<?xml version="1.0" encoding="UTF-8"?><!--
  == Copyright (c) 2002-2010. All rights reserved.
  == Financial Products Markup Language is subject to the FpML public license.
  == A copy of this license is available at http://www.fpml.org/license/license.html
-->
<FpML xmlns="http://www.fpml.org/2010/FpML-4-9" xmlns:fpml="http://www.fpml.org/2010/FpML-4-9" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" version="4-9" xsi:type="TradeConfirmed" xsi:schemaLocation="http://www.fpml.org/2010/FpML-4-9 ../fpml-main-4-9.xsd http://www.w3.org/2000/09/xmldsig# ../xmldsig-core-schema.xsd">
   <header>
      <conversationId conversationIdScheme="http://www.example.com/conversationId">CS/2006/07/02/32-09</conversationId>
      <messageId messageIdScheme="http://www.example.com/messageId">MS/2006/04/07/15-99</messageId>
      <sentBy>PARTYABICXXX</sentBy>
      <sendTo>PARTYBBICXXX</sendTo>
      <creationTimestamp>2006-07-02T16:38:00Z</creationTimestamp>
   </header>
   <trade><!--This is a composite basket swap, that illustrates the example of multiple equity underlyers as well as the composite FX terms.-->
      <tradeHeader>
         <partyTradeIdentifier>
            <partyReference href="party1"/>
            <tradeId tradeIdScheme="http://www.partyA.com/eqs-trade-id">1245</tradeId>
         </partyTradeIdentifier>
         <partyTradeIdentifier>
            <partyReference href="party2"/>
            <tradeId tradeIdScheme="http://www.partyB.com/eqs-trade-id">4569</tradeId>
         </partyTradeIdentifier>
         <tradeDate id="TradeDate">2002-07-17Z</tradeDate>
      </tradeHeader>
      <returnSwap>
         <productType>CompositeBasketSwap</productType>
         <returnLeg>
            <payerPartyReference href="party1"/>
            <receiverPartyReference href="party2"/>
            <effectiveDate id="EffectiveDate">
               <relativeDate>
                  <periodMultiplier>3</periodMultiplier>
                  <period>D</period>
                  <dayType>ExchangeBusiness</dayType>
                  <businessDayConvention>NotApplicable</businessDayConvention>
                  <dateRelativeTo href="TradeDate"/>
               </relativeDate>
            </effectiveDate>
            <terminationDate id="TerminationDate">
               <relativeDate>
                  <periodMultiplier>0</periodMultiplier>
                  <period>D</period>
                  <businessDayConvention>NotApplicable</businessDayConvention>
                  <dateRelativeTo href="FinalEquityPaymentDate"/>
               </relativeDate>
            </terminationDate>
            <underlyer>
               <basket>
                  <openUnits>1</openUnits>
                  <basketConstituent>
                     <equity>
                        <instrumentId instrumentIdScheme="http://www.abc.com/instrumentId">TIT.ME</instrumentId>
                        <description>Telecom Italia spa</description>
                        <currency>EUR</currency>
                        <exchangeId exchangeIdScheme="http://www.abc.com/exchangeId">Milan Stock Exchange</exchangeId>
                     </equity>
                     <constituentWeight>
                        <openUnits>432000</openUnits>
                     </constituentWeight>
                     <dividendPayout>
                        <dividendPayoutRatio>0.85</dividendPayoutRatio>
                     </dividendPayout>
                  </basketConstituent>
                  <basketConstituent>
                     <equity>
                        <instrumentId instrumentIdScheme="http://www.abc.com/instrumentId">NOK1V.HE</instrumentId>
                        <description>Nokya Oyj</description>
                        <currency>EUR</currency>
                        <exchangeId exchangeIdScheme="http://www.abc.com/exchangeId">Helsinki Stock Exchange</exchangeId>
                     </equity>
                     <constituentWeight>
                        <openUnits>227000</openUnits>
                     </constituentWeight>
                     <dividendPayout>
                        <dividendPayoutRatio>0.85</dividendPayoutRatio>
                     </dividendPayout>
                  </basketConstituent>
                  <basketConstituent>
                     <equity>
                        <instrumentId instrumentIdScheme="http://www.abc.com/instrumentId">TIM.MI</instrumentId>
                        <description>Telecom Italia Mobile spa</description>
                        <currency>EUR</currency>
                        <exchangeId exchangeIdScheme="http://www.abc.com/exchangeId">Milan Stock Exchange</exchangeId>
                     </equity>
                     <constituentWeight>
                        <openUnits>783000</openUnits>
                     </constituentWeight>
                     <dividendPayout>
                        <dividendPayoutRatio>0.85</dividendPayoutRatio>
                     </dividendPayout>
                  </basketConstituent>
                  <basketConstituent>
                     <equity>
                        <instrumentId instrumentIdScheme="http://www.abc.com/instrumentId">TEF.MC</instrumentId>
                        <description>Telefonica de Espana</description>
                        <currency>EUR</currency>
                        <exchangeId exchangeIdScheme="http://www.abc.com/exchangeId">Madrid Stock Exchange</exchangeId>
                     </equity>
                     <constituentWeight>
                        <openUnits>344000</openUnits>
                     </constituentWeight>
                     <dividendPayout>
                        <dividendPayoutRatio>0.85</dividendPayoutRatio>
                     </dividendPayout>
                  </basketConstituent>
                  <basketConstituent>
                     <equity>
                        <instrumentId instrumentIdScheme="http://www.abc.com/instrumentId">PTCO.IN</instrumentId>
                        <description>Portugal Telecom SA</description>
                        <currency>EUR</currency>
                        <exchangeId exchangeIdScheme="http://www.abc.com/exchangeId">Interbolsa</exchangeId>
                     </equity>
                     <constituentWeight>
                        <openUnits>340000</openUnits>
                     </constituentWeight>
                     <dividendPayout>
                        <dividendPayoutRatio>0.85</dividendPayoutRatio>
                     </dividendPayout>
                  </basketConstituent>
                  <basketConstituent>
                     <equity>
                        <instrumentId instrumentIdScheme="http://www.abc.com/instrumentId">VOD.L</instrumentId>
                        <description>Vodafone Group</description>
                        <currency>GBP</currency>
                        <exchangeId exchangeIdScheme="http://www.abc.com/exchangeId">London Stock Exchange</exchangeId>
                     </equity>
                     <constituentWeight>
                        <openUnits>2486000</openUnits>
                     </constituentWeight>
                     <dividendPayout>
                        <dividendPayoutRatio>0.85</dividendPayoutRatio>
                     </dividendPayout>
                  </basketConstituent>
               </basket>
            </underlyer>
            <rateOfReturn>
               <initialPrice>
                  <netPrice>
                     <currency>EUR</currency>
                     <amount>19785157.16</amount>
                     <priceExpression>AbsoluteTerms</priceExpression>
                  </netPrice>
               </initialPrice>
               <notionalReset>true</notionalReset>
               <valuationPriceInterim>
                  <determinationMethod>ValuationTime</determinationMethod>
                  <valuationRules>
                     <valuationDates id="InterimValuationDate">
                        <adjustableDates>
                           <unadjustedDate>2002-10-17Z</unadjustedDate>
                           <dateAdjustments>
                              <businessDayConvention>NotApplicable</businessDayConvention>
                           </dateAdjustments>
                        </adjustableDates>
                     </valuationDates>
                     <valuationTimeType>Close</valuationTimeType>
                  </valuationRules>
               </valuationPriceInterim>
               <valuationPriceFinal>
                  <determinationMethod>HedgeUnwind</determinationMethod>
                  <valuationRules>
                     <valuationDate id="FinalValuationDate">
                        <adjustableDate>
                           <unadjustedDate>2004-01-17Z</unadjustedDate>
                           <dateAdjustments>
                              <businessDayConvention>NotApplicable</businessDayConvention>
                           </dateAdjustments>
                        </adjustableDate>
                     </valuationDate>
                  </valuationRules>
               </valuationPriceFinal>
               <paymentDates id="EquityPaymentDate">
                  <paymentDatesInterim id="InterimEquityPaymentDate">
                     <relativeDates>
                        <periodMultiplier>3</periodMultiplier>
                        <period>D</period>
                        <dayType>CurrencyBusiness</dayType>
                        <businessDayConvention>FOLLOWING</businessDayConvention>
                        <businessCenters id="primaryBusinessCenter">
                           <businessCenter>USNY</businessCenter>
                        </businessCenters>
                        <dateRelativeTo href="InterimValuationDate"/>
                     </relativeDates>
                  </paymentDatesInterim>
                  <paymentDateFinal id="FinalEquityPaymentDate">
                     <relativeDate>
                        <periodMultiplier>3</periodMultiplier>
                        <period>D</period>
                        <dayType>CurrencyBusiness</dayType>
                        <businessDayConvention>FOLLOWING</businessDayConvention>
                        <businessCentersReference href="primaryBusinessCenter"/>
                        <dateRelativeTo href="FinalValuationDate"/>
                     </relativeDate>
                  </paymentDateFinal>
               </paymentDates>
            </rateOfReturn>
            <notional>
               <notionalAmount id="EquityNotionalAmount">
                  <currency>EUR</currency>
                  <amount>19785157.16</amount>
               </notionalAmount>
            </notional>
            <amount>
               <paymentCurrency href="ReferenceCurrency"/>
               <referenceAmount>ISDA Standard</referenceAmount>
               <cashSettlement>true</cashSettlement>
            </amount>
            <return>
               <returnType>Total</returnType>
               <dividendConditions>
                  <dividendReinvestment>false</dividendReinvestment>
                  <dividendEntitlement>ExDate</dividendEntitlement>
                  <dividendPaymentDate>
                     <dividendDateReference>EquityPaymentDate</dividendDateReference>
                  </dividendPaymentDate>
                  <dividendPeriodEffectiveDate href="TradeDate"/>
                  <dividendPeriodEndDate href="FinalValuationDate"/>
                  <excessDividendAmount>PaidAmount</excessDividendAmount>
                  <paymentCurrency id="PaymentCurrency" href="ReferenceCurrency"/>
               </dividendConditions>
            </return>
            <notionalAdjustments>Execution</notionalAdjustments>
            <fxFeature>
               <referenceCurrency id="ReferenceCurrency">EUR</referenceCurrency>
               <composite>
                  <determinationMethod>CalculationAgent</determinationMethod>
               </composite>
            </fxFeature>
         </returnLeg>
         <interestLeg>
            <payerPartyReference href="party2"/>
            <receiverPartyReference href="party1"/>
            <interestLegCalculationPeriodDates id="InterestLegPeriodDates">
               <effectiveDate>
                  <relativeDate>
                     <periodMultiplier>3</periodMultiplier>
                     <period>D</period>
                     <dayType>ExchangeBusiness</dayType>
                     <businessDayConvention>NotApplicable</businessDayConvention>
                     <dateRelativeTo href="TradeDate"/>
                  </relativeDate>
               </effectiveDate>
               <terminationDate>
                  <relativeDate>
                     <periodMultiplier>0</periodMultiplier>
                     <period>D</period>
                     <businessDayConvention>NotApplicable</businessDayConvention>
                     <dateRelativeTo href="FinalEquityPaymentDate"/>
                  </relativeDate>
               </terminationDate>
               <interestLegResetDates>
                  <calculationPeriodDatesReference href="InterestLegPeriodDates"/>
                  <resetRelativeTo>CalculationPeriodStartDate</resetRelativeTo>
               </interestLegResetDates>
               <interestLegPaymentDates>
                  <relativeDates>
                     <periodMultiplier>0</periodMultiplier>
                     <period>D</period>
                     <businessDayConvention>NotApplicable</businessDayConvention>
                     <dateRelativeTo href="EquityPaymentDate"/>
                  </relativeDates>
               </interestLegPaymentDates>
            </interestLegCalculationPeriodDates>
            <notional>
               <relativeNotionalAmount href="EquityNotionalAmount"/>
            </notional>
            <interestAmount>
               <paymentCurrency href="ReferenceCurrency"/>
               <referenceAmount>Standard ISDA</referenceAmount>
            </interestAmount>
            <interestCalculation>
               <floatingRateCalculation>
                  <floatingRateIndex>EUR-EURIBOR-Telerate</floatingRateIndex>
                  <indexTenor>
                     <periodMultiplier>3</periodMultiplier>
                     <period>M</period>
                  </indexTenor>
                  <spreadSchedule>
                     <initialValue>0.0050</initialValue>
                  </spreadSchedule>
               </floatingRateCalculation>
               <dayCountFraction>ACT/360</dayCountFraction>
            </interestCalculation>
         </interestLeg>
         <earlyTermination>
            <partyReference href="party1"/>
            <startingDate>
               <dateRelativeTo href="TradeDate"/>
            </startingDate>
         </earlyTermination>
         <earlyTermination>
            <partyReference href="party2"/>
            <startingDate>
               <dateRelativeTo href="TradeDate"/>
            </startingDate>
         </earlyTermination>
         <extraordinaryEvents>
            <mergerEvents>
               <shareForShare>ModifiedCalculationAgent</shareForShare>
               <shareForOther>ModifiedCalculationAgent</shareForOther>
               <shareForCombined>ModifiedCalculationAgent</shareForCombined>
            </mergerEvents>
            <tenderOffer>true</tenderOffer>
            <tenderOfferEvents>
               <shareForShare>ModifiedCalculationAgent</shareForShare>
               <shareForOther>ModifiedCalculationAgent</shareForOther>
               <shareForCombined>ModifiedCalculationAgent</shareForCombined>
            </tenderOfferEvents>
            <compositionOfCombinedConsideration>true</compositionOfCombinedConsideration>
            <additionalDisruptionEvents>
               <changeInLaw>true</changeInLaw>
               <failureToDeliver>true</failureToDeliver>
               <insolvencyFiling>false</insolvencyFiling>
               <hedgingDisruption>true</hedgingDisruption>
               <lossOfStockBorrow>true</lossOfStockBorrow>
               <increasedCostOfStockBorrow>false</increasedCostOfStockBorrow>
               <increasedCostOfHedging>false</increasedCostOfHedging>
               <determiningPartyReference href="party1"/>
            </additionalDisruptionEvents>
            <representations>
               <nonReliance>true</nonReliance>
               <agreementsRegardingHedging>true</agreementsRegardingHedging>
               <additionalAcknowledgements>true</additionalAcknowledgements>
            </representations>
            <nationalisationOrInsolvency>CancellationAndPayment</nationalisationOrInsolvency>
         </extraordinaryEvents>
      </returnSwap>
      <calculationAgent>
         <calculationAgentPartyReference href="party1"/>
      </calculationAgent>
      <documentation>
         <masterAgreement>
            <masterAgreementType>ISDA</masterAgreementType>
            <masterAgreementVersion>2002</masterAgreementVersion>
         </masterAgreement>
         <contractualDefinitions>ISDA2000</contractualDefinitions>
         <contractualDefinitions>ISDA2002Equity</contractualDefinitions>
      </documentation>
      <governingLaw>GBEN</governingLaw>
   </trade>
   <party id="party1">
      <partyId>Party A</partyId>
   </party>
   <party id="party2">
      <partyId>Party B</partyId>
   </party>
</FpML>