Southern Gas Networks PLC

RE: SOUTHERN GAS NETWORKS PLC
    GBP 50,000,000.00
    MATURING: 21/Oct/2015
    ISSUE DATE: 21/Oct/2005
    ISIN: XS0232334101

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
21/Jul/2006 TO 23/Oct/2006 HAS BEEN FIXED AT 5.024380 PCT.

DAY BASIS 94/365

INTEREST PAYABLE VALUE 23/Oct/2006 WILL AMOUNT TO
GBP 646.97 PER GBP 50,000.00 DENOMINATION.

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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