HBOS Treasury Services PLC

RE: HBOS Treasury Services
    EUR 102,000,000.00
    MATURING: 20-Sep-2024
    ISSUE DATE: 20-Sep-2004
    ISIN: XS0200785615

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20-Mar-2006 TO 20-Jun-2006 HAS BEEN FIXED AT 0.007969 PCT

INTEREST PAYABLE VALUE 20-Jun-2006 WILL AMOUNT TO:
EUR 796.92 PER EUR 100,000.00 DENOMINATION

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