82NY Hsbc Bk. 24

RNS Number:5496F
Woolwich PLC
23 December 2002

RE:   WOOLWICH PLC
      GBP 4,000,000 SERIES 111 EMTN 
      DUE JUNE 2005 
      ISIN: XS0113377328

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD 23DEC02 TO 24MAR03 HAS BEEN FIXED AT 4.08766 PCT PER ANNUM.

THE COUPON AMOUNT DUE 24MAR03 WILL AMOUNT TO:
GBP 1,019.12 PER GBP 100,000 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON 
TEL: 44 207 508 3857/3855 OR FAX: 44 207 508 3881.


RATEFIX DESK 
CITIBANK N.A., LONDON


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
RC FELFADSESEFE

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