FRN Variable Rate Fix

3I GROUP PLC
                  

RE: 3i Group Plc
    EUR 20,000,000.00
    MATURING: 25/Nov/2008
    ISSUE DATE: 25/Nov/2005
    ISIN: XS0235888970

PLEASE BE ADVISED THAT THE INTEREST RATE FOR THE PERIOD
25/Nov/2005 TO 27/Feb/2006 HAS BEEN FIXED AT 2.573500 PCT.

DAY BASIS 94/360

INTEREST PAYABLE VALUE 27/Feb/2006 WILL AMOUNT TO
EUR 671.97 PER EUR 100,000.00 DENOMINATION.

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