The Cayman Islands Stock Exchange hereby admits the following securities to listing:

Name of Issuer: N-Star REL CDO VI Ltd and N-Star REL CDO VI LLC

Number and Description of Securities:

$174,800,000 Class A-I Floating Rate Notes due June 2041

$ 27,225,000 Class A-2 Floating Rate Notes due June 2041

$ 21,825,000 Class B Floating Rate Notes due June 2041

$ 12,825,000 Class C Floating Rate Deferrable Interest Notes due June 2041

$ 13,950,000 Class D Floating Rate Deferrable Interest Notes due June 2041

$ 10,125,000 Class E Floating Rate Deferrable Interest Notes due June 2041

$ 7,650,000 Class F Floating Rate Deferrable Interest Notes due June 2041

$ 9, 900,000 Class G Floating Rate Deferrable Interest Notes due June 2041

Type of issue: Specialist Debt

From: 3:30 p.m. on March 17, 2006

Copies of the listing document may be obtained during normal business hours at the offices of the Exchange.