PRESS RELEASE

TARGET2: Confirmation of the go-live date for migration group 1

9 November 2007

After successful completion of its tests, the Eurosystem acknowledges the readiness of the national banking communities of migration group 1 (Austria, Cyprus, Germany, Latvia, Lithuania, Luxemburg, Malta and Slovenia) and confirms the go-live of the first country wave as scheduled on 19 November 2007.

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