49FV Artsn Fin3 3.75

    Artesian Finance III Plc

RE: Artesian Finance III Plc 
    GBP 36,161,000.00
    MATURING: 30/Sep/2045
    ISSUE DATE: 20/Dec/2005
    ISIN: XS0238317084

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
20/Dec/2005 TO 31/Mar/2006 HAS BEEN FIXED AT 3.761700 PCT.

INTEREST PAYABLE VALUE 31/Mar/2006 WILL AMOUNT TO
GBP 10.44 PER GBP 1,000.00 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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