Rothschilds Continuation Finance PLC

As Agent Bank, please be advised of the following rate determined on:22-Jun-2004

Issue               : Rothschilds Continuation Finance PLC - Series 2
                      EUR 320,000,000 EMTN/FRN Due 24 Mar 2005
ISIN Number         : XS0145120043
Common Code /       : 14512004
144A ISIN
Issue Nomin     EUR : 320,000,000.00
Period              : 24-Jun-2004 to 24-Sep-2004      Payment Date   24-Sep-2004
Number of Days      : 92
Rate                : 2.423
Denomination    EU  : 100,000.00     10,000,00    1,000.00

Amount Payable 
per Denomination    : 619.21         61.92        6.19

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

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