Lloyds TSB Bank PLC

RE: LLOYDS TSB BANK PLC
    USD 20,000,000.00
    MATURING: 16/Jul/2018
    ISSUE DATE: 16/Jul/2003
    ISIN: XS0171722472

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
16/Jul/2005 TO 16/Jul/2006 HAS BEEN FIXED AT 6.151836 PCT.

DAY BASIS 365/365

INTEREST PAYABLE VALUE 17/Jul/2006 WILL AMOUNT TO
USD 3,075.92 PER USD 50,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 (0)20 7508 3858/3855 OR FAX: 44 (0)20 7508 3881.
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