Melrose Financing No. 1 Plc




RE: MELROSE FINANCING NO1 PLC
    USD 5,000,000.00
    MATURING: 15-Feb-2008
    ISSUE DATE: 27-Feb-2001
    ISIN: XS0125294065

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-May-2007 TO 15-Aug-2007 HAS BEEN FIXED AT 10.860000 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 15-Aug-2007 WILL AMOUNT TO:
USD 277.53 PER USD 10,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3858/3855
FAX: 44 20 7508 3866
Email: rate.fixing@citigroup.com
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