Loan Stock Interest

British Empire Sec & Gen Tst PLC
8 July 2002

The Company announces that the rate (gross of income tax) on the Equities Index
Loan Stock 2013, for the quarter ended 30 June 2002 is 1.567p per unit 
calculated on a net dividend basis, equivalent to £15.67 per 1,000 units. The 
record date is 30 June 2002 and the payment date is 10 July 2002.

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