FCE Bank PLC

As Agent Bank, please be advised of the following rate determined on: 23-Dec-2003

Issue               : FCE  Bank Plc - Series 136
                      EUR 40,000,000(MTN) FRN Due 29 June 2004
ISIN Number         : XS0099146416
Issue Nomin     EUR : 40,000,000.00
Period              : 29-Dec-2003 to 29-March-2004          Payment Date 29-March-2004
Number of Days      : 91
Rate                : 2.292
Denomination    EUR : 40,000.00

Amount Payable 
per Denomination    : 231,746.67

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