82NY Hsbc Bk. 24

    Woolwich PLC

RE: WOOLWICH PLC
    ITL 15,00,000,000.00
    MATURING: 26/Nov/2007
    ISSUE DATE: 08/Oct/1997
    ISIN: XS0080965113

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
26/Aug/2005 TO 28/Nov/2005 HAS BEEN FIXED AT 2.262130 PCT

DAY BASIS 94/360

INTEREST PAYABLE VALUE 28/Nov/2005 WILL AMOUNT TO:
ITL 590,667.00 PER ITL 100,000,000.00 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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