BCL International Finance Limited

RE: BCL INTERNATIONAL FINANCE LIMITED
    EUR 400,000,000.00
    MATURING: 27-Sep-2004
    ISSUE DATE: 26-Mar-2003
    ISIN: XS0165347658

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
29-Dec-2003 TO 29-Mar-2004  HAS BEEN FIXED AT 2.167000 PCT

INTEREST PAYABLE VALUE 29-Mar-2004 WILL AMOUNT TO:
EUR 5.48 PER EUR 1,000.00 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