90PY Nat.grd.e W 24

    Leumi International Investments
As Agent Bank, please be advised of the following rate determined on: 20-Apr-06

Issue            : Leumi International Investments - Series 5
                   USD100,000,000 (MTN) FRN due 23/04/11     
ISIN Number      : XS0127380219
Common Code/
144A ISIN        : 127380219
Issue Nomin GBP  : 100,000,000.00
Period           : 24-Apr-2006 to 23-Oct-2006       Payment Date   23-Oct-2006
Number of Days   : 182
Rate             : 5.905  
Denomination GB  : 10,000.00
Amount Payable
per Denomination : 294.44

Rate Fix Desk                        Telephone  44 (0) 1202 34 1286 
Institutional Trust Services         Facsimile  44 (0) 1202 34 1287

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