First Flexible No3 plc

RE: FIRST FLEXIBLE No3 PLC
    GBP 40,000,000.00
    MATURING: 01/Jun/2034
    ISSUE DATE: 25/Oct/2000
    ISIN: XS0119369386

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
01/Jun/2006 TO 03/Jul/2006 HAS BEEN FIXED AT 5.510000 PCT.

DAY BASIS 32/365

INTEREST PAYABLE VALUE 03/Jul/2006 WILL AMOUNT TO
GBP 483.07 PER GBP 100,000.00 DENOMINATION.
-------------------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855 OR FAX: 44 (0)20 7508 3881.
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