ALLIANCE & LEICESTER GROUP TREASURY PLC

RE: ALLIANCE & LEICESTER GROUP TREASURY PLC
    GBP 35,000,000.00
    MATURING: 18-Jun-2004
    ISSUE DATE: 18-Apr-2001
    ISIN:XS0128078051

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD 
19-Jan-2004 TO 18-Apr-2004 HAS BEEN FIXED AT 4.065160 PCT.

INTEREST PAYABLE VALUE 19-Apr-2004 WILL AMOUNT 
TO GBP 100.24 PER GBP 10,000.00 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.