RNS Number:0426W
FCE Bank PLC
16 May 2002


As Agent Bank, please be advised of the following rate determined on: 
16-May-2002.

Issue             :  FCE Bank PLC - Series 147, Tranche 1
                     US$20,000,000 (MTN) FRN Due 18/2/2003
ISIN Number       :  XS0107719436
Issue Nominal USD :  20,000,000.00
Period            :  20-May-2002  To  19-Aug-2002    Payment Date  19-Aug-2002 
Number of Days    :  91
Rate              :  2.065
Denomination USD  :  100,000.00
Amount Payable
Per Denomination  :  521.99

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438



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