Partial Redemption

RNS Number:7407L
Mludi Steers Notes Series 2007-1
14 January 2008

Partial Redemption



On November 15, 2007, MLUDI STEERS NOTES SERIES 2007-1 (the "Issuer") redeemed
MXN 50,000,000 (equivalent to UDI 13,050,639.01) Face Amount of Certificates.
As a result of the abovementioned partial redemption, the total outstanding face
amount of Certificates of the Issuer as of that date was MXP 2,810,000,000
(equivalent to UDI 733,445,917.42).


For further information, please contact

Frank J. Godino
MLUDI STEERS Notes Series 2007-1
c/o HSBC Bank USA, National Association
Corporate Trust & Loan Agency - International Finance Unit
452 Fifth Avenue
New York NY 10018


Phone:  +1 212 525 1316
e-mail: frank.godino@us.hsbc.com




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in the Prospectus you must ascertain from the Prospectus whether or not you are
part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above
requirement.


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            The company news service from the London Stock Exchange
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