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Correction

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In "Exane stands up for commodities" in the July/August issue, page 38, we stated that Exane was acquired by BNP Paribas in 2004 and is now 96%-owned by the bank. This should have read: "50% of Exane's holding company, Verner Investissements, was acquired by BNP Paribas in 2004."

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