<?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="RequestTradeConfirmation" 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.abc.com/coding-scheme/conversation-id">234239</conversationId>
      <messageId messageIdScheme="http://www.abc.com/coding-scheme/message-id">283920</messageId>
      <sentBy partyIdScheme="http://www.abc.com/coding-scheme/party-id">ABC290</sentBy>
      <creationTimestamp>2000-08-01T08:57:00Z</creationTimestamp>
   </header>
   <trade>
      <tradeHeader>
         <partyTradeIdentifier>
            <partyReference href="party1"/>
            <tradeId tradeIdScheme="http://www.xyz.com/coding-scheme/trade-id">280234089</tradeId>
         </partyTradeIdentifier>
         <tradeDate id="td">2000-06-28Z</tradeDate>
      </tradeHeader><!-- Transaction Supplement DVS  ( Dispersion Variance Swap )-->
      <varianceSwapTransactionSupplement><!-- IVS -->
         <varianceLeg>
            <legIdentifier>
               <legId legIdScheme="http://www.xyz.com/coding-scheme/leg-id">92002</legId>
               <version>1</version>
            </legIdentifier>
            <payerPartyReference href="party1"/>
            <receiverPartyReference href="party2"/><!-- effective date: observation start date -->
            <effectiveDate>
               <relativeDate>
                  <periodMultiplier>0</periodMultiplier>
                  <period>D</period>
                  <businessDayConvention>MODFOLLOWING</businessDayConvention>
                  <businessCenters>
                     <businessCenter>GBLO</businessCenter>
                  </businessCenters>
                  <dateRelativeTo href="osd"/>
               </relativeDate>
            </effectiveDate>
            <underlyer>
               <singleUnderlyer>
                  <index>
                     <instrumentId instrumentIdScheme="http://www.dowjones.com/coding-scheme/instrument-id">STOXX50E</instrumentId>
                  </index>
               </singleUnderlyer>
            </underlyer>
            <valuation><!-- valuation date: -->
               <valuationDate>
                  <adjustableDate id="vd">
                     <unadjustedDate>2008-10-10Z</unadjustedDate>
                     <dateAdjustments>
                        <businessDayConvention>MODFOLLOWING</businessDayConvention>
                        <businessCenters>
                           <businessCenter>GBLO</businessCenter>
                        </businessCenters>
                     </dateAdjustments>
                  </adjustableDate>
               </valuationDate><!-- valuation time: -->
               <valuationTimeType>Close</valuationTimeType><!-- futures price valuation: applicable -->
               <futuresPriceValuation>true</futuresPriceValuation>
            </valuation>
            <amount><!-- observation start date: as specified in the relevant transaction supplement, or the trade date -->
               <observationStartDate>
                  <relativeDate id="osd">
                     <periodMultiplier>0</periodMultiplier>
                     <period>D</period>
                     <businessDayConvention>MODFOLLOWING</businessDayConvention>
                     <businessCenters>
                        <businessCenter>EUTA</businessCenter>
                     </businessCenters>
                     <dateRelativeTo href="td"/>
                  </relativeDate>
               </observationStartDate><!-- observation end date: we have so far used expectedN ( expected number of trading days ) -->
               <variance>
                  <initialLevel>0.80</initialLevel>
                  <varianceAmount>
                     <currency>EUR</currency>
                     <amount>1000000</amount>
                  </varianceAmount><!-- variance strike price: -->
                  <varianceStrikePrice>0.30</varianceStrikePrice><!-- variance cap amount: optional at this point -->
               </variance>
            </amount>
         </varianceLeg><!-- EVS 1 -->
         <varianceLeg>
            <legIdentifier>
               <legId legIdScheme="http://www.xyz.com/coding-scheme/leg-id">3939202</legId>
               <version>1</version>
            </legIdentifier>
            <payerPartyReference href="party1"/>
            <receiverPartyReference href="party2"/>
            <underlyer>
               <singleUnderlyer>
                  <equity>
                     <instrumentId instrumentIdScheme="uri:ticker">AH.AS</instrumentId>
                     <description>Ahold</description>
                     <currency>EUR</currency>
                     <exchangeId>ASE</exchangeId>
                  </equity>
               </singleUnderlyer>
            </underlyer><!-- valuation as per IVS -->
            <valuation/>
            <amount>
               <allDividends>true</allDividends>
               <variance>
                  <initialLevel>0.80</initialLevel>
                  <varianceAmount>
                     <currency>EUR</currency>
                     <amount>1000000</amount>
                  </varianceAmount><!-- variance strike price: -->
                  <varianceStrikePrice>0.35</varianceStrikePrice><!-- variance cap amount: optional at this point -->
               </variance>
            </amount>
         </varianceLeg><!-- EVS 2 -->
         <varianceLeg>
            <legIdentifier>
               <legId legIdScheme="http://www.xyz.com/coding-scheme/leg-id">92902092</legId>
               <version>1</version>
            </legIdentifier>
            <payerPartyReference href="party1"/>
            <receiverPartyReference href="party2"/>
            <underlyer>
               <singleUnderlyer>
                  <equity>
                     <instrumentId instrumentIdScheme="uri:ticker">RDSA.AS</instrumentId>
                     <description>Royal Dutch Shell A</description>
                     <currency>EUR</currency>
                     <exchangeId>ASE</exchangeId>
                  </equity>
               </singleUnderlyer>
            </underlyer><!-- valuation as per IVS -->
            <valuation/>
            <amount>
               <allDividends>true</allDividends>
               <variance>
                  <initialLevel>0.80</initialLevel>
                  <varianceAmount>
                     <currency>EUR</currency>
                     <amount>1000000</amount>
                  </varianceAmount><!-- variance strike price: -->
                  <varianceStrikePrice>0.40</varianceStrikePrice><!-- variance cap amount: optional at this point -->
               </variance>
            </amount>
         </varianceLeg>
      </varianceSwapTransactionSupplement>
      <documentation>
         <masterAgreement>
            <masterAgreementType>ISDA</masterAgreementType>
            <masterAgreementVersion>2002</masterAgreementVersion>
         </masterAgreement>
      </documentation>
      <governingLaw>GBEN</governingLaw>
   </trade>
   <party id="party1">
      <partyId>BAQ892</partyId>
   </party>
   <party id="party2">
      <partyId>COP902</partyId>
   </party>
</FpML>