Melrose Financing No. 1


Re:  MELROSE FINANCING NO1 PLC
     GBP 26,250,000.00
     MATURING: 15-Feb-2008
     ISIN: XS0125701127

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Nov-2007 TO 15-Feb-2008 HAS BEEN FIXED AT 12.342500 PCT

DAY BASIS: ACTUAL/365(FIX)

INTEREST PAYABLE VALUE 15-Feb-2008 WILL AMOUNT TO:
GBP 0.00 PER GBP 10,000.00 DENOMINATION
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