London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Thursday (June 03, 2004).

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

Rates at 11:00 London time Thursday (June 03, 2004)

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

             USD      GBP      CAD      EUR           JPY

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

O/N        1.05375  4.47000     -     2.08750     0.03125

1 Week     1.08250  4.25000     -     2.08125     0.03250

2 Weeks    1.09000  4.38125     -     2.07625     0.03375

1 Month    1.15000  4.49125     -     2.07875     0.03750

2 Months   1.25500  4.59625     -     2.08350     0.04375

3 Months   1.36000  4.70375     -     2.09450     0.04875

4 Months   1.46000  4.77250     -     2.12013     0.05075

5 Months   1.56000  4.85375     -     2.14419     0.05525

6 Months   1.66000  4.92625     -     2.16338     0.06100

7 Months   1.75000  4.99000     -     2.19706     0.06500

8 Months   1.84000  5.05750     -     2.22875     0.06750

9 Months   1.92625  5.11875     -     2.25875     0.07438

10 Months  2.01000  5.17250     -     2.29388     0.08000

11 Months  2.09875  5.22250     -     2.32538     0.08438

12 Months  2.18625  5.28000     -     2.36388     0.08875

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