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clarification

January 7, 2009

Analysis of:Austria Takes Control of Medici, Bank With $2.1 Billion Madoff Investments | www.bloomberg.com

- bank medici did not HAVE 2.1bn investments, but SOLD 2.1bn investments to mostly professional investors as defined by MIFID - what remains for Medici is the legal risk of being sued by not giving sufficient transparency what implied risks in the strategy are concerned.

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