82NY Hsbc Bk. 24

    Woolwich PLC

RE: WOOLWICH PLC
    GBP 1,500,000.00
    MATURING: 15-Sep-2005
    ISSUE DATE: 15-Sep-2000
    ISIN: XS0117758614

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Jun-2004 TO 15-Sep-2004 HAS BEEN FIXED AT 4.873750 PCT.

DAY BASIS 92/366

INTEREST PAYABLE VALUE 15-Sep-2004 WILL AMOUNT TO:
GBP 1,225.10 PER GBP 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855 OR FAX: 44 20 7508 3881.

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