European Bank for Reconstruction and Development


Re:  EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT
     GBP 100000000
     MATURING: 17-Jul-2024
     ISIN: XS0116636217

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17-Jul-2008 TO 19-Jan-2009 HAS BEEN FIXED AT 3.545406 PCT

DAY BASIS: ACTUAL/ACTUAL(ISMA)

INTEREST PAYABLE VALUE 19-Jan-2009 WILL AMOUNT TO:
GBP 177.27 PER GBP 10000 DENOMINATION
Euro.bk.2.746in (LSE:78PI)
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