ALLIANCE & LEICESTER PLC

RE: ALLIANCE & LEICESTER PLC
    EUR 50,000,000.00
    MATURING: 08/Oct/2014
    ISSUE DATE: 08/Oct/2004
    ISIN: XS0202323746

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
10/Jul/2006 TO 09/Oct/2006 HAS BEEN FIXED AT 3.254500 PCT.

DAY BASIS 91/360

INTEREST PAYABLE VALUE 09/Oct/2006 WILL AMOUNT TO
EUR 411.33 PER EUR 50,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855 OR FAX 44 (0)20 7508 3881.

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