BCL International Finance Limited

RE: B C L INTERNATIONAL FINANCE LIMITED
    EUR 8,000,000.00
    MATURING: 15-Jly-2009
    ISSUE DATE: 15-Jly-1999
    ISIN: XS0099236167

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17-Jan-2005 TO 15-Jly-2005 HAS BEEN FIXED AT 2.501000 PCT

DAY BASIS 179/360

INTEREST PAYABLE VALUE 15-Jly-2005 WILL AMOUNT TO:
EUR 1,243.55 PER EUR 100,000.00 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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