Permanent Custodians Ltd


RE: PERMANENT CUSTODIANS LIMITED
    USD 582,000,000.00
    MATURING: 10/Nov/2032
    ISSUE DATE: 23/Nov/2001
    ISIN: XS0139241805

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
12/Feb/2007 TO 10/May/2007 HAS BEEN FIXED AT 5.610000 PCT.

DAY BASIS 87/360

INTEREST PAYABLE VALUE 10/May/2007 WILL AMOUNT TO
USD 159.51 PER USD 11,765.15 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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