BCL International Finance Limited

RE: BCL INTERNATIONAL FINANCE LIMITED
    EUR  300,000,000.00
    MATURING: 21-Jun-2004
    ISSUE DATE: 20-Dec-2002
    ISIN: XS0159754232

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
22-Dec-2003 TO 22-Mar-2004  HAS BEEN FIXED AT 2.161000 PCT

INTEREST PAYABLE VALUE 22-Mar-2004 WILL AMOUNT TO:
EUR 5.46 PER EUR 1,000.00 DENOMINATION
EUR 54.63 PER EUR 10,000.00 DENOMINATION
EUR 546.25 PER EUR 100,000.00 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 20 7508 3857/3855 OR FAX: 44 20 7508 3881