Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Committee, c/o ANZ Grindlays Bank Ltd, on Monday (October 31, 2005).

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

INTEREST PAYABLE ON FE DEPOSITS

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

                    BBA BID               MAXIMUM RATES

                    RATES                FOR PAYMENT OF

                                            INTEREST BY

                                             AUTHORISED

                                                DEALERS

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

US Dollars          Value 01-11-2005   Value 01-11-2005

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

For  3 months and over but less than

     6 months       4.0000% PA               4.7500% PA

For  6 months and over but less than

    12 months       4.1975% PA               4.9475% PA

For 12 months       4.4279% PA               5.3029% PA

For  2 years        4.4279% PA               5.8029% PA

For  3 years        4.4279% PA               6.0529% PA

For  4 years        4.4279% PA               6.3029% PA

For  5 years        4.4279% PA               6.4279% PA

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

POUND STERLING      Value 31-10-2005   Value 31-10-2005

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

For  3 months and over but less than

     6 months       4.3513% PA               5.1013% PA

For  6 months and over but less than

    12 months       4.3600% PA               5.1100% PA

For 12 months       4.3919% PA               5.2669% PA

For  2 years        4.3919% PA               5.7669% PA

For  3 years        4.3919% PA               6.0169% PA

For  4 years        4.3919% PA               6.2669% PA

For  5 years        4.3919% PA               6.3919% PA

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

EURO                Value 01-11-2005   Value 01-11-2005

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

For  3 months and over but less than

     6 months       2.0055% PA               2.7555% PA

For  6 months and over but less than

    12 months       2.1216% PA               2.8716% PA

For 12 months       2.2953% PA               3.1703% PA

For  2 years        2.2953% PA               3.6703% PA

For  3 years        2.2953% PA               3.9203% PA

For  4 years        2.2953% PA               4.1703% PA

For  5 years        2.2953% PA               4.2953% PA

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

JAPANESE YEN        Value 01-11-2005   Value 01-11-2005

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

For  3 months and over but less than

     6 months       0.1875% PA               0.5625% PA

For  6 months and over but less than

    12 months       0.1719% PA               0.5781% PA

For 12 months       0.1363% PA               0.7388% PA

For  2 years        0.1363% PA               1.2388% PA

For  3 years        0.1363% PA               1.4888% PA

For  4 years        0.1363% PA               1.7388% PA

For  5 years        0.1363% PA               1.8638% PA

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

Copyright Business Recorder, 2005