<?xml version="1.0" encoding="UTF-8"?>
<!--
   == Copyright (c) 2002-2007. 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/2007/FpML-4-4" xmlns:fpml="http://www.fpml.org/2007/FpML-4-4" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" version="4-4" xsi:schemaLocation="http://www.fpml.org/2007/FpML-4-4 ../../fpml-main-4-4.xsd http://www.w3.org/2000/09/xmldsig# ../../xmldsig-core-schema.xsd" xsi:type="DataDocument">
   <trade>
      <tradeHeader>
         <partyTradeIdentifier>
            <partyReference href="party1"/>
            <tradeId tradeIdScheme="http://www.swapswire.com/spec/2001/trade-id-1-0">37262</tradeId>
         </partyTradeIdentifier>
         <partyTradeIdentifier>
            <partyReference href="party2"/>
            <tradeId tradeIdScheme="http://www.swapswire.com/spec/2001/trade-id-1-0">37262</tradeId>
         </partyTradeIdentifier><!-- C24 (http://www.c24.biz) Simon Heinrich: Changed tradeDate from 2002-12-03 to 2002-11-03 -->
         <tradeDate>2002-11-03Z</tradeDate>
      </tradeHeader>
      <creditDefaultSwap>
         <generalTerms>
            <effectiveDate>
               <unadjustedDate>2002-12-03Z</unadjustedDate>
               <dateAdjustments>
                  <businessDayConvention>NONE</businessDayConvention>
               </dateAdjustments>
            </effectiveDate>
            <scheduledTerminationDate>
               <adjustableDate>
                  <unadjustedDate>2008-01-15Z</unadjustedDate>
                  <dateAdjustments>
                     <businessDayConvention>NONE</businessDayConvention>
                  </dateAdjustments>
               </adjustableDate>
            </scheduledTerminationDate>
            <sellerPartyReference href="party1"/>
            <buyerPartyReference href="party2"/>
            <dateAdjustments>
               <businessDayConvention>FOLLOWING</businessDayConvention>
               <businessCenters>
                  <businessCenter>GBLO</businessCenter>
                  <businessCenter>EUTA</businessCenter>
               </businessCenters>
            </dateAdjustments>
            <referenceInformation>
               <referenceEntity id="referenceEntity">
                  <entityName>Invensys plc</entityName>
                  <entityId entityIdScheme="http://www.fpml.org/spec/2003/entity-id-RED-1-0">4A7324</entityId>
               </referenceEntity>
               <referenceObligation>
                  <bond>
                     <instrumentId instrumentIdScheme="http://www.fpml.org/spec/2002/instrument-id-ISIN-1-0">US826166AA89</instrumentId>
                     <couponRate>0.07125</couponRate>
                     <maturity>2007-01-15</maturity>
                  </bond>
                  <primaryObligorReference href="referenceEntity"/>
               </referenceObligation>
               <allGuarantees>true</allGuarantees>
               <referencePrice>1</referencePrice>
            </referenceInformation>
         </generalTerms>
         <feeLeg>
            <periodicPayment>
               <paymentFrequency>
                  <periodMultiplier>3</periodMultiplier>
                  <period>M</period>
               </paymentFrequency>
               <firstPaymentDate>2003-01-15Z</firstPaymentDate>
               <rollConvention>15</rollConvention>
               <fixedAmountCalculation>
                  <calculationAmount>
                     <currency>EUR</currency>
                     <amount>5000000</amount>
                  </calculationAmount>
                  <fixedRate>0.009</fixedRate>
                  <dayCountFraction>ACT/360</dayCountFraction>
               </fixedAmountCalculation>
            </periodicPayment>
         </feeLeg>
         <protectionTerms>
            <calculationAmount>
               <currency>EUR</currency>
               <amount>5000000</amount>
            </calculationAmount>
            <creditEvents>
               <bankruptcy/>
               <failureToPay>
                  <paymentRequirement>
                     <currency>USD</currency>
                     <amount>1000000</amount>
                  </paymentRequirement>
               </failureToPay>
               <restructuring>
                  <restructuringType>ModModR</restructuringType>
                  <multipleHolderObligation/>
                  <multipleCreditEventNotices/>
               </restructuring>
               <defaultRequirement>
                  <currency>USD</currency>
                  <amount>10000000</amount>
               </defaultRequirement>
               <creditEventNotice>
                  <notifyingParty>
                     <buyerPartyReference href="party2"/>
                     <sellerPartyReference href="party1"/>
                  </notifyingParty>
                  <publiclyAvailableInformation>
                     <standardPublicSources/>
                     <specifiedNumber>2</specifiedNumber>
                  </publiclyAvailableInformation>
               </creditEventNotice>
            </creditEvents>
            <obligations>
               <category>BorrowedMoney</category>
            </obligations>
         </protectionTerms>
         <physicalSettlementTerms>
            <settlementCurrency>EUR</settlementCurrency>
            <physicalSettlementPeriod>
               <businessDays>30</businessDays>
            </physicalSettlementPeriod>
            <deliverableObligations>
               <accruedInterest>false</accruedInterest>
               <category>BondOrLoan</category>
               <notSubordinated/>
               <specifiedCurrency/>
               <notContingent/>
               <assignableLoan/>
               <consentRequiredLoan/>
               <transferable/>
               <maximumMaturity>
                  <periodMultiplier>30</periodMultiplier>
                  <period>Y</period>
               </maximumMaturity>
               <notBearer/>
            </deliverableObligations>
            <escrow>true</escrow>
            <sixtyBusinessDaySettlementCap>true</sixtyBusinessDaySettlementCap>
         </physicalSettlementTerms>
      </creditDefaultSwap>
      <calculationAgent>
         <calculationAgentPartyReference href="party1"/>
      </calculationAgent>
      <calculationAgentBusinessCenter>GBLO</calculationAgentBusinessCenter>
      <documentation>
         <masterAgreement>
            <masterAgreementType>ISDA1992</masterAgreementType>
         </masterAgreement>
         <contractualDefinitions>ISDA2003Credit</contractualDefinitions>
         <contractualSupplement>ISDA2003CreditMay2003</contractualSupplement>
      </documentation>
   </trade>
   <party id="party1">
      <partyId>XYZBICXXX</partyId>
      <partyName>XYZ Bank</partyName>
   </party>
   <party id="party2">
      <partyId>ABCBICXXX</partyId>
      <partyName>ABC Bank</partyName>
   </party>
</FpML>