Municipality Finance plc


RE: MUNICAPALITY FINANCE PLC
    USD 30,000,000.00
    MATURING: 16-Mar-2015
    ISSUE DATE: 16-Mar-2005
    ISIN: XS0213328106

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
18-Dec-2006 TO 16-Mar-2000 HAS BEEN FIXED AT 5.780630 PCT

DAY BASIS 88/360

INTEREST PAYABLE VALUE 16-Mar-2000 WILL AMOUNT TO:
USD 14,130.43 PER USD 1,000,000.00 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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