BW20030224002081  20030224T165642Z UTC


( BW)(WOOLWICH-PLC)(82NY) FRN Variable Rate Fix

    Business Editors
    UK REGULATORY NEWS

    LONDON--(BUSINESS WIRE)--Feb. 24, 2003--

RE: WOOLWICH PLC
    ITL 15,000,000,000 SERIES 85 EMTN
    DUE NOVEMBER 2007
    ISIN: XS0080965113

THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE PERIOD
26FEB03 TO 27MAY03 HAS BEEN FIXED AT 2.72025 PCT PER ANNUM

THE COUPON AMOUNT DUE 27MAY03 WILL AMOUNT TO:
ITL 680,063 PER ITL 100,000,000 DENOMINATION

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON TEL:
44 20 7508 3857/3855 OR FAX: 44 20 7508 3881

RATEFIX DESK
CITIBANK N.A., LONDON

   Short Name: Woolwich PLC
   Category Code: RC
   Sequence Number: 00002242
   Time of Receipt (offset from UTC): 20030224T161401+0000

    --30--AC/ny*

    CONTACT: Woolwich PLC
 
    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Woolwich PLC

Today's News On The Net - Business Wire's full file on the Internet
                          with Hyperlinks to your home page.
                          URL: http://www.businesswire.com