<?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="ContractNovated" 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.imgr.com/schemes/conversation-id">001</conversationId>
      <messageId messageIdScheme="http://www.imgr.com/schemes/message-id">IRS04013-070523080309789</messageId>
      <sentBy>IMGRUS6S</sentBy>
      <sendTo>CUSTUS3T</sendTo>
      <creationTimestamp>2007-05-23T08:03:09.000-08:00</creationTimestamp>
   </header>
   <novation>
      <oldContract>
         <header>
            <identifier>
               <partyReference href="_fund"/>
               <versionedContractId>
                  <contractId contractIdScheme="http://www.swift.com/coding-scheme/contract-id">CONTR3457</contractId>
                  <version>24</version>
               </versionedContractId>
               <versionedContractId>
                  <contractId contractIdScheme="http://www.imgr.com/schemes/contract-id">CONTR3457</contractId>
                  <version>24</version>
               </versionedContractId>
            </identifier>
            <contractDate>2007-05-23</contractDate>
         </header>
         <swap>
            <productType>IRS</productType>
            <swapStream id="floatingLeg">
               <payerPartyReference href="_broker"/>
               <receiverPartyReference href="_fund"/>
               <calculationPeriodDates id="floatingCalcPeriodDates">
                  <effectiveDate>
                     <unadjustedDate>2006-12-14</unadjustedDate>
                     <dateAdjustments>
                        <businessDayConvention>NONE</businessDayConvention>
                     </dateAdjustments>
                  </effectiveDate>
                  <terminationDate>
                     <unadjustedDate>2009-12-14</unadjustedDate>
                     <dateAdjustments>
                        <businessDayConvention>MODFOLLOWING</businessDayConvention>
                        <businessCenters id="primaryBusinessCenters">
                           <businessCenter>DEFR</businessCenter>
                        </businessCenters>
                     </dateAdjustments>
                  </terminationDate>
                  <calculationPeriodDatesAdjustments>
                     <businessDayConvention>MODFOLLOWING</businessDayConvention>
                     <businessCentersReference href="primaryBusinessCenters"/>
                  </calculationPeriodDatesAdjustments>
                  <calculationPeriodFrequency>
                     <periodMultiplier>6</periodMultiplier>
                     <period>M</period>
                     <rollConvention>14</rollConvention>
                  </calculationPeriodFrequency>
               </calculationPeriodDates>
               <paymentDates>
                  <calculationPeriodDatesReference href="floatingCalcPeriodDates"/>
                  <paymentFrequency>
                     <periodMultiplier>6</periodMultiplier>
                     <period>M</period>
                  </paymentFrequency>
                  <payRelativeTo>CalculationPeriodEndDate</payRelativeTo>
                  <paymentDatesAdjustments>
                     <businessDayConvention>MODFOLLOWING</businessDayConvention>
                     <businessCentersReference href="primaryBusinessCenters"/>
                  </paymentDatesAdjustments>
               </paymentDates>
               <resetDates id="resetDates">
                  <calculationPeriodDatesReference href="floatingCalcPeriodDates"/>
                  <resetRelativeTo>CalculationPeriodStartDate</resetRelativeTo>
                  <fixingDates>
                     <periodMultiplier>-2</periodMultiplier>
                     <period>D</period>
                     <dayType>Business</dayType>
                     <businessDayConvention>NONE</businessDayConvention>
                     <businessCenters>
                        <businessCenter>GBLO</businessCenter>
                     </businessCenters>
                     <dateRelativeTo href="resetDates"/>
                  </fixingDates>
                  <resetFrequency>
                     <periodMultiplier>6</periodMultiplier>
                     <period>M</period>
                  </resetFrequency>
                  <resetDatesAdjustments>
                     <businessDayConvention>MODFOLLOWING</businessDayConvention>
                     <businessCentersReference href="primaryBusinessCenters"/>
                  </resetDatesAdjustments>
               </resetDates>
               <calculationPeriodAmount>
                  <calculation>
                     <notionalSchedule>
                        <notionalStepSchedule>
                           <initialValue>50000000.00</initialValue>
                           <currency currencyScheme="http://www.fpml.org/ext/iso4217">EUR</currency>
                        </notionalStepSchedule>
                     </notionalSchedule>
                     <floatingRateCalculation>
                        <floatingRateIndex>EUR-LIBOR-BBA</floatingRateIndex>
                        <indexTenor>
                           <periodMultiplier>6</periodMultiplier>
                           <period>M</period>
                        </indexTenor>
                     </floatingRateCalculation>
                     <dayCountFraction>ACT/360</dayCountFraction>
                  </calculation>
               </calculationPeriodAmount>
            </swapStream>
            <swapStream id="fixedLeg">
               <payerPartyReference href="_fund"/>
               <receiverPartyReference href="_broker"/>
               <calculationPeriodDates id="fixedCalcPeriodDates">
                  <effectiveDate>
                     <unadjustedDate>2006-12-14</unadjustedDate>
                     <dateAdjustments>
                        <businessDayConvention>NONE</businessDayConvention>
                     </dateAdjustments>
                  </effectiveDate>
                  <terminationDate>
                     <unadjustedDate>2009-12-14</unadjustedDate>
                     <dateAdjustments>
                        <businessDayConvention>MODFOLLOWING</businessDayConvention>
                        <businessCentersReference href="primaryBusinessCenters"/>
                     </dateAdjustments>
                  </terminationDate>
                  <calculationPeriodDatesAdjustments>
                     <businessDayConvention>MODFOLLOWING</businessDayConvention>
                     <businessCentersReference href="primaryBusinessCenters"/>
                  </calculationPeriodDatesAdjustments>
                  <calculationPeriodFrequency>
                     <periodMultiplier>1</periodMultiplier>
                     <period>Y</period>
                     <rollConvention>14</rollConvention>
                  </calculationPeriodFrequency>
               </calculationPeriodDates>
               <paymentDates>
                  <calculationPeriodDatesReference href="fixedCalcPeriodDates"/>
                  <paymentFrequency>
                     <periodMultiplier>1</periodMultiplier>
                     <period>Y</period>
                  </paymentFrequency>
                  <payRelativeTo>CalculationPeriodEndDate</payRelativeTo>
                  <paymentDatesAdjustments>
                     <businessDayConvention>MODFOLLOWING</businessDayConvention>
                     <businessCentersReference href="primaryBusinessCenters"/>
                  </paymentDatesAdjustments>
               </paymentDates>
               <calculationPeriodAmount>
                  <calculation>
                     <notionalSchedule>
                        <notionalStepSchedule>
                           <initialValue>50000000.00</initialValue>
                           <currency currencyScheme="http://www.fpml.org/ext/iso4217">EUR</currency>
                        </notionalStepSchedule>
                     </notionalSchedule>
                     <fixedRateSchedule>
                        <initialValue>0.06</initialValue>
                     </fixedRateSchedule>
                     <dayCountFraction>30E/360</dayCountFraction>
                  </calculation>
               </calculationPeriodAmount>
            </swapStream>
         </swap>
      </oldContract>
      <transferor href="_fund"/>
      <transferee href="_broker2"/>
      <remainingParty href="_broker"/>
      <novationDate>2007-05-24</novationDate>
      <novationContractDate>2007-05-23</novationContractDate>
      <novatedAmount>
         <currency>EUR</currency>
         <amount>7000000</amount>
      </novatedAmount>
      <payment id="f1">
         <payerPartyReference href="_broker2"/>
         <receiverPartyReference href="_fund"/>
         <paymentAmount>
            <currency>EUR</currency>
            <amount>5500.00</amount>
         </paymentAmount>
         <adjustedPaymentDate>2007-08-24</adjustedPaymentDate>
         <paymentType paymentTypeScheme="http://www.fpml.com/coding-scheme/cashflow-type-2-0">NovationFee</paymentType>
      </payment>
   </novation>
   <paymentDetails>
      <paymentReference href="f1"/>
      <grossCashflow>
         <cashflowId cashflowIdScheme="http://www.imgr.com/schemes/cashflow-id">CONTR3457-24-FIXED</cashflowId>
         <payerPartyReference href="_fund"/>
         <receiverPartyReference href="_broker2"/>
         <cashflowAmount>
            <currency>EUR</currency>
            <amount>7500.00</amount>
         </cashflowAmount>
         <cashflowType cashflowTypeScheme="http://www.fpml.com/coding-scheme/cashflow-type-2-0">InterestReturn</cashflowType>
      </grossCashflow>
      <grossCashflow>
         <cashflowId cashflowIdScheme="http://www.imgr.com/schemes/cashflow-id">CONTR3457-24-FLOATING</cashflowId>
         <payerPartyReference href="_broker2"/>
         <receiverPartyReference href="_fund"/>
         <cashflowAmount>
            <currency>EUR</currency>
            <amount>12500.00</amount>
         </cashflowAmount>
         <cashflowType cashflowTypeScheme="http://www.fpml.com/coding-scheme/cashflow-type-2-0">InterestReturn</cashflowType>
      </grossCashflow>
   </paymentDetails>
   <party id="_fund">
      <partyId>IMGRUS6S</partyId>
      <partyName>INVEST MGR</partyName>
      <account id="_FUNDACCT">
         <accountId accountIdScheme="http://www.imgr.com/schemes/account-id">FUND100</accountId>
      </account>
   </party>
   <party id="_broker">
      <partyId>BROKUS33</partyId>
      <partyName>BROKER 33</partyName>
   </party>
   <party id="_broker2">
      <partyId>BROKGB2L</partyId>
      <partyName>BROKER 53</partyName>
   </party>
   <party id="_cust">
      <partyId>CUSTUS3T</partyId>
      <partyName>Custodian</partyName>
      <account id="_CUSTACCT">
         <accountId accountIdScheme="http://www.custodian.com/account-id">98765</accountId>
      </account>
   </party>
</FpML>