Artesian Finance III Plc


RE: ARTESIAN FINANCE III PLC
    GBP 36,161,000.00
    MATURING: 30-Sep-2045
    ISSUE DATE: 20-Dec-2005
    ISIN: XS0238317084

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
30-Sep-2006 TO 31-Mar-2007 HAS BEEN FIXED AT 3.885000 PCT

DAY BASIS

INTEREST PAYABLE VALUE 31-Mar-2007 WILL AMOUNT TO:
GBP 19.43 PER GBP 1,000.00 DENOMINATION

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