BCL International Finance Limited

RE: BCL INTERNATIONAL FINANCE LIMITED
    EUR 200,000,000.00
    MATURING: 04-Aug-2004
    ISSUE DATE: 03-Feb-2003
    ISIN: XS0161671937

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
04-Nov-2003 TO 04-Feb-2004 HAS BEEN FIXED AT 2.171000 PCT.

INTEREST PAYABLE VALUE 04-Feb-2004 WILL AMOUNT TO
EUR 5.55 PER EUR 1,000.00 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.