<?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="DataDocument" 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">
   <trade>
      <tradeHeader>
         <partyTradeIdentifier>
            <partyReference href="party1"/>
            <tradeId tradeIdScheme="http://www.newbank.com/trade-id">CDX1234</tradeId>
         </partyTradeIdentifier>
         <partyTradeIdentifier>
            <partyReference href="party2"/>
            <tradeId tradeIdScheme="http://www.massivebank.com/trade-id">1234A6</tradeId>
         </partyTradeIdentifier>
         <tradeDate>2005-01-24Z</tradeDate>
      </tradeHeader>
      <creditDefaultSwap>
         <generalTerms>
            <effectiveDate>
               <unadjustedDate>2004-03-23Z</unadjustedDate>
            </effectiveDate>
            <scheduledTerminationDate>
               <adjustableDate>
                  <unadjustedDate>2009-03-20Z</unadjustedDate>
               </adjustableDate>
            </scheduledTerminationDate>
            <sellerPartyReference href="party1"/>
            <buyerPartyReference href="party2"/>
            <indexReferenceInformation>
               <indexName>Dow Jones CDX NA IG.2</indexName>
               <indexSeries>2</indexSeries>
               <indexAnnexDate>2004-07-06Z</indexAnnexDate>
               <indexAnnexSource>Publisher</indexAnnexSource>
            </indexReferenceInformation>
         </generalTerms>
         <feeLeg>
            <initialPayment>
               <payerPartyReference href="party1"/>
               <receiverPartyReference href="party2"/>
               <paymentAmount>
                  <currency>USD</currency>
                  <amount>16000</amount>
               </paymentAmount>
            </initialPayment>
            <periodicPayment>
               <fixedAmountCalculation>
                  <fixedRate>0.0060</fixedRate>
               </fixedAmountCalculation>
            </periodicPayment>
         </feeLeg>
         <protectionTerms>
            <calculationAmount>
               <currency>USD</currency>
               <amount>25000000</amount>
            </calculationAmount>
         </protectionTerms>
      </creditDefaultSwap>
      <documentation>
         <masterConfirmation>
            <masterConfirmationType>DJ.CDX.NA</masterConfirmationType>
            <masterConfirmationDate>2004-10-18Z</masterConfirmationDate>
         </masterConfirmation>
      </documentation>
   </trade>
   <party id="party1">
      <partyId>NEWBANKNYBICXXX</partyId>
      <partyName>New Bank, New York</partyName>
   </party>
   <party id="party2">
      <partyId>MASSIVENYBICXXX</partyId>
      <partyName>Massive Bank, New York</partyName>
   </party>
</FpML>