RNS Number:4638W
FCE Bank PLC
27 May 2002


As Agent Bank, please be advised of the following rate determined on: 
27-May-2002.

Issue             :  FCE Bank PLC - Series 132
                     GB£25,000,000 (MTN) FRN due 25th May 2004
ISIN Number       :  XS0097609035
Issue Nominal GBP :  25,000,000.00
Period            :  27-May-2002  To  27-Aug-2002    Payment Date  27-Aug-2002
Number of Days    :  92
Rate              :  4.3025
Denomination GB   :  25,000,000.00
Amount Payable
Per Denomination  :  271,116.44

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438


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