46IV Thames W.u. 41

RNS No 9947x
BANK OF SCOTLAND TREASURY SERVICES PLC
28th July 1997


TO: COMPANY ANNOUNCEMENTS OFFICE

BANK OF SCOTLAND TREASURY SERVICES PLC
PROGRAMME FOR THE ISSUANCE OF DEBT INSTRUMENTS.
GBP 10,000,000 DUE OCTOBER 2000 XS0059122290

PLEASE BE ADVISED THAT WE HAVE TODAY SET THE RATE
ON THE ABOVE MENTIONED ISSUE AT 7.0325 PCT PER
ANNUM FOR THE INTEREST PERIOD FROM 28JUL97 TO
28OCT97.

INTEREST PAYABLE VALUE 28OCT98 WILL AMOUNT TO
GBP 1,772.58 PER GBP 100,000.00 NOTE.

FROM:
PAUL YARDE
GLOBAL TRUST AND AGENCY SERVICES
0171 325 8777


END

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