Beta Finance Corporation

RE: Beta Finance Corporation
    GBP 30,000,000.00
    MATURING: 25/Jul/2007
    ISSUE DATE: 13/Oct/2005
    ISIN: XS0231939140

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
25/Oct/2005 TO 25/Jan/2006 HAS BEEN FIXED AT 4.592500 PCT.

DAY BASIS 92/365

INTEREST PAYABLE VALUE 25/Jan/2006 WILL AMOUNT TO
GBP 347,268.49 PER GBP 30,000,000.00 NOMINAL.
-------------------------------------------------------------

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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