BANCAJA INTERNATIONAL FINANCE

RE: BANCAJA INTERNATIONAL FINANCE
    EUR 600,000,000.00
    MATURING: 22/Jan/2007
    ISSUE DATE: 22/Jan/2002
    ISIN: XS0141710029

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
23/Jan/2006 TO 24/Apr/2006 HAS BEEN FIXED AT 2.716000 PCT.

DAY BASIS 91/360

INTEREST PAYABLE VALUE 24/Apr/2006 WILL AMOUNT TO
EUR 686.54 PER EUR 100,000.00 DENOMINATION.
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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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