FRN Variable Rate Fix

FRN Variable Rate Fix 

    LONDON--(BUSINESS WIRE)--Aug. 11, 2003--

RE: BANCA MONTE DEI PASCHI
    USD 250,000,000.00
    MATURING: 12-Aug-2004
    ISSUE DATE: 12-Aug-1999
    ISIN: XS0100331528

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
12-Aug-2003 TO 12-Nov-2003 HAS BEEN FIXED AT 1.255000 PCT.

INTEREST PAYABLE VALUE 12-Nov-2003 WILL AMOUNT TO 
USD 32.07 PER USD 10,000.00 DENOMINATION.
USD 320.72 PER USD 100,000.00 DENOMINATION.

IF YOU HAVE ANY QUERIES PLEASE CONTACT THE RATE FIX DESK ON
TEL: [phone]/3855 OR FAX: [phone].

   Short Name: Banca Monte Dei
   Category Code: RC
   Sequence Number: 00008226
   Time of Receipt (offset from UTC): 20030808T200331+0100