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
22/Jan/2007 TO 23/Apr/2007 HAS BEEN FIXED AT 5.898130 PCT

DAY BASIS 91/365

INTEREST PAYABLE VALUE 23/Apr/2007 WILL AMOUNT TO:
GBP 735.25 PER GBP 50,000.00 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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