BN22 Citi Fun 24

    MELROSE FINANCING NO1

RE: Melrose Financing No1 Plc
    GBP 14,000,000.00
    MATURING: 15-Feb-2008
    ISSUE DATE: 27-Feb-2001
    ISIN: XS0125296193

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Feb-2006 TO 15-May-2006 HAS BEEN FIXED AT 10.224380 PCT

DAY BASIS 92/365

INTEREST PAYABLE VALUE 15-Feb-2006 WILL AMOUNT TO:
GBP 249.31 PER GBP 10,000.00 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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