ALLIANCE & LEICESTER GROUP TREASURY PLC

RE: ALLIANCE & LEICESTER GROUP TREASURY PLC
EUR 500,000,000.00
MATURING: 29-Nov-2004
ISSUE DATE: 29-Nov-2001
ISIN: XS0139166325

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 26-Nov-2003 TO
27-Feb-2004 HAS BEEN FIXED AT 2.278000 PCT.

INTEREST PAYABLE VALUE 27-Feb-2004 WILL AMOUNT TO
EUR 5.76 PER EUR 1,000.00 DENOMINATION.
EUR 57.58 PER EUR 10,000.00 DENOMINATION.
EUR 575.83 PER EUR 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON TEL:
44 020 7508 3858/3855 OR FAX: 44 020 7508 3881.