FRN Variable Rate Fix-Amendmt

3i Group PLC
3 May 2000


AMENDMENT

RE: 3I GROUP PLC
GBP 5,000,000 SERIES 77230 EMTN
DUE  01 AUGUST 2002
ISIN: XS0068583094


THIS IS TO FORMALLY ADVISE YOU THAT THE INTEREST RATE FOR THE 
PERIOD 02MAY00 TO 01AUG00 HAS BEEN FIXED AT 6.3875 PCT PER ANNUM. 

THE COUPON AMOUNT DUE 01AUG00 WILL AMOUNT TO:
GBP 1,588.15 PER GBP 100,000 DENOMINATION.
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