HBOS Treasury Services

RE: HBOS TREASURY SERVICES PLC
    EUR 120,000,000.00
    MATURING: 09-Mar-2025
    ISSUE DATE: 09-Mar-2005
    ISIN: XS0213355174

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
11-Sep-2006 TO 11-Dec-2006 HAS BEEN FIXED AT 0.883595 PCT

INTEREST PAYABLE VALUE 11-Dec-2006 WILL AMOUNT TO:
EUR 88.36 PER EUR 10,000.00 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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