BPE Finance International Limited

RE: BPE FINANCE INTERNATIONAL LTD
    EUR 300,000,000.00
    MATURING: 14-Jun-2004
    ISSUE DATE: 13-Dec-2002
    ISIN: XS0158886522

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
15-Mar-2004 TO 14-Jun-2004 HAS BEEN FIXED AT 2.058000 PCT

INTEREST PAYABLE VALUE 14-Jun-2004 WILL AMOUNT TO:
EUR 52.02 PER EUR 10,000.00 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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