Permanent Custodians Limited


RE: PERMANENT CUSTODIANS LIMITED
    USD 731,000,000.00
    MATURING: 10-Jun-2033
    ISSUE DATE: 10-Jul-2002
    ISIN: XS0149964198

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
13-Mar-2007 TO 12-Jun-2007 HAS BEEN FIXED AT 5.530000 PCT

DAY BASIS 91/360

INTEREST PAYABLE VALUE 12-Jun-2007 WILL AMOUNT TO:
USD 193.81 PER USD 13,864.49 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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