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BNP Paribas Investment Partners temporaly suspends the calculation
of the Net Asset Value of the following funds : Parvest Dynamic ABS,
BNP Paribas ABS EURIBOR and BNP Paribas ABS EONIA
Ecouter

Paris, 9th Aug. 2007

by Readspeaker

The complete evaporation of liquidity in certain market segments of the US securitisation
market has made it impossible to value certain assets fairly regardless of their quality or credit
rating. The situation is such that it is no longer possible to value fairly the underlying US ABS
assets in the three above-mentioned funds. We are therefore unable to calculate a reliable net
asset value (“NAV”) for the funds.
In order to protect the interests and ensure the equal treatment of our investors, during these
exceptional times, BNP Paribas Investment Partners has decided to temporarily suspend the
calculation of the net asset value as well as subscriptions/redemptions, in strict compliance
with regulations, for the following funds:

Parvest Dynamic ABS effective 7 August 2007, 3pm (Luxembourg time)
BNP Paribas ABS Euribor and BNP Paribas ABS Eonia effective 7 August 2007, 1pm (Paris
time)

The valuation of these funds and the issue/redemption process will resume as soon as liquidity
returns to the market allowing NAV to be calculated.
In the continued absence of liquidity, additional information on the envisaged measures will be
communicated to investors in these funds within one month of today.
Press contacts:
Christian Beydon (BNP Paribas Investment Partners) + 33 1 58 97 29 56
christian.beydon@bnpparibas.com
Céline Castex (BNP Paribas) + 33 1 42 98 15 91
celine.castex@bnpparibas.com

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