66LY Georgia 26 A

    ALLIANCE & LEICESTER GROUP TREASURY PLC

RE: ALLIANCE & LEICESTER GROUP TREASURY
    GBP 10,000,000.00
    MATURING: 21-Jan-2005
    ISSUE DATE: 21-Jan-2000
    ISIN: XS0106603276

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
21-Oct-2004 TO 21-Jan-2005 HAS BEEN FIXED AT 5.098750 PCT

INTEREST PAYABLE VALUE 21-Jan-2005 WILL AMOUNT TO:
GBP 12.82 PER GBP 1,000.00 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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