BJ88 Sg.issuer 34

Dorada Corporation

RE: DORADA CORPORATION
    GBP 77,000,000.00
    MATURING: 17-May-2004
    ISSUE DATE: 15-May-2003
    ISIN: XS0168689221

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
17-Feb-2004 TO 17-May-2004 HAS BEEN FIXED AT 4.127500 PCT

INTEREST PAYABLE VALUE 17-May-2004 WILL AMOUNT TO:
GBP 783,659.59 PER GBP 77,000,000.00 NOMINAL.

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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