Sedna Finance Corporation



RE: SEDNA FINANCE CORP
    USD 25,000,000.00
    MATURING: 15/Sep/2011
    ISSUE DATE: 15/Sep/2006
    ISIN: XS0257399492

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15/Mar/2007 TO 15/Jan/2007 HAS BEEN FIXED AT 6.104880 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 15/Jun/2007 WILL AMOUNT TO:
USD 390,034.00 PER USD 25,000,000.00 NOMINAL

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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