BPE Finance International Limited

RE: BPE FINANCE INTERNATIONAL LIMITED
    EUR 300,000,000.00
    MATURING: 16-Dec-2005
    ISSUE DATE: 16-Dec-2002
    ISIN: XS0158980119

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
16-Jun-2005 TO 16-Sep-2005 HAS BEEN FIXED AT 2.291000 PCT.

DAY BASIS 92/360

INTEREST PAYABLE VALUE 16-Sep-2005 WILL AMOUNT TO
EUR 5.60 PER EUR 1,000.00 DENOMINATION.
EUR 55.99 PER EUR 10,000.00 DENOMINATION.
EUR 559.92 PER EUR 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: 44 020 7508 3858/3855 OR FAX: 44 020 7508 3881.
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