MELROSE FINANCING NO1

RE: MELROSE FINANCING NO1 PLC
    USD 935,000,000.00
    MATURING: 15/Feb/2008
    ISSUE DATE: 27/Feb/2001
    ISIN: XS0125291715

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15/Nov/2005 TO 15/Feb/2006 HAS BEEN FIXED AT 4.662250 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 15/Feb/2006 WILL AMOUNT TO:
USD 119.15 PER USD 10,000.00 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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