Beta Finance Corporation

RE: BETA FINANCE CORPORATION
    EUR 85,000,000.00
    MATURING: 23-Jan-2006
    ISSUE DATE: 26-Jul-2004
    ISIN: XS0197414278

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
24-Oct-2005 TO 27-Jan-2006 HAS BEEN FIXED AT 2.187000 PCT

DAY BASIS 95/360

INTEREST PAYABLE VALUE 27-Jan-2006 WILL AMOUNT TO:
EUR 490,556.25 PER EUR 85,000,000.00 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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