Bremer Landesbank Kreditanstalt Oldenburg Girozentrale

RE: BREMER LANDESBANK
    USD 50,000,000.00
    MATURING: 01-Aug-2006
    ISSUE DATE: 01-Aug-2001
    ISIN: XS0133374032

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
01-May-2006 TO 01-Aug-2006 HAS BEEN FIXED AT 5.208750 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 01-Aug-2006 WILL AMOUNT TO:
USD 1,331.13 PER USD 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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