FRN Variable Rate Fix
November 27 2006 - 2:05AM
UK Regulatory
Province of Naples
As Agent Bank, please be advised of the following rate determined on:23-Nov-2006
Issue : Province Of Naples - Series 1
EUR33,714,000 (MTN) FRN Due 27/5/2014
ISIN Number : XS0097828189
Common Code/ : 97828189
144A ISIN
Issue Nomin EUR : 33,714,000.00
Period : 27-Nov-2006 to 29-May-2007 Payment Date 29-May-2007
Number of Days : 183
Rate : 3.924 Pool Factor: 0.50005
Denomination EU : 500.05
Amount Payable
per Denomination : 9.97
JPMorgan Chase Bank
Rate Fix Desk Telephone 44 (0) 1202 32 6660
Institutional Trust Services Facsimile 44 (0) 1202 34 7939
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