Alliance & Leicester Plc

RE: ALLIANCE AND LEICESTER PLC
    GBP 17,127,000.00
    MATURING: 23/Jan/2009
    ISSUE DATE: 23/Jul/2003
    ISIN: XS0172963372

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
24/Apr/2006 TO 24/Jul/2006 HAS BEEN FIXED AT 4.721880 PCT.

DAY BASIS 91/365

INTEREST PAYABLE VALUE 24/Jul/2006 WILL AMOUNT TO
GBP 11.77 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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