Issue of Debt

Rentokil Initial PLC
                  

                         RENTOKIL INITIAL PLC

                               Issue of

         JPY 3,000,000,000 Fixed Rate Notes due 13 April 2007

                      under the EUR 2,500,000,000
                    Euro Medium Term Note Programme

This document constitutes the Pricing Supplement relating to the issue of Notes
described herein. Terms used herein shall be deemed to be defined as such for
the purposes of the Conditions set forth in the Offering Circular dated 9 June
2003. This Pricing Supplement is supplemental to and must be read in conjunction
with such Offering Circular.


1. (i)      Series Number:                   13

   (ii)     Tranche Number:                  1

2. Specified Currency or Currencies:         Japanese Yen ('JPY')

3. Aggregate Nominal Amount:                 JPY3,000,000,000

4. (i)      Issue Price:                     100.00 per cent of the Aggregate
                                             Nominal Amount 

   (ii)     Net Proceeds:                    Not Applicable    

5. Specified Denominations:                  JPY 100,000,000 which may not be
                                             divided into smaller denominations.
                                             This is comprised of fewer than 50
                                             (fifty) certificates

6. Issue Date and Interest Commencement Date:13 April 2004

7. Maturity Date:                            13 April 2007

8. Interest Basis:                           0.6 per cent. Fixed Rate

9. Redemption/Payment Basis:                 Redemption at par

10. Change of Interest Basis or 
    Redemption/Payment Basis:                Not Applicable

11. Put/Call Options:                        Not Applicable

12. Listing:                                 London

13. Method of distribution:                  Non-syndicated

    PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE

14. Fixed Rate Note Provisions               Applicable

   (i)  Fixed Rate(s) Of Interest:           0.6 per cent per annum
                                             payable annually in arrear

    (ii) Interest payment Date(s):           13 April in each year, from
                                             and including 13 April 2005 to 
                                             and including 13 April 2007

    (iii) Fixed Coupon Amounts(s):           JPY 600,000 per Specified
                                             Denomination

    (iv)  Broken Amount(s):                  Not Applicable
    
    (v)   Day Count Fraction                 30/360, unadjusted

    (vi)  Determination Date(s)              Not Applicable

    (vii) Other Terms Relating to the 
          method of calculating interest for 
          Fixed Rate Notes                   None

15. Floating Rate Note Provisions:           Not Applicable

16. Zero Coupon Note Provisions:             Not Applicable

17. Index Linked Note Interest Provisions    Not Applicable

18. Deal Currency Note Provisions:           Not Applicable

    PROVISIONS RELATING TO REDEMPTION

19. Issuer Call                              Not Applicable

20. Investor Put                             Not Applicable

21. Final Redemption Amount of each Note     Nominal Amount

22. Early Redemption Amount of each Note     As set out in the Condition 6(e)
    payable on redemption for taxation 
    reasons or on event of default and/or 
    the method of calculating the same (if 
    required or if different from that set 
    out in the condition 6(e)):

GENERAL PROVISIONS APPLICABLE TO THE NOTES

23. Form of the Notes:                       Temporary Global note
                                             exchangeable for a Permanent Global Note 
                                             which is exchangeable for Definitive
                                             Notes only upon an Exchange Event.
        
24. Additional Financial Centre(s) or of other special London
    provisions relating to Payment Dates:

25. Talons for future Coupons or Receipts to be attached No. 
    to Definitive Notes (and Dates on which such Talons mature):

26. Details relating to Partly Paid Notes : amount of each payment
    comprising the issue Price and date on
    which each payment is to be made and consequences 
    of failure to pay, including any right of the Issuer to
    forfeit the Notes and interest due on late payment.   Not Applicable

27. Details relating to Instalment Notes:

    (i)  Instalment Amounts:                       Not Applicable

    (ii) Instalment Dates:                         Not Applicable

28. Redenomination applicable:                     Redenomination not applicable

29. Other terms or special conditions:             Not Applicable

DISTRIBUTION

30. (i)  If syndicated, names of Managers:         Not Applicable

    (ii) Stabilising Manager (if any):             Not Applicable

31. If non-syndicated, name of Dealer:             BNP Paribas

32. Whether TEFRA C or TEFRA D rules               TEFRA D rules applicable     
    applicable or TEFRA rules not applicable: 

33. Additional selling restrictions:               Not Applicable

OPERATIONAL INFORMATION

34. Any clearing system(s) other than Euroclear
    and Clearstream, Luxembourg and the relevant
    identification number(s):                      Not Applicable

35. Delivery:                                      Delivery against payment

36. Additional Paying Agent(s)(if any):            Not Applicable

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    ISIN:                                          XS0189842700

    Common Code:                                   18984270 
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LISTING APPLICATION

This Pricing Supplement comprises the details required to list the issue of
Notes described herein pursuant to the £2,500,000,000 Euro Medium Term Note
Programme of Rentokil Initial plc.

RESPONSIBILITY

The Issuer accepts responsibility for the information contained in this Pricing
Supplement.

Signed on behalf of the Issuer:

Robert Ward Jones
Company Secretary