Egg Banking PLC

RE: EGG BANKING PLC
    GBP 2,500,000.00
    MATURING: 22-Apr-2007
    ISSUE DATE: 22-Apr-2003
    ISIN: XS0146706618

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
22-Jan-2004 TO 22-Apr-2004 HAS BEEN FIXED AT 4.118910 PCT.

INTEREST PAYABLE VALUE 22-Apr-2004 WILL AMOUNT TO
GBP 10.24 PER GBP 1,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON TEL:
44 020 7508 3858/3855 OR FAX: 44 020 7508 3881.