA CONSTRUCT   3800988Z ID    -15711770.45    142567457.5
BAS HOLDING BV     3775792Z NA    -9652.300358    125821871.9
BCH GROUP PLC      BCH LN         -5728447.595    187998896.2
BEGAR CONSTRUCCI   4413073Z SM    -154089924.8    215029526.1
BELEGGINGSMAATSC   801105Z NA     -4352370.609    279285472.2
BELGES -SERIES B   BELB SW        -893745521.6    37018974117
BEMOG HOLDING BV   3782400Z NA    -36867.13928    131874844.6
BENFICA            SLBE IX        -30964161.95    541880910.3
BENFICA            SLBEN EU       -30964161.95    541880910.3
BENFICA            SLBEN TQ       -30964161.95    541880910.3
BENFICA            SLBEN PL       -30964161.95    541880910.3
BENFICA            SLBEN BQ       -30964161.95    541880910.3
BENFICA            SLBENX PX      -30964161.95    541880910.3
BENFICA            SLBEN PZ       -30964161.95    541880910.3
BENFICA            SLBEN EO       -30964161.95    541880910.3
BENFICA            SLBEN EB       -30964161.95    541880910.3
BENTLEY MOTORS L   1376666Z LN    -231095699.8    952710712.1
BERIEV AIRCR-BRD   TAKB* RU       -12753038.74    551276144.5
BERIEV AIRCR-BRD   TAKB RU        -12753038.74    551276144.5
BETFAIR LTD        83844Z LN      -78396193.01    470492129.2
BGE UK LTD         1653368Z LN    -31957706.96    460423898.3
BHFS ONE LTD       3804484Z LN    -26084071.94    186362551.5
BIMBO SA           3632779Z SM    -4161906.226    258795662.1
BIOTER             BIOTG PZ        -9837036.58    184426179.8
BIOTER             BIOT1 EO        -9837036.58    184426179.8
BIOTER             BIOT GA         -9837036.58    184426179.8
BIOTER             BIOT1 EU        -9837036.58    184426179.8
BIOTER S.A.        BIOTY B3        -9837036.58    184426179.8
BIOTER S.A.        BIOTY S2        -9837036.58    184426179.8
BIOTER S.A.        BIOTY L3        -9837036.58    184426179.8
BIRMINGHAM MAILB   1781057Z LN    -6609169.513    116470467.1
BIRSE CIVILS LTD   1333506Z LN    -19911067.63    131366919.1
BKK VARME AS       4445833Z NO    -1073759.829    155465572.1
BL SP PROPERTIES   1255Q LN       -23486399.53    257455674.9
BL SP PROPERTIES   STPPF US       -23486399.53    257455674.9
BLACK & EDGINGTO   BLE LN           -104472798    111306047.8
BLACK HORSE LTD    1336426Z LN    -106973288.3     4066187621
BLENHEIM GROUP     1062Q FP       -152635588.1    197883920.7
BLENHEIM GROUP     BEXE GR        -152635588.1    197883920.7
BLENHEIM GRP-ADR   BHEHY US       -152635588.1    197883920.7
BLENHEIM GRP-ADR   BEH$ LN        -152635588.1    197883920.7
BLENHEIM SHIPPIN   1225303Z LN    -33448690.06    323403866.7
BLUE SOLUTIONS     BLUE IX        -42690975.39      221040502
BLUE SOLUTIONS     BLUE EB        -42690975.39      221040502
BLUE SOLUTIONS     BLUEEUR EO     -42690975.39      221040502
BLUE SOLUTIONS     18B GR         -42690975.39      221040502
BLUE SOLUTIONS     BLUE FP        -42690975.39      221040502
BLUE SOLUTIONS     BLUEP L3       -42690975.39      221040502
BLUE SOLUTIONS     BSOLF US       -42690975.39      221040502
BLUE SOLUTIONS     BLUEEUR EU     -42690975.39      221040502
BLUE SOLUTIONS     BLUEP S2       -42690975.39      221040502
BLUE SOLUTIONS     BLUE S1        -42690975.39      221040502
BLUE SOLUTIONS     BLUEP B3       -42690975.39      221040502
BLUEWATER HOLDIN   3487556Z NA     -1119182968     1240432021
BMW NORGE AS       4413913Z NO    -6669664.505    124748386.4
BNB RECRUITMENT    BNB LN         -10242626.17    103637711.2
BNB RECRUITMENT    BNBRF US       -10242626.17    103637711.2
BNB RECRUITMENT    BQX GR         -10242626.17    103637711.2
BNB RECRUITMENT    BNB PO         -10242626.17    103637711.2
BNB RECRUITMENT    BNB IX         -10242626.17    103637711.2
BNP GUYANE         BNPG FP        -40559116.42    352047398.5
BORGELD MANAGEME   4778257Z NA    -81821.40017      246378742
BPM IRELAND PLC    4471855Z ID    -4595616.014      844447724
BRADSTOCK GROUP    BSKGF US       -1855503.819    268572388.5
BRADSTOCK GROUP    BDK LN         -1855503.819    268572388.5
BRENT WALKER GRO   754087Q LN      -1774306283    867084131.8
BRENT WALKER GRP   BWKGF US        -1774306283    867084131.8
BRIT ENERGY LTD    523362Q LN      -5823025538     4921229312
BRIT ENERGY PLC    BEN1 GR         -5823025538     4921229312
BRIT ENERGY PLC    BGYEF US        -5823025538     4921229312
BRIT ENERGY PLC    555140Q VX      -5823025538     4921229312
BRIT ENERGY PLC    BHEGF US        -5823025538     4921229312
BRIT ENERGY-A      BENA GR         -5823025538     4921229312
BRIT ENERGY-ADR    BHEFF US        -5823025538     4921229312
BRIT TELECOM       BTE GR         -613961782.8    42524120825
BRIT TELECOM       9484 JP        -613961782.8    42524120825
BRIT TELECOM PLC   BTPWF US       -613961782.8    42524120825
BRIT TELECOM PLC   BT/A VX        -613961782.8    42524120825
BRIT TELECOM PLC   BTPLF US       -613961782.8    42524120825
BRIT TELECOM-ADR   1481Q CN       -613961782.8    42524120825
BRIT TELECOM-ADR   BTEA GR        -613961782.8    42524120825
BRIT TELECOM-RTS   BTY-R US       -613961782.8    42524120825
BRITISH ENER-$US   BGYD AR         -5823025538     4921229312
BRITISH ENER-$US   BGYNYD AR       -5823025538     4921229312
BRITISH ENER-ADR   BGYNY US        -5823025538     4921229312
BRITISH ENER-BLK   BGYNYB AR       -5823025538     4921229312
BRITISH ENER-BLK   BGYB AR         -5823025538     4921229312
BRITISH ENER-C/E   BGYC AR         -5823025538     4921229312
BRITISH ENER-C/E   BGYNYC AR       -5823025538     4921229312
BRITISH ENER-CED   BGY AR          -5823025538     4921229312
BRITISH ENER-CED   BGYNY AR        -5823025538     4921229312
BRITISH ENERGY-A   BGYGF US        -5823025538     4921229312
BRITISH ENERGY-A   BHEAF US        -5823025538     4921229312
BRITISH ENERGY-A   BGYA VX         -5823025538     4921229312
BRITISH ENERGY-A   3012442Q LN     -5823025538     4921229312
BRITISH ENERGY-A   BGYA PO         -5823025538     4921229312
BRITISH TELE-FP    BT/F LN        -613961782.8    42524120825
BRITISH TELE-NP    BTPXF US       -613961782.8    42524120825
BRITISH TELE-NP    BT/N LN        -613961782.8    42524120825
BRIXTON GREAT WE   1242343Z LN    -23721762.06    160921160.6
BROKAT AG          BROAF US       -27134800.92    143511443.1
BROKAT AG          BRKAF US       -27134800.92    143511443.1
BROKAT AG          BKISF US       -27134800.92    143511443.1
BROKAT AG          BROFQ US       -27134800.92    143511443.1
BROKAT AG -NEW     BRJ1 GR        -27134800.92    143511443.1
BROKAT AG -NEW     BRJ1 NM        -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 NM         -27134800.92    143511443.1
BROKAT TECH AG     BSA LN         -27134800.92    143511443.1
BROKAT TECH AG     BRJ GR         -27134800.92    143511443.1
BROKAT TECH-ADR    BRJA GR        -27134800.92    143511443.1
BROSTROM TANKERS   3641643Z FP    -12737653.37    103954574.6
BRUESA CONSTRUCC   4283093Z SM    -19748118.51    423960563.7
BSKYB LLU ASSETS   ESY LN         -13323427.13    573001458.7
BT GROUP PLC       BT/A TQ        -613961782.8    42524120825
BT GROUP PLC       BTQ GR         -613961782.8    42524120825
BT GROUP PLC       BT/A QM        -613961782.8    42524120825
BT GROUP PLC       BT/A S1        -613961782.8    42524120825
BT GROUP PLC       BT QX          -613961782.8    42524120825
BT GROUP PLC       BT/ EO         -613961782.8    42524120825
BT GROUP PLC       BT/AUSD EU     -613961782.8    42524120825
BT GROUP PLC       BT/A5 EO       -613961782.8    42524120825
BT GROUP PLC       BT/A LN        -613961782.8    42524120825
BT GROUP PLC       BT/A6 EO       -613961782.8    42524120825
BT GROUP PLC       BT/AGBP EO     -613961782.8    42524120825
BT GROUP PLC       BTQ TH         -613961782.8    42524120825
BT GROUP PLC       BT/A7 EO       -613961782.8    42524120825
BT GROUP PLC       BTQD S2        -613961782.8    42524120825
BT GROUP PLC       BTL S2         -613961782.8    42524120825
BT GROUP PLC       BT/A3 EO       -613961782.8    42524120825
BT GROUP PLC       BT/A9 EO       -613961782.8    42524120825
BT GROUP PLC       BTEG IX        -613961782.8    42524120825
BT GROUP PLC       BTQ GK         -613961782.8    42524120825
BT GROUP PLC       BT/APEN EU     -613961782.8    42524120825
BT GROUP PLC       BT/AUSD EO     -613961782.8    42524120825
BT GROUP PLC       BT/A NR        -613961782.8    42524120825
BT GROUP PLC       BT/A1 EO       -613961782.8    42524120825
BT GROUP PLC       BT/A2 EO       -613961782.8    42524120825
BT GROUP PLC       BT/A8 EO       -613961782.8    42524120825
BT GROUP PLC       BT/A NQ        -613961782.8    42524120825
BT GROUP PLC       BT/A BQ        -613961782.8    42524120825
BT GROUP PLC       BT IX          -613961782.8    42524120825
BT GROUP PLC       BT/APEN EO     -613961782.8    42524120825
BT GROUP PLC       BTGOF US       -613961782.8    42524120825
BT GROUP PLC       BT/A4 EO       -613961782.8    42524120825
BT GROUP PLC       BT/ VX         -613961782.8    42524120825
BT GROUP PLC       BT/A PO        -613961782.8    42524120825
BT GROUP PLC       BT/AEUR EU     -613961782.8    42524120825
BT GROUP PLC       BTL B3         -613961782.8    42524120825
BT GROUP PLC       BT/AEUR EO     -613961782.8    42524120825
BT GROUP PLC       BTQD B3        -613961782.8    42524120825
BT GROUP PLC       BT/A EO        -613961782.8    42524120825
BT GROUP PLC       BTQD L3        -613961782.8    42524120825
BT GROUP PLC       BTL L3         -613961782.8    42524120825
BT GROUP PLC       BT/A EU        -613961782.8    42524120825
BT GROUP PLC       BT PZ          -613961782.8    42524120825
BT GROUP PLC       BT/A EB        -613961782.8    42524120825
BT GROUP PLC-ADR   BT/$ LN        -613961782.8    42524120825
BT GROUP PLC-W/I   BTWI LN        -613961782.8    42524120825
BT GROUP-ADR WI    BTY-W US       -613961782.8    42524120825
BT GROUP-CED BLK   BTYB AR        -613961782.8    42524120825
BT GROUP-CEDEAR    BTD AR         -613961782.8    42524120825
BT GROUP-CEDEAR    BTYC AR        -613961782.8    42524120825
BT GROUP-CEDEAR    BTY AR         -613961782.8    42524120825
BT GROUP-CEDEAR    BTC AR         -613961782.8    42524120825
BT GROUP-CEDEAR    BTB AR         -613961782.8    42524120825
BT GROUP-CEDEAR    BTYD AR        -613961782.8    42524120825
BT GROUP-CEDEAR    BT AR          -613961782.8    42524120825
BT GROUP-SPON AD   BTYN MM        -613961782.8    42524120825
BT GROUP-SPON AD   BTN MM         -613961782.8    42524120825
BT GROUP-SPON AD   BT US          -613961782.8    42524120825
BT GROUP-SPON AD   BT MM          -613961782.8    42524120825
BT GROUP-SPON AD   BTQA GR        -613961782.8    42524120825
BT GROUP-SPON AD   BTY US         -613961782.8    42524120825
BUMMASH OJSC-BRD   BUMM RU        -69176738.75    114087108.1
BUMMASH OJSC-BRD   BUMM* RU       -69176738.75    114087108.1
CAFIMA UK LTD      3795756Z LN    -25305047.16    327713869.7
CAISSE D'AMORTIS   211430Z FP        -1.85E+11    25139275408
CAJA ESPANA DE I   8245420Z SM     -1379128733    50004534301
CALEDONIAN ENVIR   3784Z LN       -18835847.24    122355857.6
CALOR SAS          4517071Z FP    -2511518.436    108318885.8
CALSONIC KANSEI    1541442Z LN    -13552420.65      264873165
CALSONIC KANSEI    2730264Z LN    -55236864.62    299341503.4
CANARY WHARF FIN   1198063Z LN    -458463527.9     3975720989
CANDYKING HOLDIN   CANDYSEK EO    -3740065.558    255290651.5
CANDYKING HOLDIN   3124019Z SS    -3740065.558    255290651.5
CANDYKING HOLDIN   CANDY BY       -3740065.558    255290651.5
CANDYKING HOLDIN   CANDYNOK EO    -3740065.558    255290651.5
CANDYKING HOLDIN   CANDYNOK EU    -3740065.558    255290651.5
CANDYKING HOLDIN   CANDYSEK EU    -3740065.558    255290651.5
CANDYKING-W/I      CANDY SS       -3740065.558    255290651.5
CANTIERI DI PISA   4313125Z IM    -2612001.657    105470729.3
CAPITAL HOME LOA   3809804Z LN    -290874097.5     9582592884
CARCOOP FRANCE     4690569Z FP    -531946.3216    185619805.2
CARGONET           81784Z NO      -108989727.1    131082417.2
CARISBROOKE ANGL   3815488Z LN    -67890027.38      125400359
CARLISLE GROUP L   506819Q LN     -11904731.18    203553741.8
CARLSBERG IT A/S   4503891Z DC    -102665678.1    387242342.2
CARREFOUR HYPERM   3897338Z FP    -298103085.1     3834434516
CARRERE GROUP      CRGP IX        -9829883.833    279916720.4
CARRERE GROUP      CRRHF US       -9829883.833    279916720.4
CARRERE GROUP      CAR2 EU        -9829883.833    279916720.4
CARRERE GROUP      CARG FP        -9829883.833    279916720.4
CARRERE GROUP      CAR2 EO        -9829883.833    279916720.4
CARRERE GROUP      CARF PZ        -9829883.833    279916720.4
CARRERE GROUP      XRR GR         -9829883.833    279916720.4
CARRERE GROUP SA   CAR FP         -9829883.833    279916720.4
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      8133893Q GR       -94729000      472360992
CARRIER1 INTL      CJNA GR           -94729000      472360992
CARRIER1 INTL SA   CONEF US          -94729000      472360992
CARRIER1 INTL SA   1253Z SW          -94729000      472360992
CATTLES PLC        CZS GR         -599615492.2     3880885246
CATTLES PLC        CTTUSD EU      -599615492.2     3880885246
CATTLES PLC        CTT NR         -599615492.2     3880885246
CATTLES PLC        CTT NQ         -599615492.2     3880885246
CATTLES PLC        CTTUSD EO      -599615492.2     3880885246
CATTLES PLC        0960894D BQ    -599615492.2     3880885246
CATTLES PLC        CTTEUR EU      -599615492.2     3880885246
CATTLES PLC        CTT VX         -599615492.2     3880885246
CATTLES PLC        CTT PO         -599615492.2     3880885246
CATTLES PLC        CTTSEK EU      -599615492.2     3880885246
CATTLES PLC        0915790D EB    -599615492.2     3880885246
CATTLES PLC        CTT LN         -599615492.2     3880885246
CATTLES PLC        CTT QM         -599615492.2     3880885246
CATTLES PLC        0963776D TQ    -599615492.2     3880885246
CATTLES PLC        CTTGBP EO      -599615492.2     3880885246
CATTLES PLC        CTT EO         -599615492.2     3880885246
CATTLES PLC        CTT EU         -599615492.2     3880885246
CATTLES PLC        CTTEUR EO      -599615492.2     3880885246
CATTLES PLC        CTT PZ         -599615492.2     3880885246
CATTLES PLC        CTTSEK EO      -599615492.2     3880885246
CATTLES PLC        0915787D IX    -599615492.2     3880885246
CATTLES PLC        CHOXF US       -599615492.2     3880885246
CATTLES PLC-ADR    CHOXY US       -599615492.2     3880885246
CATTLES PLC-FPR    CTTF PZ        -599615492.2     3880885246
CATTLES PLC-FPR    CTTF LN        -599615492.2     3880885246
CATTLES PLC-NPR    2843730Q EU    -599615492.2     3880885246
CATTLES PLC-NPR    CTTN PZ        -599615492.2     3880885246
CATTLES PLC-NPR    CCTN PZ        -599615492.2     3880885246
CATTLES PLC-NPR    CTTN IX        -599615492.2     3880885246
CATTLES PLC-NPR    2843726Q EO    -599615492.2     3880885246
CATTLES PLC-NPR    2843734Q EO    -599615492.2     3880885246
CATTLES PLC-NPR    CTTN LN        -599615492.2     3880885246
CATTLES PLC-RFD    CTTR PZ        -599615492.2     3880885246
CATTLES PLC-RFD    CTTR LN        -599615492.2     3880885246
CATTLES PLC-RFD    CTTR IX        -599615492.2     3880885246
CDISCOUNT SA       4690913Z FP    -14710509.37      442569172
CELAYA EMPARANZA   3642467Z SM    -46370880.14    210371904.6
CELSA MANUFACTUR   2011751Z LN    -364451.9997    509121207.7
CENTAR BANKA D.D   CEBAPHRK EO    -3853841.592    180958181.1
CENTAR BANKA D.D   CEBAPA CZ      -3853841.592    180958181.1
CENTAR BANKA D.D   CEBAPHRK EU    -3853841.592    180958181.1
CENTAR BANKA DD    CEBARHRK EO    -3853841.592    180958181.1
CENTAR BANKA DD    CEBARA CZ      -3853841.592    180958181.1
CENTAR BANKA DD    CEBARHRK EU    -3853841.592    180958181.1
CENTER PARCS EUR   235619Z NA     -6141720.638    682887891.2
CENTRAL EUROPEAN   3276402Z NA    -4838847.523    186866740.9
CENTROSOLAR GR-N   C3ON GR        -16015657.93    146354372.5
CENTROSOLAR GROU   C3O EU         -16015657.93    146354372.5
CENTROSOLAR GROU   CEOLF US       -16015657.93    146354372.5
CENTROSOLAR GROU   C3OA TH        -16015657.93    146354372.5
CENTROSOLAR GROU   CSOG IX        -16015657.93    146354372.5
CENTROSOLAR GROU   C3OUSD EO      -16015657.93    146354372.5
CENTROSOLAR GROU   C3OAD L3       -16015657.93    146354372.5
CENTROSOLAR GROU   C3O TQ         -16015657.93    146354372.5
CENTROSOLAR GROU   C3OUSD EU      -16015657.93    146354372.5
CENTROSOLAR GROU   C3OA BQ        -16015657.93    146354372.5
CENTROSOLAR GROU   C3OA TQ        -16015657.93    146354372.5
CENTROSOLAR GROU   C3O S1         -16015657.93    146354372.5
CENTROSOLAR GROU   C3O TH         -16015657.93    146354372.5
CENTROSOLAR GROU   C3OA GR        -16015657.93    146354372.5
CENTROSOLAR GROU   C3OAD B3       -16015657.93    146354372.5
CENTROSOLAR GROU   C3OAD S2       -16015657.93    146354372.5
CENTROSOLAR GROU   C3O GR         -16015657.93    146354372.5
CENTROSOLAR GROU   C3O BQ         -16015657.93    146354372.5
CENTROSOLAR GROU   C3O PZ         -16015657.93    146354372.5
CENTROSOLAR GROU   C3O EO         -16015657.93    146354372.5
CENTROSOLAR-RTS    3434314Z GR    -16015657.93    146354372.5
CEREP INVESTMENT   3638887Z SM    -70598386.38    288951995.8
CEVA GROUP PLC     976811Z LN      -1222932646     4466139768
CHATZIIOANNOU AV   HATZC GA       -54973436.99    102255716.8
CHATZIIONNOU HLD   HZI GR         -54973436.99    102255716.8
CHELSEA FOOTBALL   1508858Z LN    -849005432.9    522910649.8
CHEMOIL EUROPE B   3898634Z NA       -34470000      425707008
CHERNIGIVS M-GDR   CKU GR            -19979000      106551872
CHERNIGIVS MAN-M   CHIM UZ           -19979000      106551872
CHRIST WATER TEC   CWT EU         -5754093.459    165990091.1
CHRIST WATER TEC   CWT EO         -5754093.459    165990091.1
CHRIST WATER TEC   8131204Q GR    -5754093.459    165990091.1
CHRIST WATER TEC   CRSWF US       -5754093.459    165990091.1
CHRIST WATER TEC   CWT AV         -5754093.459    165990091.1
CHRIST WATER TEC   CWT PZ         -5754093.459    165990091.1
CHRIST WATER TEC   CWTE IX        -5754093.459    165990091.1
CHRIST WATER-ADR   CRSWY US       -5754093.459    165990091.1
CHRYSALIS GROUP    CHS EU         -16399586.02    124836284.8
CHRYSALIS GROUP    CHS PO         -16399586.02    124836284.8
CHRYSALIS GROUP    HR4 GR         -16399586.02    124836284.8
CHRYSALIS GROUP    CYGUF US       -16399586.02    124836284.8
CHRYSALIS GROUP    CHSEUR EU      -16399586.02    124836284.8
CHRYSALIS GROUP    5CY GR         -16399586.02    124836284.8
CHRYSALIS GROUP    CHS EO         -16399586.02    124836284.8
CHRYSALIS GROUP    CLYSF US       -16399586.02    124836284.8
CHRYSALIS GROUP    CHS PZ         -16399586.02    124836284.8
CHRYSALIS GROUP    CHS VX         -16399586.02    124836284.8
CHRYSALIS GROUP    CHS IX         -16399586.02    124836284.8
CHRYSALIS GROUP    CHSUSD EU      -16399586.02    124836284.8
CHRYSALIS GROUP    CHSGBP EO      -16399586.02    124836284.8
CHRYSALIS GROUP    CHSUSD EO      -16399586.02    124836284.8
CHRYSALIS GROUP    CHS LN         -16399586.02    124836284.8
CHRYSALIS GROUP    CHSEUR EO      -16399586.02    124836284.8
CIA LA GOMERA AS   4401057Z NO    -14188999.71    111542579.2
CICCOLELLA SPA     CUCI IX        -27122576.95    360991665.9
CICCOLELLA SPA     CCIM PZ        -27122576.95    360991665.9
CICCOLELLA SPA     CC1 EU         -27122576.95    360991665.9
CICCOLELLA SPA     CC BQ          -27122576.95    360991665.9
CICCOLELLA SPA     CCM S2         -27122576.95    360991665.9
CICCOLELLA SPA     CC1 TQ         -27122576.95    360991665.9
CICCOLELLA SPA     CC IM          -27122576.95    360991665.9
CICCOLELLA SPA     CC1 EO         -27122576.95    360991665.9
CICCOLELLA SPA     CCM B3         -27122576.95    360991665.9
CICCOLELLA SPA     CCM L3         -27122576.95    360991665.9
CIMBER STERLING    CIMBE EO       -5227729.207    192575891.8
CIMBER STERLING    CIMBER DC      -5227729.207    192575891.8
CIMBER STERLING    CIMBE EU       -5227729.207    192575891.8
CIMBER STERLING    CIMBER BY      -5227729.207    192575891.8
CIRIO FINANZIARI   CRO IM         -422095936.7     1583083044
CIRIO FINANZIARI   FIY GR         -422095936.7     1583083044
CITY INN LTD       2196980Z LN    -38681609.96     1015295311
CLARANET GROUP L   4157581Z LN     -5642745.89    165416275.8
CLIPPER WINDPOWE   CWPA LN          -168322000      436419008
CLIPPER WINDPOWE   CWP PG           -168322000      436419008
CLIPPER WINDPOWE   C2W GR           -168322000      436419008
CLIPPER WINDPOWE   CRPWF US         -168322000      436419008
CLIPPER WINDPOWE   CWP EU           -168322000      436419008
CLIPPER WINDPOWE   CWP LN           -168322000      436419008
CLIPPER WINDPOWE   3470635Q LN      -168322000      436419008
CLIPPER WINDPOWE   CWP PZ           -168322000      436419008
CLIPPER WINDPOWE   CWP EO           -168322000      436419008
CLIPPER WINDPOWE   CWP IX           -168322000      436419008
CLUB CO HOLDINGS   4500035Z LN    -20732376.26    115484262.4
CMA CGM AGENCES    4746849Z FP    -10638831.52    162545865.7
CO DAS ENERGIAS    3794880Z PL    -2542665.906    115837812.1
CO-OPERATIVE PHA   3951852Z LN    -44451069.53    168682695.3
CODERE SA          CODEF US       -360688681.9     2177904180
CODERE SA          CDR EU         -360688681.9     2177904180
CODERE SA          CDRUSD EU      -360688681.9     2177904180
CODERE SA          CDRE S2        -360688681.9     2177904180
CODERE SA          CDR EB         -360688681.9     2177904180
CODERE SA          CDRE PZ        -360688681.9     2177904180
CODERE SA          CDR EO         -360688681.9     2177904180
CODERE SA          CDRE B3        -360688681.9     2177904180
CODERE SA          CDRE L3        -360688681.9     2177904180
CODERE SA          CDRUSD EO      -360688681.9     2177904180
CODERE SA          CDR IX         -360688681.9     2177904180
CODERE SA          CDR TQ         -360688681.9     2177904180
CODERE SA          CDR S1         -360688681.9     2177904180
CODERE SA          CDR SM         -360688681.9     2177904180
CODERE SA          4CD GR         -360688681.9     2177904180
CODIREP SNC        4517439Z FP    -9550583.139      127897311
COGNIS GMBH        575202Z GR     -745013993.7     3306935972
COIN SPA           965089Q GR     -154063920.1    800559778.4
COIN SPA           GUCIF US       -154063920.1    800559778.4
COIN SPA           GC IX          -154063920.1    800559778.4
COIN SPA-RTS       GCAA IM        -154063920.1    800559778.4
COIN SPA/OLD       GC IM          -154063920.1    800559778.4
COLT TELECOM BV    4511515Z NA    -15997403.43    123548994.5
COMMUNICORP GROU   1027859Z ID    -10254069.02    202942157.3
COMPAGNIA ITALIA   CGLUF US       -137731671.1    527392123.8
COMPAGNIA ITALIA   CITU IX        -137731671.1    527392123.8
COMPAGNIA ITALIA   ICT IM         -137731671.1    527392123.8
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
CONERGY AG         CGY BQ         -123446974.6    312014471.7
CONERGY AG         CGYGBX EO      -123446974.6    312014471.7
CONERGY AG         CGYK EB        -123446974.6    312014471.7
CONERGY AG         CGY EB         -123446974.6    312014471.7
CONERGY AG         CGY NQ         -123446974.6    312014471.7
CONERGY AG         CGYKUSD EU     -123446974.6    312014471.7
CONERGY AG         CGY TH         -123446974.6    312014471.7
CONERGY AG         CGYK EU        -123446974.6    312014471.7
CONERGY AG         CGYK PZ        -123446974.6    312014471.7
CONERGY AG         CGY IX         -123446974.6    312014471.7
CONERGY AG         CGYK S1        -123446974.6    312014471.7
CONERGY AG         CGYK QM        -123446974.6    312014471.7
CONERGY AG         CGY QM         -123446974.6    312014471.7
CONERGY AG         CEYHF US       -123446974.6    312014471.7
CONERGY AG         CGY EO         -123446974.6    312014471.7
CONERGY AG         CGY TQ         -123446974.6    312014471.7
CONERGY AG         CGYKGBX EO     -123446974.6    312014471.7
CONERGY AG         CGYKUSD EO     -123446974.6    312014471.7
CONERGY AG         CGYUSD EU      -123446974.6    312014471.7
CONERGY AG         CGYUSD EO      -123446974.6    312014471.7
CONERGY AG         CGY S1         -123446974.6    312014471.7
CONERGY AG         CGYK EO        -123446974.6    312014471.7
CONERGY AG         CGYGBP EO      -123446974.6    312014471.7
CONERGY AG         CGYK BQ        -123446974.6    312014471.7
CONERGY AG         CGYK GR        -123446974.6    312014471.7
CONERGY AG         CGYK TH        -123446974.6    312014471.7
CONERGY AG         CGYKGBP EO     -123446974.6    312014471.7
CONERGY AG         CGY PZ         -123446974.6    312014471.7
CONERGY AG         CGYK IX        -123446974.6    312014471.7
CONERGY AG         CGY EU         -123446974.6    312014471.7
CONERGY AG         CGY GR         -123446974.6    312014471.7
CONERGY AG         CGYK TQ        -123446974.6    312014471.7
CONERGY AG -RTS    CGYB GR        -123446974.6    312014471.7
CONERGY AG-ALTAK   CGY2 GR        -123446974.6    312014471.7
CONERGY AG-RTS     9274362Z GR    -123446974.6    312014471.7
CONNECT GROU-ADR   SMWPY US        -88064132.7    447285313.7
CONNECT GROUP PL   NWS1 BQ         -88064132.7    447285313.7
CONNECT GROUP PL   CNCT IX         -88064132.7    447285313.7
CONNECT GROUP PL   NWS EB          -88064132.7    447285313.7
CONNECT GROUP PL   NWS2 TQ         -88064132.7    447285313.7
CONNECT GROUP PL   NWS S1          -88064132.7    447285313.7
CONNECT GROUP PL   CNCT EB         -88064132.7    447285313.7
CONNECT GROUP PL   CNCTL B3        -88064132.7    447285313.7
CONNECT GROUP PL   CNCT PZ         -88064132.7    447285313.7
CONNECT GROUP PL   CNCTGBP EO      -88064132.7    447285313.7
CONNECT GROUP PL   CNCT TQ         -88064132.7    447285313.7
CONNECT GROUP PL   CNCTGBP EU      -88064132.7    447285313.7
CONNECT GROUP PL   CNCT LN         -88064132.7    447285313.7
CONNECT GROUP PL   CNCTL L3        -88064132.7    447285313.7
CONNECT GROUP PL   CNCT BQ         -88064132.7    447285313.7
CONNECT GROUP PL   CNCTL S2        -88064132.7    447285313.7
CONNECT GROUP PL   CNCT S1         -88064132.7    447285313.7
CONNECT GROUP PL   CNCTEUR EU      -88064132.7    447285313.7
CONNECT GROUP PL   CNCTEUR EO      -88064132.7    447285313.7
CONNECT GROUP PL   CNCT1GBP EO     -88064132.7    447285313.7
CONNECT UTILITIE   2112683Z LN    -8340151.746    137723814.6
CONOCOPHILLIPS I   4526671Z ID    -170674999.4    628206992.2
CONOCOPHILLIPS W   3894318Z ID      -178050000      436843008
CONTENTFILM INTE   2532058Z LN     -9300904.46    126058510.9
CONVENIENCE FOOD   1555794Z LN    -134874451.3    765640046.7
COOPERATIE VOEDI   4378105Z NA    -142026.7053      639612430
COPERFIL GROUP     704457Z SM     -3700821.321    403822614.4
CORAL ESTATES LT   1077210Z LN    -3811477.291    130784942.2
COSMOS SHIPPING    4174421Z NA    -1136567.873      304070874
CP - COMBOIOS DE   1005Z PL        -4195211526     1509194227
CPI MORTARS LTD    1751696Z LN    -29967019.24    109083038.2
CRAEGMOOR LTD      1652880Z LN    -13908471.04    565526373.2
CREDITO FOND-RTS   CRFSA IM       -200209050.3     4213063202
CREDITO FONDIARI   CRF IM         -200209050.3     4213063202
CRESPI SPA         LG5 GR         -31539726.86    283701481.7
CRESPI SPA         CRE BQ         -31539726.86    283701481.7
CRESPI SPA         CRE IM         -31539726.86    283701481.7
CRESPI SPA         CRE1 TQ        -31539726.86    283701481.7
CRESPI SPA         CRE1 EO        -31539726.86    283701481.7
CRESPI SPA         GVCIF US       -31539726.86    283701481.7
CRESPI SPA         CRE1 PZ        -31539726.86    283701481.7
CRESPI SPA         CRE1 EU        -31539726.86    283701481.7
CRESPI SPA         CRE1 IX        -31539726.86    283701481.7
CRESPI SPA         CRE EB         -31539726.86    283701481.7
CSC COMPUTER SCI   3894278Z LN    -153050119.7     2920396956
CUCINA LUX INVES   4503083Z LN    -823469393.1     3170276006
D/S TORM           3424559Q IX      -103200000     1720099968
D/S TORM           ADSSF US         -103200000     1720099968
D/S TORM           TORDF US         -103200000     1720099968
D/S TORM           TORM NR          -103200000     1720099968
DAGESTAN ENERGY    DASB RU        -270759989.2    115660592.8
DAGESTAN ENERGY    DASBG RU       -270759989.2    115660592.8
DAGESTAN ENERGY    DASB RM        -270759989.2    115660592.8
DAGESTAN ENERGY    DASB* RU       -270759989.2    115660592.8
DANA PETROLEUM N   ENER NO        -49442800.46    261409223.6
DANIILIDIS PA-RT   DANILR GA      -60522431.53    735697511.6
DANIILIDIS PANAG   DANIL GA       -60522431.53    735697511.6
DANKA BUS SYSTEM   3205287Q EU      -497126976      121439000
DANKA BUS SYSTEM   3205283Q EO      -497126976      121439000
DANKA BUS SYSTEM   DANKF US         -497126976      121439000
DANKA BUS SYSTEM   DNK PZ           -497126976      121439000
DANKA BUS SYSTEM   3205291Q EO      -497126976      121439000
DANKA BUS SYSTEM   DNK IX           -497126976      121439000
DANKA BUS SYSTEM   DNK VX           -497126976      121439000
DANKA BUS SYSTEM   DNK PO           -497126976      121439000
DANKA BUS SYSTEM   DNK LN           -497126976      121439000
DANKA BUS-$US CE   DANKD AR         -497126976      121439000
DANKA BUS-ADR      DB6 GR           -497126976      121439000
DANKA BUS-ADR      DANKE US         -497126976      121439000
DANKA BUS-ADR      AP39 LI          -497126976      121439000
DANKA BUS-ADR      DANKY 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
DANNEMORA MI-NEW   DMABBTA1 SS    -3793151.343    188258194.6
DANNEMORA MI-RTS   DMABTRB SS     -3793151.343    188258194.6
DANNEMORA MINE-A   0122312D SS    -3793151.343    188258194.6
DANNEMORA MINERA   DMABBNOK EO    -3793151.343    188258194.6
DANNEMORA MINERA   DMABB BY       -3793151.343    188258194.6
DANNEMORA MINERA   DMAB SS        -3793151.343    188258194.6
DANNEMORA MINERA   DMABBO B3      -3793151.343    188258194.6
DANNEMORA MINERA   DMABB EU       -3793151.343    188258194.6
DANNEMORA MINERA   DMABB EO       -3793151.343    188258194.6
DANNEMORA MINERA   DMABBNOK BY    -3793151.343    188258194.6
DANNEMORA MINERA   DMABNOK SS     -3793151.343    188258194.6
DANNEMORA MINERA   59P GR         -3793151.343    188258194.6
DANNEMORA MINERA   DMABBO L3      -3793151.343    188258194.6
DANNEMORA MINERA   DMABBO S2      -3793151.343    188258194.6
DANNEMORA MINERA   DMABB NO       -3793151.343    188258194.6
DANNEMORA MINERA   DMABB SS       -3793151.343    188258194.6
DANNEMORA MINERA   DMABBNOK EU    -3793151.343    188258194.6
DANNEMORA MINERA   DMABB PZ       -3793151.343    188258194.6
DARTY PLC          DRTY1 EB       -438442925.5     1678340661
DARTY PLC          DRTYUSD EO     -438442925.5     1678340661
DARTY PLC          DRTY EU        -438442925.5     1678340661
DARTY PLC          DRTYEUR EU     -438442925.5     1678340661
DARTY PLC          DRTYI GR       -438442925.5     1678340661
DARTY PLC          KESA9 EO       -438442925.5     1678340661
DARTY PLC          KESA NR        -438442925.5     1678340661
DARTY PLC          KES1 EO        -438442925.5     1678340661
DARTY PLC          DRTYUSD EU     -438442925.5     1678340661
DARTY PLC          DRTY TQ        -438442925.5     1678340661
DARTY PLC          DRTYP S2       -438442925.5     1678340661
DARTY PLC          KESA5 EO       -438442925.5     1678340661
DARTY PLC          KESAF US       -438442925.5     1678340661
DARTY PLC          DRTY EO        -438442925.5     1678340661
DARTY PLC          KE4 GK         -438442925.5     1678340661
DARTY PLC          KESA QM        -438442925.5     1678340661
DARTY PLC          KESA NQ        -438442925.5     1678340661
DARTY PLC          DRTY QM        -438442925.5     1678340661
DARTY PLC          DRTY IX        -438442925.5     1678340661
DARTY PLC          KESA4 EO       -438442925.5     1678340661
DARTY PLC          KESA IX        -438442925.5     1678340661
DARTY PLC          DRTYP B3       -438442925.5     1678340661
DARTY PLC          DRTY1 IX       -438442925.5     1678340661
DARTY PLC          KESA8 EO       -438442925.5     1678340661
DARTY PLC          DRTYL L3       -438442925.5     1678340661
DARTY PLC          DRTYP L3       -438442925.5     1678340661
DARTY PLC          KESA S1        -438442925.5     1678340661
DARTY PLC          DRTYGBP EO     -438442925.5     1678340661
DARTY PLC          KESA EO        -438442925.5     1678340661
DARTY PLC          DRTY FP        -438442925.5     1678340661
DARTY PLC          DRTYL S2       -438442925.5     1678340661
DARTY PLC          KESA7 EO       -438442925.5     1678340661
DARTY PLC          DRTYEUR EO     -438442925.5     1678340661
DARTY PLC          KESA BQ        -438442925.5     1678340661
DARTY PLC          DRTY1 TQ       -438442925.5     1678340661
DARTY PLC          KESA6 EO       -438442925.5     1678340661
DARTY PLC          KESA3 EO       -438442925.5     1678340661
DARTY PLC          KSA FP         -438442925.5     1678340661
DARTY PLC          KE4 GR         -438442925.5     1678340661
DARTY PLC          DRTYL B3       -438442925.5     1678340661
DARTY PLC          DRTY LN        -438442925.5     1678340661
DARTY PLC          DRTY EB        -438442925.5     1678340661
DARTY PLC          KESA2 EO       -438442925.5     1678340661
DARTY PLC          KESA TQ        -438442925.5     1678340661
DARTY PLC          KESA EB        -438442925.5     1678340661
DAVENHAM GROUP P   DAV PZ         -57318753.57    114702989.3
DAVENHAM GROUP P   DAVEUR EO      -57318753.57    114702989.3
DAVENHAM GROUP P   DAH TH         -57318753.57    114702989.3
DAVENHAM GROUP P   DAV PG         -57318753.57    114702989.3
DAVENHAM GROUP P   DAV EO         -57318753.57    114702989.3
DAVENHAM GROUP P   DAV LN         -57318753.57    114702989.3
DAVENHAM GROUP P   DAH GR         -57318753.57    114702989.3
DAVENHAM GROUP P   DAV EU         -57318753.57    114702989.3
DE LA RUE PLC      DL1C GR        -117201923.4    803931943.1
DE LA RUE PLC      DLARL B3       -117201923.4    803931943.1
DE LA RUE PLC      DLARUSD EO     -117201923.4    803931943.1
DE LA RUE PLC      DLAR6 EO       -117201923.4    803931943.1
DE LA RUE PLC      DLAR BQ        -117201923.4    803931943.1
DE LA RUE PLC      DL1C GK        -117201923.4    803931943.1
DE LA RUE PLC      DLAR LN        -117201923.4    803931943.1
DE LA RUE PLC      DLA EO         -117201923.4    803931943.1
DE LA RUE PLC      DL1B GR        -117201923.4    803931943.1
DE LA RUE PLC      DLAR IX        -117201923.4    803931943.1
DE LA RUE PLC      DLAR3 EO       -117201923.4    803931943.1
DE LA RUE PLC      DLAR VX        -117201923.4    803931943.1
DE LA RUE PLC      DLAR PZ        -117201923.4    803931943.1
DE LA RUE PLC      DLAR7 EO       -117201923.4    803931943.1
DE LA RUE PLC      DLAR QX        -117201923.4    803931943.1
DE LA RUE PLC      DLAR NR        -117201923.4    803931943.1
DE LA RUE PLC      DLAR4 EO       -117201923.4    803931943.1
DE LA RUE PLC      DLRUF US       -117201923.4    803931943.1
DE LA RUE PLC      DLAREUR EU     -117201923.4    803931943.1
DE LA RUE PLC      DLAR TQ        -117201923.4    803931943.1
DE LA RUE PLC      DELRF US       -117201923.4    803931943.1
DE LA RUE PLC      DLAR EB        -117201923.4    803931943.1
DE LA RUE PLC      DLAR2 EO       -117201923.4    803931943.1
DE LA RUE PLC      DLARL S2       -117201923.4    803931943.1
DE LA RUE PLC      DLAREUR EO     -117201923.4    803931943.1
DE LA RUE PLC      DLAR EU        -117201923.4    803931943.1
DE LA RUE PLC      DLAR NQ        -117201923.4    803931943.1
DE LA RUE PLC      DL1A GR        -117201923.4    803931943.1
DE LA RUE PLC      DLAR PO        -117201923.4    803931943.1
DE LA RUE PLC      DLAR QM        -117201923.4    803931943.1
DE LA RUE PLC      DLARGBP EO     -117201923.4    803931943.1
DE LA RUE PLC      DLAR8 EO       -117201923.4    803931943.1
DE LA RUE PLC      DLARCHF EO     -117201923.4    803931943.1
DE LA RUE PLC      DLARF US       -117201923.4    803931943.1
DE LA RUE PLC      DLARL L3       -117201923.4    803931943.1
DE LA RUE PLC      DLAR9 EO       -117201923.4    803931943.1
DE LA RUE PLC      DL1 GR         -117201923.4    803931943.1
DE LA RUE PLC      DLAR EO        -117201923.4    803931943.1
DE LA RUE PLC      DLARUSD EU     -117201923.4    803931943.1
DE LA RUE PLC      DLAR1 EO       -117201923.4    803931943.1
DE LA RUE PLC      DLARCHF EU     -117201923.4    803931943.1
DE LA RUE PLC      DLAR5 EO       -117201923.4    803931943.1
DE LA RUE PLC      DLAR S1        -117201923.4    803931943.1
DE LA RUE-ADR      DERUY US       -117201923.4    803931943.1
DE LA RUE-ADR      DLUEY US       -117201923.4    803931943.1
DE LA RUE-PREF     DLAP LN        -117201923.4    803931943.1
DE LA RUE-PREF     3115438Q EU    -117201923.4    803931943.1
DE LA RUE-PREF     DLAP PZ        -117201923.4    803931943.1
DE STEFANO INVES   3814768Z LN     -1732230.02      173800412
DESMET BALLESTRA   2850262Z BB    -53278497.25    285006991.6
DEVELICA DEUTSCH   DDE LN         -79827494.88     1139643575
DEVELICA DEUTSCH   D4B GR         -79827494.88     1139643575
DEVELICA DEUTSCH   DDE PZ         -79827494.88     1139643575
DEVELICA DEUTSCH   DDE IX         -79827494.88     1139643575
DEVELICA DEUTSCH   DDE PG         -79827494.88     1139643575
DIAMOND RESORT H   1710824Z LN    -56236300.33    207842375.5
DIAMOND RESORTS    1578906Z LN     -9597397.72    221635081.8
DIAS AQUA-R REPO   DIFFV11 GA     -91570508.17    151745904.4
DIAS AQUACU-REPO   DIFFL11 GA     -91570508.17    151745904.4
DIAS AQUACULTURE   DIFF EO        -91570508.17    151745904.4
DIAS AQUACULTURE   DIFF GA        -91570508.17    151745904.4
DIAS AQUACULTURE   DIFF EU        -91570508.17    151745904.4
DIAS AQUACULTURE   DIFFY B3       -91570508.17    151745904.4
DIAS AQUACULTURE   DIFFY S2       -91570508.17    151745904.4
DIAS AQUACULTURE   DIFF PZ        -91570508.17    151745904.4
DIAS AQUACULTURE   DIFFY L3       -91570508.17    151745904.4
DIBAQ DIPROTEG     937530Z SM     -6314112.019    147817872.4
DIMA COSTRUZIONI   4526911Z IM     -14681477.1    426157772.4
DIMAFIN SPA        2727163Z IM    -63237310.55    270853808.6
DIOKI DD           DIOKRA CZ      -38207781.04    346383251.3
DIOKI DD           DIOKRHRK EO    -38207781.04    346383251.3
DIOKI DD           DIOKRHRK EU    -38207781.04    346383251.3
DIRECT ENERGIE     ALDIR FP       -44827553.48     1104547436
DIRECT ENERGIE     ALPWO EU       -44827553.48     1104547436
DIRECT ENERGIE     4PO GR         -44827553.48     1104547436
DIRECT ENERGIE     ALPWO EO       -44827553.48     1104547436
DISENOS URBANOS    4367969Z SM    -2536463.405    337554175.8
DISPOSABLE SOFT    1124335Z LN    -55495561.19    182341357.2
DLJ UK HOLDING     1774497Z LN       -96350000    13366606848
DNEPROPETROVSK     DMZP UZ          -135620115    517236634.7
DNIP METAL-Y Z-D   DMZK UZ        -5182981.244    100742357.9
DNIPROVSKY IRON    DMKD UZ          -377295526     1251619779
DONCASTERS GROUP   996146Z LN     -520880935.7     1738381297
DRIVE ASSIST HOL   3641135Z LN    -526668613.4    370637648.1
DSS                DSS EO           -166261774    117382164.4
DSS                DSS PW           -166261774    117382164.4
DSS                DSS EU           -166261774    117382164.4
DSS SA             DSSW S2          -166261774    117382164.4
DSS SA             DSSW L3          -166261774    117382164.4
DSS SA             DSSW B3          -166261774    117382164.4
DSS-PDA            DSSA PW          -166261774    117382164.4
DTZ DEBENHAM TIE   1637608Z LN    -127198668.5    136733329.8
DUFERCO LA LOUVI   4169149Z BB    -102578634.2    322222513.5
DUNLOP OIL & MAR   1787361Z LN    -901430.9925    178852029.9
E ON UK CHP LTD    2642428Z LN    -549915134.6    296660127.5
EAST LONDON BUS    4453289Z LN    -25646993.29    493649937.7
EAST-SIBERIA-BRD   VSNK* RU       -92283731.58    299863617.2
EAST-SIBERIA-BRD   VSNK RU        -92283731.58    299863617.2
EAST-SIBERIAN-BD   VSNK$ RU       -92283731.58    299863617.2
EASYDIS SAS        4470559Z FP    -7560619.382    256995570.2
EASYNET GROUP      ESY VX         -13323427.13    573001458.7
EASYNET GROUP      EAY GR         -13323427.13    573001458.7
EASYNET GROUP      ESY PO         -13323427.13    573001458.7
EASYNET GROUP      EZNGF US       -13323427.13    573001458.7
EASYNET GROUP-CV   91009Z LN      -13323427.13    573001458.7
EATON ELECTRIC B   2017671Z NA    -1841796.041      130595897
ECONOMIST NEWSPA   6888Z LN        -17266078.7    388318853.7
ECS COMPUTER SYS   ECS FP         -109890400.7    681800759.1
EDENRED            EDENP B3        -1922075941     5280232751
EDENRED            QSV TH          -1922075941     5280232751
EDENRED            EDENUSD EO      -1922075941     5280232751
EDENRED            EDEN QM         -1922075941     5280232751
EDENRED            EDENP S2        -1922075941     5280232751
EDENRED            EDEN EO         -1922075941     5280232751
EDENRED            QSV GR          -1922075941     5280232751
EDENRED            EDEN FP         -1922075941     5280232751
EDENRED            EDEN EB         -1922075941     5280232751
EDENRED            EDEN BQ         -1922075941     5280232751
EDENRED            EDEN TQ         -1922075941     5280232751
EDENRED            EDENP L3        -1922075941     5280232751
EDENRED            EDEN EU         -1922075941     5280232751
EDENRED            EDEN PZ         -1922075941     5280232751
EDENRED            EDEN S1         -1922075941     5280232751
EDENRED            EDEN IX         -1922075941     5280232751
EDENRED            EDEN QX         -1922075941     5280232751
EDENRED            EDENUSD EU      -1922075941     5280232751
EDENRED            EDNMF US        -1922075941     5280232751
EDENRED - NEW      EDENV EU        -1922075941     5280232751
EDENRED - NEW      EDENV FP        -1922075941     5280232751
EDENRED - NEW      EDENVEUR EO     -1922075941     5280232751
EDENRED - NEW      09317EUR EO     -1922075941     5280232751
EDENRED - NEW      09317EUR EU     -1922075941     5280232751
EDENRED - NEW      0931985D FP     -1922075941     5280232751
EDENRED SA-ADR     EDNMY US        -1922075941     5280232751
EDENRED-NEW        0931986D FP     -1922075941     5280232751
EDENRED-NEW        0675161D FP     -1922075941     5280232751
EDF EN OUTRE MER   4679713Z FP    -10380130.59      110553300
EDF ENERGY 1 LTD   1201287Z LN    -176604137.1    557591129.7
EDRASIS C. PSALL   EDRAR GA       -114527235.1    168611130.1
EDRASIS PSALIDAS   EDRA PZ        -114527235.1    168611130.1
EDRASIS PSALIDAS   EDRA EU        -114527235.1    168611130.1
EDRASIS PSALIDAS   EPP GR         -114527235.1    168611130.1
EDRASIS PSALIDAS   EDRA EO        -114527235.1    168611130.1
EDRASIS PSALIDAS   EDRA GA        -114527235.1    168611130.1
EDRASIS-AUCTION    EDRAE GA       -114527235.1    168611130.1
EITZEN CHEMI-ADR   EITZY US         -132635000      865660992
EITZEN CHEMICAL    ECHEM PZ         -132635000      865660992
EITZEN CHEMICAL    ECHEM TQ         -132635000      865660992
EITZEN CHEMICAL    ECHEM SS         -132635000      865660992
EITZEN CHEMICAL    CHEM NO          -132635000      865660992
EITZEN CHEMICAL    ECHEMO B3        -132635000      865660992
EITZEN CHEMICAL    ECHM IX          -132635000      865660992
EITZEN CHEMICAL    ECHEMEUR EO      -132635000      865660992
EITZEN CHEMICAL    ECHEMO S2        -132635000      865660992
EITZEN CHEMICAL    ECHEM NO         -132635000      865660992
EITZEN CHEMICAL    ECHEM EU         -132635000      865660992
EITZEN CHEMICAL    E8H GR           -132635000      865660992
EITZEN CHEMICAL    ECHEMEUR EU      -132635000      865660992
EITZEN CHEMICAL    ECHEMO L3        -132635000      865660992
EITZEN CHEMICAL    ECHEM EO         -132635000      865660992
EITZEN CHEMICAL    ECHEM BY         -132635000      865660992
EITZEN CHEMICAL    EITZF US         -132635000      865660992
ELITE HOTELS ROT   3818480Z LN    -9353175.991    160453512.8
ELITE SHIPPING     ELSP DC        -27715992.18    100892901.9
ELLERSTON GEMS O   4781417Z ID     -4056745.81    195867216.9
EM.TV & MERC-NEW   ETV1 NM        -22067243.56    849175624.7
EM.TV & MERC-NEW   ETV1 GR        -22067243.56    849175624.7
EM.TV & MERC-RTS   ETV8 GR        -22067243.56    849175624.7
EM.TV & MERC-RTS   ETV8 NM        -22067243.56    849175624.7
EM.TV & MERCHAND   985403Q GR     -22067243.56    849175624.7
EM.TV & MERCHAND   ETV LN         -22067243.56    849175624.7
EM.TV & MERCHAND   ETV NM         -22067243.56    849175624.7
EM.TV & MERCHAND   0881480D US    -22067243.56    849175624.7
EM.TV & MERCHAND   ETV VX         -22067243.56    849175624.7
EM.TV & MERCHAND   EMTVF US       -22067243.56    849175624.7
EMCOR GROUP UK P   376717Z LN     -6538600.194      173540446
EMI GROUP -ASSD    EMIA LN         -2265973885     2950096964
EMI GROUP LTD      EMI LN          -2265973885     2950096964
EMI GROUP PLC      EMI PO          -2265973885     2950096964
EMI GROUP PLC      EMI VX          -2265973885     2950096964
EMI GROUP PLC      3020138Q GR     -2265973885     2950096964
EMI GROUP PLC      EMIPF US        -2265973885     2950096964
EMI GROUP PLC      EMI IX          -2265973885     2950096964
EMI GROUP PLC-B    1019425Q LN     -2265973885     2950096964
EMI GROUP-ADR      EMI$ LN         -2265973885     2950096964
EMI GROUP-ADR      38IS LN         -2265973885     2950096964
EMI GROUP-ADR      EMIPY US        -2265973885     2950096964
EMPEDOS SA         EMPED GA       -33637669.62    174742646.9
EMPEDOS SA-RTS     EMPEDR GA      -33637669.62    174742646.9
EMPRESA DE DESEN   3635623Z PL    -474057586.2    908088594.2
ENER PETROLEUM A   ENEPF US       -49442800.46    261409223.6
ENERGY POWER RES   510443Z LN     -44526127.81    138151227.6
EQUINITI LTD       977621Z LN     -190266907.4    912192915.6
EQUITY INSURANCE   1675200Z LN    -111525678.8    387274841.6
ERM GROUP HOLDIN   3125976Z LN      -175924992      616248000
ESPORTA HEALTH &   1689624Z LN    -27473342.77    278556794.5
ESTALEIROS NAVAI   4507307Z PL      -182902840      188576452
ETHEL AUSTIN INV   1089202Z LN    -38259689.04    225745160.1
ETHICAL HLDG-ADR   ETHCY US          -33856000      252476000
EUPHONY HOLDINGS   4449041Z LN    -22471921.86    112865190.8
EURCO FINANCE      3799980Z ID    -48644964.48    679151283.8
EURO DISNEY SCA    EDIS CN        -285631281.5     2901760504
EURO DISNEY SCA    EUDI LI        -285631281.5     2901760504
EURO DISNEY SCA    EDLP S2        -285631281.5     2901760504
EURO DISNEY SCA    EDLB BB        -285631281.5     2901760504
EURO DISNEY SCA    EDIS BB        -285631281.5     2901760504
EURO DISNEY SCA    EDLP L3        -285631281.5     2901760504
EURO DISNEY SCA    EDLP B3        -285631281.5     2901760504
EURO DISNEY-ADR    1800P US       -285631281.5     2901760504
EURO DISNEY-NEW    EDLN FP        -285631281.5     2901760504
EURO DISNEY-NONR   2862678Q EU    -285631281.5     2901760504
EURO DISNEY-NONR   3663498Q PZ    -285631281.5     2901760504
EURO DISNEY-NONR   EDIG IX        -285631281.5     2901760504
EURO DISNEY-NONR   EDLNR FP       -285631281.5     2901760504
EURO DISNEY-NONR   EDI GR         -285631281.5     2901760504
EURO DISNEY-NONR   EDLY IX        -285631281.5     2901760504
EURO DISNEY-NONR   ERDBF US       -285631281.5     2901760504
EURO DISNEY-NONR   2862682Q EO    -285631281.5     2901760504
EURO DISNEY-NP     EUDN LN        -285631281.5     2901760504
EURO DISNEY-OLD    EURD BB        -285631281.5     2901760504
EURO DISNEY-RCPT   EUD VX         -285631281.5     2901760504
EURO DISNEY-RCPT   ERDDF US       -285631281.5     2901760504
EURO DISNEY-RCPT   EUD PO         -285631281.5     2901760504
EURO DISNEY-RCPT   EUD LN         -285631281.5     2901760504
EURO DISNEY-REGR   EDL IX         -285631281.5     2901760504
EURO DISNEY-REGR   EDIA GR        -285631281.5     2901760504
EURO DISNEY-REGR   EDL QM         -285631281.5     2901760504
EURO DISNEY-REGR   EDL1 TH        -285631281.5     2901760504
EURO DISNEY-REGR   EDLP IX        -285631281.5     2901760504
EURO DISNEY-REGR   EDL EU         -285631281.5     2901760504
EURO DISNEY-REGR   EUDSF US       -285631281.5     2901760504
EURO DISNEY-REGR   EDL TQ         -285631281.5     2901760504
EURO DISNEY-REGR   EDIA TH        -285631281.5     2901760504
EURO DISNEY-REGR   EDLP PZ        -285631281.5     2901760504
EURO DISNEY-REGR   EDL BQ         -285631281.5     2901760504
EURO DISNEY-REGR   EDL EB         -285631281.5     2901760504
EURO DISNEY-REGR   EDL S1         -285631281.5     2901760504
EURO DISNEY-REGR   EDL EO         -285631281.5     2901760504
EURO DISNEY-REGR   EDL FP         -285631281.5     2901760504
EURO DISNEY-RGT    EDI1 GR        -285631281.5     2901760504
EURO DISNEY-RGT    EDLDS FP       -285631281.5     2901760504
EURO DISNEY-RTS    2761245Q FP    -285631281.5     2901760504
EURO DISNEY-RTS    EDISS5 BB      -285631281.5     2901760504
EUROCEANICA UK L   3640775Z LN       -59513000      127740000
EUROCOMMERCE HOL   4174085Z NA    -1476.300001     1442043983
EURODEP            4680905Z FP    -20980092.52    199599003.5
EUROMEDICA         EUMED GA       -127941241.2    833080402.6
EUROMEDICA SA      DNX GR         -60522431.53    735697511.6
EUROMEDICA SA      EUROMY S2      -60522431.53    735697511.6
EUROMEDICA SA      EUROM EU       -60522431.53    735697511.6
EUROMEDICA SA      DNXA GR        -60522431.53    735697511.6
EUROMEDICA SA      EUMDF US       -127941241.2    833080402.6
EUROMEDICA SA      EUROM EO       -60522431.53    735697511.6
EUROMEDICA SA      EUROMY L3      -60522431.53    735697511.6
EUROMEDICA SA      EUROMY B3      -60522431.53    735697511.6
EUROMEDICA SA      EUROM PZ       -60522431.53    735697511.6
EUROMEDICA SA      EUROM GA       -60522431.53    735697511.6
EUROPEAN HOME      EHREUR EU      -14328734.27    110864074.5
EUROPEAN HOME      EHR7 EO        -14328734.27    110864074.5
EUROPEAN HOME      EHREUR EO      -14328734.27    110864074.5
EUROPEAN HOME      EHR EU         -14328734.27    110864074.5
EUROPEAN HOME      EHR LN         -14328734.27    110864074.5
EUROPEAN HOME      EHR PZ         -14328734.27    110864074.5
EUROPEAN HOME      EHR3 EO        -14328734.27    110864074.5
EUROPEAN HOME      EHR8 EO        -14328734.27    110864074.5
EUROPEAN HOME      EHRGBP EO      -14328734.27    110864074.5
EUROPEAN HOME      EHR6 EO        -14328734.27    110864074.5
EUROPEAN HOME      KLZ VX         -14328734.27    110864074.5
EUROPEAN HOME      EHR2 EO        -14328734.27    110864074.5
EUROPEAN HOME      FPAKF US       -14328734.27    110864074.5
EUROPEAN HOME      EHR1 EO        -14328734.27    110864074.5
EUROPEAN HOME      EHR PO         -14328734.27    110864074.5
EUROPEAN HOME      EHR10 EO       -14328734.27    110864074.5
EUROPEAN HOME      EHR9 EO        -14328734.27    110864074.5
EUROPEAN HOME      EHR5 EO        -14328734.27    110864074.5
EUROPEAN HOME      EHR4 EO        -14328734.27    110864074.5
EUROPEAN HOME      EHR EO         -14328734.27    110864074.5
EUROPEAN HOME      KLZ PO         -14328734.27    110864074.5
EUROPEAN HOME      EHR VX         -14328734.27    110864074.5
EUROPEAN MARITIM   4523543Z NA    -34804363.97    347312502.4
EXOVA GROUP L-WI   0276626D LN    -197135399.8    847847879.2
EXOVA GROUP PLC    EXO1 IX        -197135399.8    847847879.2
EXOVA GROUP PLC    EXOL S1        -197135399.8    847847879.2
EXOVA GROUP PLC    EXOGBX EO      -197135399.8    847847879.2
EXOVA GROUP PLC    219 GR         -197135399.8    847847879.2
EXOVA GROUP PLC    EXOL TQ        -197135399.8    847847879.2
EXOVA GROUP PLC    EXO1 EB        -197135399.8    847847879.2
EXOVA GROUP PLC    EXOGBX EU      -197135399.8    847847879.2
EXOVA GROUP PLC    EXOL B3        -197135399.8    847847879.2
EXOVA GROUP PLC    EXOL L3        -197135399.8    847847879.2
EXOVA GROUP PLC    EXOL S2        -197135399.8    847847879.2
EXOVA GROUP PLC    EXO1 BQ        -197135399.8    847847879.2
EXOVA GROUP PLC    EXO LN         -197135399.8    847847879.2
EXOVA PLC          4507835Z LN    -23478995.65    727816532.4
EXPERT NORGE AS    4444681Z NO    -7915470.255      138176736
EXPLORER NV        4289181Z BB    -30272569.33    247298625.7
EXXONMOBIL MARIN   1196527Z LN    -11135515.11    247074913.1
F.C. PORTO         FCP PL         -42858205.32    244984137.8
F.C. PORTO         FBC GR         -42858205.32    244984137.8
F.C. PORTO         FCP EO         -42858205.32    244984137.8
F.C. PORTO         FCP EB         -42858205.32    244984137.8
F.C. PORTO         FCP IX         -42858205.32    244984137.8
F.C. PORTO         FCP TQ         -42858205.32    244984137.8
F.C. PORTO         FCP PZ         -42858205.32    244984137.8
F.C. PORTO         0967973D TQ    -42858205.32    244984137.8
F.C. PORTO         FCP EU         -42858205.32    244984137.8
F.C. PORTO         FCPX PX        -42858205.32    244984137.8
F.C.PORTO          FCPA PL        -42858205.32    244984137.8
FACEO FM           4690137Z FP    -1109089.079    243429434.2
FACONNABLE SA      226782Z FP     -89346646.31    148629491.9
FAR EASTERN GENE   DVGC RU        -287701852.5     1300213857
FAREPAK PLC        FPK LN         -14328734.27    110864074.5
FBEX PROMO INMOB   3745024Z SM    -820030.3857     1142978438
FENERBAHCE         FEBHF US       -100650956.7    166259494.6
FENERBAHCE FUTBO   FENER TI       -100650956.7    166259494.6
FERDINAND STINGE   4040837Z NA    -197824.2002     1420305383
FERGO AISA -RTS    AISA/D SM      -102379482.8    427577243.8
FERGO AISA SA      AISA EO        -102379482.8    427577243.8
FERGO AISA SA      AISA SM        -102379482.8    427577243.8
FERGO AISA SA      AISA PZ        -102379482.8    427577243.8
FERGO AISA SA      AISA EU        -102379482.8    427577243.8
FERGO AISA SA      AISA TQ        -102379482.8    427577243.8
FINAN ST FIACRE    STFI FP        -1274873.644    111191494.1
FINANCIAL LEASIN   137282Z RU     -223005888.9    203003201.1
FINANCIAL LEASIN   FLKO RU        -223005888.9    203003201.1
FINANCIAL LEASIN   FLKO* RU       -223005888.9    203003201.1
FINANCIAL LEASIN   FLKO RM        -223005888.9    203003201.1
FINANCIAL SERVIC   2630281Z LN    -105700509.6    414966448.4
FINANCIETOREN NV   3729210Z BB    -62644343.22      728523980
FINANSIERINGSSEL   3977156Z DC    -2410330.413    110737438.4
FINMATICA SPA      FIN IM         -126386016.2    281256000.7
FINMATICA SPA      0882440D GR    -126386016.2    281256000.7
FINMATICA SPA      FIN NM         -126386016.2    281256000.7
FINMATICA SPA      FMTAF US       -126386016.2    281256000.7
FIRST CHOICE HOL   1098394Z LN    -599861682.6    608849393.2
FIRST HYDRO HOLD   3640695Z LN    -138234986.9    787284226.6
FIRST MILK CHEES   2747070Z LN    -2831489.514    219885072.7
FLAMEL TECH-ADR    FL3 GR             -9512000      116252000
FLAMEL TECH-ADR    FLML US            -9512000      116252000
FLAMEL TECH-ADR    FLMLY US           -9512000      116252000
FLAMEL TECH-ADR+   FLML ES            -9512000      116252000
FLAMEL TECHNOLOG   223386Z FP         -9512000      116252000
FLECTAT LTD        1160967Z LN    -63473735.47     1370214089
FLOWTECH FLUIDPO   FLO LN         -21847240.78    106259293.7
FLOWTECH FLUIDPO   0984685D LN    -21847240.78    106259293.7
FLOWTECH FLUIDPO   FLOGBX EO      -21847240.78    106259293.7
FLOWTECH FLUIDPO   FLOL B3        -21847240.78    106259293.7
FLOWTECH FLUIDPO   FLOGBX EU      -21847240.78    106259293.7
FLOWTECH FLUIDPO   FLOL S2        -21847240.78    106259293.7
FLOWTECH FLUIDPO   FLOL L3        -21847240.78    106259293.7
FLOWTECH LTD       499847Z LN     -18077345.85    100846577.2
FLYBE LTD          6621Z LN       -49079850.55    583184106.6
FNAC DIRECT SA     4517575Z FP    -1415497.026    186135619.4
FNAC PARIS SA      4517559Z FP    -17638041.28    142283698.6
FOL INTERNATIONA   4513251Z ID    -58270033.92    351871611.7
FORD MOTOR CO LT   1291306Z LN     -1778499089     4554256762
FORTHNET R-R       FORTV10 GA     -131226101.1    813393945.9
FORTHNET REPO      FORTL10 GA     -131226101.1    813393945.9
FORTHNET SA        FORTH GA       -131226101.1    813393945.9
FORTHNET SA        FRHNF US       -131226101.1    813393945.9
FORTHNET SA        FN6 GR         -131226101.1    813393945.9
FORTHNET SA        FORTH EU       -131226101.1    813393945.9
FORTHNET SA        FNETF US       -131226101.1    813393945.9
FORTHNET SA        FORTHY S2      -131226101.1    813393945.9
FORTHNET SA        FORTHY B3      -131226101.1    813393945.9
FORTHNET SA        FORTH EO       -131226101.1    813393945.9
FORTHNET SA        FORTHY L3      -131226101.1    813393945.9
FORTHNET SA        FN61 GR        -131226101.1    813393945.9
FORTHNET SA        FORTH PZ       -131226101.1    813393945.9
FORTHNET SA- RTS   FORTHR GA      -131226101.1    813393945.9
FORTHNET SA- RTS   FORTHEUR EO    -131226101.1    813393945.9
FORTHNET SA- RTS   FORTHEUR EU    -131226101.1    813393945.9
FORTHNET SA-RT     2905043Q GA    -131226101.1    813393945.9
FORTHNET SA-RTS    0918102D GA    -131226101.1    813393945.9
FORTHNET-AUCTION   FORTHE GA      -131226101.1    813393945.9
FOTOVISTA          666680Z FP     -164906523.7    144423244.8
FOUR SEASONS HEA   1865450Z LN     -84016616.9    292940709.6
FRANFINANCE LOCA   4689993Z FP    -69780272.15     1638836238
FREE RECORD SHOP   776709Q US     -1845202.816    135750172.5
FREE RECORD SHOP   FRSHN NA       -1845202.816    135750172.5
FREE RECORD-NEW    2922Q US       -1845202.816    135750172.5
FREE RECORD-STK    FREES NA       -1845202.816    135750172.5
FRENCH CONNECTIO   1092170Z LN    -40929520.56    129544535.9
FRESHWATER FINAN   699575Z ID     -356859861.6     2117171097
FRUIT OF THE LOO   4459361Z ID      -129450693    366080811.1
FUGRO-GEOTEAM AS   4777049Z NO    -26835943.96    280819059.2
FUND FOR ORDERED   3451402Z SM     -2411855924    12405762920
FUNDING CORP LTD   4157637Z LN    -10945761.45    110862719.6
FUTEBOL CLUBE DO   FCPU B3        -42858205.32    244984137.8
FUTEBOL CLUBE DO   FCPU L3        -42858205.32    244984137.8
FUTEBOL CLUBE DO   FCPU S2        -42858205.32    244984137.8
FW FARNSWORTH LT   1293386Z LN    -65739932.28    107240946.6
G4S SECURE SOL     1383954Z LN    -98910616.11    439870371.2
GALATASARAY SPOR   GSRAY TI        -22365114.5    326484624.9
GALATASARAY SPOR   GSY GR          -22365114.5    326484624.9
GALATASARAY SPOR   GATSF US        -22365114.5    326484624.9
GALATASARAY SPOR   GALA IX         -22365114.5    326484624.9
GALATASARAY SPOR   GSRAYR TI       -22365114.5    326484624.9
GALATASARAY-NEW    GSRAYY TI       -22365114.5    326484624.9
GALIFORM CORPORA   1478794Z LN     -42240607.6    356838258.9
GALLAGHER UK LTD   4422897Z LN    -8986482.825    196569821.2
GARTLAND WHALLEY   GWB LN         -10987103.36    145356463.2
GAZ-FINANS OOO     GAZF RU        -56134.51002    232319894.6
GCE CAR LEASE      4702065Z FP     -7806755.31    182812509.2
GE POWER CONTROL   3744144Z SM     -96711575.3    106573693.4
GENERAL MOTORS     1062338Z LN     -1338828101     1405907508
GENERAL MOTORS E   4286805Z SM    -130164650.7     1247917529
GENERAL MOTORS N   3894534Z NA    -3395588.107    324227866.3
GEOBAN UK LTD      1207967Z LN    -151608.7187    126736022.7
GERIMEX BV         3820372Z NA    -944079.0697    121833289.5
GESTESA DESARROL   3797476Z SM     -17369623.2    398147084.9
GFI SOFTWARE S.A   0620577D US      -102039000      369868992
GFI SOFTWARE S.A   GFIX US          -102039000      369868992
GFI SOFTWARE S.A   GFIS US          -102039000      369868992
GGT GROUP PLC      500970Q LN       -156372272    408211200.9
GGT GROUP-ADR      GGTRY US         -156372272    408211200.9
GLAXOSMITHKLINE    1426Z LN       -4969083.544    12826999154
GLENCORE ESPANA    3752336Z SM    -113656.5233    446394459.3
GLOBAL CROSSING    3629883Z LN    -557337702.6    411789919.4
GONDOLA GROUP LT   4499995Z LN      -566856039     1428301072
GOODYEAR DUNLOP    3894550Z LN    -22810264.61    231945503.3
GRANDE PAROISSE    GAPA FP        -927267926.9      629287290
GRANDE PAROISSE    GDPA FP        -927267926.9      629287290
GRANDE PAROISSE    GDPXF US       -927267926.9      629287290
GRANDES ALMACENE   4376721Z SM    -6342478.213    162039364.8
GRANDS MOU PARIS   2034Q FP       -11018592.03      208032635
GRAZHDANSKIE SAM   GSSU RU          -275658016     2386185984
GREAT EASTERN HO   1708272Z LN    -2658815.378      146098413
GREEN WIND ENERG   GW DC          -11320362.36      176234024
GREEN WIND ENERG   GWEUR EO       -11320362.36      176234024
GREEN WIND ENERG   G7W1 GR        -11320362.36      176234024
GREEN WIND ENERG   GW EO          -11320362.36      176234024
GREEN WIND ENERG   GW PZ          -11320362.36      176234024
GREEN WIND ENERG   GW BY          -11320362.36      176234024
GREEN WIND ENERG   GW EU          -11320362.36      176234024
GREEN WIND ENERG   GWEUR EU       -11320362.36      176234024
GROUPE PROGRES S   4734137Z FP    -128396484.9    136275389.6
GRUPO EZENTIS SA   AVZ NR         -14372275.23    222306266.2
GRUPO EZENTIS SA   EZEGBX EO      -14372275.23    222306266.2
GRUPO EZENTIS SA   0678040D SM    -14372275.23    222306266.2
GRUPO EZENTIS SA   RDT GR         -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE IX         -14372275.23    222306266.2
GRUPO EZENTIS SA   EZEGBP EO      -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE SM         -14372275.23    222306266.2
GRUPO EZENTIS SA   1003287D SM    -14372275.23    222306266.2
GRUPO EZENTIS SA   AVZ PZ         -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE EU         -14372275.23    222306266.2
GRUPO EZENTIS SA   EZED EB        -14372275.23    222306266.2
GRUPO EZENTIS SA   EZED IX        -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE EO         -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE TQ         -14372275.23    222306266.2
GRUPO EZENTIS SA   AVZTF US       -14372275.23    222306266.2
GRUPO EZENTIS SA   EZED TQ        -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE EB         -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE PZ         -14372275.23    222306266.2
GRUPO EZENTIS SA   EZEGBX EU      -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE/DEUR EU    -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE/DEUR EO    -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE/D SM       -14372275.23    222306266.2
GRUPO EZENTIS SA   EZE S1         -14372275.23    222306266.2
GRUPO EZENTIS SA   EZEE B3        -14372275.23    222306266.2
GRUPO EZENTIS SA   EZEE L3        -14372275.23    222306266.2
GRUPO EZENTIS SA   EZEE S2        -14372275.23    222306266.2
GRUPO PICKING PA   GPP SM         -92173952.82    105149402.3
GRUPO PICKING PA   GPPKF US       -92173952.82    105149402.3
GRUPO PICKING PA   GPP VX         -92173952.82    105149402.3
GRUPO PICKING-RT   GPP/D SM       -92173952.82    105149402.3
GRUPO TAVEX SA     TVX IX         -10622070.67      655950832
GRUPO TAVEX SA     TVX SM         -10622070.67      655950832
GRUPO TAVEX SA     TVXAF US       -10622070.67      655950832
GRUPO TAVEX SA     TV3 GR         -10622070.67      655950832
GRUPO TAVEX SA     TVXE B3        -10622070.67      655950832
GRUPO TAVEX SA     TVX TQ         -10622070.67      655950832
GRUPO TAVEX SA     TVXE L3        -10622070.67      655950832
GRUPO TAVEX SA     TVX EU         -10622070.67      655950832
GRUPO TAVEX SA     TVXE S2        -10622070.67      655950832
GRUPO TAVEX SA     TVX EB         -10622070.67      655950832
GRUPO TAVEX SA     TVX S1         -10622070.67      655950832
GRUPO TAVEX SA     TVX EO         -10622070.67      655950832
GS MULTI-CURRENC   4780921Z ID    -218031502.7     1766463253
GUENTHER & SOHN    GUS EU         -9612095.264      130075209
GUENTHER & SOHN    GUS EO         -9612095.264      130075209
GUENTHER & SOHN    0876248D PZ    -9612095.264      130075209
GUENTHER & SOHN    GUS GR         -9612095.264      130075209
GUERRINO PIVATO    4292565Z IM    -41218066.44    397216267.9
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       -21861848.05    194042457.9
GURIEVSKY-BRD      GUMZ RU        -21861848.05    194042457.9
HALCROW HOLDINGS   3892894Z LN    -450918508.2      264786827
HARMSWORTH PRINT   1552314Z LN    -5997756.143    101541044.1
HARMSWORTH QUAYS   1552378Z LN    -98887198.25    199544701.9
HARVEY NORMAN HO   4781809Z ID      -119046067    111163663.4
HATZIOANNOU        HATZK PZ       -54973436.99    102255716.8
HATZIOANNOU        HATZK GA       -54973436.99    102255716.8
HATZIOANNOU        HZI1 GR        -54973436.99    102255716.8
HATZIOANNOU        HATZK EO       -54973436.99    102255716.8
HATZIOANNOU        HATZK EU       -54973436.99    102255716.8
HATZIOANNOU ANON   HATZP PZ       -54973436.99    102255716.8
HATZIOANNOU ANON   HATZP EO       -54973436.99    102255716.8
HATZIOANNOU ANON   HATZP EU       -54973436.99    102255716.8
HATZIOANNOU ANON   HATZP GA       -54973436.99    102255716.8
HATZIOANNOU-RTS    HATZKR GA      -54973436.99    102255716.8
HAYMARKET GROUP    4158941Z LN     -72068008.6    252361040.7
HBPOLSKA           HBP LI         -239476687.5    175703330.6
HBPOLSKA           HBP EO         -239476687.5    175703330.6
HBPOLSKA           HBP EU         -239476687.5    175703330.6
HBPOLSKA           HBPEUR EU      -239476687.5    175703330.6
HBPOLSKA           HBW PW         -239476687.5    175703330.6
HBPOLSKA           HBPEUR EO      -239476687.5    175703330.6
HBPOLSKA           HBWL PZ        -239476687.5    175703330.6
HBPOLSKA           HBP PW         -239476687.5    175703330.6
HBPOLSKA-PD-ALLT   HBPA PW        -239476687.5    175703330.6
HEEGH AUTOLINERS   4389209Z NO    -812350.1488    537484504.9
HELI-ONE NORWAY    4632761Z NO    -79370156.68      663779418
HELLAS ONLIN-RTS   HOLR GA        -14593256.38    387577431.6
HELLAS ONLINE SA   HOLY L3        -14593256.38    387577431.6
HELLAS ONLINE SA   HOL GA         -14593256.38    387577431.6
HELLAS ONLINE SA   HOLY S2        -14593256.38    387577431.6
HELLAS ONLINE SA   BRAIN PZ       -14593256.38    387577431.6
HELLAS ONLINE SA   0394471Q GA    -14593256.38    387577431.6
HELLAS ONLINE SA   HOLY B3        -14593256.38    387577431.6
HELLAS ONLINE SA   BRAIN EO       -14593256.38    387577431.6
HELLAS ONLINE SA   BRAIN EU       -14593256.38    387577431.6
HELLAS ONLINE SA   BRAIN GA       -14593256.38    387577431.6
HELLAS ONLINE SA   UN5 GR         -14593256.38    387577431.6
HELLENIC FAB-RTS   ELYFD GA       -17797878.31    143247083.6
HELLENIC FABRICS   ELYFY S2       -17797878.31    143247083.6
HELLENIC FABRICS   ELYF EU        -17797878.31    143247083.6
HELLENIC FABRICS   ELYFY L3       -17797878.31    143247083.6
HELLENIC FABRICS   ELYFY B3       -17797878.31    143247083.6
HELLENIC FABRICS   ELYF PZ        -17797878.31    143247083.6
HELLENIC FABRICS   ELYF EO        -17797878.31    143247083.6
HELLENIC FABRICS   ELYF GA        -17797878.31    143247083.6
HELLENIC FISH FA   ELFISY L3        -5132660.7    111346543.2
HELLENIC FISH FA   ELFIS GA         -5132660.7    111346543.2
HELLENIC FISH FA   ELFISY S2        -5132660.7    111346543.2
HELLENIC FISH FA   ELFISY B3        -5132660.7    111346543.2
HELLENIC FISH FA   ELFIS EO         -5132660.7    111346543.2
HELLENIC FISH FA   ELFIS PZ         -5132660.7    111346543.2
HELLENIC FISH FA   ELFIS EU         -5132660.7    111346543.2
HERSAL-INVESTIME   4764577Z PL    -25242472.01    595266653.4
HESS INDONESIA P   1705776Z LN       -22193000      816726976
HEWLETT-PACKARD    4470239Z FP    -124782071.4     1142068103
HEWLETT-PACKARD    1963382Z LN    -909454604.5     4585176328
HIBU PLC           YELL7 EO        -2257521127     2120614224
HIBU PLC           HIBU EB         -2257521127     2120614224
HIBU PLC           HIBUEUR EU      -2257521127     2120614224
HIBU PLC           YELL6 EO        -2257521127     2120614224
HIBU PLC           HIBU LN         -2257521127     2120614224
HIBU PLC           HIBU IX         -2257521127     2120614224
HIBU PLC           YELL2 EO        -2257521127     2120614224
HIBU PLC           YELL8 EO        -2257521127     2120614224
HIBU PLC           YELLEUR EO      -2257521127     2120614224
HIBU PLC           YEL EO          -2257521127     2120614224
HIBU PLC           YELL EU         -2257521127     2120614224
HIBU PLC           YELLEUR EU      -2257521127     2120614224
HIBU PLC           YELLUSD EU      -2257521127     2120614224
HIBU PLC           YELLGBP EO      -2257521127     2120614224
HIBU PLC           YELL EO         -2257521127     2120614224
HIBU PLC           YELL IX         -2257521127     2120614224
HIBU PLC           YELL BQ         -2257521127     2120614224
HIBU PLC           YELL EB         -2257521127     2120614224
HIBU PLC           YELL QM         -2257521127     2120614224
HIBU PLC           YELL TQ         -2257521127     2120614224
HIBU PLC           YE1 GR          -2257521127     2120614224
HIBU PLC           YELL NR         -2257521127     2120614224
HIBU PLC           HIBU1 EO        -2257521127     2120614224
HIBU PLC           HIBU PZ         -2257521127     2120614224
HIBU PLC           HIBUGBP EO      -2257521127     2120614224
HIBU PLC           HIBU EU         -2257521127     2120614224
HIBU PLC           HIBU QM         -2257521127     2120614224
HIBU PLC           YE1 GK          -2257521127     2120614224
HIBU PLC           YELGF US        -2257521127     2120614224
HIBU PLC           HIBUI GR        -2257521127     2120614224
HIBU PLC           YELL9 EO        -2257521127     2120614224
HIBU PLC           HIBU EO         -2257521127     2120614224
HIBU PLC           YELL S1         -2257521127     2120614224
HIBU PLC           YELL3 EO        -2257521127     2120614224
HIBU PLC           YELL5 EO        -2257521127     2120614224
HIBU PLC           YELL1 EO        -2257521127     2120614224
HIBU PLC           YELLUSD EO      -2257521127     2120614224
HIBU PLC           HIBU BQ         -2257521127     2120614224
HIBU PLC           YELL4 EO        -2257521127     2120614224
HIBU PLC           HIBU TQ         -2257521127     2120614224
HIBU PLC           HIBUUSD EU      -2257521127     2120614224
HIBU PLC-ADR       YELGY US        -2257521127     2120614224
HIDRODATA SA       3635591Z SM    -25880106.23    316307850.4
HIGHLANDS & ISLA   3965324Z LN     -17267598.2    151175056.7
HIPPO GESTION ET   4732841Z FP     -10616040.3    103203918.6
HISPAVIC IBERICA   4369473Z SM    -7466862.615    129050823.9
HMV GROUP -GDR     276960Q GR     -218494079.6    415854059.2
HMV GROUP -GDR     29362Z US      -218494079.6    415854059.2
HMV GROUP PLC      HMV S1         -218494079.6    415854059.2
HMV GROUP PLC      HMV EO         -218494079.6    415854059.2
HMV GROUP PLC      HMV TQ         -218494079.6    415854059.2
HMV GROUP PLC      HMV EU         -218494079.6    415854059.2
HMV GROUP PLC      HMV1 EO        -218494079.6    415854059.2
HMV GROUP PLC      HMV NR         -218494079.6    415854059.2
HMV GROUP PLC      HMV2 EO        -218494079.6    415854059.2
HMV GROUP PLC      HMV PO         -218494079.6    415854059.2
HMV GROUP PLC      HM4 GK         -218494079.6    415854059.2
HMV GROUP PLC      HMV3 EO        -218494079.6    415854059.2
HMV GROUP PLC      HMV NQ         -218494079.6    415854059.2
HMV GROUP PLC      HMV PZ         -218494079.6    415854059.2
HMV GROUP PLC      HMV IX         -218494079.6    415854059.2
HMV GROUP PLC      HMV BQ         -218494079.6    415854059.2
HMV GROUP PLC      HMV9 EO        -218494079.6    415854059.2
HMV GROUP PLC      HMV LN         -218494079.6    415854059.2
HMV GROUP PLC      HMVEUR EU      -218494079.6    415854059.2
HMV GROUP PLC      HMV EB         -218494079.6    415854059.2
HMV GROUP PLC      HMV VX         -218494079.6    415854059.2
HMV GROUP PLC      HMVUSD EU      -218494079.6    415854059.2
HMV GROUP PLC      HM4 GR         -218494079.6    415854059.2
HMV GROUP PLC      HMVEUR EO      -218494079.6    415854059.2
HMV GROUP PLC      HMV QM         -218494079.6    415854059.2
HMV GROUP PLC      HMV7 EO        -218494079.6    415854059.2
HMV GROUP PLC      HMV5 EO        -218494079.6    415854059.2
HMV GROUP PLC      HMVGBP EO      -218494079.6    415854059.2
HMV GROUP PLC      HMVMF US       -218494079.6    415854059.2
HMV GROUP PLC      HMVUSD EO      -218494079.6    415854059.2
HMV GROUP PLC      HMV6 EO        -218494079.6    415854059.2
HMV GROUP PLC      HMV4 EO        -218494079.6    415854059.2
HMV GROUP PLC      HMV8 EO        -218494079.6    415854059.2
HMV GROUP PLC      HMV10 EO       -218494079.6    415854059.2
HOEGH AUTOLINERS   4288645Z NO     -79685780.8     1940832344
HOGG ROBINSON GR   HRG11 EO       -31233189.25    701856693.1
HOGG ROBINSON GR   HRG S1         -31233189.25    701856693.1
HOGG ROBINSON GR   HRG PZ         -31233189.25    701856693.1
HOGG ROBINSON GR   HRG8 EO        -31233189.25    701856693.1
HOGG ROBINSON GR   HRG6 EO        -31233189.25    701856693.1
HOGG ROBINSON GR   HRG2 EO        -31233189.25    701856693.1
HOGG ROBINSON GR   HRG IX         -31233189.25    701856693.1
HOGG ROBINSON GR   HRG EU         -31233189.25    701856693.1
HOGG ROBINSON GR   HRGEUR EO      -31233189.25    701856693.1
HOGG ROBINSON GR   HRG7 EO        -31233189.25    701856693.1
HOGG ROBINSON GR   HRG9 EO        -31233189.25    701856693.1
HOGG ROBINSON GR   HRGL L3        -31233189.25    701856693.1
HOGG ROBINSON GR   HRG5 EO        -31233189.25    701856693.1
HOGG ROBINSON GR   HRG4 EO        -31233189.25    701856693.1
HOGG ROBINSON GR   HRG3 EO        -31233189.25    701856693.1
HOGG ROBINSON GR   HOGGF US       -31233189.25    701856693.1
HOGG ROBINSON GR   HRGEUR EU      -31233189.25    701856693.1
HOGG ROBINSON GR   HRG10 EO       -31233189.25    701856693.1
HOGG ROBINSON GR   HRGGBP EO      -31233189.25    701856693.1
HOGG ROBINSON GR   HRGL S2        -31233189.25    701856693.1
HOGG ROBINSON GR   HRG EO         -31233189.25    701856693.1
HOGG ROBINSON GR   DQX GR         -31233189.25    701856693.1
HOGG ROBINSON GR   HRG LN         -31233189.25    701856693.1
HOGG ROBINSON GR   HRG VX         -31233189.25    701856693.1
HOGG ROBINSON GR   HRGL B3        -31233189.25    701856693.1
HOLCIM ARIDOS SL   4371033Z SM    -11196144.03    158669280.5
HOLDINGSELSKABET   BODIL DC       -11320362.36      176234024
HOLDINGSELSKABET   BOHC IX        -11320362.36      176234024
HOMEFIELD PVT UK   4501835Z LN    -137159188.5    565018471.7
HOOGE RAEDT GROE   4173317Z NA    -2184.103504    215791305.5
HOSPITAL DE FARO   3789880Z PL    -39940408.05    525339055.1
HOSPITAL DO DIVI   3789932Z PL      -185292405    172409324.6
HOTEL CORP PLC     HCP PO         -234301624.4    370818125.8
HOTEL CORP PLC     HCP PZ         -234301624.4    370818125.8
HOTEL CORP PLC     HHA GR         -234301624.4    370818125.8
HOTEL CORP PLC     HCP LN         -234301624.4    370818125.8
HOTEL CORP PLC     HCP EU         -234301624.4    370818125.8
HOTEL CORP PLC     HHA TH         -234301624.4    370818125.8
HOTEL CORP PLC     HCPEUR EO      -234301624.4    370818125.8
HOTEL CORP PLC     HCP EO         -234301624.4    370818125.8
HOTEL CORP PLC     HCP PG         -234301624.4    370818125.8
HOTEL CORP PLC/T   HCPL B3        -234301624.4    370818125.8
HOTEL CORP PLC/T   HCPL L3        -234301624.4    370818125.8
HOTEL CORP PLC/T   HCPL S2        -234301624.4    370818125.8
HOTEL CORP-RFD     HCPA LN        -234301624.4    370818125.8
HUISVUILCENTRALE   4777713Z NA    -89739.60018     1385912033
HUNE PLATAFORMAS   4284309Z SM    -34729091.55    417373379.8
HUNGARIAN TELEPH   HUGC IX           -73723992      827192000
HUNGARIAN TELEPH   HUC EX            -73723992      827192000
HUTCHISON 3G UK    265923Z LN      -2558478023    10215382954
HYDREX HOLDINGS    4156949Z LN    -150851800.9    145586068.7
HZIAM OAO          HZAM UZ          -541299968      170562496
I VIAGGI DEL VEN   VVE TQ         -209432168.7      202700610
I VIAGGI DEL VEN   IV7 GR         -209432168.7      202700610
I VIAGGI DEL VEN   VVE IM         -209432168.7      202700610
I VIAGGI DEL VEN   VVE IX         -209432168.7      202700610
I VIAGGI DEL VEN   IVGIF US       -209432168.7      202700610
I VIAGGI DEL VEN   VVE PZ         -209432168.7      202700610
I VIAGGI DEL VEN   VVE EU         -209432168.7      202700610
I VIAGGI DEL VEN   VVE EO         -209432168.7      202700610
I VIAGGI-RTS       VVEAA IM       -209432168.7      202700610
ICA NORGE AS       4511499Z NO    -10597581.14    609028093.3
IDEAL STANDARD I   0288212Z LX     -1224021795     1698321891
IDEAL STANDARD I   4492755Z BB    -676586892.7     1579994753
IG GROUP LTD       IGI LN          -1338038148    453218507.9
IG GROUP PLC       IGGPF US        -1338038148    453218507.9
IG GROUP-ASSD      IGIA LN         -1338038148    453218507.9
IKON OFFICE SOLU   ERHI LN        -5243199.076    130041029.9
INCISIVE MED-ASD   INMA LN        -86381452.08    110502446.1
INCISIVE MEDIA     4030Z LN       -86381452.08    110502446.1
INCISIVE MEDIA     INM PO         -86381452.08    110502446.1
INCISIVE MEDIA     2290657Q LN    -86381452.08    110502446.1
INCISIVE MEDIA     2290661Q PZ    -86381452.08    110502446.1
INCISIVE MEDIA     2292912Q VX    -86381452.08    110502446.1
INCISIVE MEDIA     997071Q GR     -86381452.08    110502446.1
INCISIVE MEDIA     INM IX         -86381452.08    110502446.1
INDUSTRIBO-B       FRMHB DC       -49485067.68    159639319.3
INDUSTRIBO-B       INBOB DC       -49485067.68    159639319.3
INDUSTRIE FINCUO   4270053Z IM    -15676157.12    111118283.9
INFRAESTRUCTURAS   3639039Z SM    -14511951.75    257249100.4
INFRASERV GMBH &   3999Z GR       -1643026.503     1298455493
INFRATEK ENTREPR   4402489Z NO    -8851664.805    122555001.7
ING LEASE FRANCE   4699881Z FP    -40970505.14    342324424.9
ING RE DORTMUND/   3819456Z NA    -89466987.51      138523135
ING REIM DEVELOP   3811140Z NA    -224924377.7      373174398
INTEGRALIS AG      AAGN PZ        -7312306.971    180437345.1
INTEGRALIS AG      AAGN TH        -7312306.971    180437345.1
INTEGRALIS AG      ACIRF US       -7312306.971    180437345.1
INTEGRALIS AG      AAGN IX        -7312306.971    180437345.1
INTEGRALIS-NEW     AAGM GR        -7312306.971    180437345.1
INTEGRALIS-NEW     AAGM EO        -7312306.971    180437345.1
INTEGRALIS-NEW     AAGM EU        -7312306.971    180437345.1
INTELSAT GLOBAL    0440101D US      -782483008    16716809216
INTELSAT SA        I US             -782483008    16716809216
INTELSAT SA        IJSA GR          -782483008    16716809216
INTERCONTIN-ADR    IC1C GR           -89000000     3047000064
INTERCONTIN-ADR    IHGA LN           -89000000     3047000064
INTERCONTIN-ADR    IHG US            -89000000     3047000064
INTERCONTIN-ADR    IHG-W US          -89000000     3047000064
INTERCONTIN-ADR    IC1E GR           -89000000     3047000064
INTERCONTINENTAL   IHGL L3           -89000000     3047000064
INTERCONTINENTAL   IHG7 EO           -89000000     3047000064
INTERCONTINENTAL   IHGOF US          -89000000     3047000064
INTERCONTINENTAL   IHG S1            -89000000     3047000064
INTERCONTINENTAL   IHGPEN EO         -89000000     3047000064
INTERCONTINENTAL   IHG TQ            -89000000     3047000064
INTERCONTINENTAL   IHG PZ            -89000000     3047000064
INTERCONTINENTAL   IHG11 EO          -89000000     3047000064
INTERCONTINENTAL   IHG EB            -89000000     3047000064
INTERCONTINENTAL   IHGUSD EO         -89000000     3047000064
INTERCONTINENTAL   IHG EO            -89000000     3047000064
INTERCONTINENTAL   IHG5 EO           -89000000     3047000064
INTERCONTINENTAL   IC1B GR           -89000000     3047000064
INTERCONTINENTAL   IHG QM            -89000000     3047000064
INTERCONTINENTAL   IHG8 EO           -89000000     3047000064
INTERCONTINENTAL   IHG VX            -89000000     3047000064
INTERCONTINENTAL   IC1A GK           -89000000     3047000064
INTERCONTINENTAL   IC1 GR            -89000000     3047000064
INTERCONTINENTAL   IHG PO            -89000000     3047000064
INTERCONTINENTAL   IHGL S2           -89000000     3047000064
INTERCONTINENTAL   IHG QX            -89000000     3047000064
INTERCONTINENTAL   IHG10 EO          -89000000     3047000064
INTERCONTINENTAL   IHGCHF EO         -89000000     3047000064
INTERCONTINENTAL   IHG6 EO           -89000000     3047000064
INTERCONTINENTAL   0615615D GR       -89000000     3047000064
INTERCONTINENTAL   ICHGD US          -89000000     3047000064
INTERCONTINENTAL   IHGGBP EO         -89000000     3047000064
INTERCONTINENTAL   IHGCHF EU         -89000000     3047000064
INTERCONTINENTAL   IHG EU            -89000000     3047000064
INTERCONTINENTAL   IHG2 EO           -89000000     3047000064
INTERCONTINENTAL   INCNF US          -89000000     3047000064
INTERCONTINENTAL   IHG NR            -89000000     3047000064
INTERCONTINENTAL   IHG3 EO           -89000000     3047000064
INTERCONTINENTAL   IC1A GR           -89000000     3047000064
INTERCONTINENTAL   IHGL B3           -89000000     3047000064
INTERCONTINENTAL   IHGUSD EU         -89000000     3047000064
INTERCONTINENTAL   IHGEUR EU         -89000000     3047000064
INTERCONTINENTAL   IHG4 EO           -89000000     3047000064
INTERCONTINENTAL   IHG NQ            -89000000     3047000064
INTERCONTINENTAL   IHG IX            -89000000     3047000064
INTERCONTINENTAL   IHG9 EO           -89000000     3047000064
INTERCONTINENTAL   IHGPEN EU         -89000000     3047000064
INTERCONTINENTAL   ICHGF US          -89000000     3047000064
INTERCONTINENTAL   0616112D NR       -89000000     3047000064
INTERCONTINENTAL   IHG BQ            -89000000     3047000064
INTERCONTINENTAL   IHG LN            -89000000     3047000064
INTERCONTINENTAL   988082Q GR        -89000000     3047000064
INTERCONTINENTAL   IHGEUR EO         -89000000     3047000064
INTERCONTINENTAL   IC1D GR           -89000000     3047000064
INTU METROCENTRE   1203663Z LN    -177523497.7      231888247
INVITEL HOLD-ADR   0IN GR            -73723992      827192000
INVITEL HOLD-ADR   INVHY US          -73723992      827192000
INVITEL HOLD-ADR   IHO US            -73723992      827192000
INVITEL HOLDINGS   3212873Z HB       -73723992      827192000
IRANIAN OIL CO U   1380570Z LN    -202472920.8    279941193.8
IRISH NATIONWIDE   1020Z ID       -24459779.01    16215363311
IRUS ZWEIBRUCKEN   3738979Z BB    -241717.0423    109895201.2
ISTRABENZ          ITBG EO        -72101031.26    270907162.5
ISTRABENZ          ITBGT S2       -72101031.26    270907162.5
ISTRABENZ          ITBGT B3       -72101031.26    270907162.5
ISTRABENZ          ITBG SV        -72101031.26    270907162.5
ISTRABENZ          ITBG EU        -72101031.26    270907162.5
ISTRABENZ          ITBG PZ        -72101031.26    270907162.5
ISTRABENZ          ITBGT L3       -72101031.26    270907162.5
ITM REGION PARIS   4681817Z FP    -49661385.76    124319348.6
IZHAVTO OAO        IZAV RU        -94100838.46    443610350.5
JACOBS UK HOLDIN   3638823Z LN    -21104249.79    705658066.8
JAMES HARDIE -CD   JHXCD AU         -199000000     2106499968
JAMES HARDIE IND   HAH NZ           -199000000     2106499968
JAMES HARDIE IND   726824Z NA       -199000000     2106499968
JAMES HARDIE IND   600241Q GR       -199000000     2106499968
JAMES HARDIE IND   HAH AU           -199000000     2106499968
JAMES HARDIE NV    JHXCC AU         -199000000     2106499968
JAMES HARDIE-ADR   JHX SP           -199000000     2106499968
JAMES HARDIE-ADR   JHX US           -199000000     2106499968
JAMES HARDIE-ADR   JHINY US         -199000000     2106499968
JAMES HARDIE-CDI   JHX AU           -199000000     2106499968
JAMES HARDIE-CDI   JHXEUR EO        -199000000     2106499968
JAMES HARDIE-CDI   JHIUF US         -199000000     2106499968
JAMES HARDIE-CDI   JHXEUR EU        -199000000     2106499968
JAMES HARDIE-CDI   JHA GR           -199000000     2106499968
JAMES HARDIE-CDI   JHA TH           -199000000     2106499968
JARVIS PLC         JRVS9 EO       -64738078.31    130947476.6
JARVIS PLC         JRVS6 EO       -64738078.31    130947476.6
JARVIS PLC         JRVS IX        -64738078.31    130947476.6
JARVIS PLC         JRVS7 EO       -64738078.31    130947476.6
JARVIS PLC         JRVS4 EO       -64738078.31    130947476.6
JARVIS PLC         JRVS EO        -64738078.31    130947476.6
JARVIS PLC         JRVS2 EO       -64738078.31    130947476.6
JARVIS PLC         JRVSGBP EO     -64738078.31    130947476.6
JARVIS PLC         JRVS PZ        -64738078.31    130947476.6
JARVIS PLC         JRVSEUR EO     -64738078.31    130947476.6
JARVIS PLC         JRVS5 EO       -64738078.31    130947476.6
JARVIS PLC         JRVS3 EO       -64738078.31    130947476.6
JARVIS PLC         JVR GR         -64738078.31    130947476.6
JARVIS PLC         JRVS LN        -64738078.31    130947476.6
JARVIS PLC         JRVS1 EO       -64738078.31    130947476.6
JARVIS PLC         JRV EO         -64738078.31    130947476.6
JARVIS PLC         JRVS PO        -64738078.31    130947476.6
JARVIS PLC         JRVS8 EO       -64738078.31    130947476.6
JARVIS PLC         JRVS VX        -64738078.31    130947476.6
JARVIS PLC         JRVSEUR EU     -64738078.31    130947476.6
JARVIS PLC         JRVS EU        -64738078.31    130947476.6
JARVIS PLC         JVSPF US       -64738078.31    130947476.6
JDR ENTERPRISES    3947788Z LN    -49810965.18    161039428.7
JESSOPS PLC        JS4 GR         -42703065.53    112966830.6
JESSOPS PLC        JSP PO         -42703065.53    112966830.6
JESSOPS PLC        JSP LN         -42703065.53    112966830.6
JESSOPS PLC        JSP EU         -42703065.53    112966830.6
JESSOPS PLC        JSP PZ         -42703065.53    112966830.6
JESSOPS PLC        JSP IX         -42703065.53    112966830.6
JESSOPS PLC        JSP EO         -42703065.53    112966830.6
JESSOPS PLC        JSPGBP EO      -42703065.53    112966830.6
JESSOPS PLC        JSPEUR EU      -42703065.53    112966830.6
JESSOPS PLC        JSP VX         -42703065.53    112966830.6
JESSOPS PLC        JSPEUR EO      -42703065.53    112966830.6
JEUDAN III A/S     3986972Z DC    -80338193.89    277838976.7
JP MCDOUGALL & C   1293298Z LN    -59332025.51    108780794.1
JPMORGAN CAZENOV   1076890Z LN    -3273441.597    147502007.3
JULIE LH BVBA      3739923Z BB    -65462971.58    119397670.6
JVC EUROPE LTD     2667041Z LN    -2824796.147    131998340.5
KABEL DEUT-ASST    KD8V GR         -2342985645     3448036454
KABEL DEUTS-CW10   DB7KWG GR       -2342985645     3448036454
KABEL DEUTSC-ADR   KBDHY US        -2342985645     3448036454
KABEL DEUTSC-NEW   KD8VEUR EO      -2342985645     3448036454
KABEL DEUTSC-NEW   KD8VEUR EU      -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 QM          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 NR          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 BQ          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 PZ          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 QX          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 EB          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8D B3         -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 TQ          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 SW          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 GR          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 TH          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 IX          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 EO          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8USD EO       -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 S1          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8 EU          -2342985645     3448036454
KABEL DEUTSCHLAN   KD8GBP EO       -2342985645     3448036454
KABEL DEUTSCHLAN   KD8USD EU       -2342985645     3448036454
KABEL DEUTSCHLAN   KD8D S2         -2342985645     3448036454
KABEL DEUTSCHLAN   KD8D L3         -2342985645     3448036454
KABEL DEUTSCHLAN   KBDHF US        -2342985645     3448036454
KARENI BV          3140496Z NA    -22200.29082    127062363.4
KAUFRING AG        KFR EO         -19296489.56    150995473.8
KAUFRING AG        KFR EU         -19296489.56    150995473.8
KAUFRING AG        KAUG IX        -19296489.56    150995473.8
KAUFRING AG        KFR GR         -19296489.56    150995473.8
KAUFRING AG        KFR PZ         -19296489.56    150995473.8
KCA DEUTAG DRILL   2173132Z LN    -40951514.04    214072287.9
KEREVITAS GIDA     KERVT TI       -13266347.68    177912535.2
KEREVITAS GIDA     KVTGF US       -13266347.68    177912535.2
KERLING PLC        3537299Z LN    -110412955.5     2082150198
KESA ELECTRI-ADR   KESAY US       -438442925.5     1678340661
KESA ELECTRICALS   KESA LN        -438442925.5     1678340661
KESA ELECTRICALS   KESAEUR EU     -438442925.5     1678340661
KESA ELECTRICALS   KES EO         -438442925.5     1678340661
KESA ELECTRICALS   KESA PO        -438442925.5     1678340661
KESA ELECTRICALS   KESA EU        -438442925.5     1678340661
KESA ELECTRICALS   KESAUSD EU     -438442925.5     1678340661
KESA ELECTRICALS   KESA VX        -438442925.5     1678340661
KESA ELECTRICALS   KESAI IX       -438442925.5     1678340661
KESA ELECTRICALS   KESAEUR EO     -438442925.5     1678340661
KESA ELECTRICALS   KESAUSD EO     -438442925.5     1678340661
KESA ELECTRICALS   KESA PZ        -438442925.5     1678340661
KESA ELECTRICALS   KESAGBP EO     -438442925.5     1678340661
KESTREL HOLDINGS   4499515Z LN    -256353316.2    592639967.4
KILMARTIN HOLDIN   3589161Z LN    -32468603.82    576745598.9
KIMBERLY - CLARK   1298434Z LN    -97807698.98    891995975.8
KIROV TIRE PLANT   KIRT$ RU       -17984240.01    104831160.6
KLEENEZE PLC       KLZ LN         -14328734.27    110864074.5
KME FRANCE SAS     4714545Z FP    -16294335.93    135361629.3
KONINKLIJKE BOON   4173173Z NA    -22200.29082    129620421.6
KONINKLIJKE HASK   4037221Z NA    -69259.20141    230145390.9
KONINKLIJKE JOH    4041093Z NA    -294192.0009    113260032.3
KRONOS EUROPE SA   3643983Z BB    -6946196.597    143876670.7
KROSNO             KRS1EUR EU     -2241576.868    111836250.4
KROSNO             KRS PW         -2241576.868    111836250.4
KROSNO             KRS LI         -2241576.868    111836250.4
KROSNO             KRS1EUR EO     -2241576.868    111836250.4
KROSNO             KROS IX        -2241576.868    111836250.4
KROSNO SA          KROSNO PW      -2241576.868    111836250.4
KROSNO SA          KRNFF US       -2241576.868    111836250.4
KROSNO SA          KRS1 EU        -2241576.868    111836250.4
KROSNO SA          KRS1 EO        -2241576.868    111836250.4
KROSNO SA          KRS PZ         -2241576.868    111836250.4
KROSNO SA-RTS      KRSP PW        -2241576.868    111836250.4
KROSNO-PDA-ALLT    KRSA PW        -2241576.868    111836250.4
KRUINENBORGH BEH   4377225Z NA    -614989.4228    234051736.9
KUIPER GROEP BV    3821988Z NA    -3688.420875    101931401.5
KUZNETSOV-BRD      MTST* RU       -1447901.309    550023663.4
KUZNETSOV-BRD      MTSTP* RU      -1447901.309    550023663.4
KUZNETSOV-BRD      MTST RU        -1447901.309    550023663.4
KUZNETSOV-BRD      MTSTP RU       -1447901.309    550023663.4
LA GIOVANNI-RTS    CREAXA IM      -31539726.86    283701481.7
LA HALLE SA        4681697Z FP    -9779394.712    506881489.8
LA SEDA DE B-RTS   SED/B SM         -716967355      694658120
LA SEDA DE BA-RT   1015153Q SM      -716967355      694658120
LA SEDA DE BARCE   3687081Q SM      -716967355      694658120
LA SEDA DE BARCE   SEDE L3          -716967355      694658120
LA SEDA DE BARCE   SEDE B3          -716967355      694658120
LA SEDA DE BARCE   0543025D SM      -716967355      694658120
LA SEDA DE BARCE   SEDE S2          -716967355      694658120
LA SEDA DE BARCE   SED/D SM         -716967355      694658120
LAB DOLISOS        DOLI FP        -27753198.79    110489533.6
LAB DOLISOS        LADL FP        -27753198.79    110489533.6
LABORDE GESTION    4518583Z FP    -7674864.492    146438008.6
LAMBRAKIS PR -RT   DOLD GA        -96141268.95    196197413.3
LAMBRAKIS PRESS    DOL PZ         -96141268.95    196197413.3
LAMBRAKIS PRESS    DOL GA         -96141268.95    196197413.3
LAMBRAKIS PRESS    LMBKF US       -96141268.95    196197413.3
LAMBRAKIS PRESS    DOL EO         -96141268.95    196197413.3
LAMBRAKIS PRESS    DOLR GA        -96141268.95    196197413.3
LAMBRAKIS PRESS    LA3 GR         -96141268.95    196197413.3
LAMBRAKIS PRESS    DOL EU         -96141268.95    196197413.3
LAMBRAKIS PRESS    LA3A GR        -96141268.95    196197413.3
LAMBRAKIS R-R      DOLV10 GA      -96141268.95    196197413.3
LAMBRAKIS REPO     DOLL10 GA      -96141268.95    196197413.3
LAMBRAKIS-AUC      DOLE GA        -96141268.95    196197413.3
LANCASTER INVEST   1575538Z LN    -87465972.36    102198480.6
LANCELOT LAND BV   4044589Z NA     -97554863.6    159989870.7
LAND VAN HOP NV    3727898Z BB    -4232246.124    117433048.7
LAPSENT LTD        203678Z LN     -52500640.36    290374473.6
LAST MINUTE NETW   1180895Z LN    -783648895.1    392455442.7
LASTAS A/S-A       0122306D DC    -49485067.68    159639319.3
LASTAS A/S-B SHS   LASTB EU       -49485067.68    159639319.3
LASTAS A/S-B SHS   LASTB BY       -49485067.68    159639319.3
LASTAS A/S-B SHS   LAST/B PZ      -49485067.68    159639319.3
LASTAS A/S-B SHS   LASTB DC       -49485067.68    159639319.3
LASTAS A/S-B SHS   LASTB EO       -49485067.68    159639319.3
LASTAS A/S-B SHS   INBO IX        -49485067.68    159639319.3
LASTAS A/S-B SHS   LASTBEUR EO    -49485067.68    159639319.3
LASTAS A/S-B SHS   LASTBEUR EU    -49485067.68    159639319.3
LATIMER GROUP LT   4089809Z LN    -879564577.7    791552405.4
LAVIPHARM S.A.     LAVIY S2       -20633860.36    148970845.9
LAVIPHARM S.A.     LAVIY B3       -20633860.36    148970845.9
LAVIPHARM S.A.     LAVIY L3       -20633860.36    148970845.9
LAVIPHARM SA       LAVI EO        -20633860.36    148970845.9
LAVIPHARM SA       BXA GR         -20633860.36    148970845.9
LAVIPHARM SA       LVIXF US       -20633860.36    148970845.9
LAVIPHARM SA       LVP GR         -20633860.36    148970845.9
LAVIPHARM SA       LAVI GA        -20633860.36    148970845.9
LAVIPHARM SA       LAVI PZ        -20633860.36    148970845.9
LAVIPHARM SA       LAVI EU        -20633860.36    148970845.9
LAVIPHARM SA-RTS   LAVIR GA       -20633860.36    148970845.9
LAVIPHARM SA-RTS   LAVID GA       -20633860.36    148970845.9
LAVIPHARM-AUC      LAVIE GA       -20633860.36    148970845.9
LEEDS SPORTING     LEDPF US        -73166148.8    143762193.7
LEEDS SPORTING     LES LN          -73166148.8    143762193.7
LEEDS UNITED PLC   LDSUF US        -73166148.8    143762193.7
LEEDS UNITED PLC   LUFC LN         -73166148.8    143762193.7
LEEDS UNITED PLC   889687Q GR      -73166148.8    143762193.7
LENOVO BELGIUM S   3740171Z BB    -104525176.2     1113548956
LIBERTY GL EU-A    UPC NA          -5505478850     5112616630
LIBRA GROUP PLC    LHGCYP EU      -39648682.41    209021322.6
LIBRA GROUP PLC    LHG EU         -39648682.41    209021322.6
LIBRA GROUP PLC    LHG CY         -39648682.41    209021322.6
LIBRA GROUP PLC    LHG EO         -39648682.41    209021322.6
LIBRA GROUP PLC    LHGCYP EO      -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
LIBRO AG           LIB AV         -110486313.8      174004185
LIBRO AG           LIBR AV        -110486313.8      174004185
LIBRO AG           LB6 GR         -110486313.8      174004185
LIBRO AG           LBROF US       -110486313.8      174004185
LINO MANAGEMENT    3774416Z NA    -394579184.5    685321652.6
LIONCOVER INSURA   1120431Z LN    -221634.5078    741448932.8
LIVERPOOL FOOTBA   1273434Z LN    -67663901.97    349487574.1
LKAB NORGE AS      4401353Z NO    -460925.3937    430135628.2
LLOYDS BANK EQUI   1214495Z LN    -661502.0787    334567903.1
LLOYDS BANK EQUI   1238423Z LN    -1919497.182    270431461.4
LLOYDS BANK FINA   1427642Z LN    -29419134.35     7131680126
LOEWE AG           LOEK GR        -2861100.078    140584053.8
LOEWE AG           LOE TQ         -2861100.078    140584053.8
LOEWE AG           LOE TH         -2861100.078    140584053.8
LOEWE AG           LOE GR         -2861100.078    140584053.8
LOEWE AG           LOEG IX        -2861100.078    140584053.8
LOEWE AG           LOE S1         -2861100.078    140584053.8
LOEWE AG           LOEEF US       -2861100.078    140584053.8
LOEWE AG           LOEK BQ        -2861100.078    140584053.8
LOEWE AG           LOEK TQ        -2861100.078    140584053.8
LOEWE AG           LOE EO         -2861100.078    140584053.8
LOEWE AG           LOE EU         -2861100.078    140584053.8
LOEWE AG           LOE PZ         -2861100.078    140584053.8
LOEWE AG           LOE BQ         -2861100.078    140584053.8
LOFTUS ROAD PLC    LFURF US       -193935862.6    120047585.7
LOMBARD CORPORAT   1162975Z LN    -7309362.404    198951662.4
LONDON TOWN PLC    LOU GR         -21897636.36    175672299.2
LONDON TOWN PLC    LTW PZ         -21897636.36    175672299.2
LONDON TOWN PLC    LTW IX         -21897636.36    175672299.2
LONDON TOWN PLC    LTW PG         -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    LTW PO         -21897636.36    175672299.2
LONDON TOWN PLC    LTWR LN        -21897636.36    175672299.2
LONDON TOWN PLC    LTW LN         -21897636.36    175672299.2
LONDON TOWN PLC    LTWX LN        -21897636.36    175672299.2
LTR FINANCE NO 8   3816616Z ID    -5725709.873    192004847.4
LUGANSKOBLENERGO   LOEN UZ        -15333824.91    193193520.1
LUNDBECK SAS       4690609Z FP    -22481947.35    112816360.1
M 2003 PLC         203055Q LN      -2203513803     7204891602
M 2003 PLC         MTWOF US        -2203513803     7204891602
M 2003 PLC-ADR     MTWOE US        -2203513803     7204891602
M 2003 PLC-ADR     MTWOY US        -2203513803     7204891602
M-INDUSTRIYA       SOMI RU        -1939922.304    224642713.4
MAGMA DD           MGMARHRK EU     -14866764.5    104029160.5
MAGMA DD           MGMARHRK EO     -14866764.5    104029160.5
MAGMA DD           MGMARA CZ       -14866764.5    104029160.5
MAGNETI MARELLI    3643903Z SM    -249160.3447    256260168.7
MAGNETI MARELLI    4470247Z FP    -6937148.231    258493334.7
MAGYAR TELECOM B   363945Z HB     -143800696.4    397462304.9
MAILLIS            MLISF US       -108664218.5    343500549.5
MAILLIS -RTS       MAIKR GA       -108664218.5    343500549.5
MAILLIS-SPON ADR   MJMSY US       -108664218.5    343500549.5
MAINAU FUNDING L   4460161Z ID    -210886395.2     1273830985
MAKRO CASH & CAR   4281845Z PL    -5353005.422    208082462.7
MAKRO SELF SERVI   1373618Z LN    -60067907.22    319992553.1
MAN LAST OG BUSS   4521719Z NO    -670202.3737    175532977.5
MAN VEHICULOS IN   3634127Z SM    -6234511.698    332429019.1
MANIA TECHNOLOGI   MNI NM         -35060806.41    107465704.6
MANIA TECHNOLOGI   MNI S1         -35060806.41    107465704.6
MANIA TECHNOLOGI   MIAVF US       -35060806.41    107465704.6
MANIA TECHNOLOGI   MNI1 EO        -35060806.41    107465704.6
MANIA TECHNOLOGI   MNI TH         -35060806.41    107465704.6
MANIA TECHNOLOGI   MNI GR         -35060806.41    107465704.6
MANIA TECHNOLOGI   2260970Z GR    -35060806.41    107465704.6
MANIA TECHNOLOGI   MNI1 EU        -35060806.41    107465704.6
MANIA TECHNOLOGI   MNI PZ         -35060806.41    107465704.6
MANIA TECHNOLOGI   MNIG IX        -35060806.41    107465704.6
MAPELEY STEPS CO   1914846Z LN    -43332031.44    121423566.8
MARCONI PLC        MRCQF US        -2203513803     7204891602
MARCONI PLC        MONI BB         -2203513803     7204891602
MARCONI PLC        MY2 GR          -2203513803     7204891602
MARCONI PLC        MNI LN          -2203513803     7204891602
MARCONI PLC        203083Q VX      -2203513803     7204891602
MARCONI PLC        MNI BB          -2203513803     7204891602
MARCONI PLC-ADR    MCBA GR         -2203513803     7204891602
MARCONI PLC-ADR    MY2A GR         -2203513803     7204891602
MARCONI PLC-ADR    MONIE 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    MRCQY US        -2203513803     7204891602
MARINE SUBSEA AS   MSAS NO          -280249984      357512992
MARINOTEIS-SOCIE   4753761Z PL    -14953194.76    133756219.5
MARITIME CO -RTS   2749585Q GA    -106982273.2    179470608.3
MARITIME CO LESB   NELD GA        -106982273.2    179470608.3
MARITIME CO LESB   MEKD CH        -106982273.2    179470608.3
MARITIME CO LESV   NEL EO         -106982273.2    179470608.3
MARITIME CO LESV   MCV GR         -106982273.2    179470608.3
MARITIME CO LESV   NEL GA         -106982273.2    179470608.3
MARITIME CO LESV   NEL EU         -106982273.2    179470608.3
MARITIME CO LESV   MTMLF US       -106982273.2    179470608.3
MARITIME CO LESV   NEL PZ         -106982273.2    179470608.3
MARITIME CO-RTS    5078509Q GA    -106982273.2    179470608.3
MARITIME COM-RTS   NELR GA        -106982273.2    179470608.3
MARITIME COMPANY   NELY B3        -106982273.2    179470608.3
MARITIME COMPANY   NELY L3        -106982273.2    179470608.3
MARITIME COMPANY   NELE GA        -106982273.2    179470608.3
MARITIME COMPANY   NELY S2        -106982273.2    179470608.3
MARITIME LESV-RT   NELBR GA       -106982273.2    179470608.3
MARTINSA FADESA    4PU GR          -5913566026     3756927517
MARTINSA FADESA    MTF1 LI         -5913566026     3756927517
MARTINSA FADESA    MTF EO          -5913566026     3756927517
MARTINSA FADESA    MTF EU          -5913566026     3756927517
MARTINSA FADESA    MTF SM          -5913566026     3756927517
MARTINSA FADESA    MFAD PZ         -5913566026     3756927517
MARTINSA-FADESA    MTF NR          -5913566026     3756927517
MATERNUS KLINI-N   MAK1 GR        -44477800.05    168038275.8
MATERNUS-KLINIKE   MNUKF US       -44477800.05    168038275.8
MATERNUS-KLINIKE   MAK GR         -44477800.05    168038275.8
MATERNUS-KLINIKE   MAKD S2        -44477800.05    168038275.8
MATERNUS-KLINIKE   MAK PZ         -44477800.05    168038275.8
MATERNUS-KLINIKE   MAKG IX        -44477800.05    168038275.8
MATERNUS-KLINIKE   MAK S1         -44477800.05    168038275.8
MATERNUS-KLINIKE   MAK TH         -44477800.05    168038275.8
MATERNUS-KLINIKE   MAK EU         -44477800.05    168038275.8
MATERNUS-KLINIKE   MAKD L3        -44477800.05    168038275.8
MATERNUS-KLINIKE   MAK EO         -44477800.05    168038275.8
MATERNUS-KLINIKE   MAKD B3        -44477800.05    168038275.8
MATUSSIERE & FOR   MTUSF US       -77899559.39    293879179.1
MATUSSIERE & FOR   1007765Q FP    -77899559.39    293879179.1
MAYBOURNE HOTELS   1824362Z LN    -8957462.925    417749122.1
MCGRAW-HILL INTE   1275642Z LN    -397583.9996    122720927.9
MCINERNEY -RT FP   MCIF LN        -137972148.5    304108432.2
MCINERNEY -RT FP   MCIF ID        -137972148.5    304108432.2
MCINERNEY -RT NP   MCIN ID        -137972148.5    304108432.2
MCINERNEY -RT NP   MCIN LN        -137972148.5    304108432.2
MCINERNEY HLDGS    MCIGBX EU      -137972148.5    304108432.2
MCINERNEY HLDGS    MCI EU         -137972148.5    304108432.2
MCINERNEY HLDGS    MK9 PO         -137972148.5    304108432.2
MCINERNEY HLDGS    MCI ID         -137972148.5    304108432.2
MCINERNEY HLDGS    MCI LN         -137972148.5    304108432.2
MCINERNEY HLDGS    MK9 GR         -137972148.5    304108432.2
MCINERNEY HLDGS    MNEYF US       -137972148.5    304108432.2
MCINERNEY HLDGS    MCIGBP EO      -137972148.5    304108432.2
MCINERNEY HLDGS    MCII IX        -137972148.5    304108432.2
MCINERNEY HLDGS    MCI EO         -137972148.5    304108432.2
MCINERNEY HLDGS    MCIGBX EO      -137972148.5    304108432.2
MCINERNEY HLDGS    MK9C PZ        -137972148.5    304108432.2
MCINERNEY HLDGS    MCI PO         -137972148.5    304108432.2
MCINERNEY HLDGS    MCI IX         -137972148.5    304108432.2
MCINERNEY HLDGS    MCI VX         -137972148.5    304108432.2
MCINERNEY PROP-A   MCIYF US       -137972148.5    304108432.2
MCINERNEY PROP-A   MYP LN         -137972148.5    304108432.2
MCINERNEY PROP-A   MYP ID         -137972148.5    304108432.2
MCINERNEY-ADR      MNEYY US       -137972148.5    304108432.2
MEADOWHALL FINAN   3560793Z LN    -6035585.406     1318976857
MECHANGROEP BV     4501491Z NA    -154404.9003      124805349
MEDIAEDGE CIA UK   1912470Z LN    -12672443.58      247008178
MEDIMMUNE LTD      1596402Z LN    -753144808.1    392707180.7
MERIDIANA SPA      1163Z IM       -4509241.938    181803591.5
MERLIN PROPERTIE   MRL SM         -153310244.4     1466403680
MERLIN PROPERTIE   MRLE IX        -153310244.4     1466403680
MERLIN PROPERTIE   MRLE S1        -153310244.4     1466403680
MERLIN PROPERTIE   1008762D SM    -153310244.4     1466403680
MERLIN PROPERTIE   MRLEUR EO      -153310244.4     1466403680
MERLIN PROPERTIE   MRLEUR EU      -153310244.4     1466403680
MERLIN PROPERTIE   MEQA GR        -153310244.4     1466403680
MERLIN PROPERTIE   MRLE EB        -153310244.4     1466403680
MERLIN PROPERTIE   MEQ GR         -153310244.4     1466403680
METALLURGIC-BRD    METZ RU        -1136275.166    384654426.2
METALLURGIC-BRD    METZ* RU       -1136275.166    384654426.2
METALLURGIC-PFD    METZP RU       -1136275.166    384654426.2
METALLURGIC-PFD    METZP* RU      -1136275.166    384654426.2
METRO DO PORTO S   4473963Z PL     -1539365046     3027538897
METROPOLITANO DE   1009Z PL        -1208063687     6484900913
MICRO FOCUS INTE   MCROL B3          -16251000      605017024
MICRO FOCUS INTE   MCROL L3          -16251000      605017024
MICRO FOCUS INTE   MCROL S2          -16251000      605017024
MICRO FOCUS INTL   MCRO NR           -16251000      605017024
MICRO FOCUS INTL   MCRO3 EO          -16251000      605017024
MICRO FOCUS INTL   M7Q GK            -16251000      605017024
MICRO FOCUS INTL   MCRO EO           -16251000      605017024
MICRO FOCUS INTL   MCROEUR EU        -16251000      605017024
MICRO FOCUS INTL   MCRO2 EO          -16251000      605017024
MICRO FOCUS INTL   MCFUF US          -16251000      605017024
MICRO FOCUS INTL   MCRO5 EO          -16251000      605017024
MICRO FOCUS INTL   MCROEUR EO        -16251000      605017024
MICRO FOCUS INTL   MCRO8 EO          -16251000      605017024
MICRO FOCUS INTL   MCROUSD EU        -16251000      605017024
MICRO FOCUS INTL   MCRO6 EO          -16251000      605017024
MICRO FOCUS INTL   MCROUSD EO        -16251000      605017024
MICRO FOCUS INTL   MCRO VX           -16251000      605017024
MICRO FOCUS INTL   MCRO EB           -16251000      605017024
MICRO FOCUS INTL   MCRO S1           -16251000      605017024
MICRO FOCUS INTL   MCRO LN           -16251000      605017024
MICRO FOCUS INTL   MCRO QM           -16251000      605017024
MICRO FOCUS INTL   MCFUD US          -16251000      605017024
MICRO FOCUS INTL   MCROPEN EO        -16251000      605017024
MICRO FOCUS INTL   M7Q2 GR           -16251000      605017024
MICRO FOCUS INTL   MCRO PO           -16251000      605017024
MICRO FOCUS INTL   MCRO EU           -16251000      605017024
MICRO FOCUS INTL   M7Q1 GR           -16251000      605017024
MICRO FOCUS INTL   MCRO9 EO          -16251000      605017024
MICRO FOCUS INTL   MCRO QX           -16251000      605017024
MICRO FOCUS INTL   MCRO NQ           -16251000      605017024
MICRO FOCUS INTL   M7Q3 GR           -16251000      605017024
MICRO FOCUS INTL   MCRO TQ           -16251000      605017024
MICRO FOCUS INTL   MCROGBP EO        -16251000      605017024
MICRO FOCUS INTL   MCR2 EO           -16251000      605017024
MICRO FOCUS INTL   MCRO1 EO          -16251000      605017024
MICRO FOCUS INTL   MCRO4 EO          -16251000      605017024
MICRO FOCUS INTL   MCRO7 EO          -16251000      605017024
MICRO FOCUS INTL   MCROPEN EU        -16251000      605017024
MICRO FOCUS INTL   MCRO PZ           -16251000      605017024
MICRO FOCUS INTL   MCRO BQ           -16251000      605017024
MICRO FOCUS INTL   MCRO IX           -16251000      605017024
MICRO FOCUS INTL   M7Q GR            -16251000      605017024
MICRO FOCUS-ADR    MCFUY US          -16251000      605017024
MIDLAND EXPRESSW   583730Z LN     -228268314.5     1057402943
MIKRON-BRD         MKRO RU        -6366526.768    704144845.5
MIKRON-BRD         MKRO* RU       -6366526.768    704144845.5
MILLENNIUM STADI   1727672Z LN     -35927709.3    143590875.7
MILLER FREEMAN W   9595335Q LN    -152635588.1    197883920.7
MILLIMAGES         MILT FP         -1006036.19    113452793.4
MILLIMAGES         MLMG IX         -1006036.19    113452793.4
MILLIMAGES         8131905Q FP     -1006036.19    113452793.4
MILLIMAGES         MILI FP         -1006036.19    113452793.4
MILLIMAGES         MLIGF US        -1006036.19    113452793.4
MILLIMAGES         MIL S1          -1006036.19    113452793.4
MILLIMAGES         MIL1 EU         -1006036.19    113452793.4
MILLIMAGES         MILF PZ         -1006036.19    113452793.4
MILLIMAGES         MG6 GR          -1006036.19    113452793.4
MILLIMAGES         MIL1 PZ         -1006036.19    113452793.4
MILLIMAGES         MIL1 EO         -1006036.19    113452793.4
MILLIMAGES - RTS   0134468D FP     -1006036.19    113452793.4
MILLIMAGES -NREG   MILNR FP        -1006036.19    113452793.4
MILLIMAGES -NREG   MILNREUR EO     -1006036.19    113452793.4
MILLIMAGES -NREG   MILNREUR EU     -1006036.19    113452793.4
MILLIMAGES -REGR   MIL1EUR EO      -1006036.19    113452793.4
MILLIMAGES -REGR   MIL FP          -1006036.19    113452793.4
MILLIMAGES -REGR   MIL TQ          -1006036.19    113452793.4
MILLIMAGES -REGR   MIL1EUR EU      -1006036.19    113452793.4
MILLIMAGES -REGR   MIL EB          -1006036.19    113452793.4
MILLIMAGES -REGR   MIL IX          -1006036.19    113452793.4
MILLIMAGES NR -    MILNRP B3       -1006036.19    113452793.4
MILLIMAGES NR -    MILP B3         -1006036.19    113452793.4
MILLIMAGES NR -    MILNRP L3       -1006036.19    113452793.4
MILLIMAGES NR -    MILP S2         -1006036.19    113452793.4
MILLIMAGES NR -    MILNRP S2       -1006036.19    113452793.4
MILLIMAGES NR -    MILP L3         -1006036.19    113452793.4
MILLIMAGES-RTS     760037Q FP      -1006036.19    113452793.4
MILLIMAGES-RTS     MILDS FP        -1006036.19    113452793.4
MJ MAILLIS S.A.    MJL GR         -108664218.5    343500549.5
MJ MAILLIS S.A.    MAIK EU        -108664218.5    343500549.5
MJ MAILLIS S.A.    MAIKY B3       -108664218.5    343500549.5
MJ MAILLIS S.A.    MAIK GA        -108664218.5    343500549.5
MJ MAILLIS S.A.    MAIK EO        -108664218.5    343500549.5
MJ MAILLIS S.A.    MAIKY L3       -108664218.5    343500549.5
MJ MAILLIS S.A.    MAIKY S2       -108664218.5    343500549.5
MJ MAILLIS S.A.    MAIK PZ        -108664218.5    343500549.5
MOBILE TELESYSTE   4115696Z LX      -348018999    808519791.7
MONARCH HOLDINGS   4502027Z LN    -249731094.1    658980214.4
MONTE MARE GRADO   4359985Z IM    -535795.2118    100538343.7
MOSPROMSTROY-BRD   MPSM RU        -40317492.82    257095111.4
MOSPROMSTROY-BRD   MPSM* RU       -40317492.82    257095111.4
MOSPROMSTROY-PFD   MPSMP RU       -40317492.82    257095111.4
MOSPROMSTROY-PFD   MPSMP* RU      -40317492.82    257095111.4
MOTO HOSPITALITY   1344378Z LN      -139041358     1143143841
MOUCHEL GROUP PL   MCHL TQ        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL EO        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL NR        -62838511.24    491368809.7
MOUCHEL GROUP PL   MO6 GR         -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL EB        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL BQ        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL EU        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL PZ        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL VX        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL LN        -62838511.24    491368809.7
MOUCHEL GROUP PL   MOUCF US       -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL S1        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL NQ        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHLEUR EO     -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHLGBP EO     -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHLEUR EU     -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL QM        -62838511.24    491368809.7
MOUCHEL GROUP PL   MCHL IX        -62838511.24    491368809.7
MOUCHEL PARKMAN    MCHL PO        -62838511.24    491368809.7
MSREF ELBA BV      4043045Z NA    -87419.09909    568916342.9
MVCI HOLIDAYS FR   4524959Z FP      -108431736    225667433.5
MYRMIDON CMBS PR   3819292Z ID    -106451277.7    274185088.8
MYTRAVEL GROUP     MT/S PO          -379731744     1817560463
MYTRAVEL GROUP     MYTPF US         -379731744     1817560463
MYTRAVEL GROUP     MT/S VX          -379731744     1817560463
MYTRAVEL GROUP     MT/S LN          -379731744     1817560463
MYTRAVEL GROUP     3544280Q IX      -379731744     1817560463
MYTRAVEL GROUP     ARO2 GR          -379731744     1817560463
MYTRAVEL GROUP P   MYTGF US         -379731744     1817560463
MYTRAVEL GROUP P   MT/ LN           -379731744     1817560463
MYTRAVEL GROUP P   1018144Q GR      -379731744     1817560463
MYTRAVEL GROUP P   MT/ VX           -379731744     1817560463
MYTRAVEL GROUP-A   MYTVF US         -379731744     1817560463
MYTRAVEL GROUP-A   2281919Q GR      -379731744     1817560463
MYTRAVEL TOUR OP   1190295Z LN     -2772041051    706177528.1
NAFTOKHIMIK PRIC   NAFP UZ        -15122638.98    167861356.9
NAFTOKHIMIK-GDR    N3ZA GR        -15122638.98    167861356.9
NAOUSSA SPIN -RT   NAOYD GA       -163112562.6    286535432.7
NAOUSSA SPIN-AUC   NAOYKE GA      -163112562.6    286535432.7
NAOUSSA SPIN-RTS   NAOYKR GA      -163112562.6    286535432.7
NAOUSSA SPINNING   NML GR         -163112562.6    286535432.7
NATURGAS ENERGIA   4365797Z SM    -14710105.75      418158346
NCC CONSTRUCTION   4389745Z NO    -7109783.015    480936679.5
NCC ROADS AS       4401305Z NO    -15956764.57    169875159.1
NCR FRANCE SNC     4525407Z FP    -1685809.858    259305615.3
NCR LTD            3083521Z LN    -374259543.3    431632783.6
NDS GROUP HOLDIN   0112196D US      -720982016      649305984
NDS GROUP HOLDIN   NDSG US          -720982016      649305984
NERVACERO SA       4469951Z SM    -82189596.47    625780626.1
NESTLE UK LTD      1274562Z LN    -392617862.7     4269323540
NESTLE WATERS SU   3634887Z FP     -21571029.7    180359767.6
NEW LOOK RETAIL    2711544Z LN    -651436258.7     2033386885
NEW STAR ASSET     3226439Q EU    -397728016.9    292980082.9
NEW STAR ASSET     NSAM PO        -397728016.9    292980082.9
NEW STAR ASSET     NSAM IX        -397728016.9    292980082.9
NEW STAR ASSET     3226443Q EO    -397728016.9    292980082.9
NEW STAR ASSET     NSAM PZ        -397728016.9    292980082.9
NEW STAR ASSET     NSAA LN        -397728016.9    292980082.9
NEW STAR ASSET     3226447Q EO    -397728016.9    292980082.9
NEW STAR ASSET     NWSAF US       -397728016.9    292980082.9
NEW STAR ASSET     N6S GR         -397728016.9    292980082.9
NEW STAR ASSET     NSAM TQ        -397728016.9    292980082.9
NEW STAR ASSET     3226431Q EU    -397728016.9    292980082.9
NEW STAR ASSET     3226435Q EO    -397728016.9    292980082.9
NEW STAR ASSET M   NSAM LN        -397728016.9    292980082.9
NEW WORLD R-A SH   NWR NR         -422677842.5     1206255068
NEW WORLD R-A SH   NWR TQ         -422677842.5     1206255068
NEW WORLD R-A SH   NWR EO         -422677842.5     1206255068
NEW WORLD R-A SH   NWR BQ         -422677842.5     1206255068
NEW WORLD R-A SH   NWR EU         -422677842.5     1206255068
NEW WORLD R-A SH   NWR1 TQ        -422677842.5     1206255068
NEW WORLD R-A SH   NWR QM         -422677842.5     1206255068
NEW WORLD R-A SH   NWR S1         -422677842.5     1206255068
NEW WORLD R-A SH   NWRUK TQ       -422677842.5     1206255068
NEW WORLD R-A SH   NWR EB         -422677842.5     1206255068
NEW WORLD R-A SH   NWR IX         -422677842.5     1206255068
NEW WORLD R-A SH   NWR PW         -422677842.5     1206255068
NEW WORLD R-A SH   NWR CP         -422677842.5     1206255068
NEW WORLD R-A SH   NWR PZ         -422677842.5     1206255068
NEW WORLD R-A SH   NW5 GR         -422677842.5     1206255068
NEW WORLD R-A SH   NWR LN         -422677842.5     1206255068
NEW WORLD R-B      0743168D LN    -422677842.5     1206255068
NEW WORLD RESOUR   NWRUKK L3      -422677842.5     1206255068
NEW WORLD RESOUR   NWRL L3        -422677842.5     1206255068
NEW WORLD RESOUR   NWRW L3        -422677842.5     1206255068
NEW WORLD RESOUR   NW5D S2        -422677842.5     1206255068
NEW WORLD RESOUR   NWRUKK S2      -422677842.5     1206255068
NEW WORLD RESOUR   NWRL S2        -422677842.5     1206255068
NEW WORLD RESOUR   NW5D L3        -422677842.5     1206255068
NEW WORLD RESOUR   NWRW S2        -422677842.5     1206255068
NEW WORLD RESOUR   NWRW B3        -422677842.5     1206255068
NEW WORLD RESOUR   NWRL B3        -422677842.5     1206255068
NEW WORLD RESOUR   NWRUKK B3      -422677842.5     1206255068
NEW WORLD RESOUR   NW5D B3        -422677842.5     1206255068
NEWCASTLE UNITED   1060322Z LN    -49091585.54    238073462.4
NEWCASTLE UNITED   4380361Z LN    -33690958.84    234612813.1
NEXANS COPPER FR   4744809Z FP    -22661844.26    308623822.2
NIKAS SA - RTS     NIKAR GA       -20069595.16    104893930.7
NISSAN FORKLIFT    4507803Z NA    -13548401.61    114988998.1
NIZHMASHZAVO-BRD   NMSZ* RU       -41368012.16    574396318.4
NIZHMASHZAVO-BRD   NMSZ RU        -41368012.16    574396318.4
NIZHMASHZAVO-PFD   NMSZP* RU      -41368012.16    574396318.4
NIZHMASHZAVO-PFD   NMSZP RU       -41368012.16    574396318.4
NIZHMASHZAVOD-BD   NMSZ$ RU       -41368012.16    574396318.4
NORBAIN GROUP LT   4007676Z LN    -18880913.74    122682534.9
NORDAG AG          DOO1 GR        -482467.0522    144438127.4
NORDAG AG-PFD      DOO3 GR        -482467.0522    144438127.4
NORDAG AG-RTS      DOO8 GR        -482467.0522    144438127.4
NORDENIA INTERNA   NOD GR         -74469671.73    729606340.7
NORDENIA INTL AG   NOD8 GR        -74469671.73    729606340.7
NORDIC SHIPHOLDI   NORDI TQ          -43100000      135400000
NORDIC SHIPHOLDI   NORDIEUR EU       -43100000      135400000
NORDIC SHIPHOLDI   NORDI EU          -43100000      135400000
NORDIC SHIPHOLDI   NORDIC IX         -43100000      135400000
NORDIC SHIPHOLDI   NORDIC S2         -43100000      135400000
NORDIC SHIPHOLDI   DTQ GR            -43100000      135400000
NORDIC SHIPHOLDI   NORDI BY          -43100000      135400000
NORDIC SHIPHOLDI   NORDIC EB         -43100000      135400000
NORDIC SHIPHOLDI   NORDI EO          -43100000      135400000
NORDIC SHIPHOLDI   NORDIEUR EO       -43100000      135400000
NORDIC SHIPHOLDI   NORDIC B3         -43100000      135400000
NORDIC SHIPHOLDI   NORDIC L3         -43100000      135400000
NORDIC SHIPHOLDI   NORDIC DC         -43100000      135400000
NORDIC TANKE-NEW   NORDICN DC        -43100000      135400000
NORDIC TANKE-RTS   NORDICT DC        -43100000      135400000
NORDIC TANKERS A   NORDIC PZ         -43100000      135400000
NORDICOM A/S       NRDCC S2       -27413160.84    501988437.8
NORDICOM A/S       NRDCC L3       -27413160.84    501988437.8
NORDICOM A/S       NRDCC B3       -27413160.84    501988437.8
NORDICOM A/S-RTS   NRDCT DC       -27413160.84    501988437.8
NORDICOM AS        NRDCC EB       -27413160.84    501988437.8
NORDICOM AS        NRDCEUR EO     -27413160.84    501988437.8
NORDICOM AS        NRDC DC        -27413160.84    501988437.8
NORDICOM AS        NRDC EU        -27413160.84    501988437.8
NORDICOM AS        NRDC BY        -27413160.84    501988437.8
NORDICOM AS        CEPH DC        -27413160.84    501988437.8
NORDICOM AS        NRDC PZ        -27413160.84    501988437.8
NORDICOM AS        NRDC TQ        -27413160.84    501988437.8
NORDICOM AS        NRDC IX        -27413160.84    501988437.8
NORDICOM AS        NRDCEUR EU     -27413160.84    501988437.8
NORDICOM AS        NRDC EO        -27413160.84    501988437.8
NORDICOM AS-NEW    NORN DC        -27413160.84    501988437.8
NORDSEE AG         533061Q GR      -8200576.76    194617530.6
NORDSEE GMBH       3988724Z GR    -81591772.37    201788718.4
NORFOLK HOLDINGS   779151Z NA      -192035.398    782945491.9
NORSK STEIN AS     4394889Z NO    -1237127.989    254760725.7
NORTHCLIFFE MEDI   1294954Z LN    -231086140.5    141497063.7
NORTHERN FO-ASSD   NFDA LN        -70166768.88    924680805.3
NORTHERN FOO-NEW   NFDN LN        -70166768.88    924680805.3
NORTHERN FOO-RFD   650060Q LN     -70166768.88    924680805.3
NORTHERN FOODS     NFO GK         -70166768.88    924680805.3
NORTHERN FOODS     NFDSUSD EU     -70166768.88    924680805.3
NORTHERN FOODS     NFDS VX        -70166768.88    924680805.3
NORTHERN FOODS     NFDS QM        -70166768.88    924680805.3
NORTHERN FOODS     NFDS PZ        -70166768.88    924680805.3
NORTHERN FOODS     NFO GR         -70166768.88    924680805.3
NORTHERN FOODS     NFDS EO        -70166768.88    924680805.3
NORTHERN FOODS     NFDS EB        -70166768.88    924680805.3
NORTHERN FOODS     NFDS NR        -70166768.88    924680805.3
NORTHERN FOODS     NFDSGBP EO     -70166768.88    924680805.3
NORTHERN FOODS     NFDS BQ        -70166768.88    924680805.3
NORTHERN FOODS     NFDSEUR EU     -70166768.88    924680805.3
NORTHERN FOODS     NFDSEUR EO     -70166768.88    924680805.3
NORTHERN FOODS     NFDS PO        -70166768.88    924680805.3
NORTHERN FOODS     NFDS S1        -70166768.88    924680805.3
NORTHERN FOODS     NFDS EU        -70166768.88    924680805.3
NORTHERN FOODS     NFDS TQ        -70166768.88    924680805.3
NORTHERN FOODS     NFDS IX        -70166768.88    924680805.3
NORTHERN FOODS     NTFOF US       -70166768.88    924680805.3
NORTHERN FOODS     NFDS NQ        -70166768.88    924680805.3
NORTHERN FOODS     NFDSUSD EO     -70166768.88    924680805.3
NORTHERN FOODS L   NFDS LN        -70166768.88    924680805.3
NORTHERN FOODS P   NFDR LN        -70166768.88    924680805.3
NOVAR ED&S LTD     1286578Z LN    -62804565.08    129403261.3
NOVELIS FOIL FRA   4678593Z FP    -49448141.87    103051804.1
NPIL HOLDCO LTD    3641071Z LN    -174439226.7    865153864.4
NPOWER GAS LTD     1689816Z LN    -356242279.8    692311995.8
NPOWER LTD         1185599Z LN    -280336917.7     4234776781
NRJ 12             4681713Z FP    -7657615.259    104653825.6
NTT COM SECURITY   AAGN GR        -7312306.971    180437345.1
NTT COM SECURITY   AAGND S1       -7312306.971    180437345.1
NTT COM SECURITY   AAGN EO        -7312306.971    180437345.1
NTT COM SECURITY   AAGN EU        -7312306.971    180437345.1
NTT COM SECURITY   AAGND L3       -7312306.971    180437345.1
NTT COM SECURITY   AAGN TQ        -7312306.971    180437345.1
NTT COM SECURITY   AAGND B3       -7312306.971    180437345.1
NTT COM SECURITY   AAGND S2       -7312306.971    180437345.1
NTT COM SECURITY   AAGN S1        -7312306.971    180437345.1
NUERNB HYPO-RTS    NUE8 GR         -2104112446       5.86E+11
NUERNB HYPOTHEK    0478131D GR     -2104112446       5.86E+11
NUTRIBIO SAS       4508451Z FP    -1696894.018    126986380.2
NYESA VALORES CO   BES EU         -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 TQ         -208568793.8    658498551.2
NYESA VALORES CO   NYE SM         -208568793.8    658498551.2
NYESA VALORES CO   NYE EO         -208568793.8    658498551.2
NYESA VALORES CO   NYE TQ         -208568793.8    658498551.2
NYESA VALORES CO   NYE EU         -208568793.8    658498551.2
NYESA VALORES CO   BESS PZ        -208568793.8    658498551.2
NYESA VALORES CO   BES SM         -208568793.8    658498551.2
O'KANE & DEVINE    3803556Z LN    -4358107.011    464658271.9
O-I MANUFACTURIN   1320610Z LN    -12628154.89      101145430
OBTEC              OBTEC DC       -15214157.39    146307717.3
OBTEC              OBT DC         -15214157.39    146307717.3
OBTEC-NEW SHARES   OBTECN DC      -15214157.39    146307717.3
OBTEC-OLD          OBTN DC        -15214157.39    146307717.3
ODEON & UCI CINE   3489372Z LN    -830950559.2     1305400799
ODESSA OIL REFIN   ONPZ UZ        -389476260.1    147828436.7
OESIA NETWORKS S   4369433Z SM    -23680696.85    179103096.4
OKI EUROPE LTD     3912252Z LN    -391269747.1    204284621.3
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
OMRON EUROPE BV/   4489339Z NA     -309562.197    569956799.6
OPTIMUM CARE LTD   3951796Z LN    -33380376.38    106846682.7
ORACLE FRANCE SA   4525191Z FP    -4835581.451    722616022.4
ORANGE LTD         951641Q LN     -593935104.1     2902299502
ORANGE PLC         ORNGF US       -593935104.1     2902299502
ORANGE PLC         1460Q GR       -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          OBS IX           -4168493.8    127701679.5
ORBIS PLC          OBS LN           -4168493.8    127701679.5
ORBIS PLC          OBS PO           -4168493.8    127701679.5
ORBIS PLC          OBS PZ           -4168493.8    127701679.5
ORBIS PLC          OBG PO           -4168493.8    127701679.5
ORBIS PLC          ORBSF US         -4168493.8    127701679.5
ORBIS PLC          RLP GR           -4168493.8    127701679.5
OROSDI             OROSP L3       -51388258.12    181261665.1
OROSDI             OROS EO        -51388258.12    181261665.1
OROSDI             OROSP B3       -51388258.12    181261665.1
OROSDI             OROS PZ        -51388258.12    181261665.1
OROSDI             OROS EU        -51388258.12    181261665.1
OROSDI             OROSP S2       -51388258.12    181261665.1
OROSDI             OROS S1        -51388258.12    181261665.1
OROSDI             OROS EB        -51388258.12    181261665.1
OROSDI             OROS FP        -51388258.12    181261665.1
OROSDI             OROS IX        -51388258.12    181261665.1
OROSDI-BACK        BACK IX        -51388258.12    181261665.1
OROSDI-BACK        ORBA FP        -51388258.12    181261665.1
OROSDI-RTS         ORODS FP       -51388258.12    181261665.1
OT OPTIMA TELEKO   2299892Z CZ    -113047998.1    107299044.1
OT-OPTIMA TELEKO   OPTERA CZ      -113047998.1    107299044.1
OT-OPTIMA TELEKO   OPTERHRK EU    -113047998.1    107299044.1
OT-OPTIMA TELEKO   OPTERHRK EO    -113047998.1    107299044.1
OUTDOOR GROUP LT   1318338Z LN    -31904183.63    118196315.8
OXEA SARL          3682535Z LX    -24721940.15    956415604.2
OXEA SARL          3682535Z GR    -24721940.15    956415604.2
P.G. NIKAS SA      NIKASY S2      -20069595.16    104893930.7
P.G. NIKAS SA      NIKASY L3      -20069595.16    104893930.7
P.G. NIKAS SA      NIKASY B3      -20069595.16    104893930.7
PAGESJAUNES GRP    PGJUF US        -2574016244     1103160018
PAGESJAUNES GRP    PAJ LI          -2574016244     1103160018
PAGESJAUNES GRP    PAJ NQ          -2574016244     1103160018
PAGESJAUNES GRP    PAJ VX          -2574016244     1103160018
PAGESJAUNES GRP    PAJ PZ          -2574016244     1103160018
PAGESJAUNES GRP    PAJ FP          -2574016244     1103160018
PAGESJAUNES GRP    PAJP IX         -2574016244     1103160018
PANAXIA AB         PAXA EO        -13977243.64    102375892.6
PANAXIA AB         PAXAEUR EU     -13977243.64    102375892.6
PANAXIA AB         PAXA BY        -13977243.64    102375892.6
PANAXIA AB         PAXA SS        -13977243.64    102375892.6
PANAXIA AB         PAXA EU        -13977243.64    102375892.6
PANAXIA AB         PAXA PZ        -13977243.64    102375892.6
PANAXIA AB         PAXAEUR EO     -13977243.64    102375892.6
PANAXIA AB-NEW     PAXABT SS      -13977243.64    102375892.6
PANAXIA AB-NEW     PAXABT BY      -13977243.64    102375892.6
PANAXIA AB-RTS     PAXATR BY      -13977243.64    102375892.6
PANAXIA AB-RTS     PAXATR SS      -13977243.64    102375892.6
PANAXIA-NEW        8292193Q SS    -13977243.64    102375892.6
PANAXIA-RTS        8292189Q SS    -13977243.64    102375892.6
PARAGON HOTELS L   4452665Z LN    -3769909.891    107328514.4
PARAGON MORTGAGE   2002551Z LN    -750891.1819    737656750.8
PARK FOOD GROUP    PKFD LN        -20141361.32    279211765.5
PARK GROUP PLC     PKGL L3        -20141361.32    279211765.5
PARK GROUP PLC     PKG LN         -20141361.32    279211765.5
PARK GROUP PLC     PKGL B3        -20141361.32    279211765.5
PARK GROUP PLC     PRKGF US       -20141361.32    279211765.5
PARK GROUP PLC     PKG VX         -20141361.32    279211765.5
PARK GROUP PLC     PKG EO         -20141361.32    279211765.5
PARK GROUP PLC     PRKG IX        -20141361.32    279211765.5
PARK GROUP PLC     PKG PO         -20141361.32    279211765.5
PARK GROUP PLC     PKGGBP EO      -20141361.32    279211765.5
PARK GROUP PLC     PKGL S2        -20141361.32    279211765.5
PARK GROUP PLC     PKG EU         -20141361.32    279211765.5
PARK GROUP PLC     PKG PZ         -20141361.32    279211765.5
PARMALAT FINA-RT   PRFR AV        -18420075679     4120839723
PARMALAT FINANZI   FICN AV        -18420075679     4120839723
PARMALAT FINANZI   PRF IM         -18420075679     4120839723
PARMALAT FINANZI   PARAF US       -18420075679     4120839723
PARMALAT FINANZI   PRFI VX        -18420075679     4120839723
PARMALAT FINANZI   PMLFF US       -18420075679     4120839723
PARMALAT FINANZI   PMT LI         -18420075679     4120839723
PARMALAT FINANZI   PAF GR         -18420075679     4120839723
PARQUES REUN-RTS   PQR/D SM       -36793493.63     2314365176
PARQUES REUNIDOS   PQR SM         -36793493.63     2314365176
PARQUES REUNIDOS   PQR GR         -36793493.63     2314365176
PATIENTLINE PLC    PTL PO         -54678675.23    124951423.6
PATIENTLINE PLC    2928903Q EU    -54678675.23    124951423.6
PATIENTLINE PLC    PTL IX         -54678675.23    124951423.6
PATIENTLINE PLC    2928907Q EO    -54678675.23    124951423.6
PATIENTLINE PLC    2928899Q EO    -54678675.23    124951423.6
PATIENTLINE PLC    PTL LN         -54678675.23    124951423.6
PATIENTLINE PLC    PTL PZ         -54678675.23    124951423.6
PATIENTLINE PLC    PTL VX         -54678675.23    124951423.6
PAYZONE PLC        PAYZ EU        -138034037.7      510021617
PAYZONE PLC        PAYZ PZ        -138034037.7      510021617
PAYZONE PLC        PAYZ LN        -138034037.7      510021617
PAYZONE PLC        PAYZ PG        -138034037.7      510021617
PAYZONE PLC        PAYZ EO        -138034037.7      510021617
PAYZONE PLC        4P6 GR         -138034037.7      510021617
PAYZONE PLC        PAYZ IX        -138034037.7      510021617
PBG                PBG LI         -248138966.9    850379428.1
PBG                PBG1 EO        -248138966.9    850379428.1
PBG                PBG1EUR EO     -248138966.9    850379428.1
PBG                PBG1USD EO     -248138966.9    850379428.1
PBG                PBG PW         -248138966.9    850379428.1
PBG                PBG1EUR EU     -248138966.9    850379428.1
PBG                PBG PZ         -248138966.9    850379428.1
PBG                PBG1 EU        -248138966.9    850379428.1
PBG                PBGZF US       -248138966.9    850379428.1
PBG                PBG1USD EU     -248138966.9    850379428.1
PBG S.A.           887076Q PW     -248138966.9    850379428.1
PBG SA             PBGW S2        -248138966.9    850379428.1
PBG SA             PBGG IX        -248138966.9    850379428.1
PBG SA             PBGW L3        -248138966.9    850379428.1
PBG SA             PBGW B3        -248138966.9    850379428.1
PBG SA - ADR       PBGZY US       -248138966.9    850379428.1
PBG SA - CERT A    899644Z PW     -248138966.9    850379428.1
PBG SA -CERT A     PBGA PW        -248138966.9    850379428.1
PBG SA-A           0122073D PW    -248138966.9    850379428.1
PBG SA-ALLOT CE    903059Q PW     -248138966.9    850379428.1
PBG SA-ALLOT CER   685728Q PW     -248138966.9    850379428.1
PBG SA-RTS         PBGP PW        -248138966.9    850379428.1
PD PORT SERVICES   1407442Z LN    -64613923.86    170018006.2
PD PORTCO LTD      3233785Z LN      -286512126     1076498649
PEGASUS PUB-RTS    PEGASR GA       -84903492.7    221907245.7
PEGASUS PUBLISHI   PEGASY S2       -84903492.7    221907245.7
PEGASUS PUBLISHI   PEGASY B3       -84903492.7    221907245.7
PEGASUS PUBLISHI   PEGA1 EU        -84903492.7    221907245.7
PEGASUS PUBLISHI   PGPBF US        -84903492.7    221907245.7
PEGASUS PUBLISHI   PEGASY L3       -84903492.7    221907245.7
PEGASUS PUBLISHI   PEGA1 EO        -84903492.7    221907245.7
PEGASUS PUBLISHI   PEGAS PZ        -84903492.7    221907245.7
PEGASUS PUBLISHI   PEGAS GA        -84903492.7    221907245.7
PEGASUS PUBLISHI   JE5 GR          -84903492.7    221907245.7
PEGUFORM IBERICA   4512107Z SM    -25951900.55    189870518.2
PENOPLEX-FINANS    PNPF RU        -776342.4125      143683074
PESCANOVA          PVA EO          -1962474395     3604665666
PESCANOVA          PVA SM          -1962474395     3604665666
PESCANOVA          PVA EB          -1962474395     3604665666
PESCANOVA          PVA TQ          -1962474395     3604665666
PESCANOVA          PNV GR          -1962474395     3604665666
PESCANOVA          PVA IX          -1962474395     3604665666
PESCANOVA          PVA S1          -1962474395     3604665666
PESCANOVA          PVA PZ          -1962474395     3604665666
PESCANOVA          PVA NR          -1962474395     3604665666
PESCANOVA          PVA QM          -1962474395     3604665666
PESCANOVA          PNVAF US        -1962474395     3604665666
PESCANOVA          PVA EU          -1962474395     3604665666
PESCANOVA SA       0572074D SM     -1962474395     3604665666
PESCANOVA SA       PCV/P SM        -1962474395     3604665666
PESCANOVA SA       PVAE L3         -1962474395     3604665666
PESCANOVA SA       PVAE S2         -1962474395     3604665666
PESCANOVA SA       PVAE B3         -1962474395     3604665666
PESCANOVA SA-RTS   PVA/D SM        -1962474395     3604665666
PESCANOVA SA-RTS   0561516D SM     -1962474395     3604665666
PESCANOVA SA-RTS   3414736Q SM     -1962474395     3604665666
PESCANOVA-OLD RT   1004Q SM        -1962474395     3604665666
PETRO GEO-SERV     PGS VX         -18066142.02    399710319.4
PETRO GEO-SERV     PGS GR         -18066142.02    399710319.4
PETRO GEO-SERV     265143Q NO     -18066142.02    399710319.4
PETRO GEO-SERV-N   PGSN NO        -18066142.02    399710319.4
PETRO GEO-SV-ADR   PGSA GR        -18066142.02    399710319.4
PETRO GEO-SV-ADR   PGOGY US       -18066142.02    399710319.4
PETROJACK AS       JACO IX           -54932000      191586000
PETROJACK AS       JACK NO           -54932000      191586000
PETROJACK AS       JACKEUR EU        -54932000      191586000
PETROJACK AS       P3J GR            -54932000      191586000
PETROJACK AS       JACK EO           -54932000      191586000
PETROJACK AS       POJKF US          -54932000      191586000
PETROJACK AS       JACK PZ           -54932000      191586000
PETROJACK AS       JACK EU           -54932000      191586000
PETROJACK AS       JACK BY           -54932000      191586000
PETROJACK AS       JACKEUR EO        -54932000      191586000
PETROMARINE SA     3652071Z FP    -23734181.65    320658299.5
PETZET - PFD-RTS   PETZPD GA      -110809481.9    206423169.8
PETZETAKIS - RTS   PETZKD GA      -110809481.9    206423169.8
PETZETAKIS-AUC     PETZKE GA      -110809481.9    206423169.8
PETZETAKIS-PFD     PTZ3 GR        -110809481.9    206423169.8
PETZETAKIS-PFD     PETZP GA       -110809481.9    206423169.8
PEUGEOT CITROEN    1974702Z LN    -80701624.73    849472808.9
PEUGEOT CITROEN    3652807Z FP    -253020802.7    19788050597
PEUGEOT CITROEN    3637183Z FP    -387705605.4    308658679.1
PG NIKAS SA        NIKAS PZ       -20069595.16    104893930.7
PG NIKAS SA        NKS GR         -20069595.16    104893930.7
PG NIKAS SA        NIKAS EO       -20069595.16    104893930.7
PG NIKAS SA        NIKAS GA       -20069595.16    104893930.7
PG NIKAS SA        NIKAS EU       -20069595.16    104893930.7
PHILIPS GMBH       2645Z GR         -967234526     2127723302
PHS GROUP HOLDIN   3173182Z LN    -451952499.8     1982894328
PIRELLI & C REAL   PRS1 NQ        -109148609.4    827830825.9
PIRELLI RE AXA     PRSAXA IM      -109148609.4    827830825.9
PLACES FOR PEOPL   1914158Z LN    -89782697.51    596233572.7
PLANES E INVERSI   3795524Z SM    -167827051.7    107554336.1
PLANNED MAINTENA   1344714Z LN    -135825348.1    149134042.8
PLANOFORM VASTGO   4047197Z NA    -119232.0004      209987003
PLANTASJEN NORGE   4398073Z NO    -940365.3882    110815351.7
PORTO F.C.-B       FCPB PL        -42858205.32    244984137.8
POST OFFICE LTD    1542650Z LN    -196775599.5     1694809196
POSTAL SERVICES    3900202Z LN     -2013775993     9943515171
POSTNL NV          PNL2GBX EU     -837827974.3     3354049722
POSTNL NV          TNT PZ         -837827974.3     3354049722
POSTNL NV          PNL NA         -837827974.3     3354049722
POSTNL NV          PNL2USD EO     -837827974.3     3354049722
POSTNL NV          PNLA L3        -837827974.3     3354049722
POSTNL NV          PNL2NOK EO     -837827974.3     3354049722
POSTNL NV          PNL2CHF EU     -837827974.3     3354049722
POSTNL NV          PNL TQ         -837827974.3     3354049722
POSTNL NV          PNL2USD EU     -837827974.3     3354049722
POSTNL NV          PNL2AUD EU     -837827974.3     3354049722
POSTNL NV          PNL2NOK EU     -837827974.3     3354049722
POSTNL NV          PNL2PLN EU     -837827974.3     3354049722
POSTNL NV          PNL QM         -837827974.3     3354049722
POSTNL NV          PNLA B3        -837827974.3     3354049722
POSTNL NV          PNL2GBP EO     -837827974.3     3354049722
POSTNL NV          PNL BQ         -837827974.3     3354049722
POSTNL NV          PNL2 EO        -837827974.3     3354049722
POSTNL NV          TNTC GR        -837827974.3     3354049722
POSTNL NV          TNT LI         -837827974.3     3354049722
POSTNL NV          PNL QX         -837827974.3     3354049722
POSTNL NV          PNL2PLN EO     -837827974.3     3354049722
POSTNL NV          TNTFF US       -837827974.3     3354049722
POSTNL NV          TNTC TH        -837827974.3     3354049722
POSTNL NV          PNL MT         -837827974.3     3354049722
POSTNL NV          PNL1 IX        -837827974.3     3354049722
POSTNL NV          PNL1 S1        -837827974.3     3354049722
POSTNL NV          PNL GK         -837827974.3     3354049722
POSTNL NV          PNL2 EU        -837827974.3     3354049722
POSTNL NV          PNL2GBX EO     -837827974.3     3354049722
POSTNL NV          PNL EB         -837827974.3     3354049722
POSTNL NV          PNL2AUD EO     -837827974.3     3354049722
POSTNL NV          PNL2CHF EO     -837827974.3     3354049722
POSTNL NV          PNL SW         -837827974.3     3354049722
POSTNL NV          PNLA S2        -837827974.3     3354049722
POSTNL NV-ADR      PNLYY US       -837827974.3     3354049722
POSTNL NV-ADR      TNTTY US       -837827974.3     3354049722
POWEO              ALPF IX        -44827553.48     1104547436
POWEO              MLPWO FP       -44827553.48     1104547436
POWEO              PWOPF US       -44827553.48     1104547436
POWEO - RTS        PWODS FP       -44827553.48     1104547436
POWEO - RTS        POWDS FP       -44827553.48     1104547436
POWEO DIRECT ENE   ALPWO FP       -44827553.48     1104547436
POWEO-ADR          PWOPY US       -44827553.48     1104547436
POWER LEISURE BO   1855610Z LN    -56174112.96    131926215.6
POWERCORP INTERN   4449033Z LN    -9367275.229    129789167.8
PPG METRO 500 LT   2224564Z LN    -15545472.43    116336000.6
PRAMAC SPA         6PA GR         -87225984.26    314937083.3
PRAMAC SPA         PRAM IX        -87225984.26    314937083.3
PRAMAC SPA         PRA2 EO        -87225984.26    314937083.3
PRAMAC SPA         PRAM PZ        -87225984.26    314937083.3
PRAMAC SPA         PRA2 EU        -87225984.26    314937083.3
PRAMAC SPA         PRA IM         -87225984.26    314937083.3
PRELIOS SPA        PIE1 GR        -109148609.4    827830825.9
PRELIOS SPA        PRS BQ         -109148609.4    827830825.9
PRELIOS SPA        PLLRF US       -109148609.4    827830825.9
PRELIOS SPA        PRSI PZ        -109148609.4    827830825.9
PRELIOS SPA        PRS EB         -109148609.4    827830825.9
PRELIOS SPA        PRS1GBX EU     -109148609.4    827830825.9
PRELIOS SPA        PRSM S2        -109148609.4    827830825.9
PRELIOS SPA        PIE GR         -109148609.4    827830825.9
PRELIOS SPA        PRS1USD EU     -109148609.4    827830825.9
PRELIOS SPA        PRS2 S1        -109148609.4    827830825.9
PRELIOS SPA        PRS1 TQ        -109148609.4    827830825.9
PRELIOS SPA        PRSM L3        -109148609.4    827830825.9
PRELIOS SPA        PRSM B3        -109148609.4    827830825.9
PRELIOS SPA        PRS1 EO        -109148609.4    827830825.9
PRELIOS SPA        PRS1USD EO     -109148609.4    827830825.9
PRELIOS SPA        PRS1 IX        -109148609.4    827830825.9
PRELIOS SPA        PRS1GBX EO     -109148609.4    827830825.9
PRELIOS SPA        PRS1 QM        -109148609.4    827830825.9
PRELIOS SPA        PRS1 NR        -109148609.4    827830825.9
PRELIOS SPA        PRS1 EU        -109148609.4    827830825.9
PRELIOS SPA        PRS IM         -109148609.4    827830825.9
PRELIOS SPA        PRS1GBP EO     -109148609.4    827830825.9
PRELIOS SPA-RTS    PRSAZA IM      -109148609.4    827830825.9
PRELIOS SPA-RTS    PLLSF US       -109148609.4    827830825.9
PREMIER PROPERTY   4006740Z LN    -383762892.9    196967668.2
PRESTBURY HOTELS   397501Z LN     -140719863.3    732561072.1
PRESTBURY WENTWO   3814856Z LN    -113574624.2      682578779
PRISA              PRS2 VX        -780193119.9     6162139632
PRISA              0557149D LN    -780193119.9     6162139632
PRISA              PRS NR         -780193119.9     6162139632
PRISA - A          GPOPF US       -780193119.9     6162139632
PRISA - A          PRSGBP EO      -780193119.9     6162139632
PRISA - A          PRSE B3        -780193119.9     6162139632
PRISA - A          PRSE L3        -780193119.9     6162139632
PRISA - A          PRSGBX EU      -780193119.9     6162139632
PRISA - A          PRS TQ         -780193119.9     6162139632
PRISA - A          PRSE S2        -780193119.9     6162139632
PRISA - A          PRS1 S1        -780193119.9     6162139632
PRISA - A          PRS1 EB        -780193119.9     6162139632
PRISA - A          PRSUSD EU      -780193119.9     6162139632
PRISA - A          PRS EO         -780193119.9     6162139632
PRISA - A          PZ4 GR         -780193119.9     6162139632
PRISA - A          PRSS PZ        -780193119.9     6162139632
PRISA - A          PRSE S1        -780193119.9     6162139632
PRISA - A          PRSGBX EO      -780193119.9     6162139632
PRISA - A          PRS EU         -780193119.9     6162139632
PRISA - A          PRSUSD EO      -780193119.9     6162139632
PRISA - A          PRS2 IX        -780193119.9     6162139632
PRISA - A          PRS SM         -780193119.9     6162139632
PRISA - B          PRSP EB        -780193119.9     6162139632
PRISA - B          PRS/P SM       -780193119.9     6162139632
PRISA - B          PRSP IX        -780193119.9     6162139632
PRISA - B          PRS/P EO       -780193119.9     6162139632
PRISA - B          PRS/P TQ       -780193119.9     6162139632
PRISA A-ADR        PRIS US        -780193119.9     6162139632
PRISA B-ADR        PRIS/B US      -780193119.9     6162139632
PRISA B-RTS        PRS/EEUR EU    -780193119.9     6162139632
PRISA B-RTS        PRS/EEUR EO    -780193119.9     6162139632
PRISA B-RTS        PRS/E SM       -780193119.9     6162139632
PRISA-A RTS        PRS/DEUR EO    -780193119.9     6162139632
PRISA-A RTS        PRS/D SM       -780193119.9     6162139632
PRISA-A RTS        PRS/DEUR EU    -780193119.9     6162139632
PRISA-A RTS        PRSD TQ        -780193119.9     6162139632
PRISA-UNSP ADR     GPOPY US       -780193119.9     6162139632
PRITCHARD GROUP    3805716Z LN    -40198600.41    187982923.5
PROCTER & GAMBLE   4525303Z FP    -65885750.72    335937615.8
PRODRIVE HOLDING   3776836Z NA    -286440.2865    111639311.2
PROMOTORA DE INF   0852003D SM    -780193119.9     6162139632
PROMOTORA DE INF   1003328D SM    -780193119.9     6162139632
PROMOTORA DE-ADR   PTRSV US       -780193119.9     6162139632
PROMOTORA DE-ADR   PRIS-W US      -780193119.9     6162139632
PROMOTORA DE-ADR   PRIS/B-W US    -780193119.9     6162139632
PROMOTORA DE-NEW   0096859D SM    -780193119.9     6162139632
PROMTRACTOR-FINA   PTRF RU        -57517044.18      208661031
PROSTRAKAN GROUP   PSK EU         -9666420.197    134082602.7
PROSTRAKAN GROUP   PSKEUR EU      -9666420.197    134082602.7
PROSTRAKAN GROUP   PSK EO         -9666420.197    134082602.7
PROSTRAKAN GROUP   PSK IX         -9666420.197    134082602.7
PROSTRAKAN GROUP   PSK LN         -9666420.197    134082602.7
PROSTRAKAN GROUP   PSKGBP EO      -9666420.197    134082602.7
PROSTRAKAN GROUP   PSK S1         -9666420.197    134082602.7
PROSTRAKAN GROUP   PSK PZ         -9666420.197    134082602.7
PROSTRAKAN GROUP   PSKEUR EO      -9666420.197    134082602.7
PROSTRAKAN GROUP   PSK PO         -9666420.197    134082602.7
PROSTRAKAN GROUP   PKNGF US       -9666420.197    134082602.7
PROSTRAKAN GROUP   PSK VX         -9666420.197    134082602.7
PULLMANTUR SA      301590Z SM     -120068945.6    200674891.5
PUMA PREMIER LTD   2111827Z LN    -1724900.386    187562614.4
Q-PARK LTD         1471762Z LN    -13998966.69    211684232.1
QMH LTD            QMOT LN        -39143219.67    831590393.1
QPR HOLDINGS LTD   LFT LN         -193935862.6    120047585.7
QUABIT INMOBILIA   QBT IX         -33301815.13    950532329.1
QUABIT INMOBILIA   QBTGBP EO      -33301815.13    950532329.1
QUABIT INMOBILIA   QBT TQ         -33301815.13    950532329.1
QUABIT INMOBILIA   QBT PZ         -33301815.13    950532329.1
QUABIT INMOBILIA   ZVY GR         -33301815.13    950532329.1
QUABIT INMOBILIA   QBMMF US       -33301815.13    950532329.1
QUABIT INMOBILIA   QBT EU         -33301815.13    950532329.1
QUABIT INMOBILIA   QBTGBX EO      -33301815.13    950532329.1
QUABIT INMOBILIA   ASTS PZ        -33301815.13    950532329.1
QUABIT INMOBILIA   QBTE L3        -33301815.13    950532329.1
QUABIT INMOBILIA   QBTGBX EU      -33301815.13    950532329.1
QUABIT INMOBILIA   QBT EB         -33301815.13    950532329.1
QUABIT INMOBILIA   QBTE B3        -33301815.13    950532329.1
QUABIT INMOBILIA   QBT EO         -33301815.13    950532329.1
QUABIT INMOBILIA   QBT S1         -33301815.13    950532329.1
QUABIT INMOBILIA   QBT SM         -33301815.13    950532329.1
QUABIT INMOBILIA   QBTE S2        -33301815.13    950532329.1
QUEENS MOAT HSES   QMTHF US       -39143219.67    831590393.1
QUINN BUILDING P   3949900Z LN    -18251135.25    238239265.2
QUINN GROUP LTD    166771Z ID     -228834929.2     2504377123
R&R ICE CREAM LT   3624280Z LN    -218326760.7    959915732.9
RADIO E TELEVISA   1227Z PL       -109978276.6    477215725.6
RADIO KORASS-RTS   KORAR GA       -100972173.9    244951680.3
RADIO KORASSI-RT   KORAD GA       -100972173.9    244951680.3
RADIO KORASSIDIS   RAKOF US       -100972173.9    244951680.3
RADIO KORASSIDIS   KORA GA        -100972173.9    244951680.3
RADIO KORASSIDIS   RKC GR         -100972173.9    244951680.3
RADIOTRONICA SA    RAD SM         -14372275.23    222306266.2
RADIOTRONICA SA    RDNTF US       -14372275.23    222306266.2
RADIOTRONICA-RTS   RAD/D SM       -14372275.23    222306266.2
RAG ABWICKL-REG    ROS S1         -1744186.284    217783877.8
RAG ABWICKL-REG    RSTHF US       -1744186.284    217783877.8
RAG ABWICKL-REG    ROS1 EU        -1744186.284    217783877.8
RAG ABWICKL-REG    ROS GR         -1744186.284    217783877.8
RAG ABWICKL-REG    ROS1 EO        -1744186.284    217783877.8
RAG ABWICKL-REG    ROSG PZ        -1744186.284    217783877.8
RAMBO A LTD        4501843Z LN     -2076739509    891693401.1
RANDSTAD EMPLOYM   1585810Z LN    -33905632.17    105871649.3
RBS MEZZANINE LT   2198564Z LN    -111641535.2    344709233.7
RDB SPA            RDBI IX        -143727976.4    142633893.2
RDB SPA            RDB EO         -143727976.4    142633893.2
RDB SPA            RDB TQ         -143727976.4    142633893.2
RDB SPA            RDB IM         -143727976.4    142633893.2
RDB SPA            RDB EU         -143727976.4    142633893.2
RDB SPA            RDB BQ         -143727976.4    142633893.2
RDB SPA            AZN GR         -143727976.4    142633893.2
RDB SPA            RDB PZ         -143727976.4    142633893.2
REAL ESTATE OP-O   REO VX          -1109587250     1668412128
REAL ESTATE OP-O   REO EU          -1109587250     1668412128
REAL ESTATE OP-O   REO EO          -1109587250     1668412128
REAL ESTATE OP-O   REO ID          -1109587250     1668412128
REAL ESTATE OP-O   REOGBP EO       -1109587250     1668412128
REAL ESTATE OP-O   REA GR          -1109587250     1668412128
REAL ESTATE OP-O   REO PZ          -1109587250     1668412128
REAL ESTATE OP-O   REO IX          -1109587250     1668412128
REAL ESTATE OP-O   REO LN          -1109587250     1668412128
REAL ZARAGOZA SA   4285533Z SM    -29195361.56    191997001.6
REDE FERROVIARIA   1250Z PL        -2486654844     6950137352
REGARD HOLDINGS    4157517Z LN    -2986461.558    138603527.1
REGUS LTD          273187Q 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          2296Z LN       -46111832.15      367181111
REGUS PLC-ADS      REGS US        -46111832.15      367181111
REGUS PLC-ADS      RGUA GR        -46111832.15      367181111
REGUS PLC-ADS      REGSV US       -46111832.15      367181111
REGUS PLC-ADS      REGSY US       -46111832.15      367181111
RENTA CORP         REN1 TQ         -45668469.6    171969667.7
RENTA CORP         REN1USD EO      -45668469.6    171969667.7
RENTA CORP         REN1 EU         -45668469.6    171969667.7
RENTA CORP         REN1GBX EU      -45668469.6    171969667.7
RENTA CORP         REN1GBX EO      -45668469.6    171969667.7
RENTA CORP         REN1 EO         -45668469.6    171969667.7
RENTA CORP         REN1USD EU      -45668469.6    171969667.7
RENTA CORP         REN SM          -45668469.6    171969667.7
RENTA CORP         RENS PZ         -45668469.6    171969667.7
RENTA CORP         REN1 S1         -45668469.6    171969667.7
RENTA CORP         REN1GBP EO      -45668469.6    171969667.7
RENTA CORP         RTACF US        -45668469.6    171969667.7
RENTA CORP REAL    RENE B3         -45668469.6    171969667.7
RENTA CORP REAL    REN/D SM        -45668469.6    171969667.7
RENTA CORP REAL    RENE S2         -45668469.6    171969667.7
RENTA CORP REAL    RENE L3         -45668469.6    171969667.7
RESEAU FERRE FRA   224063Z FP      -1502193646    75168386409
RETAIL GROUP       RTGR UZ        -32256396.75    252571056.9
REXAM BEVERAGE C   1120903Z LN    -22213349.38    126325689.5
REYAL URBIS SA     REY1 EU         -3401133138     2718536405
REYAL URBIS SA     REY SM          -3401133138     2718536405
REYAL URBIS SA     REYU PZ         -3401133138     2718536405
REYAL URBIS SA     REY EB          -3401133138     2718536405
REYAL URBIS SA     REY1 IX         -3401133138     2718536405
REYAL URBIS SA     REY S1          -3401133138     2718536405
REYAL URBIS SA     REY1 TQ         -3401133138     2718536405
REYAL URBIS SA     REY1 EO         -3401133138     2718536405
RHODIA SA          RHA BQ         -72549998.76     7951479864
RHODIA SA          RHAGBX EU      -72549998.76     7951479864
RHODIA SA          RHA EB         -72549998.76     7951479864
RHODIA SA          2324015Q EO    -72549998.76     7951479864
RHODIA SA          RHA VX         -72549998.76     7951479864
RHODIA SA          RHA TQ         -72549998.76     7951479864
RHODIA SA          RHA NQ         -72549998.76     7951479864
RHODIA SA          RHAUSD EU      -72549998.76     7951479864
RHODIA SA          RHDI TH        -72549998.76     7951479864
RHODIA SA          RHA EU         -72549998.76     7951479864
RHODIA SA          RHD GR         -72549998.76     7951479864
RHODIA SA          RHA EO         -72549998.76     7951479864
RHODIA SA          RHA QM         -72549998.76     7951479864
RHODIA SA          RHAGBX EO      -72549998.76     7951479864
RHODIA SA          RHA IX         -72549998.76     7951479864
RHODIA SA          RHADF US       -72549998.76     7951479864
RHODIA SA          RHAY IX        -72549998.76     7951479864
RHODIA SA          RHDI GR        -72549998.76     7951479864
RHODIA SA          2324011Q EU    -72549998.76     7951479864
RHODIA SA          RHAUSD EO      -72549998.76     7951479864
RHODIA SA          RHDAF US       -72549998.76     7951479864
RHODIA SA          RHANR PZ       -72549998.76     7951479864
RHODIA SA          RHA FP         -72549998.76     7951479864
RHODIA SA          RHAGBP EO      -72549998.76     7951479864
RHODIA SA          RHA S1         -72549998.76     7951479864
RHODIA SA          RHA PZ         -72549998.76     7951479864
RHODIA SA          RHA GK         -72549998.76     7951479864
RHODIA SA          3218857Q IX    -72549998.76     7951479864
RHODIA SA - NEW    3506266Q FP    -72549998.76     7951479864
RHODIA SA - NEW    RHANV FP       -72549998.76     7951479864
RHODIA SA - NEW    2335921Q FP    -72549998.76     7951479864
RHODIA SA - NEW    3156011Q FP    -72549998.76     7951479864
RHODIA SA - NEW    8125782Q FP    -72549998.76     7951479864
RHODIA SA-ADR      RHAYY US       -72549998.76     7951479864
RHODIA SA-NON RE   RHANR FP       -72549998.76     7951479864
RHODIA SA-RIGHTS   RHADS FP       -72549998.76     7951479864
RHODIA SA-RIGHTS   653447Q FP     -72549998.76     7951479864
RINOL AG           RILBD B3            -1.1716      168101243
RINOL AG           RIL GR              -1.1716      168101243
RINOL AG           RILBD L3            -1.1716      168101243
RINOL AG           RILB PZ             -1.1716      168101243
RINOL AG           RILBD S2            -1.1716      168101243
RINOL AG           RILB EO             -1.1716      168101243
RINOL AG           RILB S1             -1.1716      168101243
RINOL AG           RILB EU             -1.1716      168101243
RINOL AG           RNLAF US            -1.1716      168101243
RINOL AG           RILB GR             -1.1716      168101243
RINOL AG           RILB IX             -1.1716      168101243
RISANAMEN-RNC OP   RNROPA IM      -319999944.9     2467223105
RISANAMENTO -OPA   RNOPA IM       -319999944.9     2467223105
RISANAMENTO -RNC   RNR IM         -319999944.9     2467223105
RISANAMENTO SPA    RNM S2         -319999944.9     2467223105
RISANAMENTO SPA    RNGBX EU       -319999944.9     2467223105
RISANAMENTO SPA    RNM B3         -319999944.9     2467223105
RISANAMENTO SPA    RN IM          -319999944.9     2467223105
RISANAMENTO SPA    RN5 GR         -319999944.9     2467223105
RISANAMENTO SPA    RNM L3         -319999944.9     2467223105
RISANAMENTO SPA    RN EU          -319999944.9     2467223105
RISANAMENTO SPA    RSMNF US       -319999944.9     2467223105
RISANAMENTO SPA    RN EO          -319999944.9     2467223105
RISANAMENTO SPA    RN EB          -319999944.9     2467223105
RISANAMENTO SPA    RN TQ          -319999944.9     2467223105
RISANAMENTO SPA    RN IX          -319999944.9     2467223105
RISANAMENTO SPA    RNGBX EO       -319999944.9     2467223105
RISANAMENTO SPA    RNGBP EO       -319999944.9     2467223105
RISANAMENTO SPA    RN BQ          -319999944.9     2467223105
RISANAMENTO SPA    RN PZ          -319999944.9     2467223105
RISANAMENTO-RTS    RNAXA IM       -319999944.9     2467223105
RISANAMENTO-RTS    RNAA IM        -319999944.9     2467223105
RISANAMENTO-RTS    RNAXO IM       -319999944.9     2467223105
RITZ HOTEL LTD/T   1274338Z LN    -28035315.97    274954318.9
RIVNEAZOT          RAZT UZ        -144037013.2    625895879.8
ROAD MGMT CONS     1239Z LN       -24814.39972    315566259.7
ROBINS & DAY LTD   1280922Z LN    -5192567.357    147402645.6
ROSENTHAL AG       2644179Q GR    -1744186.284    217783877.8
ROSENTHAL AG-ACC   ROS4 GR        -1744186.284    217783877.8
ROSENTHAL AG-ADR   RSTHY US       -1744186.284    217783877.8
ROSENTHAL AG-REG   ROSG IX        -1744186.284    217783877.8
ROSKILDE BAN-NEW   ROSKN DC       -532863325.9     7876605869
ROSKILDE BAN-RTS   ROSKT DC       -532863325.9     7876605869
ROSKILDE BANK      ROSK EU        -532863325.9     7876605869
ROSKILDE BANK      ROSK DC        -532863325.9     7876605869
ROSKILDE BANK      ROSKF US       -532863325.9     7876605869
ROSKILDE BANK      ROSK PZ        -532863325.9     7876605869
ROSKILDE BANK      ROSBF US       -532863325.9     7876605869
ROSKILDE BANK      RKI GR         -532863325.9     7876605869
ROSKILDE BANK      RSKC IX        -532863325.9     7876605869
ROSKILDE BANK      ROSK EO        -532863325.9     7876605869
ROSKILDE BANK-RT   916603Q DC     -532863325.9     7876605869
ROSYTH ROYAL DOC   2184524Z LN    -63165615.71    165882297.4
ROTTERDAM LEISUR   3822680Z NA    -121031.0998    120401466.1
RUSSIAN TEXT-CLS   ALRT* RU       -15214268.73      144581794
RUSSIAN TEXT-CLS   ALRTG RU       -15214268.73      144581794
S&T SYSTEM I-ADR   STSQY US       -38840367.34    182827447.9
S&T SYSTEM INTEG   STSQF US       -38840367.34    182827447.9
S&T SYSTEM INTEG   SNT AV         -38840367.34    182827447.9
S&T SYSTEM INTEG   SYA EX         -38840367.34    182827447.9
S&T SYSTEM INTEG   SLSYF US       -38840367.34    182827447.9
S&T SYSTEM INTEG   0960262D GR    -38840367.34    182827447.9
S&T SYSTEM INTEG   SNTS ES        -38840367.34    182827447.9
S&T SYSTEM INTEG   SNTS IX        -38840367.34    182827447.9
S&T SYSTEM INTEG   SYAG IX        -38840367.34    182827447.9
S&T SYSTEM INTEG   SNTA PZ        -38840367.34    182827447.9
S&T SYSTEM INTEG   SNT EU         -38840367.34    182827447.9
S&T SYSTEM INTEG   SNT EO         -38840367.34    182827447.9
SA DE SUPERMERCA   4373489Z SM    -24371663.66    162581700.7
SABENA SA          SABA BB        -85494497.66     2215341060
SAPPI EUROPE SA    3732894Z BB    -122111348.6    156331971.4
SCANDINAVIAN BRA   SBS1EUR EO     -15214157.39    146307717.3
SCANDINAVIAN BRA   SBS1 EO        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBSD PZ        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBS1 BY        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBS1 TQ        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBS1 EU        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBSC B3        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBS1EUR EU     -15214157.39    146307717.3
SCANDINAVIAN BRA   SBSC IX        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBSC L3        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBSC S2        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBSC EB        -15214157.39    146307717.3
SCANDINAVIAN BRA   SBS DC         -15214157.39    146307717.3
SCHWEIZ NATB-REG   SWZNF US        -4267161939       5.52E+11
SCHWEIZ NATB-REG   SNBN IX         -4267161939       5.52E+11
SCHWEIZ NATB-REG   SNBN EB         -4267161939       5.52E+11
SCHWEIZ NATB-REG   SNBN TQ         -4267161939       5.52E+11
SCHWEIZ NATB-REG   SNBN EU         -4267161939       5.52E+11
SCHWEIZ NATB-REG   SNBN EO         -4267161939       5.52E+11
SCHWEIZ NATB-REG   SNBN SW         -4267161939       5.52E+11
SCHWEIZERISCH NA   SNBNZ S2        -4267161939       5.52E+11
SCHWEIZERISCH NA   SNBNZ B3        -4267161939       5.52E+11
SCHWEIZERISCH NA   SNBNZ L3        -4267161939       5.52E+11
SCOTTISHPOWER EN   2211292Z LN    -1949039.984     1678935474
SDR CENTREST       117241Q FP       -132420129    252176016.3
SDR PICARDIE       44428Q FP      -135351884.3    413398133.1
SEAFRANCE SA       1707464Z FP    -1015369.615    247030885.4
SEAT PAGINE        SEEA LN         -1824874893     1089606820
SEAT PAGINE        PG1 QM          -1824874893     1089606820
SEAT PAGINE        PG1 EO          -1824874893     1089606820
SEAT PAGINE        PG VX           -1824874893     1089606820
SEAT PAGINE        283147Q IM      -1824874893     1089606820
SEAT PAGINE        PG1GBP EO       -1824874893     1089606820
SEAT PAGINE        PGI1 IX         -1824874893     1089606820
SEAT PAGINE        PG1USD EO       -1824874893     1089606820
SEAT PAGINE        PG BQ           -1824874893     1089606820
SEAT PAGINE        PG PZ           -1824874893     1089606820
SEAT PAGINE        PG1GBX EO       -1824874893     1089606820
SEAT PAGINE        SP7 GR          -1824874893     1089606820
SEAT PAGINE        PG1USD EU       -1824874893     1089606820
SEAT PAGINE        PG1 EU          -1824874893     1089606820
SEAT PAGINE        PG IM           -1824874893     1089606820
SEAT PAGINE        PG1 NQ          -1824874893     1089606820
SEAT PAGINE        SPGMF US        -1824874893     1089606820
SEAT PAGINE        PG S1           -1824874893     1089606820
SEAT PAGINE        PG1 TQ          -1824874893     1089606820
SEAT PAGINE        PG1 EB          -1824874893     1089606820
SEAT PAGINE        PG1 NR          -1824874893     1089606820
SEAT PAGINE        SP7A GR         -1824874893     1089606820
SEAT PAGINE GIAL   PGM B3          -1824874893     1089606820
SEAT PAGINE GIAL   PGM S2          -1824874893     1089606820
SEAT PAGINE GIAL   PGM L3          -1824874893     1089606820
SEAT PAGINE-ADR    SPGMY US        -1824874893     1089606820
SEAT PAGINE-RSP    PGR EO          -1824874893     1089606820
SEAT PAGINE-RSP    0746311D PZ     -1824874893     1089606820
SEAT PAGINE-RSP    PGR IX          -1824874893     1089606820
SEAT PAGINE-RSP    SPGBF US        -1824874893     1089606820
SEAT PAGINE-RSP    PGRM L3         -1824874893     1089606820
SEAT PAGINE-RSP    PGRM S2         -1824874893     1089606820
SEAT PAGINE-RSP    PGRM B3         -1824874893     1089606820
SEAT PAGINE-RSP    PGR TQ          -1824874893     1089606820
SEAT PAGINE-RSP    PGR IM          -1824874893     1089606820
SEAT PAGINE-RSP    PGR EU          -1824874893     1089606820
SEAT-PAGINE GIAL   PGAP GR        -84834143.26    355814760.1
SEAT-PAGINE GIAL   SGLSF US       -84834143.26    355814760.1
SEAT-PAGINE GIAL   SPG FP         -84834143.26    355814760.1
SEAT-PAGINE GIAL   SPG IM         -84834143.26    355814760.1
SEAT-PAGINE-RNC    SPGR IM        -84834143.26    355814760.1
SEATPG AXA         PGAXA IM        -1824874893     1089606820
SECURE INCOME RE   0991780D LN    -182956902.1     2427346370
SECURE INCOME RE   SIR LN         -182956902.1     2427346370
SECURE INCOME RE   SIRGBX EU      -182956902.1     2427346370
SECURE INCOME RE   SIRGBX EO      -182956902.1     2427346370
SEDA DE BARCEL     SEDGBX EO        -716967355      694658120
SEDA DE BARCEL     SED IX           -716967355      694658120
SEDA DE BARCEL     SDY1 GR          -716967355      694658120
SEDA DE BARCEL     SED TQ           -716967355      694658120
SEDA DE BARCEL     SEDGBX EU        -716967355      694658120
SEDA DE BARCEL     SED EO           -716967355      694658120
SEDA DE BARCEL     SED EB           -716967355      694658120
SEDA DE BARCEL     SED EU           -716967355      694658120
SEDA DE BARCEL     SED S1           -716967355      694658120
SEDA DE BARCEL     SED SM           -716967355      694658120
SEDA DE BARCEL     SEDGBP EO        -716967355      694658120
SEDA DE BARCEL-A   SDB SM           -716967355      694658120
SEDA DE BARCEL-B   SED NR           -716967355      694658120
SEDA DE BARCEL-B   SDY GR           -716967355      694658120
SEDA DE BARCEL-B   SEDS PZ          -716967355      694658120
SEDA DE BARCEL-B   LSDBF US         -716967355      694658120
SEDA DE BARCEL-B   0882460D TQ      -716967355      694658120
SELONDA AQU-AUCT   SELOE GA       -52954130.32    290994550.7
SELONDA AQUACULT   SELO EO        -52954130.32    290994550.7
SELONDA AQUACULT   SELOY B3       -52954130.32    290994550.7
SELONDA AQUACULT   SELO EU        -52954130.32    290994550.7
SELONDA AQUACULT   SELOY S2       -52954130.32    290994550.7
SELONDA AQUACULT   SELO PZ        -52954130.32    290994550.7
SELONDA AQUACULT   SELO GA        -52954130.32    290994550.7
SELONDA AQUACULT   SELOY L3       -52954130.32    290994550.7
SELONDA FISHERIE   SELOR GA       -52954130.32    290994550.7
SERVICE POI-RTS    3452211Q SM    -92173952.82    105149402.3
SERVICE POINT      SPS TQ         -92173952.82    105149402.3
SERVICE POINT      SPS IX         -92173952.82    105149402.3
SERVICE POINT      SPS EO         -92173952.82    105149402.3
SERVICE POINT      SPS S1         -92173952.82    105149402.3
SERVICE POINT      SPS EU         -92173952.82    105149402.3
SERVICE POINT      SPS EB         -92173952.82    105149402.3
SERVICE POINT      SPS1 PZ        -92173952.82    105149402.3
SERVICE POINT      GPPA GR        -92173952.82    105149402.3
SERVICE POINT      SPS SM         -92173952.82    105149402.3
SERVICE POINT SO   GPCKF US       -92173952.82    105149402.3
SERVICE POINT SO   SPSE L3        -92173952.82    105149402.3
SERVICE POINT SO   SPSL VX        -92173952.82    105149402.3
SERVICE POINT SO   SPSE S2        -92173952.82    105149402.3
SERVICE POINT SO   SPSE B3        -92173952.82    105149402.3
SERVICE POINT SO   GPP GR         -92173952.82    105149402.3
SERVICE POINT SO   8230641Q SM    -92173952.82    105149402.3
SERVICE POINT-N    SPS/N SM       -92173952.82    105149402.3
SERVICE POINT-RT   SPS/B SM       -92173952.82    105149402.3
SERVICE POINT-RT   2670737Q SM    -92173952.82    105149402.3
SERVICE POINT-RT   SVPUF US       -92173952.82    105149402.3
SERVICE POINT-RT   SPS/D SM       -92173952.82    105149402.3
SERVICO DE SAUDE   3790200Z PL    -196629155.9    607613361.3
SETON HEALTHCARE   2290Z LN       -10585505.26    156827663.2
SETUZA AS          2994763Q EU    -61453559.45    138581811.9
SETUZA AS          2994755Q EU    -61453559.45    138581811.9
SETUZA AS          2994759Q EO    -61453559.45    138581811.9
SETUZA AS          SETUZA PZ      -61453559.45    138581811.9
SETUZA AS          2994767Q EO    -61453559.45    138581811.9
SETUZA AS          SZA EX         -61453559.45    138581811.9
SETUZA AS          SZA GR         -61453559.45    138581811.9
SETUZA AS          SETU IX        -61453559.45    138581811.9
SETUZA AS          SETUZA CP      -61453559.45    138581811.9
SEVERNAYA KAZNA    SVKB* RU       -65841683.17    279147737.1
SEVERNAYA KAZNA    SVKB RU        -65841683.17    279147737.1
SEVKABEL-FINANS    SVKF RU        -83036.45789    102680368.9
SFAKIANAKIS S.A.   SFAY S2        -39267918.53    463104354.4
SFAKIANAKIS S.A.   SFAY L3        -39267918.53    463104354.4
SFAKIANAKIS S.A.   SFAY B3        -39267918.53    463104354.4
SFAKIANAKIS SA     SFA GA         -39267918.53    463104354.4
SFAKIANAKIS SA     SFAG PZ        -39267918.53    463104354.4
SFAKIANAKIS SA     SFA EU         -39267918.53    463104354.4
SFAKIANAKIS SA     SFA EO         -39267918.53    463104354.4
SFAKIANAKIS-AUC    SFAE GA        -39267918.53    463104354.4
SFI GROUP PLC      SUF LN         -108070418.7    177652965.6
SFI GROUP PLC      SUYFF US       -108070418.7    177652965.6
SGAL-SOCIEDADE G   4473915Z PL    -121711881.8      518682472
SHEET ANCHOR FRA   4745417Z FP    -1306930.585    146330806.8
SHELL ESPANA SA    4514247Z SM    -293761250.9    183588746.2
SHELMAN            SWH GR         -8106820.918    269503085.6
SHELMAN            SELMK GA       -8106820.918    269503085.6
SHELMAN            3001167Q GR    -8106820.918    269503085.6
SHELMAN            SELMK EO       -8106820.918    269503085.6
SHELMAN            SELMK PZ       -8106820.918    269503085.6
SHELMAN            SELMK EU       -8106820.918    269503085.6
SHELMAN -RTS       4466796Q GA    -8106820.918    269503085.6
SHELMAN HELLENIC   SELMKY B3      -8106820.918    269503085.6
SHELMAN HELLENIC   SELMKY S2      -8106820.918    269503085.6
SHELMAN HELLENIC   SELMKY L3      -8106820.918    269503085.6
SHELMAN-PFD        SELMP GA       -8106820.918    269503085.6
SHELMAN-PFD        SWH3 GR        -8106820.918    269503085.6
SHELMAN-RTS        SELMKR GA      -8106820.918    269503085.6
SIDMA SA           SIDMA EU       -6013172.151    182480246.2
SIDMA SA           SIDMAY B3      -6013172.151    182480246.2
SIDMA SA           SIDMA PZ       -6013172.151    182480246.2
SIDMA SA           SIDMAY S2      -6013172.151    182480246.2
SIDMA SA           SIDMA EO       -6013172.151    182480246.2
SIDMA SA           SIDMA GA       -6013172.151    182480246.2
SIDMA SA           SIDMAY L3      -6013172.151    182480246.2
SIEMENS TRANSMIS   4678865Z FP    -30490786.14    344619846.7
SIEMENS VAI META   4634441Z FP     -1582460.45    139901607.2
SIFAS              SIFAS TI       -15438691.22    130603844.8
SIMED HEALTH CAR   3775544Z NA    -34197.38617    130252722.2
SINNLEFFERS AG     WHG GR         -4491635.615    453887060.1
SIS INTL           SIS DC         -31099624.83    338785645.1
SIS INTL           SK DC          -31099624.83    338785645.1
SIS INTL-NEW       SKN DC         -31099624.83    338785645.1
SISAL GROUP SPA    0775998D IM    -69603688.38     2259110767
SITA NV            4037469Z NA    -13967000.11     1071182037
SITROL CONC-ADR    STRLY US       -119433664.7    940394639.1
SITROL CONC-ADR    SVX EX         -119433664.7    940394639.1
SKANDIA LIFE BUS   1451642Z LN    -8125872.532    125021169.8
SKYEPHAR-RTS F/P   SKPF VX          -104472798    111306047.8
SKYEPHAR-RTS F/P   SKPF LN          -104472798    111306047.8
SKYEPHAR-RTS N/P   SKPN LN          -104472798    111306047.8
SKYEPHAR-RTS N/P   SKPN VX          -104472798    111306047.8
SKYEPHAR-SUB SHS   0966322D LN      -104472798    111306047.8
SKYEPHARMA -SUB    2976665Z LN      -104472798    111306047.8
SKYEPHARMA PLC     SKP8 EO          -104472798    111306047.8
SKYEPHARMA PLC     SKP VX           -104472798    111306047.8
SKYEPHARMA PLC     SKP1 EO          -104472798    111306047.8
SKYEPHARMA PLC     SKP PO           -104472798    111306047.8
SKYEPHARMA PLC     SKPL B3          -104472798    111306047.8
SKYEPHARMA PLC     SKP4 EO          -104472798    111306047.8
SKYEPHARMA PLC     SKP3 EO          -104472798    111306047.8
SKYEPHARMA PLC     SKP TQ           -104472798    111306047.8
SKYEPHARMA PLC     SKP7 EO          -104472798    111306047.8
SKYEPHARMA PLC     SKPL S1          -104472798    111306047.8
SKYEPHARMA PLC     SKP IX           -104472798    111306047.8
SKYEPHARMA PLC     SKP6 EO          -104472798    111306047.8
SKYEPHARMA PLC     SKP LN           -104472798    111306047.8
SKYEPHARMA PLC     SKP EU           -104472798    111306047.8
SKYEPHARMA PLC     SKP2 EO          -104472798    111306047.8
SKYEPHARMA PLC     SKPGBP EO        -104472798    111306047.8
SKYEPHARMA PLC     SKPEUR EU        -104472798    111306047.8
SKYEPHARMA PLC     SKP PZ           -104472798    111306047.8
SKYEPHARMA PLC     SKP9 EO          -104472798    111306047.8
SKYEPHARMA PLC     0746133D PZ      -104472798    111306047.8
SKYEPHARMA PLC     SK8C GR          -104472798    111306047.8
SKYEPHARMA PLC     SKPEUR EO        -104472798    111306047.8
SKYEPHARMA PLC     SKP BQ           -104472798    111306047.8
SKYEPHARMA PLC     SKPL S2          -104472798    111306047.8
SKYEPHARMA PLC     SK8A GR          -104472798    111306047.8
SKYEPHARMA PLC     SKP EO           -104472798    111306047.8
SKYEPHARMA PLC     SKP10 EO         -104472798    111306047.8
SKYEPHARMA PLC     SKYEF US         -104472798    111306047.8
SKYEPHARMA PLC     SKP1 VX          -104472798    111306047.8
SKYEPHARMA PLC     SKP5 EO          -104472798    111306047.8
SKYEPHARMA PLC     SKPL L3          -104472798    111306047.8
SKYEPHARMA-ADR     SKYE US          -104472798    111306047.8
SKYEPHARMA-ADR     SKYEY US         -104472798    111306047.8
SKYEPHARMA-ADR     SKYPY US         -104472798    111306047.8
SKYEPHARMA-ADR     SK8 GR           -104472798    111306047.8
SKYEPHARMA-ADR     AP80 LI          -104472798    111306047.8
SKYEPHARMA-ADR     SK8N GR          -104472798    111306047.8
SKYEUROPE          SKYP PW        -89483677.73      159082240
SKYEUROPE          SKY PW         -89483677.73      159082240
SKYEUROPE HLDG     0619064D GR    -89483677.73      159082240
SKYEUROPE HLDG     SKY AV         -89483677.73      159082240
SKYEUROPE HLDG     SKY EO         -89483677.73      159082240
SKYEUROPE HLDG     SKYPLN EU      -89483677.73      159082240
SKYEUROPE HLDG     SKY LI         -89483677.73      159082240
SKYEUROPE HLDG     SKYV IX        -89483677.73      159082240
SKYEUROPE HLDG     SKYA PZ        -89483677.73      159082240
SKYEUROPE HLDG     SKURF US       -89483677.73      159082240
SKYEUROPE HLDG     SKYPLN EO      -89483677.73      159082240
SKYEUROPE HLDG     SKY EU         -89483677.73      159082240
SKYEUROPE HOL-RT   SK1 AV         -89483677.73      159082240
SLOVENSKE ENERGE   SES EU         -23148900.63    177594994.7
SLOVENSKE ENERGE   SES SK         -23148900.63    177594994.7
SLOVENSKE ENERGE   1SES2T L3      -23148900.63    177594994.7
SLOVENSKE ENERGE   SES02 SK       -23148900.63    177594994.7
SLOVENSKE ENERGE   1SES2T B3      -23148900.63    177594994.7
SLOVENSKE ENERGE   1SES1T B3      -23148900.63    177594994.7
SLOVENSKE ENERGE   1SES2T S2      -23148900.63    177594994.7
SLOVENSKE ENERGE   1SES1T S2      -23148900.63    177594994.7
SLOVENSKE ENERGE   1SES01A PZ     -23148900.63    177594994.7
SLOVENSKE ENERGE   SES02 EO       -23148900.63    177594994.7
SLOVENSKE ENERGE   SES02 EU       -23148900.63    177594994.7
SLOVENSKE ENERGE   1SES1T L3      -23148900.63    177594994.7
SLOVENSKE ENERGE   SES EO         -23148900.63    177594994.7
SMITHS HEIMANN S   4513283Z FP    -19134635.11    123528857.5
SMITHS NEWS PLC    NWS1 EU         -88064132.7    447285313.7
SMITHS NEWS PLC    NWS1 EO         -88064132.7    447285313.7
SMITHS NEWS PLC    NWS4 EO         -88064132.7    447285313.7
SMITHS NEWS PLC    NWS1GBP EO      -88064132.7    447285313.7
SMITHS NEWS PLC    NWS LN          -88064132.7    447285313.7
SMITHS NEWS PLC    NWS PO          -88064132.7    447285313.7
SMITHS NEWS PLC    NWS11 EO        -88064132.7    447285313.7
SMITHS NEWS PLC    SMWPF US        -88064132.7    447285313.7
SMITHS NEWS PLC    NWS2 EO         -88064132.7    447285313.7
SMITHS NEWS PLC    NWS PZ          -88064132.7    447285313.7
SMITHS NEWS PLC    NWS7 EO         -88064132.7    447285313.7
SMITHS NEWS PLC    NWS2EUR EO      -88064132.7    447285313.7
SMITHS NEWS PLC    NWS13 EO        -88064132.7    447285313.7
SMITHS NEWS PLC    NWS VX          -88064132.7    447285313.7
SMITHS NEWS PLC    NWS5 EO         -88064132.7    447285313.7
SMITHS NEWS PLC    NWS10 EO        -88064132.7    447285313.7
SMITHS NEWS PLC    NWS8 EO         -88064132.7    447285313.7
SMITHS NEWS PLC    NWS2GBP EO      -88064132.7    447285313.7
SMITHS NEWS PLC    NWS9 EO         -88064132.7    447285313.7
SMITHS NEWS PLC    NWS IX          -88064132.7    447285313.7
SMITHS NEWS PLC    NWS12 EO        -88064132.7    447285313.7
SMITHS NEWS PLC    NWS6 EO         -88064132.7    447285313.7
SMITHS NEWS PLC    NWS2EUR EU      -88064132.7    447285313.7
SNC L EQUIPE       4698761Z FP     -20855303.6    128912614.3
SNCB HOLDING       SNCBPD BB      -893745521.6    37018974117
SNCB HOLDING       SNCVP BB       -893745521.6    37018974117
SNCB HOLDING-1     0742715D BB    -893745521.6    37018974117
SNCB HOLDING-2     0742716D BB    -893745521.6    37018974117
SNCB HOLDING-DVD   0742717D BB    -893745521.6    37018974117
SNCB HOLDING-ORD   0742718D BB    -893745521.6    37018974117
SNCB-JOUISSANCE    146453Z BB     -893745521.6    37018974117
SNCB-PRIV HOLLAN   SNCBPB BB      -893745521.6    37018974117
SNCB-PRIV SUISSE   SNCBPA BB      -893745521.6    37018974117
SNIA BPD           SN GR          -141935918.3    150447396.9
SNIA BPD-ADR       SBPDY US       -141935918.3    150447396.9
SNIA SPA           SN EU          -141935918.3    150447396.9
SNIA SPA           SIAI IX        -141935918.3    150447396.9
SNIA SPA           SN EO          -141935918.3    150447396.9
SNIA SPA           SNIXF US       -141935918.3    150447396.9
SNIA SPA           SNIB GR        -141935918.3    150447396.9
SNIA SPA           SN TQ          -141935918.3    150447396.9
SNIA SPA           SNIA GR        -141935918.3    150447396.9
SNIA SPA           SBPDF US       -141935918.3    150447396.9
SNIA SPA           SSMLF US       -141935918.3    150447396.9
SNIA SPA           SN IM          -141935918.3    150447396.9
SNIA SPA           SIAI PZ        -141935918.3    150447396.9
SNIA SPA - RTS     SNAAW IM       -141935918.3    150447396.9
SNIA SPA- RTS      SNAXW IM       -141935918.3    150447396.9
SNIA SPA-2003 SH   SN03 IM        -141935918.3    150447396.9
SNIA SPA-CONV SA   SPBDF US       -141935918.3    150447396.9
SNIA SPA-DRC       SNR00 IM       -141935918.3    150447396.9
SNIA SPA-NEW       SN00 IM        -141935918.3    150447396.9
SNIA SPA-NON CON   SPBNF US       -141935918.3    150447396.9
SNIA SPA-RCV       SNIVF US       -141935918.3    150447396.9
SNIA SPA-RCV       SNR IM         -141935918.3    150447396.9
SNIA SPA-RIGHTS    SNAW IM        -141935918.3    150447396.9
SNIA SPA-RNC       SNIWF US       -141935918.3    150447396.9
SNIA SPA-RNC       SNRNC IM       -141935918.3    150447396.9
SNIA SPA-RTS       SNSO IM        -141935918.3    150447396.9
SNIA SPA-RTS       SNAA IM        -141935918.3    150447396.9
SOCIEDADE DE CON   3903002Z PL    -18190940.15    130209277.6
SOCIEDADE DE TRA   1253Z PL       -583270000.3    125409558.7
SOCIETE D'AGENCE   4741441Z FP    -43587917.41    235960903.5
SOCIETE DES AUTO   ARR1 VX        -67014542.48    11134617648
SOCIETE DES AUTO   ARR1 PZ        -67014542.48    11134617648
SOCIETE DES AUTO   ARRGBX EO      -67014542.48    11134617648
SOCIETE DES AUTO   ARR BQ         -67014542.48    11134617648
SOCIETE DES AUTO   RK9 GR         -67014542.48    11134617648
SOCIETE DES AUTO   SEAUF US       -67014542.48    11134617648
SOCIETE DES AUTO   ARRGBP EO      -67014542.48    11134617648
SOCIETE DES-ADR    SEAUY US       -67014542.48    11134617648
SOCIETE FINANCIE   SFAL FP        -304909149.1     6618643415
SODERAG            SDRA FP        -2861533.316    404179878.4
SODERAG-NEW        SDRN FP        -2861533.316    404179878.4
SOGARA FRANCE      4674897Z FP    -112661311.2    297852595.4
SOLOCAL GROU-RTS   LOCDSEUR EU     -2574016244     1103160018
SOLOCAL GROU-RTS   LOCDS FP        -2574016244     1103160018
SOLOCAL GROU-RTS   LOCDSEUR EO     -2574016244     1103160018
SOLOCAL GROU-RTS   LOCDS TQ        -2574016244     1103160018
SOLOCAL GROUP      PAJ QM          -2574016244     1103160018
SOLOCAL GROUP      LOCALP L3       -2574016244     1103160018
SOLOCAL GROUP      QS3 TH          -2574016244     1103160018
SOLOCAL GROUP      PAJ EO          -2574016244     1103160018
SOLOCAL GROUP      LOCAL TQ        -2574016244     1103160018
SOLOCAL GROUP      LOCAL FP        -2574016244     1103160018
SOLOCAL GROUP      PAJGBX EU       -2574016244     1103160018
SOLOCAL GROUP      PAJUSD EO       -2574016244     1103160018
SOLOCAL GROUP      QS3 GR          -2574016244     1103160018
SOLOCAL GROUP      PAJ GK          -2574016244     1103160018
SOLOCAL GROUP      LOCAL EU        -2574016244     1103160018
SOLOCAL GROUP      LOCALP S2       -2574016244     1103160018
SOLOCAL GROUP      PAJGBX EO       -2574016244     1103160018
SOLOCAL GROUP      PAJUSD EU       -2574016244     1103160018
SOLOCAL GROUP      LOCAL IX        -2574016244     1103160018
SOLOCAL GROUP      PAJ BQ          -2574016244     1103160018
SOLOCAL GROUP      PAJ EU          -2574016244     1103160018
SOLOCAL GROUP      PAJ EB          -2574016244     1103160018
SOLOCAL GROUP      PAJ TQ          -2574016244     1103160018
SOLOCAL GROUP      PAJ IX          -2574016244     1103160018
SOLOCAL GROUP      LOCAL EB        -2574016244     1103160018
SOLOCAL GROUP      LOCALP B3       -2574016244     1103160018
SOLOCAL GROUP      LOCAL QX        -2574016244     1103160018
SOLOCAL GROUP      PAJ S1          -2574016244     1103160018
SOLOCAL GROUP      PAJGBP EO       -2574016244     1103160018
SOLON AG FU-MEW    532564Q GR     -138663225.9    627116116.4
SOLON AG FUE-NEW   SOO4 GR        -138663225.9    627116116.4
SOLON AG FUE-NEW   SOO3 GR        -138663225.9    627116116.4
SOLON AG FUE-NEW   SOOJ GR        -138663225.9    627116116.4
SOLON AG FUE-RTS   2292896Z 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 SE           SOO1 EO        -138663225.9    627116116.4
SOLON SE           SOON EU        -138663225.9    627116116.4
SOLON SE           SOO1USD EU     -138663225.9    627116116.4
SOLON SE           SGFRF US       -138663225.9    627116116.4
SOLON SE           SNBZF US       -138663225.9    627116116.4
SOLON SE           SOO1 GR        -138663225.9    627116116.4
SOLON SE           SOO1 BQ        -138663225.9    627116116.4
SOLON SE           SOO1 TQ        -138663225.9    627116116.4
SOLON SE           SOO1 PZ        -138663225.9    627116116.4
SOLON SE           SOO1USD EO     -138663225.9    627116116.4
SOLON SE           SOO1 EU        -138663225.9    627116116.4
SOLON SE           SOON GR        -138663225.9    627116116.4
SOLON SE           SOO1 TH        -138663225.9    627116116.4
SOLON SE           SOO1 S1        -138663225.9    627116116.4
SOLON SE           SOON EO        -138663225.9    627116116.4
SOLON SE-RTS       3664247Z GR    -138663225.9    627116116.4
SOMERSTON HOTELS   1231735Z LN    -41262222.44    103352288.9
SOMERSTON HOTELS   1167535Z LN    -189322116.8    379519378.5
SONY COMPUTER EN   3893902Z LN    -484038262.1     1249348085
SONY EUROPE LTD    1591658Z LN     -1422571087     1480717806
SOPAF SPA          SSZ HK            -24220244    153759286.6
SOPAF SPA          SOCAF US          -24220244    153759286.6
SOPAF SPA          SPF EB            -24220244    153759286.6
SOPAF SPA          SPF EO            -24220244    153759286.6
SOPAF SPA          SPF TQ            -24220244    153759286.6
SOPAF SPA          SOPAF US          -24220244    153759286.6
SOPAF SPA          SPF EU            -24220244    153759286.6
SOPAF SPA          SPF QM            -24220244    153759286.6
SOPAF SPA          SPF PZ            -24220244    153759286.6
SOPAF SPA          SPF IM            -24220244    153759286.6
SOPAF SPA          SPF BQ            -24220244    153759286.6
SOPAF SPA          SPFI IX           -24220244    153759286.6
SOPAF SPA-NEW 97   SPF97 IM          -24220244    153759286.6
SOPAF SPA-RNC      SOPCF US          -24220244    153759286.6
SOPAF SPA-RNC      SPFN IM           -24220244    153759286.6
SOPAF SPA-RT       SPFOB IM          -24220244    153759286.6
SOUTHERN CROSS     SCHE EO        -456945463.9      226544692
SOUTHERN CROSS     SCHE VX        -456945463.9      226544692
SOUTHERN CROSS     SCHE EU        -456945463.9      226544692
SOUTHERN CROSS     SCHEUSD EO     -456945463.9      226544692
SOUTHERN CROSS     SCHEGBP EO     -456945463.9      226544692
SOUTHERN CROSS     SCHE PO        -456945463.9      226544692
SOUTHERN CROSS     SCHE IX        -456945463.9      226544692
SOUTHERN CROSS     SCHE LN        -456945463.9      226544692
SOUTHERN CROSS     SCH4 EO        -456945463.9      226544692
SOUTHERN CROSS     SCHE8 EO       -456945463.9      226544692
SOUTHERN CROSS     SCHEEUR EO     -456945463.9      226544692
SOUTHERN CROSS     F2Z TH         -456945463.9      226544692
SOUTHERN CROSS     SCHE BQ        -456945463.9      226544692
SOUTHERN CROSS     SCHE6 EO       -456945463.9      226544692
SOUTHERN CROSS     SCHE NQ        -456945463.9      226544692
SOUTHERN CROSS     SCHE S1        -456945463.9      226544692
SOUTHERN CROSS     SCH3 EO        -456945463.9      226544692
SOUTHERN CROSS     SCHE4 EO       -456945463.9      226544692
SOUTHERN CROSS     SCHE5 EO       -456945463.9      226544692
SOUTHERN CROSS     SCHE EB        -456945463.9      226544692
SOUTHERN CROSS     SCHE7 EO       -456945463.9      226544692
SOUTHERN CROSS     SCHE NR        -456945463.9      226544692
SOUTHERN CROSS     SOCHF US       -456945463.9      226544692
SOUTHERN CROSS     SCHE2 EO       -456945463.9      226544692
SOUTHERN CROSS     SCHE TQ        -456945463.9      226544692
SOUTHERN CROSS     F2Z GR         -456945463.9      226544692
SOUTHERN CROSS     SCH5 EO        -456945463.9      226544692
SOUTHERN CROSS     SCHEUSD EU     -456945463.9      226544692
SOUTHERN CROSS     SCHE QM        -456945463.9      226544692
SOUTHERN CROSS     SCHEEUR EU     -456945463.9      226544692
SOUTHERN CROSS     SCHE3 EO       -456945463.9      226544692
SOUTHERN CROSS     SCHE PZ        -456945463.9      226544692
SOUTHERN ELE-ADR   SOELY US         -267583953     1807293418
SOUTHERN ELEC      619136Q LN       -267583953     1807293418
SOUTHERN ELEC-B    SELB LN          -267583953     1807293418
SPANAIR            1174Z SM       -224908325.6    350100970.3
SPAR HAND-PFD NV   SPA3 GR        -442426239.7     1433020961
SPAR HANDELS-AG    773844Q GR     -442426239.7     1433020961
SPAR HANDELS-AG    SPHFF US       -442426239.7     1433020961
SPENCER DOCK DEV   3813908Z ID       -87906519      773958702
SPIE BATIGNOLLES   SPIE FP        -15843540.88     5280931385
SPIRE HEALTHC PL   SPI1GBX EO     -424420919.6     2675077678
SPIRE HEALTHC PL   SPI1GBX EU     -424420919.6     2675077678
SPIRE HEALTHC PL   SPIL TQ        -424420919.6     2675077678
SPIRE HEALTHC PL   SPIL IX        -424420919.6     2675077678
SPIRE HEALTHC PL   S00 GR         -424420919.6     2675077678
SPIRE HEALTHC PL   SPIL EB        -424420919.6     2675077678
SPIRE HEALTHC PL   SPI LN         -424420919.6     2675077678
SPIRE HEALTHCARE   1025367D LN    -424420919.6     2675077678
SPORT LISBOA E B   1249Z PL       -30964161.95    541880910.3
SPORT LISBOA E B   SLBENU S2      -30964161.95    541880910.3
SPORT LISBOA E B   SLBENU L3      -30964161.95    541880910.3
SPORT LISBOA E B   SLBENU B3      -30964161.95    541880910.3
SPRINGER SCIENCE   648808Z GR     -664638301.8     3767996594
SQUARE ENIX LTD    1826770Z LN    -332218913.1    298496661.4
SSP GROUP LTD      3566446Z LN    -315730322.4     1992289134
SSP GROUP PLC      SSPGL EB       -315730322.4     1992289134
SSP GROUP PLC      SSPGGBX EO     -315730322.4     1992289134
SSP GROUP PLC      SSPG LN        -315730322.4     1992289134
SSP GROUP PLC      SSPGGBX EU     -315730322.4     1992289134
SSP GROUP PLC      83S GR         -315730322.4     1992289134
SSP GROUP PLC      SSPGL S1       -315730322.4     1992289134
SSP GROUP PLC      SSPGL IX       -315730322.4     1992289134
ST FIACRE (FIN)    132143Q FP     -1274873.644    111191494.1
ST GOBAIN SEKURI   3737571Z BB    -71323279.72    142248917.8
STAGECOACH SERVI   1584258Z LN    -10812732.14    260459727.4
STAPLES UK RETAI   1592994Z LN    -80237154.66      170116799
START FUNDING NO   3816392Z ID    -49647004.37    505142087.3
STEMCOR UK LTD     1071106Z LN      -139791008      244452000
STIROL CONC -ADR   SVX GR         -119433664.7    940394639.1
STIROL CONC -ADR   STIR009 RU     -119433664.7    940394639.1
STIROL CONC -ADR   SRLLY US       -119433664.7    940394639.1
STIROL CONC -ADR   SVXF IX        -119433664.7    940394639.1
STIROL CONCERN     STRLF US       -119433664.7    940394639.1
STIROL CONCERN     STIR UZ        -119433664.7    940394639.1
STIROL CONCERN     SRLLF US       -119433664.7    940394639.1
STJAMES'S PLACE    4451825Z LN    -69492713.34    762546232.1
STOREBRAND EIEND   4288341Z NO     -1122201535     3712340671
SUMITOMO ELECTRI   4512059Z LN    -20488938.23      502804063
SUN CHEMICAL LTD   2569274Z LN    -7896860.334    228952115.7
SUN VALLEY FOODS   2346003Z LN    -10931349.79    194740084.6
SUNDERLAND ASSOC   1274418Z LN    -55274632.43    153207257.5
SUSQUEHANNA EURO   4459081Z ID     -1526322048     6118562816
SUZLON WIND ENER   3985532Z DC    -50030921.82    151671945.3
SUZLON WIND ENER   3809140Z SM    -4604655.096    154658232.2
SVOBODNY SOKOL     LMZSS RU       -41208689.47    113787633.5
SWEDBANK OJSC      SWED UZ        -44198510.26    336243971.2
SWEDISH M-UN ADR   SWMAY US       -121242024.4     2205528534
SWEDISH MA-RE RT   SWMASR SS      -121242024.4     2205528534
SWEDISH MAT-ADR    3053566Q US    -121242024.4     2205528534
SWEDISH MAT-ADR    SWMA GR        -121242024.4     2205528534
SWEDISH MAT-RTS    SWMYR US       -121242024.4     2205528534
SWEDISH MATCH      SWD LI         -121242024.4     2205528534
SWEDISH MATCH AB   SWMA EU        -121242024.4     2205528534
SWEDISH MATCH AB   SWMA NQ        -121242024.4     2205528534
SWEDISH MATCH AB   SWMD L3        -121242024.4     2205528534
SWEDISH MATCH AB   SWMA LI        -121242024.4     2205528534
SWEDISH MATCH AB   SWMD S2        -121242024.4     2205528534
SWEDISH MATCH AB   SWMA EB        -121242024.4     2205528534
SWEDISH MATCH AB   SWMA SS        -121242024.4     2205528534
SWEDISH MATCH AB   SWMAUSD EO     -121242024.4     2205528534
SWEDISH MATCH AB   SWMA EO        -121242024.4     2205528534
SWEDISH MATCH AB   SWMA NR        -121242024.4     2205528534
SWEDISH MATCH AB   SWMAS S2       -121242024.4     2205528534
SWEDISH MATCH AB   SWMDF US       -121242024.4     2205528534
SWEDISH MATCH AB   SWMA QM        -121242024.4     2205528534
SWEDISH MATCH AB   SWMA PZ        -121242024.4     2205528534
SWEDISH MATCH AB   SWM TH         -121242024.4     2205528534
SWEDISH MATCH AB   SWMA IX        -121242024.4     2205528534
SWEDISH MATCH AB   SWMAF US       -121242024.4     2205528534
SWEDISH MATCH AB   SWMD B3        -121242024.4     2205528534
SWEDISH MATCH AB   SWMA S1        -121242024.4     2205528534
SWEDISH MATCH AB   SWMA TQ        -121242024.4     2205528534
SWEDISH MATCH AB   SWM VX         -121242024.4     2205528534
SWEDISH MATCH AB   SWMAGBX EU     -121242024.4     2205528534
SWEDISH MATCH AB   SWMAGBX EO     -121242024.4     2205528534
SWEDISH MATCH AB   SWMA GK        -121242024.4     2205528534
SWEDISH MATCH AB   SWMAS L3       -121242024.4     2205528534
SWEDISH MATCH AB   SWMA BY        -121242024.4     2205528534
SWEDISH MATCH AB   SWMAS B3       -121242024.4     2205528534
SWEDISH MATCH AB   SWMA BQ        -121242024.4     2205528534
SWEDISH MATCH AB   SWMAEUR EO     -121242024.4     2205528534
SWEDISH MATCH AB   SWM GR         -121242024.4     2205528534
SWEDISH MATCH AB   SWMAUSD EU     -121242024.4     2205528534
SWEDISH MATCH AB   SWMAEUR EU     -121242024.4     2205528534
SWEDISH MATCH AB   SWMA QX        -121242024.4     2205528534
SWEDISH MATCH AB   SWMA SW        -121242024.4     2205528534
SWEDISH MATCH AB   SWMAGBP EO     -121242024.4     2205528534
SWEDISH MATCH- B   SWMWF US       -121242024.4     2205528534
SWEDISH MATCH-B    3033P US       -121242024.4     2205528534
SWIFT TECHNICAL    4287133Z LN    -30630787.54    151146426.5
SWISS NATIONBANK   SN SW           -4267161939       5.52E+11
T BANK             TBANK GA       -46224213.41     3486115450
T BANK             TBANK EO       -46224213.41     3486115450
T BANK             ASPT EU        -46224213.41     3486115450
T BANK             ASPT GA        -46224213.41     3486115450
T BANK             TBANK EU       -46224213.41     3486115450
T BANK             ASPT EO        -46224213.41     3486115450
T BANK             ASPT PZ        -46224213.41     3486115450
TA TRIUMPH-A-RTS   1018916Z GR    -124531131.9    313411495.3
TA TRIUMPH-ACQ     TWNA GR        -124531131.9    313411495.3
TA TRIUMPH-ACQ     TWNA EU        -124531131.9    313411495.3
TA TRIUMPH-ADLER   TWNG IX        -124531131.9    313411495.3
TA TRIUMPH-ADLER   TWN EO         -124531131.9    313411495.3
TA TRIUMPH-ADLER   0292922D GR    -124531131.9    313411495.3
TA TRIUMPH-ADLER   TWN EU         -124531131.9    313411495.3
TA TRIUMPH-ADLER   TWN PZ         -124531131.9    313411495.3
TA TRIUMPH-ADLER   TTZAF US       -124531131.9    313411495.3
TA TRIUMPH-NEW     TWN1 GR        -124531131.9    313411495.3
TA TRIUMPH-RT      TWN8 GR        -124531131.9    313411495.3
TA TRIUMPH-RTS     3158577Q GR    -124531131.9    313411495.3
TABASA INFRAESTR   3747640Z SM      -174949990    118045845.5
TABLEROS DE FI-N   TFI/N SM       -3977144.266    206497154.6
TABLEROS DE FI-R   TFI/D SM       -3977144.266    206497154.6
TABLEROS DE FIBR   TRFSF US       -3977144.266    206497154.6
TAFISA             TFI SM         -3977144.266    206497154.6
TAKEDA IRELAND L   4506443Z ID    -223676175.6    345943597.1
TAKEDA PHARMA IR   4460049Z ID    -553964898.1    178556098.5
TAKKER EUROPA AP   3972332Z DC    -83653640.05    206327420.9
TALISMAN ENERGY    3641763Z NO    -331083562.7     2451136755
TAP SGPS           TAP PL           -502548349     2178435425
TATA CHEMICALS     1626874Z LN    -6488265.073    183288170.1
TATA CMMNCTNS UK   2534722Z LN       -75280704      149990416
TAVEX - RTS        ASA/D SM       -10622070.67      655950832
TAVEX ALGODO-RTS   613781Q SM     -10622070.67      655950832
TAVEX ALGODO-RTS   2773473Q SM    -10622070.67      655950832
TAVEX ALGODON-NE   ASA/N SM       -10622070.67      655950832
TAVEX ALGODONERA   ASA PZ         -10622070.67      655950832
TAVEX ALGODONERA   ASA EU         -10622070.67      655950832
TAVEX ALGODONERA   ASA EO         -10622070.67      655950832
TAVEX ALGODONERA   ASA SM         -10622070.67      655950832
TEAM PARTNER-RTS   633323Q FP     -13557467.93      129831049
TEAM PARTNER-RTS   2841653Q FP    -13557467.93      129831049
TEAM PARTNERS      TIP PZ         -13557467.93      129831049
TEAM PARTNERS      2347985Q EO    -13557467.93      129831049
TEAM PARTNERS      2347981Q EU    -13557467.93      129831049
TEAM PARTNERS      TIP FP         -13557467.93      129831049
TEAM PARTNERS      TPTRF US       -13557467.93      129831049
TEAM PARTNERS      TPGY IX        -13557467.93      129831049
TEAM PARTNERS GR   TIPA EO        -13557467.93      129831049
TEAM PARTNERS GR   TIPA EU        -13557467.93      129831049
TEAM PARTNERS GR   TIPNV FP       -13557467.93      129831049
TEAM PARTNERS GR   TIPA FP        -13557467.93      129831049
TEAM PARTNERS GR   TIPDS FP       -13557467.93      129831049
TEAM PARTNERS GR   TPGP IX        -13557467.93      129831049
TEAM PARTNERS GR   TPGP PZ        -13557467.93      129831049
TEAM PARTNERS-N    TIPN FP        -13557467.93      129831049
TECNODIFF ITALIA   0965585D GR    -89894162.82    152045757.5
TECNODIFF ITALIA   TDIFF US       -89894162.82    152045757.5
TECNODIFF ITALIA   TDI NM         -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
TEL IT MEDIA-RTS   TMERAA IM      -84834143.26    355814760.1
TELECOM IT-RTS     TMEAA IM       -84834143.26    355814760.1
TELECOM ITAL RSP   TMERM S2       -84834143.26    355814760.1
TELECOM ITAL RSP   TMER EO        -84834143.26    355814760.1
TELECOM ITAL RSP   TMER PZ        -84834143.26    355814760.1
TELECOM ITAL RSP   TMERM L3       -84834143.26    355814760.1
TELECOM ITAL RSP   TMERM B3       -84834143.26    355814760.1
TELECOM ITAL RSP   TMER EU        -84834143.26    355814760.1
TELECOM ITAL RSP   TMER TQ        -84834143.26    355814760.1
TELECOM ITAL RSP   TMER IM        -84834143.26    355814760.1
TELECOM ITAL RSP   TCMN IX        -84834143.26    355814760.1
TELECOM ITAL RSP   TIAZF US       -84834143.26    355814760.1
TELECOM ITAL-ADR   TIAMY US       -84834143.26    355814760.1
TELECOM ITAL-RTS   TMIDS FP       -84834143.26    355814760.1
TELECOM ITALIA M   TME IX         -84834143.26    355814760.1
TELECOM ITALIA M   TME EU         -84834143.26    355814760.1
TELECOM ITALIA M   TCM IX         -84834143.26    355814760.1
TELECOM ITALIA M   TME TQ         -84834143.26    355814760.1
TELECOM ITALIA M   TME S1         -84834143.26    355814760.1
TELECOM ITALIA M   TME QM         -84834143.26    355814760.1
TELECOM ITALIA M   PGA VX         -84834143.26    355814760.1
TELECOM ITALIA M   PGA GR         -84834143.26    355814760.1
TELECOM ITALIA M   TME EB         -84834143.26    355814760.1
TELECOM ITALIA M   TMEM S2        -84834143.26    355814760.1
TELECOM ITALIA M   TMEM B3        -84834143.26    355814760.1
TELECOM ITALIA M   TME NR         -84834143.26    355814760.1
TELECOM ITALIA M   TME IM         -84834143.26    355814760.1
TELECOM ITALIA M   TMI FP         -84834143.26    355814760.1
TELECOM ITALIA M   TME PZ         -84834143.26    355814760.1
TELECOM ITALIA M   TME EO         -84834143.26    355814760.1
TELECOM ITALIA M   TMEM L3        -84834143.26    355814760.1
TELECOM ITALIA M   TMEGBX EO      -84834143.26    355814760.1
TELECOM ITALIA M   TCLM LN        -84834143.26    355814760.1
TELECOM ITALIA M   TME BQ         -84834143.26    355814760.1
TELECOM ITALIA M   PGA1 GR        -84834143.26    355814760.1
TELECOM ITALIA M   TIAMF US       -84834143.26    355814760.1
TELECOM ITALIA M   TME NQ         -84834143.26    355814760.1
TELECOM ITALIA M   PGA2 GR        -84834143.26    355814760.1
TELECOM ITALIA M   TMEAZA IM      -84834143.26    355814760.1
TELEFONICA CABLE   4374649Z SM    -13714272.04    108786240.3
TELENET GRP HLDG   TNET PZ         -1963967252     4661718482
TELENET GRP HLDG   TNET SW         -1963967252     4661718482
TELENET GRP HLDG   TNETB S2        -1963967252     4661718482
TELENET GRP HLDG   TNETB B3        -1963967252     4661718482
TELENET GRP HLDG   TNET BQ         -1963967252     4661718482
TELENET GRP HLDG   TNET QX         -1963967252     4661718482
TELENET GRP HLDG   TNET EU         -1963967252     4661718482
TELENET GRP HLDG   TNET TQ         -1963967252     4661718482
TELENET GRP HLDG   TNET GK         -1963967252     4661718482
TELENET GRP HLDG   TNETUSD EU      -1963967252     4661718482
TELENET GRP HLDG   TNETGBX EO      -1963967252     4661718482
TELENET GRP HLDG   T4I TH          -1963967252     4661718482
TELENET GRP HLDG   TNET IX         -1963967252     4661718482
TELENET GRP HLDG   TNETGBX EU      -1963967252     4661718482
TELENET GRP HLDG   TNETUSD EO      -1963967252     4661718482
TELENET GRP HLDG   TNET EO         -1963967252     4661718482
TELENET GRP HLDG   TNETGBP EO      -1963967252     4661718482
TELENET GRP HLDG   TNETB L3        -1963967252     4661718482
TELENET GRP HLDG   TNET S1         -1963967252     4661718482
TELENET GRP HLDG   3218105Q IX     -1963967252     4661718482
TELENET GRP HLDG   T4I GR          -1963967252     4661718482
TELENET GRP HLDG   TNET EB         -1963967252     4661718482
TELENET GRP HLDG   TNET MT         -1963967252     4661718482
TELENET GRP HLDG   TNET QM         -1963967252     4661718482
TELENET GRP HLDG   TNET BB         -1963967252     4661718482
TELENET GRP HLDG   TNET NQ         -1963967252     4661718482
TELENET GRP HLDG   TLGHF US        -1963967252     4661718482
TELENET GRP HLDG   TNET LI         -1963967252     4661718482
TELENET-STRP       TNETS BB        -1963967252     4661718482
TELENET-UNS ADR    TLGHY US        -1963967252     4661718482
TELEWEST COM-ADR   TWT$ LN         -3702338522     7581233764
TELEWEST COM-ADR   940767Q GR      -3702338522     7581233764
TELEWEST COM-ADR   TWSTD US        -3702338522     7581233764
TELEWEST COM-ADR   TWSTY US        -3702338522     7581233764
TELEWEST COMM      TWT VX          -3702338522     7581233764
TELEWEST COMM      604296Q GR      -3702338522     7581233764
TELEWEST COMM      TWSTF US        -3702338522     7581233764
TELEWEST COMM      715382Q LN      -3702338522     7581233764
TELEWEST COMMUNI   1608194Z LN    -231755458.9     7589121370
TELEWEST COMMUNI   2188148Z LN    -134462644.3    131792459.5
TELEWEST COMMUNI   1646328Z LN      -411234443    843091340.2
TEMENOS UK LTD     1510258Z LN    -45594601.76    174643741.6
TF1 VIDEO SASU     4516855Z FP    -18656465.65    113026097.4
THALES CORPORATE   4633289Z FP    -7172516.727    191896690.5
THALES CORPORATE   1083706Z LN    -214805320.8     1108687019
THALES RAIL SIGN   2812334Z LN    -63902524.27    110625885.3
THALES SECURITY    4701729Z FP    -426153529.7    822653430.4
THALES TRANSPORT   1163839Z LN    -10173988.72    253071459.5
THARISA PLC        THA SJ            -71816000      369281984
THEMELIODOMI       THEME GA       -55751173.78    232036822.6
THEMELIODOMI-AUC   THEMEE GA      -55751173.78    232036822.6
THEMELIODOMI-RTS   THEMED GA      -55751173.78    232036822.6
THEMELIODOMI-RTS   THEMER GA      -55751173.78    232036822.6
THOMSON REUTERS    4777193Z NO    -130942490.2    119378624.6
THORN EMI PLC      THNE FP         -2265973885     2950096964
THORN EMI-ADR      THN$ LN         -2265973885     2950096964
THORN EMI-ADR      TORNY US        -2265973885     2950096964
THORN EMI-CDR      THN NA          -2265973885     2950096964
THORN EMI-REGD     1772Q GR        -2265973885     2950096964
TISCALI - RTS      TISAAW IM      -195929423.4    324115820.8
TISCALI - RTS      TIQA GR        -195929423.4    324115820.8
TISCALI SPA        TISN FP        -195929423.4    324115820.8
TISCALI SPA        TISM L3        -195929423.4    324115820.8
TISCALI SPA        TISGBX EU      -195929423.4    324115820.8
TISCALI SPA        TIS BQ         -195929423.4    324115820.8
TISCALI SPA        TISM IX        -195929423.4    324115820.8
TISCALI SPA        TIS IX         -195929423.4    324115820.8
TISCALI SPA        TIS NQ         -195929423.4    324115820.8
TISCALI SPA        TIS VX         -195929423.4    324115820.8
TISCALI SPA        TIS NR         -195929423.4    324115820.8
TISCALI SPA        TISM B3        -195929423.4    324115820.8
TISCALI SPA        TIQ1 GR        -195929423.4    324115820.8
TISCALI SPA        TISN NA        -195929423.4    324115820.8
TISCALI SPA        TIS EO         -195929423.4    324115820.8
TISCALI SPA        TIS IM         -195929423.4    324115820.8
TISCALI SPA        TISGBP EO      -195929423.4    324115820.8
TISCALI SPA        TISM S2        -195929423.4    324115820.8
TISCALI SPA        TISN VX        -195929423.4    324115820.8
TISCALI SPA        TISN IM        -195929423.4    324115820.8
TISCALI SPA        TIQ GR         -195929423.4    324115820.8
TISCALI SPA        TSCXF US       -195929423.4    324115820.8
TISCALI SPA        TISGBX EO      -195929423.4    324115820.8
TISCALI SPA        TIS EB         -195929423.4    324115820.8
TISCALI SPA        TIS1 S1        -195929423.4    324115820.8
TISCALI SPA        TISN IX        -195929423.4    324115820.8
TISCALI SPA        TIS NA         -195929423.4    324115820.8
TISCALI SPA        TIS TQ         -195929423.4    324115820.8
TISCALI SPA        TIS PZ         -195929423.4    324115820.8
TISCALI SPA        TIS EU         -195929423.4    324115820.8
TISCALI SPA        TIS FP         -195929423.4    324115820.8
TISCALI SPA        TIS QM         -195929423.4    324115820.8
TISCALI SPA        TIQG IX        -195929423.4    324115820.8
TISCALI SPA- RTS   TISAXA IM      -195929423.4    324115820.8
TISCALI SPA- RTS   3391621Q GR    -195929423.4    324115820.8
TIUTA PLC          3814936Z LN    -56307814.14    182365274.9
TNT NV             TNT TQ         -837827974.3     3354049722
TNT NV             TNTCHF EU      -837827974.3     3354049722
TNT NV             TNT EO         -837827974.3     3354049722
TNT NV             TNTUSD EU      -837827974.3     3354049722
TNT NV             TNTPLN EO      -837827974.3     3354049722
TNT NV             TNT EU         -837827974.3     3354049722
TNT NV             TNT EB         -837827974.3     3354049722
TNT NV             TPG NA         -837827974.3     3354049722
TNT NV             TPG VX         -837827974.3     3354049722
TNT NV             TPG GR         -837827974.3     3354049722
TNT NV             TNT GK         -837827974.3     3354049722
TNT NV             TNT VX         -837827974.3     3354049722
TNT NV             TNT S1         -837827974.3     3354049722
TNT NV             TNT NQ         -837827974.3     3354049722
TNT NV             TNT BQ         -837827974.3     3354049722
TNT NV             TNTP IX        -837827974.3     3354049722
TNT NV             TNT QM         -837827974.3     3354049722
TNT NV             TNT NA         -837827974.3     3354049722
TNT NV             TNTGBX EU      -837827974.3     3354049722
TNT NV             TNTGBP EO      -837827974.3     3354049722
TNT NV             TNTAUD EU      -837827974.3     3354049722
TNT NV             TPGNF US       -837827974.3     3354049722
TNT NV             TNTPLN EU      -837827974.3     3354049722
TNT NV             TNT GR         -837827974.3     3354049722
TNT NV             TPG LN         -837827974.3     3354049722
TNT NV             TNTGBX EO      -837827974.3     3354049722
TNT NV             TPG LI         -837827974.3     3354049722
TNT NV             TNTAUD EO      -837827974.3     3354049722
TNT NV             TNTNOK EU      -837827974.3     3354049722
TNT NV             TNTCHF EO      -837827974.3     3354049722
TNT NV             TNTUSD EO      -837827974.3     3354049722
TNT NV             TNTNOK EO      -837827974.3     3354049722
TNT NV-ADR         TP US          -837827974.3     3354049722
TNT NV-ADR         TNT US         -837827974.3     3354049722
TNT NV-ADR         TPGA GR        -837827974.3     3354049722
TNT POST GRP-STK   TPGS NA        -837827974.3     3354049722
TOORA              2916661Q EO    -288811.9236      147001663
TOORA              TOR PW         -288811.9236      147001663
TOORA              TOR PZ         -288811.9236      147001663
TOORA              2916665Q EU    -288811.9236      147001663
TOORA-ALLOT CERT   1025366D PW    -288811.9236      147001663
TOPAZ ENERGY GRO   4508643Z ID    -61682466.52    512166489.3
TOPLAND PORTFOLI   1939134Z LN    -70350009.57    188623384.4
TOPPS TILES PLC    TPT LN         -8870544.083    142382125.3
TOPPS TILES PLC    TPT6 EO        -8870544.083    142382125.3
TOPPS TILES PLC    TPT S1         -8870544.083    142382125.3
TOPPS TILES PLC    TPTEUR EO      -8870544.083    142382125.3
TOPPS TILES PLC    TPT3 EO        -8870544.083    142382125.3
TOPPS TILES PLC    TPT7 EO        -8870544.083    142382125.3
TOPPS TILES PLC    TPTL L3        -8870544.083    142382125.3
TOPPS TILES PLC    TPTGBP EO      -8870544.083    142382125.3
TOPPS TILES PLC    TPTJY US       -8870544.083    142382125.3
TOPPS TILES PLC    TPTEUR EU      -8870544.083    142382125.3
TOPPS TILES PLC    TPT PO         -8870544.083    142382125.3
TOPPS TILES PLC    TPT EB         -8870544.083    142382125.3
TOPPS TILES PLC    TPT9 EO        -8870544.083    142382125.3
TOPPS TILES PLC    TPT EO         -8870544.083    142382125.3
TOPPS TILES PLC    TPTJF US       -8870544.083    142382125.3
TOPPS TILES PLC    TPT PZ         -8870544.083    142382125.3
TOPPS TILES PLC    TPT2 EO        -8870544.083    142382125.3
TOPPS TILES PLC    TPTL S2        -8870544.083    142382125.3
TOPPS TILES PLC    TPT BQ         -8870544.083    142382125.3
TOPPS TILES PLC    TPT IX         -8870544.083    142382125.3
TOPPS TILES PLC    TPT4 EO        -8870544.083    142382125.3
TOPPS TILES PLC    TPTL B3        -8870544.083    142382125.3
TOPPS TILES PLC    TPT5 EO        -8870544.083    142382125.3
TOPPS TILES PLC    TPT TQ         -8870544.083    142382125.3
TOPPS TILES PLC    TPT1 EO        -8870544.083    142382125.3
TOPPS TILES PLC    TPT VX         -8870544.083    142382125.3
TOPPS TILES PLC    TPT EU         -8870544.083    142382125.3
TOPPS TILES PLC    TPT10 EO       -8870544.083    142382125.3
TOPPS TILES PLC    TPT8 EO        -8870544.083    142382125.3
TOPPS TILES-NEW    TPTN LN        -8870544.083    142382125.3
TORM A/S           TORM PZ          -103200000     1720099968
TORM A/S           TORM S1          -103200000     1720099968
TORM A/S           TORMEUR EO       -103200000     1720099968
TORM A/S           DSKBF US         -103200000     1720099968
TORM A/S           TORMC S2         -103200000     1720099968
TORM A/S           TORM BY          -103200000     1720099968
TORM A/S           TORMGBP EO       -103200000     1720099968
TORM A/S           TORM EB          -103200000     1720099968
TORM A/S           TORMC L3         -103200000     1720099968
TORM A/S           TORM NQ          -103200000     1720099968
TORM A/S           TORM DC          -103200000     1720099968
TORM A/S           TORM IX          -103200000     1720099968
TORM A/S           TORMUSD EO       -103200000     1720099968
TORM A/S           TORM BQ          -103200000     1720099968
TORM A/S           TORM QM          -103200000     1720099968
TORM A/S           TORM EO          -103200000     1720099968
TORM A/S           TORMUSD EU       -103200000     1720099968
TORM A/S           TORMC B3         -103200000     1720099968
TORM A/S           TORMEUR EU       -103200000     1720099968
TORM A/S           TORMCHF EU       -103200000     1720099968
TORM A/S           TORM TQ          -103200000     1720099968
TORM A/S           D8D GR           -103200000     1720099968
TORM A/S           TORM EU          -103200000     1720099968
TORM A/S           TORMCHF EO       -103200000     1720099968
TORM A/S-ADR       TRMD US          -103200000     1720099968
TORM A/S-ADR       D8DA GR          -103200000     1720099968
TORM A/S-ADR       D8DB GR          -103200000     1720099968
TOUGHER'S OIL DI   3807844Z ID       -36877649    104267886.6
TOWER GROUP A/S    TOWER EU       -31099624.83    338785645.1
TOWER GROUP A/S    TOWEREUR EO    -31099624.83    338785645.1
TOWER GROUP A/S    TOWEREUR EU    -31099624.83    338785645.1
TOWER GROUP A/S    TOWER BY       -31099624.83    338785645.1
TOWER GROUP A/S    TOWER DC       -31099624.83    338785645.1
TOWER GROUP A/S    SICC IX        -31099624.83    338785645.1
TOWER GROUP A/S    TOWER EO       -31099624.83    338785645.1
TOWER GROUP A/S    TOWER PZ       -31099624.83    338785645.1
TOWER GROUP-NEW    TOWERN DC      -31099624.83    338785645.1
TOWER GROUP-RTS    3536132Q DC    -31099624.83    338785645.1
TOWER GROUP-RTS    TOWERT DC      -31099624.83    338785645.1
TPG NV             TNT LN         -837827974.3     3354049722
TRADER MEDIA COR   1809857Z LN    -68377500.77     1067600712
TRANSGAS SA        3794668Z PL    -13556500.82    194101307.5
TRANSPORT D-NEW    TNLN FP        -1572304.543      109252407
TRANSPORT D-RTS    TNLR FP        -1572304.543      109252407
TRAVELEX HOLDING   2917958Z LN     -1199322153     2381975765
TRINITY MIRROR P   1511258Z LN    -132394036.6    576545175.1
TROUVAY CAUVIN     ETEC FP        -396977.8818    133986439.7
TROUVAY CAUVIN     TVYCF US       -396977.8818    133986439.7
TUBE LINES FINAN   1241207Z LN    -2914999.962     2408518672
TUI UK LTD         1653824Z LN      -207142395     3158921524
TUILERIES FINANC   4701769Z FP    -3956981.588    125941142.6
TURKINGTON HOLDI   3801364Z LN    -15589164.43    119397179.6
TUTUNBANK          TUT TI         -948074542.1    622746433.4
TYCZKA TOTALGAZ    4167649Z GR    -19820668.04      135795251
ULSTERBUS LTD      3820392Z LN    -10764138.12    304076265.4
UMBRO INTERNATIO   UMBROZ HK      -23446865.21    108386366.5
UNEDIC             220055Z FP     -13751596343     9133559737
UNILEVER UK CENT   1273034Z LN     -2756213843    12331717140
UNITEC UNION TIE   3801344Z SM    -23208240.29    131217999.9
UNITED PAN -ADR    UPEA GR         -5505478850     5112616630
UNITED PAN-A ADR   UPCOY US        -5505478850     5112616630
UNITED PAN-EUR-A   UPC LI          -5505478850     5112616630
UNITED PAN-EUR-A   UPC LN          -5505478850     5112616630
UNITED PAN-EUROP   UPCEF US        -5505478850     5112616630
UNITED PAN-EUROP   UPCOF US        -5505478850     5112616630
UNITED PAN-EUROP   UPC VX          -5505478850     5112616630
UNITED PAN-EUROP   UPE1 GR         -5505478850     5112616630
UNITED TEXTILES    NML1 GR        -163112562.6    286535432.7
UNITED TEXTILES    UTEX GA        -163112562.6    286535432.7
UNITED TEXTILES    UTEX EU        -163112562.6    286535432.7
UNITED TEXTILES    NAOYK GA       -163112562.6    286535432.7
UNITED TEXTILES    UTEX PZ        -163112562.6    286535432.7
UNITED TEXTILES    NAOSF US       -163112562.6    286535432.7
UNITED TEXTILES    UTEX EO        -163112562.6    286535432.7
UNIVEG BELGIUM     3734462Z BB     -11873866.5    120521250.8
UNIVERSAL LEASIN   2581586Z LN    -28689717.99    155124932.2
UNIVERSAL PICTUR   1083202Z LN     -2532348.67    192370246.4
UPC HOLDING BV     3590264Z NA    -14797906248    15074616529
UPP NOTTINGHAM L   1958934Z LN    -41006312.76    172101149.9
URBAN SPLASH GRO   4286109Z LN    -54469749.91      294837811
URBAS GRUPO FINA   UBS EB         -53065589.57    121242544.8
URBAS GRUPO FINA   UBS S1         -53065589.57    121242544.8
URBAS GRUPO FINA   UBS EO         -53065589.57    121242544.8
URBAS GRUPO FINA   UZY GR         -53065589.57    121242544.8
URBAS GRUPO FINA   UBSE B3        -53065589.57    121242544.8
URBAS GRUPO FINA   UBS NR         -53065589.57    121242544.8
URBAS GRUPO FINA   UBSE L3        -53065589.57    121242544.8
URBAS GRUPO FINA   UBS TQ         -53065589.57    121242544.8
URBAS GRUPO FINA   UBS EU         -53065589.57    121242544.8
URBAS GRUPO FINA   UBS SM         -53065589.57    121242544.8
URBAS GRUPO FINA   UBSE S2        -53065589.57    121242544.8
URBAS GRUPO FINA   UBS IX         -53065589.57    121242544.8
URBAS GUADAHERMO   URBZF US       -53065589.57    121242544.8
URBAS GUADAHERMO   UBSS PZ        -53065589.57    121242544.8
URBAS SA - RT      UBS/D SM       -53065589.57    121242544.8
US JUNCTION LTD    4448681Z LN    -34382425.75    143550635.9
USINES CHAUSSO-B   USCH FP        -23067631.26    249374198.4
USINES CHAUSSON    USCS FP        -23067631.26    249374198.4
UTC GROUP          UGR LN         -11904731.18    203553741.8
UTKILEN SHIPPING   4446161Z NO    -1914233.387    153603650.5
VALE DO LOBO - R   4764257Z PL    -77564257.57    440086474.5
VECTURA AS         4414505Z NO    -7960396.671    246417342.6
VEOLIA ES LANDFI   1377362Z LN    -21590467.78    361889226.2
VEOLIA TRANSPORT   4030437Z NA    -12976610.13    100639002.5
VERNEUIL PARTICI   VRNL S1        -1572304.543      109252407
VERNEUIL PARTICI   VRNL EB        -1572304.543      109252407
VERNEUIL PARTICI   VRNL IX        -1572304.543      109252407
VERNEUIL PARTICI   TCNP IX        -1572304.543      109252407
VERNEUIL PARTICI   VRNLP B3       -1572304.543      109252407
VERNEUIL PARTICI   VEPA FP        -1572304.543      109252407
VERNEUIL PARTICI   VRNL PZ        -1572304.543      109252407
VERNEUIL PARTICI   VRNLP L3       -1572304.543      109252407
VERNEUIL PARTICI   VRNL EU        -1572304.543      109252407
VERNEUIL PARTICI   VRNL FP        -1572304.543      109252407
VERNEUIL PARTICI   VRNL TQ        -1572304.543      109252407
VERNEUIL PARTICI   VRNL EO        -1572304.543      109252407
VERNEUIL PARTICI   VRNLP S2       -1572304.543      109252407
VESTAS TECHNOLOG   1665752Z LN    -9443098.721      125412602
VETERIN - RIGHTS   VETR GA         -1446551773    135183840.6
VIA CAVOUR SRL     3997892Z IM     -1947582.88    168856438.8
VIALTIS            4730449Z FP    -2969942.626    141404113.3
VINK HOLDINGS LT   4380233Z LN    -13477512.44    132006628.3
VION FOOD GROUP    661873Z NA     -34576140.07     2937603388
VION HOLDING NV    3899346Z NA    -34576140.07     2937603388
VIOTER             VIOTF US        -9837036.58    184426179.8
VIOTER S.A.-RTS    BIOTR GA        -9837036.58    184426179.8
VIOTER SA-AUCTIO   BIOTE GA        -9837036.58    184426179.8
VIRGIN HOTELS GR   4288389Z LN     -30191617.1    109996972.6
VIRGIN MOB-ASSD    VMOC LN        -392176531.7    166074713.7
VIRGIN MOB-ASSD    VMOA LN        -392176531.7    166074713.7
VIRGIN MOBILE      VMOB PO        -392176531.7    166074713.7
VIRGIN MOBILE      VGMHF US       -392176531.7    166074713.7
VIRGIN MOBILE      UEM GR         -392176531.7    166074713.7
VIRGIN MOBILE      VMOB VX        -392176531.7    166074713.7
VIRGIN MOBILE HO   VMOB LN        -392176531.7    166074713.7
VIRIDOR WASTE EX   1428546Z LN    -22087452.25    120614872.4
VNG NORGE AS       4513147Z NO    -87651824.24    256963958.9
VOLGOGAZ-BRD       VLGG RU         -7710563.18    198473012.5
VOLGOGAZ-BRD       VLGG* RU        -7710563.18    198473012.5
VOLGOGRAD - PFD    VGSBP RU       -23680279.45    368752507.8
VOLGOGRAD - PFD    VGSBP RM       -23680279.45    368752507.8
VOLGOGRAD - PFD    VGSBP* RU      -23680279.45    368752507.8
VOLGOGRAD - PFD    VGSBPG RU      -23680279.45    368752507.8
VOLGOGRAD ENERGO   VGSB RU        -23680279.45    368752507.8
VOLGOGRAD ENERGO   VGSB RM        -23680279.45    368752507.8
VOLGOGRAD ENERGO   VGSB* RU       -23680279.45    368752507.8
VOLGOGRAD ENERGO   VGSBG RU       -23680279.45    368752507.8
VOLGOGRAD KHIM     VHIM RU        -126558518.8    153595253.5
VOLGOGRAD KHIM     VHIM* RU       -126558518.8    153595253.5
VOLKERWESSELS BO   4062101Z NA     -47509.2001    172069084.8
VOLUTION GROUP     FANGBX EU      -38034452.35    359782466.5
VOLUTION GROUP     FANL EB        -38034452.35    359782466.5
VOLUTION GROUP     FANL S1        -38034452.35    359782466.5
VOLUTION GROUP     VO1 GR         -38034452.35    359782466.5
VOLUTION GROUP     FANGBX EO      -38034452.35    359782466.5
VOLUTION GROUP     FANL IX        -38034452.35    359782466.5
VOLUTION GROUP     FAN LN         -38034452.35    359782466.5
VOLUTION GROUP P   4453393Z LN    -38034452.35    359782466.5
VORWERK & CO KG    VORW GR        -1423024.853     5009284697
VOYAGE GROUP LTD   4168725Z LN    -89544630.84    572211682.5
VT SUPPORT SERVI   1761897Z LN    -3791466.085    345328841.8
VUE ENTERTAINMEN   4514631Z LN      -116156914    894935082.8
W2005 W2007 CARN   3824100Z NA    -90774192.62    313655754.3
WARNER CHILCOT-A   G3LA TH          -427000000     3832000000
WARNER CHILCOT-A   WCRX US          -427000000     3832000000
WARNER CHILCOT-A   G3L GR           -427000000     3832000000
WARNER CHILCOT-A   G3LA GR          -427000000     3832000000
WARNER MUSIC GRO   3809048Z ID    -104416.9967    209719016.9
WATERFORD - RTS    WWWA GR        -505729895.2      820803256
WATERFORD - RTS    WWWB ID        -505729895.2      820803256
WATERFORD - RTS    508523Q LN     -505729895.2      820803256
WATERFORD - RTS    WWWB GR        -505729895.2      820803256
WATERFORD - RTS    WWWA ID        -505729895.2      820803256
WATERFORD - RTS    508519Q LN     -505729895.2      820803256
WATERFORD CRYSTA   4459209Z ID    -150437387.1    114109583.5
WATERFORD W-ADR    WATWY US       -505729895.2      820803256
WATERFORD WDGEWD   WATFF US       -505729895.2      820803256
WATERFORD WDGEWD   WATWF US       -505729895.2      820803256
WATERFORD WE-RTS   WTFN ID        -505729895.2      820803256
WATERFORD WE-RTS   WTFF LN        -505729895.2      820803256
WATERFORD WE-RTS   WTFN VX        -505729895.2      820803256
WATERFORD WE-RTS   WTFN LN        -505729895.2      820803256
WATERFORD WE-RTS   WTFF ID        -505729895.2      820803256
WATERFORD WED-RT   WWWC ID        -505729895.2      820803256
WATERFORD WED-RT   WWWD ID        -505729895.2      820803256
WATERFORD WED-RT   WTFR 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-RT   586556Q LN     -505729895.2      820803256
WATERFORD WED-UT   WTFU LN        -505729895.2      820803256
WATERFORD WED-UT   WTFU IX        -505729895.2      820803256
WATERFORD WED-UT   WWWD PZ        -505729895.2      820803256
WATERFORD WED-UT   WTFUGBX EU     -505729895.2      820803256
WATERFORD WED-UT   WTFU VX        -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   WTFU ID        -505729895.2      820803256
WATERFORD WED-UT   WWW PO         -505729895.2      820803256
WATERFORD WED-UT   WTFU PO        -505729895.2      820803256
WATERFORD WED-UT   WTFU EU        -505729895.2      820803256
WATERFORD-ADR UT   WATFZ US       -505729895.2      820803256
WATERFORD-ADR UT   WFWA GR        -505729895.2      820803256
WATERFORD-SUB      3001875Z ID    -505729895.2      820803256
WATSON & PHILIP    WTSN LN          -120493900    252232072.9
WEPA LILLE SAS     4752385Z FP    -2548678.548    108654870.9
WESCOT TOPCO LTD   4007020Z LN    -24133448.87    109740838.3
WEST HAM UNITED    1275834Z LN    -180012199.9    135176063.9
WESTA INTERNATIO   WESW S2           -58977000      246270000
WESTA INTERNATIO   WESW L3           -58977000      246270000
WESTA INTERNATIO   WESW B3           -58977000      246270000
WESTAISIC          WESPLN EO         -58977000      246270000
WESTAISIC          WES PW            -58977000      246270000
WHELCO HOLDINGS    2741744Z LN    -1295294.241    100785295.7
WHITE HART LANE    2004631Z LN    -1123372.612    151053464.8
WILLIAM HILL CRE   1068754Z LN    -1909844.938    260315941.5
WILLIAM HILL-W/I   101001Q LN     -59180694.37     1343662688
WILLIAM HILL-W/I   605547Q US     -59180694.37     1343662688
WINCANTON PL-ADR   WNCNY US       -445194319.3    781800711.2
WINCANTON PLC      WIN1USD EO     -445194319.3    781800711.2
WINCANTON PLC      WINL S2        -445194319.3    781800711.2
WINCANTON PLC      WIN1USD EU     -445194319.3    781800711.2
WINCANTON PLC      WIN1 BQ        -445194319.3    781800711.2
WINCANTON PLC      WIN1 EO        -445194319.3    781800711.2
WINCANTON PLC      WIN1EUR EO     -445194319.3    781800711.2
WINCANTON PLC      WNCNF US       -445194319.3    781800711.2
WINCANTON PLC      WIN IX         -445194319.3    781800711.2
WINCANTON PLC      WIN PZ         -445194319.3    781800711.2
WINCANTON PLC      WIN1 TQ        -445194319.3    781800711.2
WINCANTON PLC      WIN PO         -445194319.3    781800711.2
WINCANTON PLC      WIN VX         -445194319.3    781800711.2
WINCANTON PLC      WIN1 S1        -445194319.3    781800711.2
WINCANTON PLC      WIN8 EO        -445194319.3    781800711.2
WINCANTON PLC      WIN10 EO       -445194319.3    781800711.2
WINCANTON PLC      WINL B3        -445194319.3    781800711.2
WINCANTON PLC      WIN9 EO        -445194319.3    781800711.2
WINCANTON PLC      WIN7 EO        -445194319.3    781800711.2
WINCANTON PLC      WIN5 EO        -445194319.3    781800711.2
WINCANTON PLC      WIN1GBP EO     -445194319.3    781800711.2
WINCANTON PLC      WIN4 EO        -445194319.3    781800711.2
WINCANTON PLC      WIN1EUR EU     -445194319.3    781800711.2
WINCANTON PLC      WINL L3        -445194319.3    781800711.2
WINCANTON PLC      WIN11 EO       -445194319.3    781800711.2
WINCANTON PLC      WIN1 NQ        -445194319.3    781800711.2
WINCANTON PLC      WIN1 QM        -445194319.3    781800711.2
WINCANTON PLC      WIN1 EU        -445194319.3    781800711.2
WINCANTON PLC      WIN LN         -445194319.3    781800711.2
WINCANTON PLC      WIN1 EB        -445194319.3    781800711.2
WINCANTON PLC      WIN6 EO        -445194319.3    781800711.2
WINCANTON PLC      WIN13 EO       -445194319.3    781800711.2
WINCANTON PLC      WIN12 EO       -445194319.3    781800711.2
WINDSOR TELEVISI   1475394Z LN    -285930662.4    328647122.1
XCHANGING UK LTD   1814130Z LN    -63394768.74    447098103.7
XFERA MOVILE SA    1236Z SM       -136161367.5     1448667759
XSTRATA SERVICES   1975918Z LN    -2581782.821    151944610.4
YANG MING UK LTD   1756777Z LN    -82951196.78    273789409.4
YASARBANK          YABNK TI       -948074542.1    622746433.4
YELL GROUP PLC     YELL NQ         -2257521127     2120614224
YELL GROUP PLC     YELL PO         -2257521127     2120614224
YELL GROUP PLC     YELL VX         -2257521127     2120614224
YELL GROUP PLC     YELL PZ         -2257521127     2120614224
YELL GROUP PLC     YELL LN         -2257521127     2120614224
YELL GROUP- SUB    3449192Z LN     -2257521127     2120614224
YELL LTD           1941670Z LN    -910931167.6     1175550564
YORK REFRIGERATI   1846666Z LN    -33510192.51     1093012767
YPSO FRANCE SAS    711227Z FP     -603437932.8     3840966218
YUASA BATTERY UK   1449090Z LN    -7606058.565    109145700.5
ZERNOVAYA KOMPAN   ONAST RU       -27299614.73    611985879.9
ZIL AUTO PLANT     ZILL$ RU       -313328054.5    427801545.9
ZIL AUTO PLANT-P   ZILLP* RU      -313328054.5    427801545.9
ZIL AUTO PLANT-P   ZILLP RU       -313328054.5    427801545.9
ZIL AUTO PLANT-P   ZILLP RM       -313328054.5    427801545.9
ZINVEST FASHION    3775412Z NA    -296493.9562    180637333.9
ZKD-BRD            ZKRD RU        -21744775.12    136822054.1
ZKD-BRD            ZKRD* RU       -21744775.12    136822054.1
ZURICH EMPLOYMEN   1292298Z LN      -571647918    152143800.5
ZVON ENA HOLDING   ZVHR PZ        -304033160.5    774883403.9
ZVON ENA HOLDING   ZVHR EU        -304033160.5    774883403.9
ZVON ENA HOLDING   ZVHR SV        -304033160.5    774883403.9
ZVON ENA HOLDING   ZVHR EO        -304033160.5    774883403.9
ZWINGER OPCO 6 B   3821644Z NA    -103722296.7    611138495.1


                            *********

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.

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., Washington, D.C., USA.
Valerie U. Pascual, Marites O. Claro, Rousel Elaine T. Fernandez,
Joy A. Agravante, Ivy B. Magdadaro, and Peter A. Chapman,
Editors.

Copyright 2014.  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$775 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 215-945-7000 or Nina Novak at
202-362-8552.


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