IIB Capital PLC




As Agent Bank, please be advised of the following rate determined on: 22-Nov-2007

Issue               : IIB Capital plc - Series 211625
                      EUR 20,000,000.00 FRN Due 25 Nov 2015
ISIN Number         : XS0236375969
Common Code/        : 23637596
144A ISIN
Issue Nomin     EUR : 20,000,000.00
Period              : 26-Nov-2007 to 25-Feb-2008          Payment Date 25-Feb-2008
Number of Days      : 91
Rate                : 4.807
Denomination EUR    : 100,000.00                  20,000,000.00

Amount Payable
per Denomination    : 1,215.10                    243,020.56

Bank of New York
Rate Fix Desk                           Telephone 44 1202 689580
Institutional Trust Services           Facsimille 44 1202 689601



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