AG99 Glaxosmsc 5.25%

    GlaxoSmithKline Capital PLC

RE: GLAXOSMITHKLINE CAPITAL PLC
    USD 250,000,000.00
    MATURING: 10-Sep-2004
    ISSUE DATE: 10-Sep-2002
    ISIN: XS0154039001

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
10-Jun-2004 TO 10-Sep-2004 HAS BEEN FIXED AT 1.410000 PCT

DAY BASIS 92/360

INTEREST PAYABLE VALUE 10-Sep-2004 WILL AMOUNT TO:
USD 900,833.33 PER USD 250,000,000.00 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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