Sedna Finance Corporation

RE: Sedna Finance Corp
    USD 25,000,000.00
    MATURING: 30/May/2011
    ISSUE DATE: 30/May/2006
    ISIN: XS0256380774

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
30/May/2006 TO 30/Aug/2006 HAS BEEN FIXED AT 5.970000 PCT.

DAY BASIS 92/360

INTEREST PAYABLE VALUE 30/Aug/2006 WILL AMOUNT TO
USD 381,416.67 PER USD 25,000,000.00 NOMINAL.
----------------------------------------------

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL: 44 (0)20 7508 3858/3855 OR FAX: 44 (0)20 7508 3881.
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