London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Monday (January 12, 2004).

=========================================================

Rates  at 11:00  London  time  Friday  (January 09, 2004)

=========================================================

             USD      GBP      CAD      EUR           JPY

---------------------------------------------------------

O/N        1.03750  3.93938     -     2.05250     0.03625

1 Week     1.07250  3.86750     -     2.06113     0.03750

2 Week     1.08000  3.87438     -     2.06313     0.03875

1 Months   1.10000  3.89000     -     2.08025     0.04500

2 Months   1.11000  3.96234     -     2.08875     0.05188

3 Month    1.12000  4.02250     -     2.09250     0.06000

4 Month    1.13125  4.06281     -     2.09750     0.06250

5 Months   1.15000  4.10500     -     2.09875     0.06250

6 Months   1.17000  4.15250     -     2.10050     0.06875

7 Months   1.18875  4.18625     -     2.10288     0.07138

8 Months   1.21000  4.21500     -     2.11250     0.07338

9 Months   1.23000  4.24375     -     2.12113     0.08163

10 Months  1.26375  4.27375     -     2.13875     0.08625

11 Months  1.30375  4.31125     -     2.15150     0.08813

12 Months  1.34250  4.34875     -     2.17000     0.09388

=========================================================