FCE Bank PLC

As Agent Bank, please be advised of the following rate determined on:03-Nov-2003

Issue               : FCE Bank PLC - Series 141
                      US$30,000,000 (MTN) FRN due 5th Nov 2004
ISIN Number         : XS0103906052
Issue Nomin     USD : 30,000,000.00
Period              : 05-Nov-2003 to 05-Feb-2004      Payment Date 05-Feb-2004
Number of Days      : 92
Rate                : 1.41
Denomination    US  : 30,000,000.00

Amount Payable 
per Denomination    : 108,100.00

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