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BRIEF-Elan to redeem senior notes due 2016

Oct 1 (Reuters) - Elan Corporation PLC :

* Announces redemption of its senior notes due 2016

* Says notes in an aggregate principal amount of $624.5 million are currently

outstanding

* Elan corp -notes are redeemable at co-issuers' option at redemption price

equal to 108.750% of outstanding principal amount

* Says the redemption is expected to occur on October 31, 2012

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