London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Friday (July 16, 2004).

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Rates at 11:00 London time Friday (July 16, 2004)

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             USD      GBP      CAD      EUR           JPY

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O/N        1.29500  4.56438     -     2.05813     0.03125

1 Week     1.32750  4.56063     -     2.06550     0.03250

2 Weeks    1.34125  4.56063     -     2.07313     0.03375

1 Month    1.42000  4.61875     -     2.07488     0.03813

2 Months   1.52000  4.72625     -     2.09425     0.04438

3 Months   1.63000  4.83000     -     2.11613     0.05000

4 Months   1.71000  4.89750     -     2.13288     0.05250

5 Months   1.80000  4.94875     -     2.15250     0.05738

6 Months   1.89125  5.01875     -     2.18450     0.06325

7 Months   1.96188  5.05875     -     2.20575     0.06538

8 Months   2.03188  5.09750     -     2.22850     0.06813

9 Months   2.11000  5.13750     -     2.25688     0.07563

10 Months  2.18000  5.17625     -     2.28588     0.08188

11 Months  2.25313  5.21438     -     2.32125     0.08563

12 Months  2.33000  5.25438     -     2.36000     0.09188

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