BCL International Finance Limited

RE: BCL 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 15-Jan-2004 to
15-Jly-2004 HAS BEEN FIXED AT 2.412000 PCT.

INTEREST PAYABLE VALUE 15-Jly-2004 WILL AMOUNT TO
EUR 1,219.40 PER EUR 100,000.00 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.