Woolwich PLC

RE: WOOLWICH PLC
    GBP 4,000,000.00
    MATURING: 23-Jun-2005
    ISSUE DATE: 23-Jun-2000
    ISIN: XS0113377328

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
23-Jun-2004 TO 23-Sep-2004 HAS BEEN FIXED AT 4.902500 PCT

DAY BASIS 92/366

INTEREST PAYABLE VALUE 23-Sep-2004 WILL AMOUNT TO:
GBP 1,232.32 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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