38NU Inter-amer 28

    Spintab AB

RE: AB SPINTAB
    EUR 400,000,000.00
    MATURING: 07-Apr-2006
    ISSUE DATE: 07-Oct-2004
    ISIN: XS0202414545

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 07-Jan-2005 TO
07-Apr-2005 HAS BEEN FIXED AT 2.151000 PCT.

DAY BASIS 90/360

INTEREST PAYABLE VALUE 07-Apr-2005 WILL AMOUNT TO 
EUR 5.38 PER EUR 1,000.00 DENOMINATION.
EUR 53.78 PER EUR 10,000.00 DENOMINATION.
EUR 537.75 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.

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