46IV Thames W.u. 41

RNS No 9450r
BANK OF SCOTLAND TREASURY SERVICES PLC
3rd July 1997


TO:   COMPANY ANNOUNCEMENTS OFFICE

BANK OF SCOTLAND TREASURY SERVICES PLC

PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
USD 5,000,000 DUE 7 APRIL 2005 XS0056603276
PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 6.23125 PCT PER
ANNUM FOR THE INTEREST PERIOD FROM 07JUL97 TO
07OCT97.

INTEREST PAYABLE VALUE 07OCT97 WILL AMOUNT TO
USD 1,592.43 PER USD 100,000.00 NOTE.

FROM:
PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8818


END

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