First Flexible No3 plc

RE: FIRST FLEXIBLE NO.2 PLC
GBP 24,000,000.00
MATURING: 01-Jun-2032
ISSUE DATE: 30-May-2000
ISIN: XS0112117980

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
03-Jul-2006 TO 01-Aug-2006 HAS BEEN FIXED AT 5.480630 PCT

DAY BASIS 29/365

INTEREST PAYABLE VALUE 01-Aug-2006 WILL AMOUNT TO:
GBP 435.45 PER GBP 100,000.00 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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