36PU Elan Inst Nts40

RNS Number:3260Y
E.L.A.N. Ld
05 May 2004

E.L.A.N LIMITED



05 May 2004



RE: RATE FIX NOTIFICATION



AS AGENT BANK, PLEASE BE ADVISED OF THE FOLLOWING RATE DETERMINED ON:
04-May-2004



ISSUE: E.L.A.N Limited -Series 2003-20

EUR 4,740,000,000 Secured FRn due 4 Nov 2005

ISIN: XS0179652044

PERIOD: 06-May-2004 TO 04-Aug-2004

ISSUE NOMINAL EU: 50,000,000.00

NUMBER OF DAYS: 90

RATE: 0.0475

PAYMENT DATE: 04-Aug-2004

DENOMINATION EU: 10,000.00

AMOUNT PAYABLE PER DENOMINATION: 1,187

POOL FACTOR:







Institutional

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Fax: 44 (0) 1202 34 7438







This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.






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